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About Dubai
Dubai is a global city and business hub in the Middle East. It is also a major global transport hub for passengers and cargo and a growing center for regional and international trade since the early 20th century.
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Why Dubai ?
DUBAI HISTORY
Dubai was founded in 1833 at the mouth of Dubai Creek which was a natural harbor. Soon, it became a center of fishing, pearling, and sea trade. In the 1950s, Dubai was a major trading and re-export hub. The oil was discovered in 1966 in Dubai, its revenues were used to spur infrastructure developments in Dubai like schools, hospitals, transportation…etc. In 1971, Dubai joined the other emirates to create the United Arab Emirates.
OIL DISCOVERY
The city life has changed dramatically when oil fields were discovered in 1966, 60 nautical miles from the coastline. They were quickly developed, and in 1969 the first batch of “black gold” was exported.
DUBAI BOOMING
The governments decision taken in the1980 to diversify from a trade-based, oil-reliant economy to one that is service- and tourism-oriented made property more valuable, resulting in the property appreciation from 2004 to 2006 in line with many legislations that allowed the real estate freehold.
CAPTIVATING CONTRAST
Dubai is where business meets leisure, the future meets the past, and modernity meets traditions. Dubai is where people and cultures from all over the world melt in one pot.
TOURISM IN DUBAI
Dubai lure for tourists is based mainly on shopping, but also on its possession of other ancient and modern attractions.
As for 2013, Dubai was the 7th most-visited city in the world, based on the air traffic. Also, it was considered the fastest increasing growth city by a 10.7% rate. In 2019, it hosted 16.73 million overnight visitors. Expo 2020 welcomed more than 20 million visitors during 6 moths from Oct. 2021 till Mar. 2022.
ECONOMY OF DUBAI
Dubai economy is one of the worlds fastest-growing, its gross domestic product is projected at US$107.1 billion, with a growth rate of 6.1% in 2014. United Arab Emirates reached 421.1 billion USD (2019).
HAVING A PROPERTY IN DUBAI
Dubai is a multi-cultural melting pot, containing almost 200 different nationalities calling it Home. About 90% of the population come from outside the country. Dubai has attracted buyers from all over the world, it is arguably one of the most cosmopolitan cities in the world.
Any person of any nationality, whether lives overseas or a resident of Dubai, can purchase a property through Dubai market of freehold property.
DUBAI...YOUR WINTER HOUSE
Enjoying the sea, the sand, and the sun, where winter will be fun.
By the time the winter in the north of Europe is freezing with temperatures under zero degrees and dark long nights, the weather in Dubai will be amazing with a temperature around 20-25 degrees and long sunny daytime.
LIVING AND RETIRING IN DUBAI
Living in Dubai is a wonderful journey around the worlds cultures and heritage. In Dubai, you live the future in the present enjoying the modern infrastructure, lifestyle, and technology. There is a high level of services and safety available to everybody who lives in this global city. In Dubai, you can live the level you wish, starting from the simple life to the most luxurious one.
OWN YOUR HOTEL ROOM IN DUBAI
Your vacations will not be expensive anymore.
Dubai offers hotel rooms as an investment, which is a relatively new concept originated in the USA.
DUBAI NIGHTLIFE
The beach parties, VIP nightclubs, intimate lounges and great outdoor bars. There are popular clubs all over Dubai, when the sun goes down the nightlife becomes full of vitality, from the largest and latest clubs to the intimate lounges, bars, and cafes.
Ski Dubai...Never Miss The Snow
Opened 2005 at The Mall Of The Emirates, Ski Dubai the worlds largest indoor snow park, by that time, is offering snowboarding, ski lessons, a children play area, and a cafe,
Parks & Golf Courses
Dubai is a home for 11 of the finest courses on the planet. It is an extraordinary golf destination, that should be on every golfer’s bucket list. Since opening the region’s first grass course in 1988, Dubai has shown an unwavering commitment to the sport and is now one of the most esteemed golf locations on the planet.
1. Dubai is a popular tourism destination with fabulous landmarks and entertainment attractions to see and experience.
2. Property prices in Dubai are cheaper when compared to other major cities around the world.
3. Setting up a business in Dubai is very easy, there are various free zones offering world class infrastructure.
4. Dubai is a trading and business hub for the Middle East. Dubai’s strategic location between East and West makes it a gateway to connect with emerging markets in Asia, the Middle East and Africa.
5. Dubai boasts a thriving economy which is diversified in trading, manufacturing and tourism and is not dependent wholly on oil.
6. Dubai has a very low crime rate which makes it one of the safest places to live on earth.
7. UAE has a liberal policy encouraging foreign individuals and companies to invest and take part in the mutual growth process.
8. Dubai has a state of the art road and train infrastructure and continues to develop further which ensures accelerated growth.
9. Dubai International airport retained its title as the world’s number one airport for international passengers in 2016.
10. Dubai is hosting the EXPO 2020 and is expected to attract 25 million visits, 70 per cent of which will be from overseas.
Real estate is generally a great investment option. It can generate an ongoing passive income, and it can prove to be a good long-term investment if its value increases exponentially over time. ... However, you need to be sure that you are ready to begin investing in real estate
Real estate investing is very much learning by doing, so you need to buy an income property and become a landlord in order to gain knowledge and experience. Whileinvesting in stocks can be very risky if you are not an expert, investing in real estateis generally safe even for beginners.
Any person of any nationality, whether based overseas or a resident of Dubai, can purchase in Dubai's freehold property market in designated areas as authorised by His Highness the Ruler of the Emirate of Dubai. You are not required to hold any type of residency or similar permit in order to purchase property.
Freehold ownership allows expatriate residents and foreigners to purchase, register, and own property in designated areas in their own name and be granted fully-transferable property rights. This is in contrast to earlier regulations that allowed leasehold ownership – wherein expatriates could rent or own property on a for a period of 99 years, but not maintain full property rights or transfer ability.
No. At this time, Dubai does not assess personal, withholding, or capital gains taxes
There is fundamentally no difference in buying a home in Dubai, compared with most other long-established property markets.
• World-Class Infrastructure
• Development of a legal and regulatory environment which is business-friendly
• Establishment as a hub for global events
• Real Estate finance continued to be available for qualifying projects/developers.
• The emergence of non-banking finance companies as alternate sources of finance for developers
• With an aim to reduce the costs of materials and labour used for construction, by 2025, Dubai plans to have all new buildings 25% 3D printed
• The Dubai Land Department has taken steps to adopt the blockchain technology within its electronic real estate platform for purchases, mortgages, and property management
• The rental income can be a lifelong secondary income option.
• Your portfolio gets diversified by investing in real estate since it is not linked to market performance and works in tandem with inflation (when inflation rises, the prices of property and rent rises too).
• This investment can be financed, and the rental income can be used to pay the instalments. As time goes by and loans, if any, gets cleared, you benefit from the increased property value.
• You have better cash flow.
• In emergencies, you have an asset which can be used as a collateral for quick and cheap loans.
YHA Nordic website leads you to the best offers that matches your requirements and budget for free by your side. When you wish to buy a property you buy directly from the developer and you pay directly to the developer’s account.
YHA (Your House Abroad), is a dedicated website to help the clients knowing more about the targeted locations all over the world to buy their out of the country houses
Grow Your Business
And expand to the world, YHA Nordic helps businessmen and entrepreneurs approach the promising markets of the MENA region (the Middle East and North Africa including the rich Arab Gulf region). All you need is to fill in your information in CONTACT US FOR HELP.
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