Benefits of buying property in Dubai

Wednesday, November 30, 2016

Better Homes offers the latest and best-priced properties, so check our site for a wide selection of real estate. Start your Dubai property search now!

One of the fastest growing cities in the world, Dubai is replete with scenic water views, skyscrapers and idyllic spots for quiet reflection. From housing the world’s tallest tower to artificial islands in the shape of palm trees, Dubai never fails to intrigue and impress.

 

Looking to buy Dubai property? Better Homes offers an exciting range of Dubai property, both apartments and villas in established and up-and-coming communities that offer great investment potential.

 

Before beginning your search for Dubai property, it’s important to understand the Dubai property market and the factors that make it one of the world’s most exciting markets for real estate.

 

Top X factors to keep in mind

  1. Great weather: Enjoy a sun-kissed lifestyle all year-round. The summer heat is scorching but for the remaining six months, temperatures are perfect.

  2. Tax-free income. How many countries in the world can you say that everything you earn is yours to spend?

  3. High standard of living: Want to drive a Porsche? Or dine at the world’s tallest tower? The lifestyle offered by Dubai is sumptuous. Moreover, Dubai isn’t all about the malls and skyscrapers. From diving, skiing, snowboarding, biking, golfing, fishing, sailing, windsurfing, desert activities and water sports, Dubai has all the activities you can think of, year-round.

  4. World-class infrastructure: Dubai has the infrastructure that one would expect from a world-class business hub. The government has introduced free zones that serve as hubs for businesses in areas such as Jebel Ali and Media City to attract foreign entrepreneurs.

  5. Safety: The UAE has a strict policy of deportation of criminals, making it a very safe city.

  6. Strategic location: Dubai is less than 5-6 hours of flying time from majority of the world’s destinations.

  7. Competitive prices and rental yields: Dubai property rental yields are significantly higher than those offered in popular cities such as London and New York. Choose the right agent, pick the right Dubai property and home ownership can be a very rewarding experience. Recent data also lists Dubai as the most 'affordable' city to purchase a home compared with other major international hubs such as London, New York, Hong Kong, Paris and Singapore.

  8. Stable and mature Dubai property market: Dubai property prices have stabilised and the market has matured, making this a great time for investing in property.

  9. Regulated market: Dubai is the most transparent real estate market in the MENA region. The government acknowledges the role that improving transparency plays in increasing levels of foreign investment. Its new Open Data Law looks to promote the sharing of non-confidential data between government and non-government entities. The Real Estate Regulatory Agency has implemented several new measures to make the Dubai property market regulated and on par with international destinations.

 

Better Homes offers the latest and best-priced properties, so check our site for a wide selection of real estate. Click here to kick start your Dubai property search!

 

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