Dubai is one of the biggest real estate markets in the world. With a transaction count of nearly 100,000 and a size of 259 Billion, Dubai offers a plethora of opportunities for real estate developers across the world. Indian developers have a number of advantages that they can undoubtedly invest in Dubai Real Estate. Here are some of the reasons why it is more beneficial for an Indian investor to buy real estate in Dubai.
High rental yield – Dubai guarantees a greater level of ROI. As compared to global rental yields, the cost of the purchase in Dubai is low while it generates High rental yields. Dubai has a rental yield of 5-7%, while India has a rental yield of 2-3%.
Tax-free income – UAE is considered a tax-free investment country. You won’t be bothered by annual property taxes, income taxes, capital gains taxes, rental revenue taxes, or Value Added Taxes if you invest in real estate in Dubai.
Ease of doing business – Dubai, has established itself as the major business hub in the Middle East because of its massive infrastructure. It has a skilled labour force from different parts of the world as an asset and 20000 international companies.
Capital Appreciation – Currency can be subjected to depreciation, hence Dirham is linked to the dollar. It is not affected by fluctuations in currency.
Minimal Legalities – In Dubai, one window clearance for legal formalities is followed. No legal restrictions in investing huge amounts or bulk purchases.However, in India, 58 approvals are needed to register land and the source of the income is need to be shown.
Bizmaker Real estate is a Process-driven Real-estate broking company providing end-to-end holistic real estate solutions in UAE. “We work closely with our clients and focus on providing maximum sustainable benefits for our clients” says the Managing Director, Mr. Shebeer Ismail. . The team has expertise in residential, commercial, offplan projects to, assist prospective investors, with holistic solutions.
Duis mollis et sem sed sollicitudin. Donec non odio neque. Aliquam hendrerit sollicitudin purus, quis rutrum mi accumsan nec.
