Property in the United Arab Emirates (including Dubai) offers the opportunity to profit from a still growing property market and tax-free incentives, making it the major overseas property investment destination it is today.
Over recent years, property in Dubai has stolen the limelight in terms of real estate success, having reformed its foreign ownership regulations to attract a multitude of investors. While this continues to be the case, other emirates such as Abu Dhabi, Sharjah, Umm al-Qaiwain and Fujairah are growing in importance, having followed suit to absorb the overflowing demand from Dubai. While prices remain comparatively low and economic prospects are high, these emirates are attracting a steady flow of fresh investment.
With a population topping 4.6 million and high per capita income, the UAE economy is growing fast (7.4% in 2007), resulting in extremely strong capital growth and high rental yields for the real estate market. The UAE attracts a large number of affluent expatriates and foreign workers who wish to take advantage of its comparatively low cost of living and tax-free business and residency incentives. Today this group alone makes up more than 75% of the population.
In addition to a booming oil based economy, the UAE’s commercial and financial environments are hugely successful. Not to be forgotten is the fact that the UAE is one of the world’s fastest growing tourist destinations: luxury, state-of-the art holiday resorts and facilities are being built across the emirates to complement natural attributes of sun, sea and sand in abundance, giving the UAE all-round appeal as a truly multi-faceted destination.
Diligent investors and homebuyers will be enjoying strong returns from their early purchases in the UAE. We are delighted to be able to offer you carefully vetted property at today’s unbeatable prices.
The standard of living in the UAE is high, largely due to the wealth created by oil and gas. The emirates now complement oil price fluctuations with valuable revenue form regional trading and tourism. Billions of dollars have been pumped into showpiece development projects to create skyscrapers and other edifices of overwhelming proportions, now making the construction industry the third largest sector of the economy, after oil and trade.
Lavish projects continue to attract tourists seeking sheer luxury, along with the fantastic tax-free shopping. Ease of access via six international airports helps render the UAE a worldwide attraction, while a relaxed, quality lifestyle and a warm climate entice investors, expatriates and holidaymakers alike.
A general guide to buying property in the UAE. The UAE property Buyers Guide will make you aware of the buying process for property in the UAE.
Many potential buyers of property in the UAE will seek finance for their investment. This section looks into what finance options are available for the purchase of property in the UAE.
Carefully planned currency exchange can save UAE property buyers thousands when transferring funds overseas. Our partnership with a major international FX company allows you to transfer funds efficiently.
The United Arab Emirates FAQs
Here you can read news articles regarding property in the UAE, which will help you keep up-to-date with the UAE property market prior to a purchase.
Learn about the unique aspects to property purchase in the UAE, which will enable you to plan your purchase tax efficiently.
The UAE offers investors an exciting and highly lucrative market in which to invest.
Closely following Dubai, the other United Arab Emirates are now offering similar investment potential, while prices, for now, remain substantially lower. This situation is changing by the day and early investors expect to continue to see rocketing growth from their investments in the short to medium term.
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