Here are some key facts relating to the purchase of investment property in Dubai outlining the distinct advantages in investing in this high growth area.

Capital Appreciation
Dubai properties have risen by more than 20% in the past 2 years ??“ Dubai property is still set to see estimated growth in excess of 12% per annum

Tax Free
No Capital Gains Tax, No Income Tax or Inheritance Tax

Dubai Property Prices
Dubai properties are still far cheaper than most major cities ??“ if you could invest in London Docklands 10 years ago would you? Yes

Demand vs Supply
85,000 Dubai Properties are being built per year ??“ 52,000 Residency permits are applied for every month! The supply of Dubai properties is not expected to meet the demand for years to come.

Dubai property Rental Rates
Rental rates in Dubai have increased vastly year on year with increases between 20% - 40% in the last 2 years alone

Attractive Exchange Rate
The UAE Dirham is pegged to the US Dollar

Dubai??™s Business District
Dubai is the business hub of the Middle East, with a 24 hour stock exchange and Business Bay under way, Dubai??™s Manhattan! Offering prime commercial & residential investment opportunities. And then to top it off of course, year round sunshine and a cosmopolitan lifestyle with an array of entertainment options to suit every taste.

Tags: dubai properties, dubai property

This entry was posted on Monday, September 1st, 2008 at 12:14 pm and is filed under Property & Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.