Dubai is a Vibrant and influential city. Dubai's magnificent infrastructure has already established it as a critical player in terms of tourism, trade and has attracted a lot of foreigners across the world.
Dubai is a thriving option for businesses in Dubai. As for the race in the Gulf States for the skyscraper structures, Dubai is the front-runner. If you want to setup business in Dubai it can reap profit for you.
There are Benefits of Starting a Real Estate Business in Dubai.
The following are the reasons for starting a real estate business in Dubai, which can help you to reap a profit.
Dubai has a consistent Growing Economy
When you are investing your money in the field of real estate and especially in overseas property. You are not only investing in that specific piece of house or land. You are investing in the country's economy as well. One of the important things to consider while buying a property anywhere in the world is to find the economic growth of that region and if the graph of economic growth has been high in recent years. Perhaps you should not be reluctant to invest your money.
One of the most significant benefits of buying property in Dubai in that the economy of this creative city has been growing at a good pace.
Consistently Growing Population
Dubai is a cosmopolitan city where people come from more than two hundred countries and settle down. Hence, the population of the city is escalating with days passing by.
One of the most significant benefits of buying property in Dubai is that people from all over the world are coming to Dubai for a better business and career opportunities.
Constant Development and Innovation
Dubai is known to be the smartest city in the world. There is always something about Dubai and is one of the most significant benefits of buying property in Dubai as well. A town where some innovation is still taking place and is initiated by the government of Dubai and is the best decision of your life.
The sense of security Dubai has is impressive. This is one of the reasons why we find it reliable to come to Dubai and start their new lives. While many other countries in the middle east region have gone through and still going through their fair share of political disturbance, Dubai secures the place of the most stable city in the MENA region.
No Property tax
In Dubai, there is no property tax, which indicates the fact that once you have bought the property and have paid the registration fee to Dubai Land Department, there is no other government tax that is to be paid against your property at all.
This no tax policy of Dubai attracts a lot of investors and business to start a business in Dubai.
High Rental Return
The rental return in Dubai is not less than 5.82%, and that makes Dubai one of the best destinations around the globe for property investors. So, if you want to set up a real estate business in Dubai, always keep it in mind about the higher rental income that the real estate investment will generate in the Emirates of Dubai.
UAE Property Visa
The most significant benefit of buying property in Dubai that you can enjoy is that you can become eligible to obtain a resident visa based on the property purchase in Dubai. There is a specific requirement which you need to match though. The value of the property should be at least one million AED, there should be a mortgage against your property, and it should be completely habitable.
Here in Commitbiz, we help you set up your business in an effortless way with no hustle. We not only help you with the documentation but also with the whole process. Our experts are well versed and will take care of every one of your requirements. If you want to set up a real estate business in Dubai, do contact us. We would be happy to assist you. All the steps starting from licenses to the final set up finishing will be taken care of by us.