Dubai Real Estate

Dubai is a city within the United Arab Emirates and the financial centre of the Middle East. Home to the world’s tallest building The Burj Khalifa and the iconic Palm Island Jumeirah coupled with a zero percent tax rate and a zero percent crime rate Dubai truly has established its position in the world as a Global Capital.

Dubai is a city within the United Arab Emirates and the financial centre of the Middle East. Home to the world’s tallest building The Burj Khalifa and the iconic Palm Island Jumeirah coupled with a zero percent tax rate and a zero percent crime rate Dubai truly has established its position in the world as a Global Capital.

Dubai’s current population is estimated to be around 2.1 million however latest reports predict that the number of people living in Dubai will exceed 3.4 million by 2020. It is amongst the most multi-cultural cities in the world with the local Emiratis accounting for only 17% of the population with over 200 nationalities making up the remaining 83%.

According to the Mastercard Global Cities Index 2015 Dubai is the unmistakable world champion of tourism, recording an 8.2% year on year growth and cementing it’s position as the World’s 4th most visited city in 2015 with 14.26 million visitors expected. Dubai’s ambitions do not to stop here, the government has set a target to be the undisputed leader in global tourism with 20 million visitors by 2020.

Property Investment in Dubai

The Wealth Report 2015 by Knight Frank lists Dubai as one of the World’s Five Prime Global Hotspots with strong growth opportunity. Dubai provides value for money and ample growth opportunity as the 2nd cheapest Global Capital from 20 Global Capital’s assessed with averages prices of £422 per square foot for prime luxury residential property. Opportunities for Property Investment in Dubai are galore from hotel apartments in Business Bay and Downtown Dubai, to luxury investment properties on Palm Jumeirah, a skyline apartment in Dubai Marina overlooking the Arabian sea, a villa property in one Dubai’s new golf communities or a low-cost apartment in Dubai World Central by the new airport and Expo 2020 site.

With a growing local population and a booming tourism sector Dubai property is certainly an asset to be held by a global property investor as part of diversified portfolio. 

The Dubai Land Department (DLD) recorded a total transaction value exceeding $77.6 billion in 2017. These figures are simply mind-blowing and one would wonder why and how the Emirates is able to attract such a large sum of investment – that is higher than many countries’ gross domestic product (GDP). The answer to these questions lie in the unique advantages of investing in Dubai and the Emirate’s attractiveness in pulling global investment and resources. For the real estate sector, however, the main reason is the attractive return on investment (RoI) – something every investor considers before investing. Rental income becomes an important component of returns as it matures immediately in comparison to capital appreciation which can be realised only upon selling the property or releasing sizable equity through mortgage. Our investors are enjoying a healthy return in Dubai with the Largest Real Estate Developer in the UAE.

Contact us