10 main reasons why you need to purchase dubai property

Here are a few reasons behind investors to take into account committing to the Dubai real-estate sector:

Expo 2020 is coming to Dubai
Dubai is hosting the following World Expo in October 2020. The Expo will attract approximately 25 million visitors from 180 nations. The announcement of the Expo in Dubai has boosted the off-plan property sector. Investors that are buying New Project in Dubai before the Expo will receive a higher return on your investment. The Expo’s duration is 6 months and an incredible number of visitors will need to rent property. The rental demand will be high, enabling landlords the flexibility to improve rents.

Dubai seeks to become happiest city on the planet
In 2016 The Ministry of Happiness was developed in Dubai with primary try to develop programmes and policies to boost the benefits amounts of Dubai’s residents, which was well accepted by the public.

High ROI for Dubai investors
Dubai’s real estate market is maturing because the city’s human population is increasing each year using the numbers from Dubai Statistics Department marking 2,885,818 on the population clock. Investors conscious of the growing demographic are wisely purchasing property to supply the rise in rent demand.

Tourism in Dubai booming
A number of the main areas of Dubai’s economy incorporates tourism, trade, business services and real estate. The building of new hotels and real estate projects can be a direct results of Dubai’s growing tourism industry. By October 2017 Dubai recorded 11.58 mil visitors, while through the same period in 2016 it was recorded 10,77 mil. The number of visitors is anticipated to increase by 2020 to 25 mil yearly.
Source Business Intelligence & Reporting – Department of Tourism and Commerce Marketing – Dubai

The Museum of the Future
The Museum for the future allows visitors to experience the future through cutting-edge simulations and interactive exhibits. The museum should include scientific conferences and gives advanced courses on new scientific achievements and trends. The museum will focus on methods to the most notable three challenges emerging from climate change: water supply, food security and self-sufficient cities.

Low crime rate
A feeling of safety factors are a significant advantage of buying property in Dubai since it is one among the safest havens for both investors and end-users. The crime minute rates are lowest on the planet.

0% income and company tax
Dubai’s policy of no income or corporate taxes attracts many investors and residents from a lot of the countries around the globe where taxes are incredibly high. The UAE is home to over 200 nationalities, and Emiratis constitute roughly 10% of the people in this country, making UAE where you can one of many world’s highest percentage of immigrants.

Superior transportation routes
Dubai is continuously advancing its transportation infrastructure. The US-based Hyperloop One is creating an expedited transportation route between Dubai and Abu Dhabi. Hyperloop One prepares to launch the world’s first operational Hyperloop system, allowing passengers to travel between the emirates in pods at 1,200 km each hour. The project’s goal is always to provide transportation from Dubai to Abu Dhabi in 12 minutes. Hyperloop One estimates that approximately 4,000 vehicles commute daily from Abu Dhabi to Dubai. Dubai Metro in addition has expanded their routes making it a simple journey for Dubai visitors and residents.

Dubai’s inhabitants are growing
Property project launches in Dubai are estimated to increase becasue it is population grows each year which can be guaranteeing high ROI for investors. The Dubai Statistics Centre announced that Dubai’s population in January 2016 was 2.4 million and will reach 5.2 million by 2030.

Gourmet restaurants, entertainment
Dubai offers unique experiences with desert safaris, luxurious spas, beaches, yacht communities, skydiving, water parks and one of the kind entertainment and nightlife. Town is also recognized for its wide array of gourmet restaurants and worlds renowned brands all have presence inside the metropolis Dubai; ensuring that there is plenty to do for the children, families, visitors and singles.
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