subject: Dubai For Investors - Profitable Investment In Dubai Real Estate [print this page] There are plenty of opportunities in Dubai for investors; and quite a lot of them are mainly centered in the city's real estate market. Considering the influx of businessmen and women, as well as various tourists flocking to the city each year, having your own property in Dubai real estate might be your ticket to a successful and profitable investment.
Dubai Investment - The Facts
Dubai is one of the richest and economically stable cities in the United Arab Emirates (UAE). Due to its rich oil reserves, Dubai has slowly risen from a humble beginning to an economic powerhouse that attracted plenty of foreign investors and tourists bring with them the money, so to speak, into the city that contributed much to its growth.
Various construction projects are in the works in Dubai making it a boon to investors looking for a successful investment for their hard-earned money. As of 2007, Dubai has been a hodgepodge of construction projects and improvements and in a span of 3 years, have grown its economy to what it is today one of the richest cities in the Middle East.
Advantageous Investment
Real estate opportunities in Dubai for investors are mainly considered as "free hold properties"; meaning, investors are in complete control over their investment without having to hire an agent or a local manager to take care of it for them. Unlike setting up business organization, owning real estate in Dubai can only be deemed as advantageous to investors. Reasons are simple no corporate tax or income tax needed and 100% ownership, no restrictions, and most of all, having a home for residence or profit in a city where crime is non-existent.
Why Real Estate?
Many would ask why it invests in real estate in Dubai for investors when you can clearly make do with a business entity in the city. The answer is quite simple flexibility. Having your own real estate property in Dubai gives you absolute control on how you want it to be beneficial to your needs. For starters, you can make use of the property as a means of accommodation for your visit to the city; or to utilize the property as investment for rental or to be sold for profit to make way for other investment in the near future.
As of today, 22% of the city's GDP is due to the rising popularity of Dubai's real estate opportunities. Various constructions are underway from luxurious hotels to resorts, or apartment complex to luxury homes; making Dubai a haven for investors looking for flexibility with their investments.
Taking Advantage of the City's Tourism
Another reason why real estate opportunities in Dubai for investors make for a successful investment is because of the city's tourism. That's right; Dubai is well-known tourist hotspot local and foreign vacationers flock to the city to enjoy the tropical lifestyle that the city promises to those who are craving for total rest, relaxation, and of course, fun.
For example, having your own hotel in the city makes it possible to tap into the tourism market to generate profit since it is reasonable that these individuals will be looking for quality accommodations similar to what you offer. Property buy and sell is also a great opportunity in Dubai for investors amassing real estate properties under your name and selling it off when the price is right.
When to Invest
A successful investment in Dubai real estate is not how much you can dish out for properties in the city. Keep in mind that most of the real estate offers in Dubai for investors can be expensive, though there are plenty of financing options available to help you acquire the perfect real estate property to fit your investment. However, it would be best to look for a local agent to help you look for selections to choose from taking into consideration the status of the city's real estate market, as well as your budget an specifications.
