Real Estate In Dubai - The City of Elevated Dreams
One of the world’s most fascinating economic success stories, Dubai capitalizes on its strategic location at the crossroads of Europe, Asia and Africa. Over 120 shipping lines and 105 airlines connect to over 145 global destinations.
The epicenter of one of the world’s richest regions, Dubai’s sustained GDP growth of over 8% per annum is amongst the highest in the world. The emirate thrives on a diversified economy with oil contributing to only around 10% of its GDP. Tourism and knowledge based industries contribute substantially to its outstanding economic growth.
Dubai also flaunts a per capita tax-free income of over $20,000, among the highest in the world. The rightful commercial capital of the Middle East offers an excellent business-conducive environment that is free from taxes and foreign exchange controls.
Real Estate in Dubai
Dubai enjoys excellent prospects for real estate growth over the coming years, creating fantastic opportunities for investment. The demand for residential and commercial properties will continue exceeding the supply over the next decade and may be, beyond.
Some of the iconic properties that will dominate new Dubai’s property map are, ‘Dubailand’, the world’s largest theme park; Dubai Sports City, the world’s premier sporting centre; the world’s 1st luxury underwater hotel, Hydropolis; Burj Dubai, the world’s tallest building and tallest man made structure upon completion.