Dubai is among the best performing and most important property hotspots worldwide. The emirate is one of the most significant business and tourist locations in the world with no income and property tax and high rents. Over the last few years, Dubai has grown into a dominant hub for trade and according to the statistics, today most of the world’s biggest companies have located their offices in the city.
Property in Dubai is one of the strongest real estate markets, having seen growth of over 25% in 2013. The growth of property market in Dubai makes buy, sell or rent property in Dubai a very reasonable and smart investment. Houses in Dubai for sale are each day attracting the attention of more and more local and foreign investors.
Why invest in houses for sale in Dubai?
The most sought-after locations in Dubai are Bay Central, West Avenue and The Torch, where investors can find some of the most high-end and luxurious properties for sale and to rent in the emirate.
The communities with the higher demand in the city are Jumeirah Lake Towers, The Palm, Dubai Marina and Downtown Dubai. Recently, these districts have become extremely popular tourist destinations and also have solid occupancy rates and high rental returns worldwide as a consequence. Therefore, investing in a house for sale in Dubai offers one of the highest returns of assets in the world to local and foreign investors.