Dubai is one of the most important business and tourism hubs in the world. Over the last few years, it has become an influential centre for business and now 80% of the world’s ten largest companies have offices in the city, with nearly 400 out of the Fortune 500 companies represented here.
Property in Dubai is one of the strongest real estate markets, having seen growth of over 25% in 2013. This growth has continued into 2014 and makes Dubai properties a very attractive investment. Dubai’s real estate sector has matured rapidly and is driven by demand and quality. Dubai’s excellent tax set-up has made it a very popular destination for investors interested in Dubai property for sale, resulting in one of the best rental markets across the globe.
To find out more about purchasing property in Dubai and see the latest availability of properties, visit our dedicated UAE property website MyDubaiProperty.ae today.
The Dubai property market has seen a real resurgence in the past 18 months, making this the ideal time to invest here. Dubai has now become one of the world’s best performing markets with over 20% price growth in 2013 alone, while investment hotspots like Dubai Marina saw real estate values rise by over 25% during the same period. Properties in Dubai now outperform cities like London, New York and Paris, offering investors far higher returns for their assets. Select Property offer properties for sale in the most luxurious developments, including No.9, West Avenue, The Torch and Bay Central, which are in the most sought-after locations in Dubai.
Find out which Dubai location best suits you and see the latest availability.
Similar to cities like London and New York, where specific districts are more in demand than others, Dubai has Dubai Marina, Downtown Dubai, The Palm and Jumeirah Lake Towers. In the last year, these areas have shot up in popularity and have strong occupancy rates and rental returns as a result, all of which is excellent news for investors.
Dubai Marina, in particular, is a thriving area and a property investment hotspot, offering exclusive living on the waterfront in a self-contained community. Capital appreciation in this district remains considerable and it provides consistent rental returns of up to 12% paid up front. Now is the time if you’re looking for properties in Dubai as it offers some of the highest rental returns in the world.
Select Property has been selling property in Dubai since 2004 and is Europe’s largest seller of UAE real estate.
As a recognised expert within the Dubai market, Select Property has a dedicated UAE property website that showcases the latest investment opportunities in one of the world’s real estate hotspots.
For expert advice on purchasing property in Dubai, visit our specialist website, MyDubaiProperty.ae for information and latest availability