Dubai investment key factors
Emerging Markets Emerging Opportunities
– Dubai, Abu Dhabi and the UAE is the most emerging and dynamic freehold real estate market on Earth.
- Future Supply: All master-planning is Government controlled to carefully manage the demand-supply ratio thus maintain strong growth & returns
- Future Demand: Population growth set to grow from 1.5 million (2007) to 5 million (2010)
- Tourism: will also triple from 6m to 15m, by 2010 Emirates Airlines ordering 55 A380 Airbus (double decker) and the worlds fastest growing airline
- Strong political and economic growth
- Population growth underpinning property market
- Set to be the fourth financial centre of the world, following London, Hong Kong and New York, Dubai DIFC.
- 200 of the fortune 500 companies with head quarters or regional offices within Dubai
- Dubai stock exchange grown eight fold in just four years
- Booming Economy: growth currently at 15% compared to 2.5% in the UK
- Legal & Notary Fees: None required, although legal advice is recommended
- Land Registration Tax: 1% (this is paid to the Government on completion)
- Rental returns: Recent years have returned between 10 - 20% annually
- Freehold: The right to obtain freehold rights on your property is provided with most non-UAE purchases of property.
- Residency: Resident visas are supplied with non-UAE purchase on property
- Cosmopolitan Appeal
- Fastest growing city in the world
- Safest city in the world
- Dubai World Central International Airport: set to be twice the size of London Heathrow
- Dubai Land: set to be twice the size of Disney Land Florida
- Burj Dubai: set to be the tallest tower in the world
- Dubai Mall: planned to be the largest shopping centre in the world (opening August 2008)
- Burj Al Arab: world's first seven star hotel
- The eighth wonders of the world: Palm Jumeirah, Palm Jebel Ali, Palm Deira and The World Island & Universe projects
- Dubai Metro: 69km in length making it the fastest unmanned railway
- Iconic Lifestyle
- 24 hour city
- Where East meets West
- 195 km of beach front and expanding
- 365 Sunny days