When most people hear “Dubai”, they think of one of the world’s most popular real estate markets. The city has a lot to offer both new and experienced real estate investors. The market is growing rapidly as new buildings are constructed and old ones renovated to meet the demands of the city’s growing population.
It’s unbelievable how the Dubai Market is immune to the following:
1.Fluctuating Global Economy
If the global economy worsens, people will have less money to spend on properties, negatively affecting the value of properties in major cities like New York & London. However, Dubai has distinct laws that favour investors, no matter if other global economies are unstable and unpredictable. Additionally, developers offer flexible and attractive deals, which help drive up the value of properties in the city and lead to a thriving market.
2.Place of Residency of Investor
Many people around the globe desire to purchase a home overseas, and since Dubai allows foreigners to buy properties without being a resident, it has become a dream come true for many. Moreover, people now even have the option to migrate because of the newly implemented Golden Visa Scheme.
Real estate in Dubai offers a wide range of styles and types to meet every need. Apartments and villas are available in various sizes and price ranges. There are also commercial properties available for businesses.
Learn how to maximize this investment opportunity, get in touch with Dubai’s most trusted brokerage, Powerhouse Real Estate:
Monday to Saturday
Office Address : # 1303 & 2405
Marina Plaza, Dubai, UAE.