Property for sale in United Arab Emirates
The United Arab Emirates is a nation of the Arabian peninsula, most of which overlooks the Persian Gulf. The country is a federation of seven emirates, and in Abu Dhabi, the island's capital, there is the Sheikh Zayed Grand Mosque. In Dubai there is the ultramodern Burj Khalifa skyscraper, huge shopping centres and extravagant entertainment centres. The United Arab Emirates borders Qatar to the northwest, Saudi Arabia to the west and south, and Oman to the east and north-east. Why does Dubai attract so many capital and investors who are interested in buying property for sale in United Arab Emirates?
Dubai has risen from 1.4 million people in 2006 to almost 3 million in 2017, then a net doubling of the population, and why Dubai annually ranks the ranking of the countries with the largest amount of investment by foreign capital.
Over 15 billion dollars of foreign investments were collected in 2017. Dubai has a particular real estate market, full of opportunities but also of pitfalls. There is no similar market in the world. The country is 90% populated by foreigners.
The construction sector and Real Estate develop a percentage of 14% of GDP, representing one of the main economies of the country. 65% of total investments in real estate derive from foreign investments.
Dubai is located in a geographical area that attracts capital from different continents. Dubai is considered a tax haven in many respects.
During the years of the European economic boom, the capitals of rich investors converged on European tax havens, see Montecarlo, today the trend and globalization defines Dubai as the Montecarlo of the Middle East.
It is also necessary to wonder why the population can be increased in this proportion, there is no city in the world that in just 10 years has doubled the population. The opinions are different, but all converge on these main points that are the reasons for which buyers deciding to purchase property for sale in United Arab Emirates:
Dubai is one of the safest cities in the world, you live calm, there are no crime problems. This aspect, especially for those with a family, is fundamental. Dubai is one of the most desirable and prestigious tourist destinations in the world. The percentage of tourists grows at two figures every year. The city offers services of the highest level, cleanliness, order, a beautiful sea, beaches, hotels, recreation areas, sports facilities, entertainment, restaurants and very good kitchens of all kinds and for every pocket. An acceptable climate for most of the year, in fact from October to May there are ideal temperatures and it rarely rains. Many tourists from various locations in the world opt for Dubai as an ideal destination thanks to the certainty of the days of heat and sun.
Quality of education. Many families with children from different countries decide to move to Dubai, knowing that they can count on an excellent educational and educational level
An ideal place to do business, an international hub. Zero income tax
In short, it is difficult to find another place that has all these five points together.
Who buys property for sale in Dubai? Here is the list of countries: Lebanon, China, India, Saudi Arabia,UK, USA,Pakistan, Ireland, Egypt, Iran, Kuwait, Jordan and Germany.
In Dubai investors come from all over the world for buying property for sale in United Arab Emirates , the reasons are not only those of pure investment, many of them buy to live there and for many others it is a second home.