Benefits of Investing in Real Estate in Dubai
Buying real estate for property investment in Dubai is definitely worth it. This tax- free income and low mortgage registration fee are among the reasons to buy property in Dubai for residential and investment purposes. Dubai remains one of the leading cities to visit and live.
The benefits of investing in real estate in Dubai includes passive income, steady cash flow, tax benefits, diversification and leverage. Real estate investments Trust (REITs) offers way to invest in real estate
Due to absence of property tax, investing in a real estate in Dubai can generate a high return on investment. Offering the highest return on investment in real estate, you can expect returns of over 6% with double digits in prime neighborhoods.
Although the market has slowed in the last year or two, Dubai real estate is still generating good returns. Yields in excess of 6% are not uncommon here, making Dubai’s real estate market more lucrative than many other popular cities.
In real estate market, there is a good career as a real estate broker or real estate agent. With agents and brokers facilitating millions of transactions, architects and developers designing world renowned structures and project after project, real estate is one of the most lucrative career fields in the UAE
In Dubai the average return on investment in real estate in Dubai is in high range of 5% and 8.4%, but some areas of this cosmopolitan city consistently offer investors even higher returns