The United Arab Emirates in general and the Emirate of Dubai in particular occupy an advanced position among the best countries in the world suitable for real estate investment. This is attributed to the appropriate investment conditions in the country and the laws that aim to reduce the obstacles and difficulties that may face any investor thinking of buying a property in the country.
جدول المحتوى
ToggleReal estate investment in Dubai
The Dubai government has enacted many laws with the aim of encouraging real estate investment. First, before talking about the future of real estate investment in the Emirates, we will talk about investment in Dubai in general. As we all know, the United Arab Emirates, represented by the Emirate of Dubai, ranks third globally among the most suitable countries for real estate investment.
This achievement was not a coincidence. The Dubai government, in cooperation with the Land and Property Department, enacted many laws and legislations that serve the investor’s interests and preserve the developer’s rights at the same time. The real estate market in Dubai quickly recovered after the 2008 crisis, as real estate investments in Dubai returned at a higher rate than before, and are still making great progress year after year. The following are the motives for establishing a company in Dubai for foreigners and citizens:
- Economic stability
The UAE is ranked 25th among the most competitive economies in the world, due to its strategic location, strong international relations with neighboring countries and the world, as well as the government’s open policy towards economic diversification and the provision of freehold areas.
- Ease of doing business
The UAE provides an ideal business environment for investors and entrepreneurs, thanks to the excellent infrastructure that gives the country a competitive advantage over other countries. The country has occupied advanced positions in the same field, including first place globally in electricity delivery, fifth place globally in dealing with building permits, and seventh place globally in property registration.
- open economy
The UAE encourages private sector growth and competition, and implements anti-monopoly laws and regulations. The UAE has strong relations with major trade organizations at the regional and international levels.
- Social stability
The UAE is considered one of the safest and most stable countries in the world, where values of tolerance and acceptance of others prevail, due to the great cultural diversity in the country.
- Real Estate Investment Companies in Dubai
The real estate market in Dubai is considered one of the strongest markets in the world, and therefore the best real estate investment companies are located in Dubai, due to the great activity in this sector.
- Dubai real estate investment returns
Investment returns in Dubai are ranked among the highest in the world, estimated at around 7% of the property value annually.
About the future of real estate investment in Dubai
The Emirate of Dubai embraces a large number of projects that are still under construction. Many studies have indicated the prosperity of real estate investment in Dubai in the future, represented by the prosperity of the local economy, which is followed by prosperity in various sectors of the country, including the real estate sector. There is no doubt that the real estate sector is closely linked to the tourism sector, which is flourishing day after day in the country. The reasons for the prosperity of real estate investment in Dubai can be summarized as follows:
- Laws and legislation
Dubai’s real estate investment environment is considered one of the most attractive environments for investors. Many real estate laws and legislations have been issued that have become more influential in the performance of this vital sector and will enhance demand in the sector during the current year and the coming years, after leaving a positive impact on real estate investors regarding the future of the sector, and it is expected that it will bear fruit in the future.
- New projects
The real estate market in the Emirate of Dubai is witnessing great activity. No sooner is a real estate project completed than another project is established in a better location and with a higher investment return. These are all reasons that prompt investors to think carefully about searching for the best areas in Dubai for real estate investment, which vary and change from one year to the next, due to the rapid pace of construction and development of real estate projects in the emirate.
- Positive expectations
Many reports and research issued by Dubai Economy indicate that the economy and real estate sector will flourish in the future. These reports spread optimism among investors and encourage them to invest.
- population growth
The population growth in the United Arab Emirates in general and Dubai in particular is considered one of the highest growth rates in the world, due to immigration and the facilities provided by the state to residents, which is directly proportional to the rate of demand for buying and renting real estate.
- Security and stability
Security and stability are among the most important factors affecting the future of real estate investment in Dubai, as Dubai has many reasons that attract investments, most notably security, safety and stability, thanks to the availability of security services with international standards, noting that Dubai includes more than 200 nationalities from different cultures and ethnicities.