Dubai is one of the most desired cities in the world. It is renowned for its ultramodern architecture, luxury shopping, and vibrant nightlife. Dominating its skyline is the Burj Khalifa, the world's tallest building at 828 meters. The city has transformed into a global hub for tourism, attracting a record number of 17 million international visitors in 2023. Dubai's economy thrives on trade, tourism, aviation, real estate, and financial services, with oil contributing less than 1% to its GDP. The city is also home to a significant expatriate population, with over 180,000 Britons residing there, which surpasses the number in Oxford.
Yes, non-UAE nationals can buy freehold properties in designated areas across Dubai. These freehold zones include popular districts like Dubai Marina, Downtown Dubai, Palm Jumeirah, and Jumeirah Village Circle (JVC).
Dubai offers a variety of residential areas, with popular choices including Downtown Dubai, Dubai Marina, Business Bay, and Arabian Ranches. Each area caters to different preferences, such as luxury waterfront living and suburban family-friendly communities.
Dubai's property market offers a wide range of properties, including apartments, villas, townhouses, and commercial units. Buyers can choose from off-plan developments (under construction) or ready-to-move-in properties.
Yes, Dubai has strict regulations protecting off-plan property buyers. Developers must follow strict guidelines, which include placing buyer funds in escrow accounts to ensure construction completion.
Dubai offers several advantages for property buyers, including tax-free rental income, high rental yields, and no capital gains tax. The city’s strategic location, state-of-the-art infrastructure, and rapidly growing economy make it an attractive investment destination.