Where should you invest in a city like Dubai?
Dubai does present itself as a land filled with more opportunities for investment in the property market with new launches like Binghatti Phantom and Binghatti Galaxy. This surge has its connection to the Freehold Law of the year 2002, a good decision that changed the very trend of land ownership, granting those, not UAE citizens the chance to buy, sell, lease, or rent properties or lands.
As of the current days of 2024, the allure of Dubai as a hub for investors remains unchanged. Its good position in the Middle East, new projects, facilities of the new trends, and its popularity as a place of less or no taxes for buyers or investors from other countries. With the continuous arrival of foreigners and tourists, the demand for both dwelling places and areas of commerce holds popularity.
Within the broader market of the UAE, an investment in ready-to-move property may provide the buyer of the property with a residence visa for years. If a buyer wants to buy a house of high price, a 10-year Golden Visa will be given to those who invest a minimum of AED 2 million in either new or previously owned properties. Buying top luxury properties in Dubai is the easy way to acquire VISA in Dubai.