In recent quarters Dubai’s market has seen an elevation in price along with other top metropolitan cities across the Globe. Even though a few investors and analysts feel it is Exibiting-bublle characteristics, contrarily we feel it is priced fairly and in accordance with increasing oil prices, as well as a significant boost in immigration levels last year.
According to the UBS Global Real Estate in 2022, a yearly study shows; Toronto and Frankfurt
have significant imbalances in their market with prices out of sync with rising interest rates. Risks are also elevated in Zunich, Hong Kong, Vancouver, Amsterdam, Tel Aviv, and Tokyo. Whereas in the very same study of 25 major cities, only four ranks in the ‘fair- value ‘ category, and one of them is Dubai.
Dubai’s real estate market has a plethora of options to offer, you can purchase a studio for a little more than 1000,000 USD or a luxurious villa or apartment for several million dollars. Resident or not the benefits are significant and in favour of an investor like tax benefits, curated payment terms, low mortgage rates, golden/investor visas, and high ROI to name a few. The price rise is due to interest demonstrated by international buyers during the 1st quarter of 2022 only, real estate has risen in price, and the average cost of 1 square meter reached $6000.
This is 7.5% more in annual calculus.
Starting a business; Real estate, Cargo, Tourism, General Trading, Foodstuff, Restaurant, contracting, Technical, Cleaning Service, Oil Trading, etc. Each business has a different growth aspect with high profit value, for each platform offers a variety of opportunities in its respected fields. For being highly educated in the supply of human capital with diverse professional experience hailing from all corners of the Globe.
Some of the top locations to buy in Dubai where the investors can fetch the highest possible:
1. Palm Jumeirah
2. Blue Waters Island
3. Dubai Marina
4. Downtown
5. Business bay
Noor Al Sahab is always ready to provide you the license of your own choice with affordable rates which even rivals other markets. So why wait let us help you to start your journey.