Investing in Real Estate in Dubai : Paradise or Hell ?
Dubai, do you dream about it? It’s probably because it is:
One of the most multicultural cities The most beautiful and prosperous in the world,
- Dubai has stunning historical sites
- Futuristic architecture
- State-of-the-art infrastructure
- Cultural diversity
- A rapidly growing economy And an incomparable vision.
This is why thousands of local and international investors believe this is a golden opportunity
Investments in residential real estate in Dubai generate rental returns for investors and are a popular choice.
Dubai’s rapid evolution into one of the greatest cities in the world is driven by its status as one of the most important – and perhaps even the most important – business centers in the Middle East, as well as by its booming tourism industry.
State-of-the-art infrastructure, highly lucrative assets and a top-notch regulatory environment have made Dubai one of the most sought-after investment destinations in the world.
The city aims to become the most visited city in the world by 2025, which means now is the perfect time to invest in its thriving residential and hospitality industry.
In 2017 alone, 69,000 real estate transactions were carried out in Dubai, which exceeds a total of 285 billion AED (67 billion Euros).
In 2016, transactions totaled AED259 billion (€61 billion) through 41,766 transactions. Another outlet for investment in Dubai is to invest in the hotel property market. The investor buys a hotel room, and since the room is occupied by guests, the investor receives regular rental income. In short, this is the principle of seasonal rental that we all know in the community of owners who move.
This is because the tourism industry is on the rise and continues to hold a larger share of the country’s GDP each year. Hotel investment in Dubai is also a fully managed concierge asset class, and will therefore be fully managed asset liabilities.
Therefore, the hotel management company is responsible for: Maintenance, Advertising And other daily tasks. Property prices in Dubai are affordable compared to other tourist and commercial hubs around the world and the potential for growth is limitless Good real estate investments in Dubai can offer rental returns of 8-10%. In addition, real estate investment in Dubai will also serve as a good hedge against inflation.
