Why Invest in Dubai
If you are looking to invest in Dubai Property or Real Estate below are a number of reasons why the City is one of the most happening places on the planet right now. An investment in an apartment or villa is a big decision and one you cannot afford to take lightly here are some reasons below to give you peace of mind.
Why Invest in Dubai Property?
The Most Pro Business Attitude
With economic clusters including technology and internet hub, media hub, finance hub and healthcare hub, Dubai offers a robust selection of industries.
Dubai believes that “if its good for business, its good for Dubai”
The government has also set up Sophisticated fast - track business initiatives to further make life easier for those looking to invest in Dubai(business set up in 20 minutes in free zones)
139 of the G500 MNC`s in Dubai, 9 out of top 10 present in Dubai
World class free zones
The Best Regulatory Environment
No Corporate Tax
No Income Tax
100% Ownership in Free Zones
No foreign exchange controls, trade barriers or quotas
No restrictions on capital repatriation
Strong investor incentives and protections
Easy access to key decision makers
Relatively Low Cost Work Environment
Access to low cost regional talent
State of the art telecommunications
Competitive energy costs
Competitive real estate costs
Competitive import duties (4% with many exemptions)
Less expensive than Singapore, Hong Kong, Cairo and Bahrain
The Best Connected Location in the Region
Ultra modern airport handling 13.5 million visitors in 2001 connecting to over 140 destinations, and a second airport in Jebel Ali on the way!
Emirates Airlines consistently ranks among top 5 airlines in world
Over 630,000 tons of air cargo handled in 2001
125 shipping lines with 47 million tons of cargo visited Dubai’s world class ports in 2001
Consistently Strong Economic Outlook
GDP/Capita over $20,000 among highest in the year
10 year GDP Growth 8%
Diversified economy - oil only contributes 10% to GDP
Stable currency – pegged to US$ at AED3.67:US$
Very low inflation (less than 2.5% from 1991 – 2000)
Non-Oil GDP growth of 9.6% per annum from 1990 – 2000
Very low unemployment with only 1.7% of active population unemployed
Easy Access to Regional Markets
Total region population of 1.8 billion ($1.5 trillion of combined GDP)
Access to huge talent pool of 13.8 million skilled degreed candidates
World-class land, sea, air cargo infrastructure
Strong Foreign Trade
Third most important re-export center in the world (after Hong Kong and Singapore)
Ongoing effort to become a member of WTO
Trade makes 16.4% of GDP compared to 14.5% for Singapore
9.2% growth in non-oil trade between 1989 and 1999
Thriving Tourist Destination
11.6% of Dubai GDP invested in tourism
Hotels rank amongst the best in the world
Over 2.8 million tourists visited Dubai in 2000
A huge selection of world class restaurants, beaches and tourist attractions
Internationally renowned sports facilities including golf, tennis, water sports, horse riding, dune driving and sand skiing which are only set to improve with the opening of Dubai Sports City.
Cosmopolitan Work Environment
Over 185 nationalities
Expatriates comprise of more than 75% of the UAE population
Strong work ethic
World-class international schools
Excellent facilities for leisure, sports shopping and healthcare
Progressive, tolerant and multicultural society
Island of Calm in a Turbulent Region
Stable economy with relatively low volatility
Continuous political stability since its inception in 1971
Ranked 23rd in 2002 Index of Economic Freedoms
Why Invest in Dubai Property?
- Sunshine everyday and great climate for the majority of the year.
- Both personal and business tax-free environment
- Still one of the safest cities around the globe
- Cosmopolitan community
- One of the world's highest standards of living
- Low inflation
- Some of the most attractive real estate in the world
- Low cost of living
- Stable currency
- Peaceful co-existence of ethnic groups
- Dubai Means Business
The Most Pro Business Attitude
With economic clusters including technology and internet hub, media hub, finance hub and healthcare hub, Dubai offers a robust selection of industries.
Dubai believes that “if its good for business, its good for Dubai”
The government has also set up Sophisticated fast - track business initiatives to further make life easier for those looking to invest in Dubai(business set up in 20 minutes in free zones)
139 of the G500 MNC`s in Dubai, 9 out of top 10 present in Dubai
World class free zones
The Best Regulatory Environment
No Corporate Tax
No Income Tax
100% Ownership in Free Zones
No foreign exchange controls, trade barriers or quotas
No restrictions on capital repatriation
Strong investor incentives and protections
Easy access to key decision makers
Relatively Low Cost Work Environment
Access to low cost regional talent
State of the art telecommunications
Competitive energy costs
Competitive real estate costs
Competitive import duties (4% with many exemptions)
Less expensive than Singapore, Hong Kong, Cairo and Bahrain
The Best Connected Location in the Region
Ultra modern airport handling 13.5 million visitors in 2001 connecting to over 140 destinations, and a second airport in Jebel Ali on the way!
Emirates Airlines consistently ranks among top 5 airlines in world
Over 630,000 tons of air cargo handled in 2001
125 shipping lines with 47 million tons of cargo visited Dubai’s world class ports in 2001
Consistently Strong Economic Outlook
GDP/Capita over $20,000 among highest in the year
10 year GDP Growth 8%
Diversified economy - oil only contributes 10% to GDP
Stable currency – pegged to US$ at AED3.67:US$
Very low inflation (less than 2.5% from 1991 – 2000)
Non-Oil GDP growth of 9.6% per annum from 1990 – 2000
Very low unemployment with only 1.7% of active population unemployed
Easy Access to Regional Markets
Total region population of 1.8 billion ($1.5 trillion of combined GDP)
Access to huge talent pool of 13.8 million skilled degreed candidates
World-class land, sea, air cargo infrastructure
Strong Foreign Trade
Third most important re-export center in the world (after Hong Kong and Singapore)
Ongoing effort to become a member of WTO
Trade makes 16.4% of GDP compared to 14.5% for Singapore
9.2% growth in non-oil trade between 1989 and 1999
Thriving Tourist Destination
11.6% of Dubai GDP invested in tourism
Hotels rank amongst the best in the world
Over 2.8 million tourists visited Dubai in 2000
A huge selection of world class restaurants, beaches and tourist attractions
Internationally renowned sports facilities including golf, tennis, water sports, horse riding, dune driving and sand skiing which are only set to improve with the opening of Dubai Sports City.
Cosmopolitan Work Environment
Over 185 nationalities
Expatriates comprise of more than 75% of the UAE population
Strong work ethic
World-class international schools
Excellent facilities for leisure, sports shopping and healthcare
Progressive, tolerant and multicultural society
Island of Calm in a Turbulent Region
Stable economy with relatively low volatility
Continuous political stability since its inception in 1971
Ranked 23rd in 2002 Index of Economic Freedoms