The first thing that comes to mind about Dubai is its luxuriousness and opulence. Everything about it emanates grandeur and splendor. Presently, it is one of the most coveted tourist destinations in the world. Despite being the most populous city in the whole United Arab Emirates, every year, plenty of people choose Dubai as their preferred place to buy holiday villas.
Dubai houses the world’s most expensive villas, which have an abundance of unparalleled amenities, high-end equipment, and, most importantly, world-class infrastructure. If you are planning to invest your hard-earned money to get the maximum return, investing in a magnificent villa in Dubai will be the best choice! With the steady increase in the value of properties in Dubai, your investment will be risk-free and become a valuable asset that will generate a stable income over the next few years.
If you are interested in investing in villas for sale in Dubai, you are in the right place. In this blog, you will find the most pertinent reasons for investing in the real estate market in Dubai. If you are having doubts, by the time you reach the end of this blog, you will have a foolproof plan in mind!
Why should you invest in villas for sale in Dubai?
Whether you are looking for a deluxe holiday home or real estate to invest in, Dubai will provide you with the best of all. Here are the primary reasons you should invest in villas for sale in Dubai:
Strategic Location of Dubai
The central location of Dubai makes it an easily accessible spot from around the world. It takes roughly a six- to eight-hour flight from the major cities in the world to reach Dubai; this resulted in the Dubai International Airport becoming the busiest airport in the world. In 2017, the airport reported a footfall of about 85 million. The bustling nature of the airport helps facilitate the rapid growth of local businesses.
It is surprisingly easy to fall in love with the city of Dubai. It offers a wide variety of experiences that you might not find elsewhere. From the rich Middle Eastern culture to the spectacular beaches to the mind-blowing nightlife, thrilling adventure parks, and boundless, top-notch shopping arenas, there is nothing that Dubai cannot offer you! If you own a villa here, you can only imagine how delightful your life will be.
If spacious and airy rooms are what you desire, you will get them at the villas for sale in Dubai. Living in a restricted and cramped apartment will not give you the freedom and liberty that a lavish villa will. You will be able to furnish your home to your heart’s content, and your children will have the time of their lives playing around in the wide, open garden and courtyard.
Flourishing Tourism Industry
Over the past years, Dubai has established itself as one of the leading tourist destinations in the world. Be it a visit to the Museum of the Future, staring at the horizon from the top of the Burj Khalifa, shopping at the Global Village and Dubai Mall, watching an evening show of the Dubai Fountain, or an exciting Desert Safari. Everyone has a Dubai wishlist waiting to be ticked off. This booming tourism results in demand for short-term city walk apartments for rent in Dubai, which offers incredible deals to real estate investors.
One of the significant reasons real estate investors prefer Dubai over most other places is the lack of property taxes. As per the VAT law stated by the United Arab Emirates, your home or any residential estate is exempt from paying VAT. This is highly profitable, as investors will not have to give away chunks of their returns as tax.
High Rental Yield
In comparison to most other cities in the world, like New York, London, and Hong Kong, Dubai offers the highest rental yields. In terms of property investment, one can expect average returns ranging between 6% and 8%; this is not only lucrative but also profitable.
If you are looking to invest in luxury villas, Dubai should be your first choice. The benefits of owning a villa in Dubai are manifold and almost entirely devoid of risks. In Dubai, you get to experience the best of all: grandeur, infrastructure, amenities, and the environment. Owing to all the points discussed above, Dubai is a hotspot for intelligent real estate investors.
Fam Properties is one of the leading real estate companies in Dubai and can provide you with impactful guidance and assistance if you are investing in villas for sale in Dubai. Their experienced team of professionals can guide you through the entire process of investment, from selecting the property to sealing the deal. They are equipped to take care of all the legalities, transaction formalities, and other documentation so that the investors can enjoy a hassle-free deal!