Advantages of owning real estate in Dubai. Of course, Dubai is one of the best places where we can own a property.
For several reasons, first a successful investment in terms of returns. You can make a profit of 9%. As a net income for you after deducting all expenses on the value of the property, you can achieve nine percent.
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Imagine you have a million dirhams. And you bought a property in Dubai for a million dirhams, and a million dirhams came back to you, and you still have the property you bought.
The second advantage of Dubai is a tourist area. You're in Dubai. All countries of the world buy influential people in Europe and tend to invest in real estate in Dubai, especially in recent years
The advantage is the third vital area in economic terms. I mean, if you invest in places where companies are based or vacation homes, you will find that you have a huge appetite from the point of view of tourists, they are a global face, and therefore it is a successful investment.
A very nice feature is that if you buy a property for one million dirhams you can get an investor visa and residence permit, you will only get a residence permit by owning a property in Dubai for the amount of one million dirhams for you. You can obtain a residence permit for your children and spouse with the same visa.
One of the most important advantages. Buying a property in Dubai is a very important advantage over escrow. The thing that scares someone who buys property under construction in all countries of the world means that you pay the price of the property to the developer and he does not complete the construction process, but in Dubai, it is completely different from investing in real estate like other countries of the world.
Escrow means a developer who cannot withdraw money until half of the property is built. This is one of the most important features of investing in real estate in Dubai