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By: jennyhicks
Capital Appreciation Dubai properties have risen by more than 20% in the past 2 years – Dubai property is still set to see estimated growth in excess of 12% per annum Tax Free No Capital Gains Tax, No Income Tax or Inheritance Tax Dubai Property Prices Dubai properties are still far cheaper than most major cities – if you could invest in London Docklands 10 years ago would you? Yes Demand vs Supply 85,000 Dubai Properties are being built per year – 52,000 Residency permits are applied for every month! The supply of Dubai properties is not expected to meet the demand for years to come. Dubai property Rental Rates Rental rates in Dubai have increased vastly year on year with increases between 20% - 40% in the last 2 years alone Tourism The increase in tourism is clear for everyone to see 1.9 Million Visitors in 2000 5.4 Million Visitors in 2005 15 Million Visitors expected by 2010 Dubai will be a Worldwide destination Dubai is creating a destination with something for everyone – From beautiful beaches, largest shopping malls in the world to the spectacular Dubailand development, 3 times the size of Disney World in Florida and much much more… Attractive Exchange Rate The UAE Dirham is pegged to the US Dollar Dubai’s Business District Dubai is the business hub of the Middle East, with a 24 hour stock exchange and Business Bay under way, Dubai’s Manhattan! Offering prime commercial & residential investment opportunities And then to top it off of course, year round sunshine and a cosmopolitan lifestyle with an array of entertainment options to suit every taste. Frequently Asked Questions on Purchasing Dubai Property Can I purchase a property in Dubai? Anyone can purchase a property in Dubai. In 2002 H.H. General Sheikh Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and U.A.E Defence Minister, announced freehold ownership was now available to all nationalities Worldwide. Can I get residency in Dubai if I purchase a Dubai property? Freehold property owners in Dubai and their family have the right to apply for a resident visa in accordance with the latest immigration regulations. What extra fees do I have to pay on top of the purchase price ie, tax? There are no property taxes to pay in Dubai as Dubai is a tax free country. Therefore the price you see on a pricelist is the total property price for new Dubai property. How do I pay for a Dubai Property? All Dubai Properties are purchased in UAE Dirhams, at Find Me A Property In Dubai we will assist you in this process. We advise you open an account with a foreign exchange company, this way you secure the best possible exchange rate. Can I get finance in Dubai to purchase Dubai Property? Yes. Finance is available from 50% up to 70% for non residents. However this process and application is specific to each individual development. Speak to a member of our team for more information concerning finance for Dubai properties. What is the weather like in Dubai? Dubai enjoys all year round sunshine! Where is Dubai located? Dubai is located in the Middle East and is the second largest of the seven Emirates which make up the United Arab Emirates.
Find me a property in Dubai offer Dubai property and Dubai properties for sale at many exciting developments including Dubai Sports City.
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