Is Real Estate a Good Investment in 2019

Before you buy apartment in Dubai or any type of real estate property in the UAE, you should know whether it would be a good idea or not. After all, real estate investments are major and the paramount consideration is high ROI.
At this point, you might be wondering if real estate is still a good choice. The quick answer is yes and here are the reasons you need to know.

Increased number of Foreign Investments

One of the main reasons UAE enjoys a great growth in its real estate sector is foreigners pouring in a big amount of money in the country. The trend is seen to continue for the following decades as UAE offers attractive incentives and tax exemptions, discounts for foreign investors.
In 2017, there were more than 23,000 foreigners who completed about 30,000 property transactions. This figure greatly outnumbered Gulf nationals. Not only that, but foreign investors spent approximately Dh56 billion in 2017 buying properties in Dubai.

Higher Return on Investment (ROI)

UAE at large & Dubai in particular, provides an attractive ROI for foreign investors. According to one study, the average ROI for rental apartments is seven percent while five percent for villas for sale in Dubai. In spite of some decline in rent prices during recent years, the ROI for the local real estate market is still competitive and even higher compared to other major cities in the world.

Improving Infrastructure

The UAE stays aggressive in adding major infrastructure and construction projects in its cities. Having roads, bridges and good public transportation system in place makes UAE even more attractive for foreign investors. No wonder that there are a lot of architectural marvels that you can only find in UAE.

Location: Dubai - United Arab Emirates

Comments

Post a Comment

Popular posts from this blog

Freehold Vs Leasehold Property In Dubai – All You Need To Know

Image
  If you’re planning to invest in   real estate Dubai , it’s best to know and understand the different types of properties that you can acquire. Knowing the difference, no matter how simple can help you decide on which type of property is more suitable for your intended purpose. What types of property can foreigners acquire? Foreigners and ex-pats may acquire properties in designated areas in Dubai. They may opt to buy a leasehold property or a  freehold property Dubai . Leasehold properties Buying a property on a leasehold basis will allow you to obtain property rights for a fixed term, a maximum of 99 years. However, if you do not buy the property’s land, the ownership will remain with the freeholder What are the pros and cons of buying a leasehold property? Advantages Since ex-pats and foreigners in Dubai are not permitted to own properties on freehold in non-designated areas, buying properties on leasehold provides more options regarding the price and area selection. ...
Read more

Dubai Metro Celebrates 10 Years

Image
It seems like it was just yesterday when the Dubai Metro first opened its doors to the public. Now, this year marks its tenth anniversary. Looking back, as one of the most ambitious projects in UAE’s transport system, it has boosted the country’s economy, increased the value of  Dubai properties , and supported sustainable growth throughout the past decade. Dubai Metro was launched on the memorable day of September 9, 2009 (9/9/9), Wednesday, at exactly 09:09:09 PM. It was headed by Dubai Roads and Transport Authority (RTA). As a special government project, The Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, graced and inaugurated the Dubai Metro, which signals a new era of the UAE’s unstoppable economic prosperity. Initially, Dubai Metro started with the Red Line , which runs from Jebel Ali to Rashidiya. It spans over 52km with 29 stations. Four of them are located underground, 24 are elevated, and one is o...
Read more

Are Apartments Still A Good Investment?

Image
Do you want to buy an apartment in Dubai? Do you wonder whether this will be a good investment or not? Are you worried that you might end up losing more rather gaining something? If yes, then make a sure investment by considering the properties featured on this post. Get to see a list of apartments for sale below and in the process, you will learn why these apartments are a good investment. Fully Furnished Studio in Liberty House DIFC Located in Dubai International Financial Centre, this apartment is strategically located in the heart of the city. Liberty House has 42 floors and it consists of high-end offices and luxury residential units. It’s a great investment because it is already fully furnished. It comes with king-size beds, love-seat-sofa, coffee table, side table, full-length mirror, reading desk, and a lot more. A balcony is available for you to enjoy the city’s skyline. More importantly it is one of the most sought after areas in Dubai and will hardly lose any ...
Read more