
Why Dubai?
Already an oil rich nation, Dubai's strategic location between the Far East and Europe, in the heart of one of the world's richest regions has also been a key element in its success. Traditionally the trading hub of the region, Dubai, has become as a property investor's dream. The best options to buy research paper Assistance.
There are a number of reasons why this is so. Dubai's foresight to invest oil revenues into its infrastructure has created a surge in foreign business investment encouraging professionals and skilled labour into the region. Dubai's vision to turn itself into the world's premier destination has spearheaded the investment on some of the most remarkable projects in the world, namely: On
- The Palm islands - Palm Jumeirah, Palm Jebel Ali and Palm Deira
- The World - a series of 200 man made private islands that represent the world atlas from space
- The world's tallest building, Burj Dubai
- The world's largest mall Dubai Mall
- The world's largest theme park, Dubai Land
- An Indoor ski resort
- The world's first and only underwater hotel, Hydropolis.
In addition events in May 2002 changed the property scene in Dubai drastically as for the first time ever the Dubai Government allowed foreign nationals to purchase property on a freehold basis. Around 75% of the Dubai population are expatriates and until now non-Emirati nationals had to rent their homes. The increase in population, tourism, foreign business investment, and rising rental costs has caused the real estate market to boom. Demand for homes is far exceeding supply.
There are many other excellent reasons to invest in Dubai property including:
- Property is relatively cheap when compared to other major cities
- Straightforward process of buying, selling, leasing or renting properties
- Open-minded and business-oriented local authorities, no red tape
- Superb quality of life
- an open and tax free society
- ultra-modern infrastructure
- Political stability
- Security - a virtual crime-free environment
Now is the time to invest in Dubai property whilst the property boom is still in its infancy.
Your Dubai Home will take you through every step of way on the road to owning your very own Dubai property.
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