Advantages of Property Investment in Dubai
August 18, 2011 | 
Author One of the reasons why Dubai continues to grow and thrive is that it is such an amazing tourist destination for the majority of European travellers. The impressive five year plan for growth and development initiated by the Dubai government makes Dubai quite attractive to investors worldwide. At the same time financing in a foreign country can be tricky at times. But Dubai is a good arena to seek financing because of the foresight of the Vice President and Prime Minister of Dubai, His Highness Sheik Mohammed Bin Rashid Al Maktoum in creating a secure financial law that protects both borrower and lender from all sorts of malevolence.
Investors who wish to invest in Dubai should choose well-backed planned properties that go along with the government’s scheme for mass development and beautification of the city to off plan properties that provide a more affordable means of entering the real estate market in Dubai. Applying for financing on Dubai properties can be done directly through their infrastructure for quick, easy and secure transactions that will get you into the action in the most competent manner possible.
One of the most important advantages of financing Dubai property is that investors are never subjected to some of the hidden fees that often complicate real estate transactions in other parts of the world. Moreover tax advantages are incredible when financing Dubai property as there are no taxes on capital gain or income taxes assessed on residential or commercial rental properties in the UAE.
The most important reason is to invest in Dubai is financial security. At a time when real estate, housing, and mortgages have lost their overall future value that they once held, this is the one spot in the world where owning land remains a secure and clever investment.
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Landvest Limited is an official European partner of Dubai Properties as well as a representative of a host of other Dubai Real Estate Developers. Landvest Dubai specialise in the promotion of Real Estate Investment and Luxury Home Opportunities in the UAE. |
Posted in Mortgage
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