Dubai real estate

This cannot be narrowed down to one particular factor. A plethora of factors exist namely:

  1. a) The liberalization of the real estate sector – ex-pats can now own property
    b) High tax-free yields on freehold property rental
    c) Globalization and its effects on property prices in metropolitan cities worldwide
    d) Favorable interest rate environment
    e) Mortgages & homeowner finance available
    f) Granting of “permanent” residency upon purchase of freehold properties
    g) Great Value – Real estate land & apartment valuations are cheap compared to international prices
    h) Conducive lifestyle: safe, tax haven, secondary and tertiary home for international buyers
    i) Dubai’s robust economic growth p.a.(GDP)
    j) Dubai’s robust population growth p.a.
    k) Large mid-income population bracket with high disposable income
    l) Dubai is the regional entrepôt & tourism center
    m) UAE is an open, welcoming & tolerant state with investor-friendly business policies