Dubai
DUBAI
Dubai, the renowned city of the United Arab Emirates, has emerged as a global epicenter for real estate investment. The city's strategic location, modern infrastructure, and lucrative tax incentives have attracted investors from around the world, seeking to capitalize on the diverse range of real estate opportunities available.
These are just a few of the ways the emirate is managing to attract global investors:
- A thriving economy driven by trade, finance, and tourism
- Ongoing government support in the real estate market, making it easier for overseas investors to invest in Dubai
- More ease and accessibility for first-time buyers and international buyers looking to buy an investment property or a holiday home
- A ‘Golden Visa’ (10 year residency visa) when buying one or more off-plan properties of no less than US $544,500 (AED 2 million) with no minimum down payment required
Dubai in Numbers
Highlights of Dubai real estate sector
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Residential Sales
Value
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Residential Sales
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Year-over-Year (Y-O-Y)
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Residential Transactions
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Residential Transactions
(2024)
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Residential Transactions
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Demography
Current Population:
3,650k
(2024)
Projected Population:
7,800k
(projected by 2040)
GDP:
$92.32 billion
(first 9 months of 2024)
Safest Cities in the World:
Dubai ranked 2nd, after Abu Dhabi
Tax
Income Tax:
0%
Tax on Rental Income:
0%
Tax on Capital Appreciation:
0%
Corporate Tax:
9%
Vat:
5%
Tourism
Visitors:
18.72 million
(2024)
Number of Hotels:
832
(2024)
Occupancy:
78.2%
(2024)
World-Class Education
Dubai has an impressive education system with 216 private schools offering a mix of top-tier international curriculum.
Thriving Economy
The city is a global hub for business, finance, and tourism, providing abundant career opportunities and a high standard of living.
Visas for Professionals
The Dubai Virtual Working program and the 10-year Golden Residency Visa help retain talent and attract foreign professionals and investors.
International Travel Hub
Supported by its renowned flagship carrier Emirates Airline, Dubai boasts unrivalled travel connectivity and is a global aviation hub.
Unparalleled Opportunities
With exceptional amenities and vibrant culture, Dubai is an attractive destination for those seeking a modern, dynamic, and prosperous lifestyle.
Cutting Edge Healthcare
Dubai has an impressive healthcare system offering high-quality medical care across state-of-the-art facilities covering every specialty.
Attractive Business Environment
Favorable government legislation and low set-up costs make Dubai an attractive place to establish a start-up or new business.
Fixed Currency
The UAE dirham is pegged to the US dollar at 3.6725, providing financial stability and predictability for those living and investing in Dubai.
Ease of Money Transfer
The ease of money transfer in Dubai allows you to send and receive funds effortlessly from anywhere in the world.
Exceptional Tax-Free Environment
Dubai’s vibrant multicultural lifestyle makes it an alluring investment destination.