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Property Investment in Dubai
In recent years Dubai has become a vital hub in world trade, with few sectors fairing better than the real estate sector.
Demand for real estate in Dubai
There are an increasing number of permanent residentsin Dubai - It is little wonder when you consider what Dubai has to offer: one of the
safest and secure living environments in the world, together with first class educational and health care facilities, it is the ideal place
to bring up a family. The increasing number of residents will put pressure on real estate prices in Dubai which for the investor can only
be a good thing.
 As
a business destination Dubai is unequalled with the central location offering access to a market of staggering potential. Current figures
show that domestic imports for the region amount $17 billion per anum.
Duabi is the gateway to a market of $150 billion p.a. and a 1.4 billion population. Imports already doubled since 1989 and continuing to
rise. Dubai is an open market; no exchange controls, quotas or trade barriers.
It comes as no surprise, therefore that of the companies that
make up the Fortune 500; over 300 already have a corporate presence
in Dubai.
Accessibility has never been better with around 90 airlines servicing Dubai's international airport. There are already plans to quadruple
the airport in the next few years.
Dubai has experienced phenomenal development in recent years just look at some facts and figures.
- From an Economic perspective, Dubai’s catchment area has a combined GDP of over 1 Trillion Dollars
- Trade in Dubai accounts for 16% of the GDP
- Tourism currently accounts for 12% GDP in Dubai
- The Oil Sector accounts for ONLY 10% GDP
- Dubai’s wealth is built upon an advanced and diverse economy: Commerce, Transport, Manufacturing and Finance are dominant.
- There are 139 Fortune 500 companies with regional offices in Dubai. (for example: Microsoft, Dell etc).
- Dubai International Finance Centre: Sixty globally recognised Banking Organisations have already been granted licences to operate, including: Merill Lynch, Credit Suisse, Barclays Capital, Standard Charter, AIG. Dubai subsequently set to become the Bridge between the financial markets of the West, and those of the East.
- Tourism figures predicted to jump from 4 million to 15 million by 2015 (accelerated by completion of the Palms, The World, Dubai Waterfront Project and Dubailand)
- Hotel occupancy is currently 80% per annum – one of the highest in the world.
- The Dubai Government has contributed Billions of Dollars of its own money to the Dubai Master Plan, but is highly reliant upon external investment to ensure that the plan is a success (hence, changing their minds about the Freehold promise will be catastrophic to the Emirate’s Economy).
To benefit from this unique market place, simply contact us.
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