Why Invest in Dubai Real Estate?

Dubai is the hotspot for real estate investments. The reasons are not difficult to find. There are innumerable reasons that can be listed to explain why you should invest in Dubai's real estate market instead of other places.

You get an excellent deal, as it is cheaper to buy property in Dubai in comparison to other similar trading hubs around the world like London or other European cities. The city is a lifestyle paradise where nearly 180 nationalists and cultures come together and live in peace. Multicultural and multilingual, this city can make anyone feel at home. The government is lenient towards foreign investors and does not levy any burdensome taxes. Low crime and corruption rates make Dubai relatively safer than other countries with high crime rates. A strategic location at the confluence of all continents makes Dubai attractive to investors across the world to come to invest here. One of the fastest growing cities in the world, Dubai offers state of the art infrastructure and world-class business environment.

Unlike other investment options like hedge funds, stocks etc, and property prices are stable. In times of inflation when other investments erode, property continues to grow in value. Rental income from property is a stable source of income, and while it might fluctuate a bit, it is unlikely to completely vanish. Unlike other markets, Dubai's real estate market is open to all investors.

With liberalization and globalization being the present buzzwords, Dubai's real estate market is bound to get a boost due to inflow of funds and liquidity. Dubai's real estate sector is barely a few years old and offers a plethora of investment opportunities assured to give good returns. Still in a nascent stage, there is tremendous scope for Dubai real estate industry to grow. Investing in Dubai properties can help earn consistent money by renting out properties. Lavish lifestyle, tall buildings, world-class facilities, Dubai is a fast-growing economy. A heaven for investors, whether big or small, Dubai has something to offer for all kinds of investors.

A liberal economic system and no foreign exchange controls, trade barriers or quotas, Dubai holds the distinction of being the No. 1 city among the GCC countries. World-class laws, a state-of-the-art land registry and a strongly-led regulatory authority, Dubai offers 100 percent repatriation on capital and profits to investors. One of the safest cities in the world, Dubai offers strong incentives and protection to investors.

Known for its largest mall and tallest buildings, Dubai is the front-runner in developing mega projects and theme parks. Nearly 20 percent of the world%u2019s construction cranes are involved in 200 mega projects in Dubai. Expected to absorb hundreds of thousands of residents and 15 million tourists and 120 million passengers by 2010, Dubai is growing at an incomparable rate.

One of the most proactive developers in the Middle East, Dubai can give you the right kind of investment opportunity to suit your budget and aspirations. So why not grab the opportunity and make hay while the sun shines?

Zubair Shamsi is the chairmain of Clifton Real Estate Consultants Dubai. He can be contacted here.