dubai investment information

Why Invest in Dubai?

Dubai is the fastest growing city in the world where you find every nationality living and working together in blended harmony; it is quickly becoming one of the top investment choices for both private and business investors from all over the globe. In fact, no city in the world is presently more successful at marketing itself than Dubai.

Comparatively property is still cheap when compared to other major cities in the World. The change in property laws in Dubai and the growth in tourism has led to huge investment in the property market in the United Arab Emirates.

The rapid expansion of Dubai as a business and trading hub for the Middle East is bringing in more and more expatriates. Against a background of rising property prices rental yields have increased sharply in recent years. This is largely as a result of a serious shortage of accommodation.

Whilst there is ongoing major construction it is believed that expatriates will continue to flood into Dubai gaining employment in the many new commercial and business centres due to open over the next few years. This will provide a ready supply of tenants for the many residential complexes currently in construction and maintain strong rental yields. Ultimately, all master planning is Government controlled so the demand to supply ratio is managed.

Local and international banks and financial institutions in the UAE are producing more mortgage options by the day, and the net effect is to lower the cost of borrowing.

Ultimately, Dubai is set to prosper from the massive amount of investment, which is re-inventing the Emirate. As a tax free haven Dubai remains a good medium to long term prospect for capital and rental growth.

Buying Property in Dubai

The buying process is simple and any investor, overseas or resident, can purchase in Dubai’s luxury property developments. Freehold purchase is now available on many developments in the Emirate.

Location

Dubai is one of the seven emirates that make up the United Arab Emirates (UAE) on the Arabian Peninsula.

Languages spoken in Dubai

Arabic, although English is widely used particularly for business or commerce

Religions of Dubai

Muslim

Dubai Climate

Dubai has a sub-tropical, arid climate. Rainfall is infrequent and irregular, falling mainly in winter, it amounts to some five days a year. Temperatures range from a low of about 50 degrees Fahrenheit to a high 118 degrees. The mean daily maximum is 75 degrees Fahrenheit in January rising to 105 degrees Fahrenheit in July.

Getting to Dubai

Dubai is a seven-hour flight from the UK and, as one of the fastest growing major airports in the world, a large number of direct flights are available from across the UK.

Dubai Currency

Emirates Dirham