Why invest in Dubai? This is the question that many prospective investors ask themselves when they think of investing in Dubai. In this article, we will give you a suitable answer to the question. So keep on reading.
Dubai today is one of the top tourist attractions that have gained popularity in the whole world. It is famous for its Compulsive buying, lavish hotels, vibrant nightlife, superb architecture and outstanding views.
Dubai offers a luxurious lifestyle for its residents along with everything spread out in an enormous way and magnificently. It is heaven for people who want to invest their money and get huge returns.
Dubai has been lucky enough to benefit from its geographical location, lifestyle, as well as different opportunities available here. There was an amazing transformation of Dubai from a remote desert coast line into one of the most beautiful cities.
Nowadays, Dubai is a major metropolis while serving as a leisure and shopping center for foreign businesses. As “a city of dream” it has become home for many investors or business professionals within the region.
For those who wish to invest in something good, Dubai offers them an opportunity to do so. It poses as an excellent choice for international investors considering its connections with vital markets like Asia, Africa and Middle East.
Thus, some individuals living outside UAE prefer investing in Dubai more often than not. Middle East, Africa, and South Asia (MEASA) region with population exceeding three million people has significantly increased business and investment activities.
With growing businesses and investments needs arise requiring wholesale banking and capital markets expansion. Consequently this further develops Dubai as central hub which links vital markets within the area thereby explaining why business worth over $350bn annually takes place there.
Dubai has continued its position as a trustworthy option for investors globally. But what factors make this city attractive for investors on a global scale? Explore some of the top reasons that why to invest in Dubai is a lucrative opportunity for you.
Top Reasons- Why Invest in Dubai?
Dubai is the best destination to invest in because of its elegant seascapes, incredible skyline, and plenty of opportunities in leisure and hospitality.
Dubai provides several benefits for investors. Growing options in various fields continue to engage international talent in Dubai. The UAE government allows non-residents to own 100% of their real estate.
In recent decades, Dubai has transformed into a world economic hub that engages investors globally. Due to its strategic location, business-friendly policies, and outstanding infrastructure, Dubai has become an attractive place for investors.
See also our top article: A guide for the best investment with high returns in UAE
Below are the top reasons to why invest in Dubai
Strategic geographic location
For many years, Dubai has been a central hub for business in Europe, Asia, and Africa. Due to being strategically located on the Arabian Peninsula and its instant closeness to the Persian Gulf, Dubai has transformed into a channel joining the Middle East, Asia, and Africa.
By using the strategic location of Dubai, its government has made outstanding infrastructure. The Dubai port and airports are the busiest and give easy access to the worldwide market Businesses in Dubai.
Dubai maintained its position as a central hub by making global and regional headquarters of main companies with its business-friendly approaches.
Dubai’s attractiveness is improved by a powerful regulatory structure, social and financial resilience, and attention towards change and technology.
Business-Enabling Policies- why invest in Dubai?
Among the reasons for investing in Dubai one cogent reason is business-enabling policies. The Dubai government has implemented investment-friendly policies. Investors and businessmen have become attracted to it through these policies.
There are various incentives available in Dubai including tax exemption, free zones, among others.
Dubai has several free business zones where the investors can get 100% ownership with exemption from taxes, import or export duties and so on. Such zones provide a convenient atmosphere for companies wishing to start their businesses.
Read also: Essential Considerations for DUCAMZ: A Comprehensive Guide
Investment with zero tax
Dubai’s tax system is regarded as one of the topnotch system in the world. There is no income tax involved in this system. This permits the people to retain a big portion of their income.
Dubai’s income tax system is created to engage international talent, eliminating the income tax and ensuring people can get full benefit from their income.
The absence of personal income tax is important in Dubai’s income tax system, improving the city’s charm as a suitable place for experts and investors.
Impressive Return on Investment
In Dubai, real estate can be a suitable return on investment. It is a pleasing experience as Dubai provides attractive properties in famous areas that give impressive returns.
Investing in Dubai property can yield great return because of the absence of property tax.
Expect returns above 6% with a double-digit number in key communities, highlighting it as one of the profitable rewards.
Additionally, Dubai property costs are increasing, which results in crucial profits for investors.Indeed, the question Why invest in Dubaiis a compelling topic for investors who want a stable and profitable destination.
According to a current study of UBS, the Dubai property market differentiates itself as one of the rare markets of the world in comparison to other cities.
Remember, selling property and, after that, investing your cash in it can provide you rapid profit.
Provide Golden Visa
Dubai provides a golden visa program to investors and guarantees long-term residency and other advantages. This program makes it simpler for investors to set up their business in Dubai and enjoy its profit.
To get a golden visa, investors should invest their cash in public investment or have ownership of property with a minimum of 2 million dirhams.
If an investor is investing in an investment fund, it must show an AED 200 million deposit and evidence of giving money to the government yearly.
Security and Stability
Think of Dubai’s insightful and rapidly developing business environment; hence, the question arises why invest in Dubai? Dubai is one of the safest cities globally. It has a low crime rate and a strong security system.
The investor can be sure about the safety of their investments. Dubai is well-known for its political stability.
Dubai has an established legal framework that safeguards investor rights and ensures a stable business environment.
Conclusion
Dubai offers numerous profitable options to non-residents who are doing business there. Dubai FDI provides advice and guidance to foreign investors on free zones that cater for the most strategic sectors.
Nevertheless, thorough research must be conducted and the old saying “don’t put all your eggs in one basket” should be remembered when selecting Dubai as an investment location.
This is a common concern of potential investors in Dubai regarding the possible negative effects on UAE’s economy due to expected reduction in demand for crude oil over next several decades. Despite the fact that it still hugely contributes to the country’s revenue, government is actively promoting UAE economy alternative sectors and publicizing them.
Given recent influx of FDI into UAE, Dubai makes a great place for investing. So the question Why invest in Dubai- should be cleared now.
If you want to invest in Dubai and need help with banking support, marketing services, branding services or anything else.
Nam Corporate has competent consultants specialized in supporting people in all stages of starting up businesses in Dubai.
