Real Estate Investments in Dubai

The History of Real Estate Investments in Dubai

Dubai presents itself as an appealing city for real estate investment and boasts impressive investment growth numbers. A review conducted by Douglas Elliman and Knight Frank compared several cities and their investment growth from 2010 to 2014. For instance, assuming a property was purchased in 2010 for 1 million, it would have been valued at approximately 1.63 million by the second quarter of 2014 in Dubai. This translates to a growth of 23% in the second year of investment and a staggering 73% in the third year. These figures outshine other contenders for luxury real estate, including Hong Kong, New York, and London. In comparison, properties in these cities would see values of 1.16 million, 1.22 million, and 1.54 million, respectively, given the same investment and time frame. Dubai emerges as the clear winner by a significant margin and continues to prove its status as a lucrative investment market. With such promising growth trends, Engel & Völkers remains committed to helping investors capitalise on the thriving real estate opportunities in Dubai.

Why is Dubai a Good Investment?

In addition to its wealth, Dubai stands out as an exceptionally attractive investment location for several reasons. Firstly, Dubai is a tax-free city, devoid of income or capital gains tax, offering investors unparalleled financial advantages. Moreover, Dubai's robust tourism industry remains a powerhouse, consistently attracting a diverse array of prospective tenants, ensuring a steady demand for rental properties. The city's moderate climate further enhances its appeal, making it an enticing destination for visitors and residents alike.

Dubai's remarkably low crime rate contributes to its reputation as a safe and secure city, fostering a conducive environment for both living and working. Furthermore, the city offers an exceptional quality of life, making it an attractive destination for individuals and families seeking new opportunities.

For investors in rental properties, Dubai presents an enticing proposition, with the potential for lucrative rental income and substantial equity growth within a relatively short timeframe. The booming housing market in Dubai often yields impressive returns on investment, with the potential for significant gains within a five-year turnaround period.

Why Use Engel & Völkers to Buy and Sell in Dubai

With Engel & Völkers' unparalleled local expertise and extensive experience, you gain more than just time-saving benefits – you gain valuable insights that can safeguard you from potential investment pitfalls, especially when exploring unfamiliar markets abroad.

By leveraging Engel & Völkers' industry knowledge, you can entrust us to meticulously research and identify properties that precisely meet your criteria. This proactive approach allows you to focus your attention on evaluating a curated selection of properties that hold genuine investment potential, without the hassle of sifting through unsuitable options.

Moreover, when it comes time to close the deal, Engel & Völkers serves as your trusted partner, particularly if you're an international buyer. Our dedicated agents act as your 'feet on the ground,' ensuring that every detail is handled seamlessly, leaving you free to focus on your investment goals.

In Dubai, a city renowned for its beauty, safety, and economic vibrancy, partnering with Engel & Völkers unlocks a world of opportunity in the real estate market. With our proven track record of delivering exceptional results and maximizing investment potential, Engel & Völkers is your gateway to success in Dubai's thriving real estate landscape. Trust Engel & Völkers to guide you through every step of your investment journey, from property selection to closing, and experience the unparalleled benefits of working with a trusted industry leader.