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10 Good Reasons to Buy Property and Invest in Dubai
1.
Dubai has no capital gains tax, inheritance tax – or income tax.
2.
Dubai sits on the serene Gulf coast and enjoys year-round sunshine.
3.
Property prices have risen by more than 20% in the past 2 years and capital growth on Dubai property is expected to be in excess of 15% per annum.
4.
Property is comparatively cheap here compared to other major cities.
5.
The purchaser of property in Dubai is entitled to a residence visa.
6.
Dubai is a country with many taxfree high earners and 5 million visitors a year.
7.
Dubai has a very low crime rate.
8.
Dubai offers a cosmopolitan lifestyle with a multitude of entertainment options.
9.
Rental income from Dubai property is presently between 8 and 10 %.
10.
The UAE Dirham is pegged to the US dollar which makes it a stable currency.
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