Political stability
Dubai is a politically stable country, which is essential for investors who don’t want to worry about how economic changes could impact their investments. The political system in the United Arab Emirates presents a low level of risk. The government is typically stable and efficient, providing high service levels to citizens without much corruption.
Favorable business environment
Dubai’s government has put a number of initiatives in place that are favorable for both domestic and foreign businesses. Investors can enjoy a variety of incentives that allow their businesses to thrive and succeed. Businesses save money by spending less on taxes. Dubai also contains several free zones where businesses can continue to take advantage of various tax and customs exemptions while maintaining 100% foreign operations.
Strategic location
Dubai is a hub for international business thanks in part to its location. Its position between Asia, Europe, and Africa makes it an ideal nexus for worldwide trade. Its proximity to the Persian Gulf makes shipping more feasible, and Port Rashid and Jebel Ali are two of the busiest ports in the world. Dubai National Airport serves as a hub for several regional airlines and takes passengers to destinations throughout the globe.
High standard of living
Dubai residents enjoy a strong healthcare system, positive infrastructure, and highly-rated educational systems. The standard of living in Dubai is much higher than what you would experience in many other locations throughout the world. In addition to the excellent public transportation, Dubai is an easy city to drive around. The low unemployment rate is a reflection of the overall health and stability of the economy. Dubai residents enjoy a wide number of entertainment options, including beaches, parks, sporting events, and plenty of excellent shopping malls. There’s always something new and exciting to do in town.
Variety of home locations
Want to live on the beach? Dubai offers that opportunity. Prefer a luxury apartment or a villa? You can find that, too. Dubai offers a number of home locations for investors to choose from that match their desired preferences and lifestyle. Palm Jumeirah is a nearby artificial island known for its high-rise apartment buildings and its luxurious hotels. It looks like a palm tree from above, which is where it gets its name. If you prefer villas or townhouses, you’ll be better off shopping for homes in The Springs or Arabian Ranches. Some of the area’s most popular gated communities are The Lakes and The Meadows. These neighborhoods have a more suburban vibe and shared amenities like parks and playgrounds.
Strong legal system
Dubai’s legal system works hard to protect foreign investors and ensure that their property rights are enforced. The legal system in Dubai is influenced by the civil law system and Sharia laws. The goal of these principles is to support the country’s stability and well-being. Most people consider Dubai’s legal system fair and efficient, with an extra emphasis on protecting the rights of individuals and businesses.
Quality public transportation
It’s easy for professionals to get around town thanks to Dubai’s excellent public transportation system. The self-driving metro system connects all major city areas, making it easy for you to access all of the best Palm Jumeirah activities. The tram is also driverless and connects areas such as the Jumeirah Beach Residence and Al Sufouh. They can also travel throughout the region (and the world) with ease from Dubai’s International Airport.
The Assets Advisors can help you invest in Dubai real estate
Once you understand what’s bringing so many people to Dubai, you might start considering a move to the area yourself. When that time comes, reach out to Fawzi Hamze and The Assets Advisors real estate team. They specialize in Palm Jumeirah luxury homes, and they work with high net-worth individuals on a regular basis. They would love to help you find a home in Dubai that meets your needs and enhances your life. They can also answer any additional questions you have about living in Dubai.
