UAE - a Dream Destination for Investments in Real Estate

By: Rohit Chopra

The opportunities in real estate are mounting very fast, with almost one-third of the cranes on the earth at present being used to build properties in UAE. This explains the bizarre architectural progress and the breathtaking designs there. It is internationally renowned and is well-known as the fastest mounting economy with a growth of more than 13%, chiefly in the Real Estate trade. Due to this rise, a lot of foreign investors are heading towards UAE.

There are many reasons behind the sudden surge in the . The proficient personnel from all over the planet contributes in the development of the country which results in the overall appreciation of the properties in Dubai. Another factor supporting the real estate investments in UAE is the tax free environment. Though it is surprising, but no taxes are imposed on the property and income dealings in Dubai.

The property laws in UAE allow the freehold possession of land by any non-residents without much of paper works as a sales agreement. The politically stable and neutral atmosphere in Dubai attracts more and more of investors mounting the price of the real estate. The existence of a large number of multinational corporate in UAE has significantly amplified the demand for the commercial properties. This in turn has augmented the monthly rentals as well as the property prices.

Taking in notice all the cited aspects no one can doubt about Dubai becoming a dream destination for the real estate. UAE is also very eminent for its human made marvels. These are unquestionably the finest in the world. UAE maintains to set innovative records for its magnificent buildings, carrying it to the top and making it the most privileged real estate place in the world.

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