Dubai is considered one of the fastest developing cities in the world as it attracts not only tourists and working professionals but also individuals looking for residential and commercial units to invest in. It is also important to understand that the emirate offers some of the best indicators for ROI in residential apartments, at a stable level from 5% to 8% per annum. In addition, depending on the size or value of the investment, international buyers can obtain investor visas for a period of 3, 5 or 10 years. All of these types of visas include the possibility of family sponsorship and can be extended countless times.
It is worth noting that the World Expo 2020 has had a significant impact on the Dubai real estate market and led to an increase in interest in the Emirates among foreigners, especially novice investors. In turn, the Central Bank of the UAE has reduced the ratio of credit to the value of the real estate to 20% for those who are buying housing for the first time. According to the Dubai 2040 Urban Master Plan, the built-up areas of the emirate will continue to develop and improve the image of Dubai. This means that real estate in Dubai will always be in demand, and now is the perfect time to invest.
Considering the option of buying apartments in Dubai, it is worth paying attention to such popular areas as Downtown Dubai, Business Bay, Dubai Marina
If you are considering the option of buying an apartment in Dubai, it is worth paying attention to popular areas in the city, such as Downtown Dubai, Business Bay, Dubai Marina and Dubai Creek Harbour.
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