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Top 5 Benefits of Buying Property in Dubai

TOP 5 BENEFITS OF BUYING PROPERTY IN DUBAI
Dubai is a hotspot for international investors, let’s understand why? High living standards, a diverse culture, impressive yields, and the country’s vision make Dubai every investor’s dream. Crowned as one of the safest cities in the world, with state-of-the-art infrastructure, the below incentives are driving Dubai’s real estate boom.

Zero Percent Property Tax

Dubai offers zero percent tax on property purchases. This makes investing in Dubai real estate more attractive compared to other countries, where taxes can significantly increase upfront capital and negatively impact returns. In addition, there is no capital gains tax in Dubai.

Strong Rental Yields

Dubai real estate investors enjoy rental yields between 6-9%, which is substantially higher than most countries. Will Dubai’s rents fall? Dubai’s population vision for 2030 is part of its broader strategic plan to transform itself into a global hub for business, tourism, and innovation. The population of Dubai is expected to double in the next four years, which will continue to deliver high rental yields for property investors.

Golden Visa Eligibility

Buying a property with a payment plan, mortgage or cash qualifies you for a golden visa with an investment as low as a down payment of 20% (€100,000). With a 10-year Golden Visa, you can sponsor your family, house help, drivers, etc. to enjoy the luxurious Dubai lifestyle.

Be Part of the Future

UAE demonstrated its agility and adaptability as a country during Covid, this highlighted Dubai’s resilience. Attracting top talent and companies from around the globe, UAE is investing in sustainable growth, economic diversification, infrastructure development, and social development.

Safety, Security, and Economic Growth

Dubai’s safety standards don’t need an introduction. ADGM and DIFC are boosting the UAE’s economy by attracting global leaders like Peninsula, Blackrock, Westmount, etc. to the region.

UAE’s GDP is expected to grow by 4.2% in 2024, rising to 5.2% in 2025. UAE’s growth is strongly supported by various reforms and strategies to increase foreign direct investment flows and to attract the best talent.

Q1 2024 witnessed circa 35,000 real estate transactions in Dubai, the majority being apartments.

Vantage Properties in collaboration with Vittoria Group Costruzioni (established in 1984), creates affordable luxurious homes with a focus on design, functionality, and appreciation. We welcome you to be part of UAE’s exceptional journey.

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