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.
It has one of the strongest property markets, following an extremely strong recovery in 2012. Since the economic crash, Dubai’s real estate sector has matured rapidly and is now driven by demand and quality. Dubai’s excellent tax set-up has made it a very popular destination for investors, resulting in one of the best rental markets across the globe.
Select Property is Europe’s largest seller of property in Dubai and has sold more property in Dubai Marina than anyone else. Contact us today for expert advice on how to buy in Dubai.
The Dubai property market is currently experiencing resurgence, making this the ideal time to invest here, with the challenges that faced the real estate industry during the financial crisis now helping to mature the sector. It has now become one of the world’s best performing markets with over 20% price growth in 2012 alone, while investment hotspots like Dubai Marina saw real estate values rise by 30% during the same period. Properties in Dubai now outperform cities like London, New York and Paris, offering investors far higher returns for their assets.
Find out which 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. It has been the master agent to iconic projects with Dubai Marina’s largest private developer, Select Group, selling towers including Botanica and Bay Central in Dubai Marina, as well as The Torch, the world’s tallest residential tower.
As experts in Dubai, Select Property does more than just sell units, and it has been with investors throughout their investment process, from buying properties off-plan and taking ownership of the units to earning a rental income and subsequently selling them on for a substantial profit.
Over 9000 properties have been sold to investors from more than 100 countries.
Speak to our team of experts today for guidance on the best investments.