5 Benefits of Investing in Property in Dubai
1. Consistently Growing Population:
Dubai is a cosmopolitan city where people from more than 200 different countries are residing hence the population of the city is increasing day by day. One of the biggest benefits of buying property in Dubai is that people from all over the world are coming here in search of better career and business opportunities. As per the World Population Review, Dubai’s population is increasing at a rate of 10.7% Year on Year. This makes Dubai, one of the fastest-growing cities in the world. The growth of population in Dubai is phenomenal. From 2008 to 2019, there has been an 86% increase in population.
2. Ministry of Happiness:
Yes, we have a minister of happiness in Dubai. The Government of Dubai is always working towards making the lives of its residents better and keeps them happy. Earlier this year, a new ministry for happiness has been added to UAE’s cabinet. The main responsibility of this ministry will be to measure the happiness level of Dubai’s residents and take such actions which will enhance the lifestyle of people living in the emirates along with making them happier than ever. With such innovation and dedication towards the general public, one can only imagine how much your Property Investment will flourish in the coming years in Dubai.
- Security:
Among all the benefits of buying property in Dubai, one is the sense of security that residents of Dubai enjoy. Security is one of the most important reasons why people find it reliable to come here in Dubai and start their new lives. While many countries in the middle east region have gone through and still going through their fair share of political disturbance, Dubai remains the most stable city in the MENA region. As we know, Dubai Police because they are prompt, helpful and drive luxury cars as well. Theft or robbery is something which is unheard of in Dubai and this can be considered as the best of benefits of buying property in Dubai. Well, as per the latest survey conducted in the UAE, more than 98% of residents feel secure living and working in the country. Also, Sheikh Mohammed has issued new laws on Dubai’s RERA which is to create a safe environment for real estate projects where the rights of investors and developers are protected.
- UAE- Property Visa:
The biggest benefits of buying property in Dubai that you can enjoy are that you can become eligible to get a resident visa based on your property purchase in Dubai. There are certain requirements which you need to match though. For example; the value of your property should be at least AED 1 million, there should be no mortgage against your property and it should be completely habitable. You will have to approach Dubai Land Department to get your investor visa against your purchase of property in Dubai You can get all the information on advantages of buying an off-plan property through an agent from the blog.
- Variety of Options:
When it comes to investing in Dubai’s Off-Plan market and enjoying the benefits of buying property in Dubai, there is a variety of options available to choose from. If your plan is to invest in a residential property, you can either buy an apartment or a villa. Offplandeal.com is a platform where you can get detailed information and guidance on all the latest off-plan properties in Dubai. This platform offers you all the latest off-plan properties in Dubai as soon as the developers announce it.
