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Booming investment in the real estate market of Dubai by Prime Properties





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Booming investment in the real estate market of Dubai by
Article Posted: 08/22/2013
Article Views: 69
Articles Written: 10
Word Count: 483
Article Votes: 0
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Booming investment in the real estate market of Dubai


 
Real Estate
Dubai currently offers some of the best property investment opportunities in the world. With very formidable economic growth and increasing tourism, the real estate market in Dubai is bound to give high rate of returns. Being a very developed city option to buy property in Dubai is still much cheaper options when compared many other cities in the world. Dubai properties are some of the safest investment options because the market is showing very strong signs of high rate of returns.

Dubai is on the most beautiful cities in the world with very strong infrastructure and management. The growth rate of Dubai properties has exceeded most of the other Middle Eastern countries and even major parts of Europe. Dubai is a city that is attracting very high rate of investments from investors around the world who are also investing heavily in Dubai real estate. Until few years buying a property in Dubai was not possible for the foreign nationals. After there were some considerable changes made by the government there has been a property boom in Dubai. Currently, Dubai real estate sector is witnessing a rapid upward trend that's expected to go even higher with the passage of time. Population of Dubai has grown manifold over the past few years given a sharp and growing increase in the number of expatriates. The Dubai properties have already succeeded in drawing the attention of foreign investors.

Dubai holds many advantages for the people considering real estate investment in Dubai. UAE being a very rich and progressive state does not charge income tax, also Dubai is one of the fastest growing cities in the world and now Dubai has very relaxed immigration laws. Dubai is a great place to settle with family, to open a business or vacation. The weather in Dubai is same through out the year. The infrastructure is comparable to any highly developed city in the world. There are many skyscrapers, apartment complexes, malls, beachfront properties, and marina properties in Dubai. For the foreigners the Dubai does not charge double taxes for investment in real estate. This means that a person that buys property in Dubai does not have to pay taxes to the United States or the UK, even though the person may be a citizen of those countries.

The weather of Dubai is also something that makes it a very attractive option for real estate investment. The climate is usually very sunny, warm, and breezy. Sailing, sunbathing, fishing, shopping, hiking, travelling, and dining outside are all common ways that people enjoying the weather in Dubai. Boating and walking the beaches are some of the ways that people socialize and spend time near the city. Prime properties is a leading real estate companies, Prime Properties is the most extensive portal that helps buyers, real estate agents and brokers with their property search. For more information please visit www.primeproperties.ae

 

Related Articles - Dubai properties, flats in dubai, villas in dubai, real estate dubai,

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