Dubai, without doubt has been a hub for buying properties. Now, in the last quarter of 2016, it still stands as a leading hub
for local and international investments. Some might not be willing to invest in
this rapidly growing commercial hub after witnessing a drop in the prices over
the last couple of years, experts suggest it might not be such a bad time to
purchase property in Dubai.
Investors have been attracted by the possibility of high
returns from properties in Dubai, in addition to the absence of property tax
unlike in other parts of the world. The ROI is still better compared to other
developed countries, where the minimum return on investment is only about of 5-6%.
Unlike other global destinations, the Dubai property
market is open and welcoming to all investors – making it simple, safe and
streamlined to conduct real estate transactions no matter your country of
origin or current citizenship.
A good mix of purchasing units is readily available,
which makes Dubai an ideal location to buy property for people belonging in
different income groups, and extremely affordable for all categories.
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