Dubai is one of the popular, famous and second largest cities in the seven Emirates of the United Arab Emirates. The city of Dubai has transformed itself from a small fishing village to a dynamic and ambitious cosmopolitan city and an ideal state for investment. Owing to the complete exemption of tax all traders in and around the world prefer to enjoy the unique benefits which are offered for their investments in a property here.
Investors go in for investment in a property in Dubai even before the beginning of construction. Dubai is focusing its attention on trade and tourism. The government of Dubai allowed foreign nationals to go in for investment or own a property in Dubai since 2002. Since the population in Dubai is on constant rise the need for residential property and living space has increased steeply. Jumeriah has been developed in to a luxurious residential center owing to the existence of internet and media city. Dubai Marina Jumeriah and the Palm Jumeriah are some of the few areas which are exclusive and luxurious and good investment opportunities.
Wide and exclusive ranges of investment property are available in Dubai city. The investment in property scene in Dubai is witnessing drastic changes and developments. Non – GCC citizens are entitled to investments in a freehold property in several areas. Investors prefer to buy or sell an investment property owing to the high value of appreciation. If one is looking to invest in a property in Dubai, then there are the apartments, studios, villas and independent homes. Minimum of thirty percent returns is assured from investing in a property in Dubai.
Some important upcoming projects in Dubai which are ideal for investments are currently progressing in the locations like Business Bay Executive towers Bay Avenue and the Walk. Investors prefer to go in for investment in a commercial property, as there is an acute demand and shortage. Dubai Financial center and Business Bay have certain plans to meet the growing demand for the commercial property and these are also lucrative investment opportunities.
Investment in Dubai Real Estate genuinely provides satisfaction to the buyers. Mortgage companies in Dubai offer a variety of investment plans which prove to be beneficial to the investors. Investment in a freehold property in Dubai means that the owner is entitled to hold the property under his or her name until death. The owner is also eligible to sell or lease out the investment property according to his or her discretion. The lists of properties for investment Dubai which are available for sale are listed on various web sites.
Emaar properties were the first real estate company to involve themselves in the business of a freehold property. Burj Dubai Golf Towers and Dubai marina are some of the freehold properties which are good investment options and are available for sale. Al Nakheel property is another real estate company which belongs to the government. It is one among the leading real estate company in the city and offers good investment ideas to prospective clients wanting to purchase a property.