Find out the 3 driving factors that are actually creating more investment opportunity in Dubai, and this has boosted the overall sales volume in Dubai and even 80% jump in the supply of property coming with its previous years, so get all the deets to plan your investment in 2024.
Dubai undoubtedly has formed a strong niche in the world with its diversified exposure that is strong in terms of experience, choice, freedom, options and more, and along with this, Burj Khalifa & Palm Jumeirah are the most exclusive inventions that make this place exclusive in every sense of development.
And now for the broader picture, Dubai welcomes in its real estate with easy investment plans, affordable investment and instant visas and a lot more that make the investment opportunities wider and comfortable for keen buyers or investors.
So here are factors that grow investment opportunities in Dubai, and below we are going to unveil 3 main factors to consider if you are planning to buy a property in Dubai, so let us get started: -
This is a well known fact worldwide, so property tax saves a good enough of amount where investors find this factor lucrative and boost the number of investors to plan for Dubai properties. Zero tax is truly profitable as in many cities tax is not exempted, so this way it attracts more people all over to be a part of this city where without paying a tax one can plan for real estate investment.
As Dubai is one of the important tourist destinations in the world, so the demand for small properties are higher, and this way the owners grab high rental income monthly and this is unbeatable as many cities fail to offer this much of rental, so this way, buyers are planning to buy a studio or a small size apartment to get good rental, and the idea behind choosing the small property is that it is affordable and then easy to maintain.
And in fact, as a home seeker where small families, professionals and bachelors look for a property that is manageable and easy to move, so in this case, small size properties are in demand.
| COMMUNITY | RENTAL YIELD |
|---|---|
| Jumeirah Village Circle | 8.64% |
| Dubai Silicon Oasis | 9.29% |
| Dubai Production City | 8.29% |
With more than 33% increase in the sales of real estate, it has made a point that more buyers are coming to Dubai in order to buy luxury property in Dubai, and this has pushed the builders to unveil a more exclusive and impressive range of projects all over its communities, so that the demand and supply both works simultaneously.
The supply so far in the year 2023- 27, 000 and by 2026 it is expected to be 42, 000, so almost an 80% jump showcases more projects to be there where the buyers can find ease in finding their dream property.
List of some new residential buildings where a premium and comfortable lifestyle can be expected, and even it is great when it comes to investment because these projects are located in the self sufficient communities of Dubai.
So these are some of the newly launched projects in Dubai, and if you are seeking for more quality and ideal option for investment, then Dubai Housing is a smart and diversified platform where one can get heaps of different options that too in its more than 200 communities in Dubai.
Along with this, their assistance and right guidance is going to help you to find out the property that falls in your budget, choice and taste, because if you are a novice buyer, then meticulous planning and platform is required that leaves no room for disappoint.
And holding these 3 factors it clears the picture of Dubai’s real estate market that is going with all transparency.
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