Factors influencing property Buying in Dubai
Dubai is
considered as the gateway to gulf and is one of the fastest growing cities
in the world today. Dubai is also emerging as a commercial hub and has
become a desired place for varied class of people.
In Dubai
one can see impressive new buildings, great shopping malls, beautiful
theme parks and more attractions that make Dubai as one of the best holiday
destinations.
Recently
the Government of Dubai has opened up doors for purchase of freehold properties
in approved projects. Registered purchasers are entitled to resident visas
for the whole family and these visas are issued on standard conditions.
The change
in laws pertaining to properties coupled with many tourist attractions
has seen a lot of foreign investment in Dubais property market.
Because of these reasons, many people have started buying properties in
Dubai.
Your idea
of buying a property in Dubai can be well planned if you consider the
following factors:
Location
In UAE, Dubai
is the second largest one with an area of around 1000 square miles. Dubai
is located in the serene Gulf coast and the famous Khor or the Dubai creek
runs across the land interspersed with beautiful and wild deserts and
mountains.
The advantageous
location between the East and the West, with scenic beauty and a modern
infrastructure make Dubai a favourite destination for outdoor pursuits.
Dubai also
boasts a natural strategically located harbour with which it has become
a big commercial trade centre in the world.
Quality
of Life
When it comes
to hotels and clubs, Dubai has got amazing restaurants, hotels and clubs
that offer superior service. One need not spend ones fortune to
stay in these hotels to enjoy a vibrant lifestyle.
Dubai also
offers a variety of entertainment packages to suit all people from all
walks of life and anyone can look for such attractive package to meet
ones purse.
Security
United Arab
Emirates is well known for its near zero crime rates and hence regarded
as the best secured place to live in.
The existence
of a public security record in Dubai has become a model security service
for the rest of the world and you cannot see or even hear about burglary
or street crimes.
A 24-hour
security service manned by experienced and intelligent people supported
by precise CCTV systems can guarantee you peace of mind all through the
year.
Diversity
In Dubai
you can see a beautiful blend of modern technologies of the west and the
traditional values of the east.
A surprising
statistics reveal that there are people from around 200 different nationalities
living in Dubai and the total population is around 1.7 million.
Dubai is
considered as a highly tolerant city because of the existence of such
a wide variety of ethnic people from various cultures and nationalities.
Dubai is
also known for its rich cultural heritage and hospitality with a true
and traditional Arabic values of courtesy.
Investment
Potential
When majority
of economies in various countries are turbulent, the economy in Dubai
is in contrary and has seen a vibrant growth in the last 20 years.
The strong
economic fundamentals with minimal tax burden have in fact attracted major
foreign investments. People live in here enjoy high tax-free salaries
and live with high investing capabilities.
Property
buying decision has to necessarily be well thought, as the money involved
will be huge and should be able to satisfy your needs.
Consider
all the facts when buying a property in Dubai and carefully look into
all aspects before arriving at a decision.
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