Impressively, Dubai has successfully attracted significant attention from international investors, with non-resident investors accounting for 42% of new investors. This indicates that Dubai, as a real estate investment hotspot, is gradually gaining trust and favor from global investors.
In February 2024, the Dubai real estate market continued its strong growth trend, with transaction volumes increasing by over 27% year-on-year and transaction values significantly rising. This further solidified the market's position in the minds of investors, attracting more investors to enter the Dubai real estate market.
Despite rising property prices, more and more clients are choosing to invest in Dubai real estate. Investors typically seek high returns, and their choice to invest in Dubai underscores one viewpoint - that now is the golden moment for investing in Dubai real estate!
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With its robust economic strength and diversified industries such as tourism, finance, and trade, Dubai has become a popular destination for property investment. The city government's rapid urban development initiatives and investor-friendly policies have boosted market confidence, creating a stable and favorable investment environment for potential investors. Holding property in Dubai is equivalent to holding assets in US dollars, further enhancing the market's attractiveness.
Dubai's property prices are relatively competitive, with prices of $750 per square foot being more attractive compared to other major cities. Purchasing property for the same amount allows for a relatively larger property area, making it appealing to investors seeking high returns domestically and internationally. Despite continuously rising property prices, Dubai's real estate market is still dubbed the "value-for-money king."
Furthermore, Dubai offers impressive rental yields, currently reaching an astonishing 4.8%, surpassing the average total yield of prime properties globally, providing investors with lucrative returns on rental properties. The overall investment return rate is also quite substantial, attracting more attention from investors.
Unlike other international cities, Dubai offers tax-free policies for investors, significantly reducing investment costs and increasing investment returns. Investors need not worry about tax issues and can fully enjoy all the returns from property appreciation.
Finally, purchasing properties worth a certain value qualifies for investment visas, further piquing investor interest. For the Dubai real estate market, the future is full of more opportunities and potential, attracting the attention of global investors.
