Dubai: The fast-growing city set to attract 23M visitors by 2022 and seduce real estate investors
Dubai is a fast-growing city, attracting more than 23 million visitors by 2022 thanks to its entertainment, lively nightlife, numerous tourist attractions and modern modern infrastructure. Many real estate investors are attracted to Dubai. For its high rental yields and absence of property taxes. It offers an ideal setting for Resort investment The average hotel occupancy rate is around 80%.
The advantages of investing in Dubai :
- Standard of living: Dubai is a world-class business center with all the infrastructure. expected. But it’s not all skyscrapers and shopping malls. activities such as sailing, windsurfing, snowboarding, diving, fishing, cycling, skiing and golf.
- Sunshine: One of Dubai’s many advantages is its weather, with over 300 days of sunshine a year. residents to make the most of their day by going to the seaside, going for a walk or doing some activities all year round.
- Stability: Dubai is recognized as a major financial and commercial center, attracting professionals and company from all over the world. These factors ensure a steady demand for rental properties and a favorable long-term outlook. Dubai’s thriving economy and political stability are major attractions for investors.
- Tourist appeal: Dubai welcomes a huge number of visitors, so there’s a great demand for rentals. This makes investing in a second home very attractive. By renting it out when you’re not using it, you can generate passive income.
- Rental opportunities: Dubai attracts a large number of tourists all year round, which creates a demand for rentals. So it’s possible to rent out your property when you’re not using it.
The aim of investing in a second home is to use it as a vacation property or to rent it out to generate income. rent it out to generate income. But to make the most of your investment, you need to choose wisely:
- Location: When it comes to investment, there are certain preferred neighborhoods, including the best ones. Serviced with quick access to amenities. Dubai Marina is close to the beach and has access to all its amenities. It’s one of the most. with a privileged location. Downtown is located in the heart of the city and is a lively district with a large shopping mall. shopping mall, restaurants, an artificial lake, fountains and the famous Burj Khalifa. Palm Jumeirah is a place for people who want more peace and quiet, with a beautiful setting and a breathtaking view over the water, while remaining close to Dubai’s main attractions. It remains a good choice. These three locations are the most attractive for second-home investment.
- Type of property : You can invest in an apartment or a house. Serviced apartments Called “serviced apartments”, the advantage of this type of residence is that it can offer integrated management, hotel services and the possibility of renting in the owner’s absence.
- Choosing the right professional They’ll help you with everything from obtaining a loan, to obtaining a investment-related visa or transferring property. Choosing the right professional will help you make your second-home project a reality.
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