Due to Dubai’s unique geographical location, it enjoys a strategic position that allows it to connect to all local Gulf States, as well as to Europe, Africa, and Asia in less than seven hours of flying distance.
The climate and weather in Dubai are overall warm and sunny. Even in the winter, it has an average daytime temperature of 25°C, nearer the coast 12-15°C, in the desert or mountains 5°C. With the nights being relatively cool.
Besides this very pleasant weather, Dubai is geographically very stable meaning you are not bothered with floods, earthquakes, or hurricanes.
EASE OF SETTING UP BUSINESS
There has never been a better time for company formation in Dubai. A global city with cosmopolitan culture and a tax-free business environment. Dubai has been ranked among the top five global cities for entrepreneurs and offers you everything you expect.
The consumer confidence index in Dubai is higher than in cities like New York, London, Bangkok, Paris, Tokyo & Milan and for those who want to start fast, the average time required to set up a business is only eight days.
Dubai is the absolute top-performing investment location for real estate. The city has established itself as a globally recognized trading and transportation center, a real center of commerce for the East.
Dubai is not only much cheaper compared to other real estate capitals around the world, one of the biggest benefits of buying a property here is no matter in which part of the world you buy real estate, but you will also have to pay property tax. Dubai is famous worldwide among real estate investors because you don’t have to pay any tax on your property.
And what about the ROI? In Dubai, you get over 120 percent return from rents and capital gains in the last ten years compared to 75% in London and 63% in New York.
The rental market in Dubai is slightly different than in other places in the world. Overtaking London as the most preferred investment location, Dubai promises up to 10 percent rental yields. Also, know that rent is paid upfront yearly.
WORLD CLASS INFRASTRUCTURE
Dubai is designed as a smart and sustainable city. With Dubai International Airport (DXB) Dubai has not only a world-leading aviation infrastructure, but city has also a highly developed surface transport infrastructure.
According to an insead alumni survey, Dubai is ranked the world’s number 1 city to live and work in. It has a state-of-the-art telecommunications and virtual ‘smart’ infrastructure, high-quality office and residential accommodation, reliable power and water utilities, first-class hotels, hospitals, schools, shops, parks, and recreation facilities.
A strong currency brings a better trading value and this is secured by the UAE dirham being pegged to the US dollar.
Best Luxury Properties: We’re here to help you
Getting interested to invest in Dubai? Using a real estate company when purchasing an investment property is a highly recommended idea. Especially when purchasing abroad in unfamiliar markets.
The local expertise and experience that Best Luxury Properties can service you save more than just time, it also can save you from a bad investment. We’re here to help you, our number one priority is to offer you only the best solution possible.