Dubai seeks to move away from its traditional oil dependence to a more balanced one based on tourism and services. As a result, its economy has grown with more and more tourism resorts coming up to meet this aim. If you are thinking of making investments in Dubai by buying properties or shares in a company, below are the three reasons to help you in your decision.
- Dubai has become a strong financial services hub which helps to increase the number of foreign professionals flocking in to work. With a high compensation package that are tax free, the average rental yields of properties there is above the average.
- The cost of Dubai property relative to international standards is still very low and as a result the chance of a large capital appreciation increase is very high. Coupled with the confident take on rental properties, the prices of your real estate investment in Dubai will be set to soar in a couple of months.
- Dubai represents one of the rising markets where your investment may make a lot more. Spending some time considering whether you want to investment may be worthwhile when considering the potential benefits involved.
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