Why Invest in Dubai?
- Dubai has positioned itself on the global stage as a city that is the location of amazing development projects and has recently introduced freehold property
- Leading centre for business & tourism in the Middle East
- Continued strong GDP growth: GDP in Dubai will have risen to US$ 108 billion in 2015 Dubai economy has been growing faster than the emerging economies of China & India & the development economies of Ireland, Singapore & the U.S.A. Economic performance at sector level has also been very impressive. In 2005, the non-oil sector contributed to 95% to GDP compared to 90% in 2000. Dubai has the only economy in the world to have sustained double-digit growth over the past 5 years
- World class leisure & shopping facilities. Tax free.
- In 2005, Dubai International Airport welcomed over 21 million passengers
- Growing tourist industry: Dubai enjoys year round sunshine of 365 days. By 2010, over 60 million passengers are expected. Dubai has world class leisure & shopping facilities
- Excellent education & healthcare
- Over the next five years, there is an estimated shortfall of 40,000 units and a latent demand of 150,000 residents for completed units. Once completed, units command a premium of upto 30%. Demands for housing units grow with an estimated 100,000 people moving to Dubai every year. Change in demand & supply will impact on high-income segment apartments. As supply becomes available, rents will soften & the market will see migration from shared accommodation to single occupier units
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