Three Main Benefits Of Investing In Dubai
Safety and Stability
The UAE in general is considered one of the safest and most stable countries in the world, Dubai in particular is considered a safest city at the highest level with one of the most high quality legal and governance system, Dubai enjoys a thriving economy that has flourished over the years whitch make it a destination for millions of tourists every year and a safe place for investments.
No Taxation
Uae real estate tax rates are very favorable, Uae does not impose personal taxes, no income taxes, no capital gains taxes.
Taxes imposed on real estate transactions are vary from country to country in the UAE, as for Dubai the only tax the only direct tax on a real estate purchase is a 4% charge levied at time of sale, based on the value of the transaction.
Also you should aware of that in Dubai there is a rental tax of 5% of the income if it is a private property and 10% of the income if it is a commercial property.
High Returns
Real estate returns in Dubai are among the highest in the world and reach 7% on average, experts predict that in the future there will be an increase in value for real estate investments in Dubai and an increase in the annual return thanks to reforms promoted by the Dubai business and real estate market.
