Why invest in Dubai
The population of Dubai is estimated to increase from 1m to
3m by 2010, with tourism projections tripling from 6m to 15m in the same
period. Capital appreciation in recent years has risen between 15% – 25%
annually with rental returns being between 10 – 15%. Property Wealthy can help
find the right property for you
Purchasing in Dubai
Purchasing off-plan in Dubai is a relatively simple process and Property
Wealthy can assist you in all aspects of this procedure. All property
investment available to foreigners in Dubai is within special zones
master-planned by governmental organisations, as a result the contract
structures must be passed before the government. There is no capital gains tax
or income tax within Dubai making it an ideal investment opportunity, for more
advice on purchasing in Dubai please contact Property Wealthy.
Finance
Following an initial reservation deposit, the developer
provides a deferred payment plan on the project with payments spread over the
construction period. If you need a mortgage to finance your investment there
are a number of banks that can offer mortgages which are now available to
non-UAE residents please contact Property Wealthy for details.
Residents Visa
3 year visas are granted according to UAE laws and are
available to people investing in certain developments.
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