Dubai Property:

Since 2002 Dubai has seen a total revolution in the property market sector. Dubai almost bears no resemblance to the Emirate it once was. Dubai has become the shinning star of the Middle East with other Emirates such as Abu Dhabi and Ajman keen to follow suite. But why is it that Dubai has become such a property hotspot and why is buying Dubai property going to remain an excellent investment for years to come?
There are many reasons why Dubai will remain the capital for property investments and we have provided our top 10 reasons below.

10 Reason why its a very good investment to buy property in Dubai:

1. Dubai property has very low purchase taxes; unlike countries such as Spain where purchasers can expect to pay 10% above the purchase price to cover stamp duty, notary fees etc, buying property in Dubai does not require any additional costs other than to the Dubai Lands authority of up to a maximum of 1.5% of the purchase price at the time of completion.
2. Dubai property attracts no capital gains tax when sold (capital gains taxes are taken out from the sale proceeds automatically in other countries such as Spain)
   
3. Dubai property attracts no income taxes if you rental out your property (again in other countries income tax on rental yields can be very high).
   
4. Dubai is becoming a major tourism destination. Since 2002 Dubai has achieved almost 100% growth year on year in tourism and by 2010 it is expected to attract 12M visitors per year.
   
5. Dubai's population growth is also expanding at considerable rate. Some 292,000 more people have become Dubai residents in just one year as the emirate's population increased to 1.422 million in 2006 from 1.130 million in 2005. This means that 24,333 people were added to Dubai's population every month, 800 daily and around 33 every hour during 2006.
   
6. Dubai's sustainability in population and tourism growth is expected to continue for many years to come. Demand for property remains at an all time high and there is a predicted shortfall in the number of properties available against the number of properties being supplied up to the year 2010 (and possibly beyond).
   
7. Due to very agreeable taxation rules for companies setting up offices in Dubai (corporation tax exclusion for the first 50 years), many large organisations are locating to Dubai and enjoying the new impressive business areas such Business Bay. Obviously, as the business community grows, demand for luxury accommodation also increases.
   
8. Dubai sits between 3 large continents; Europe, Asia and Africa. The demand for Dubai's new facilities such as Dubailand, Sports City etc will be be huge. As an indication of Dubai's future demand, there is a new Dubai airport being constructed in Jebel Ali to be open in 2008 that will have a requirement for itself and its contributors of an additional 600,000 workers.
   
9. The new freehold law in Dubai passed in 2006 allowing non nationals to purchase free hold property in Dubai has made the dubai property market a lot more stable and as such banks will surely provide more competitive mortgage products for purchasers in the years to come.
   
10. Last but not least...Dubai is working! as an investment, the Dubai property market is a huge success. Prices are increases by a much as 25% per annum and rental yields also also out performing all other countries with yields of 10% and more being easily achieved.

Its Not too Late to get Involved:

Its not too late to get involved however, you have not missed the boat, we have new and exciting projects coming up all the time. Take a look at some of the amazing property we have available for sale we have listed all around our website and contact us today to see how easy it is to become a successful property investor in this incredible city!

Dubai Property | Property in Dubai:

Dubai property market has seen a 40% increase in the rental price against the property for rent in Dubai during the first six months of 2005. This factor has significantly intensified the Dubai property market. With the continued boom in industry sectors such as tourism industry and Dubai Property industry...
Dubai has fast become the center of attraction for millions of people and business men around the globe.

This has contributed to the property boom and many of these individuals are considering investment in Dubai property. Secondly, the cost of Dubai property relative to international standards is still very low and as a result the chance of a large capital appreciation increase is very high.
Many investors are turning to invest in Dubai property market to take home their share of benefits that Dubai property market has on offer for its investors.

All one needs is the careful survey of Dubai property market. Dubai property why some say...
No Property in Dubai is expanding so quickly and at such large volumes some investors are worried that Dubai may have an over supply of real estate soon. As the development and appreciation of investment real estate in Dubai keeps increasing it will inevitably result in the US and UK sourced money that will reach via expatriates from those countries thinking about an investment in Dubai property.

Investment in Dubai property has today become a very attractive and profitable option.
There is a lot of profit on offer in Dubai property market if you can play your cards well. This means that any investment in Dubai property is a chance to rapidly increase capital appreciation by a big margin.

Increased tourism and a growing expat population will meet the demand that investors need to benefit from their Dubai property. According to (leading press release website about Middle East)
a massive investment of USD 4 billion has been committed in the Dubai property market since the passing of new laws for property in Dubai.
One of the best forms of investment in Dubai property right now is single room apartments.

Spending some time considering whether you want to investment in Dubai property may be worthwhile when considering the potential benefits involved. All of a sudden, Dubai property market converted from an average local market into a full of activity international market.
Considering the bullish state of the real estate market, any investment in Dubai property over the next few months or years will yield excellent results.

According to many real estate experts, this is the best time to invest in Dubai property market as prices are set to see more heights during the upcoming years with ever increasing property demands.