One of the fastest growing and beautiful cities in the world, from housing the world’s tallest tower to artificial islands in the shape of palm trees, Dubai has become a hub for tourists.
Looking to buy Dubai property? Top3 Real Estate offers an exciting range of Dubai property, both apartments and villas in best communities that offer great investment potential.
Before beginning your search for Dubai property, it’s important to understand why you would buy a property in Dubai…..
1. City in development
The Burj Khalifa, the Dubai Mall, The Dubai Fountain, Dubai International Airport, the Palm Jumeirah island, this city is in continuous development and always aiming for the top. Dubai will always be the home of innovative and groundbreaking projects.
2. Demographic situation
In 1968 there were only 59.000 people living in Dubai. Fast-forward to 2020 and the number of inhabitants has risen to 2.9 million. This increase in residents makes Dubai one of the fastest-growing cities in the world, with an average growth of 10.7% per year. That means there is always demand for new real estate.
3. High rental yields
Properties in Dubai provide an average yield of 7%. Compare that to New York (2.9%), London (2.7), Singapore (2.5%) or Hong Kong (2.4%) and you see why people buy properties in Dubai.
4. Stable economy and political situation
Amidst all the unrest in the Middle East, Dubai is an oasis of stability. As a result, the economy has been steadily growing, owing to the success of for example real estate, tourism, and manufacturing.
5. High standard of living
The lifestyle offered by Dubai is sumptuous. Moreover, Dubai isn’t all about the malls and skyscrapers. From diving, skiing, snowboarding, biking, golfing, fishing, sailing, windsurfing, desert activities and water sports, Dubai has all the activities you can think of, year-round.
6. Transportation in Dubai
Dubai offers different types of transportation services including:
The bus network in Dubai is run by the Roads and Transport Authority. These buses connect all the major landmarks and tourist spots of the city, and are very comfortable.
This is one of the most commonly used and efficient modes of public transport in Dubai. It holds the record of being the world’s longest fully automated metro rail network, with two lines (Red and Green) operational.
Taxis are a convenient way of getting around Dubai. Easily available throughout the city, you will always find a long line waiting outside shopping malls and other attractions. You can use hala mobile application to get a taxi within 2-3 minutes.
This is an economical and preferred way to travel from Bur Dubai to Deira and vice versa.
7. World-class infrastructure
Dubai has the infrastructure that one would expect from a world-class business hub. The government has introduced free zones that serve as hubs for businesses in areas such as Jebel Ali and Media City to attract foreign business men.
Dubai is one of the safest cities in the world and the UAE is ranked the world’s 2nd safest country. Dubai is virtually crime-free as the Dubai police ensure maximum safety.
How can we help in buying property in Dubai?
Top3 Real Estate Brokers help you consider the several factors that are involved in buying property in Dubai. And with our experience and professional team we have, you are guaranteed to get your dream house. We provide real estate buying solutions and supervision. With our wide variety of residential and commercial options, you can choose to buy, rent or lease. We as a team are always there to provide you with the best service possible!
Click here to kick start your Dubai property search! Or fill the contact us form and we will get in touch with you for more help