What is the reason of investing a real estate market of Dubai?

The talk and interest about Dubai was started 10 years ago, as the tourist center and tax-free zone for business.
Today, Dubai – is the grandiose center of business, tourism, a fashion and luxury. It is unique city with excellent quality of the life, the having huge potential of growth in key sectors of the industry.
Many European and Arabian countries have become interested in this region more than 20 years ago, with purpose of development of business. Today Dubai involves foreigners from the entire world, because of style and standard of living.

Habitual sounding "Cannes", "Monte-Carlo", "Saint Ropier", "Marbella" - remarkable European resorts, with century traditions, ancient hotels and extravagant prices, involve tourists from all over the world. But having arrived on azure coast of France or Spain, you will understand that all are said not as it is described in books: beaches are closely, the sea is cold, hotels are old, and the price and quality is mismatch. But it is incorporated in us since the childhood, that is best, that only can be! And we start to search and being interested, what there is, that so involves celebrities, millionaires, and tourists.

We find restaurants with Mishelenovsky’s stars, old locks, fine country houses, a casino, fashionable boutiques, and golf field - all which is necessary for a beautiful life. But the coast is not found there! Certainly, it is possible to relax on Maldives seas, Seychelles, Mauritius, but there, we can find only smart beaches, Spa procedures and golf field.

Dubai has created and personified all components, which is so necessary for a modern life: whole year the sun and the sea, the sandy beaches which have been stretched on all coast of the Persian Gulf, magnificent hotels, restaurants with World names, golf field, yacht clubs, fashionable boutiques, Spa and interiors, all these are accessible to everyone!

Quality and service can satisfy even most complaint-natured consumers.
Dubai takes the third place among the best world cities. Strategically, it is located between Europe and Far East. Dubai is unique as city with excellent quality of life, with ability of huge potential in future growth of the market and many key sectors of industry.
Today, during global crisis, the prices for the properties became accessible to many people.

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Dubai: Commerce and Trade center


Dubai is the fast-growing, prospering city which is an embodiment of the present and global trade, the main thing of its development is the detection of oil and gas in the United Arab Emirates. Oil and gas have caused the further economic growth and prosperities of city. Soon after that, the government of Dubai has begun the program of investment. Trade, tourism, construction and financial sector are most quickly growing in the country. Nowadays, the world community’s attention has started to concentrate on Dubai Ports from the beginning of construction of the world's largest of anthropogenesis port; now one of the most effective and brisk container terminals of planet, Jebel Ali. The further construction of the advanced airports in a hemisphere, the international airport of Dubai, has doubled the size once again and can process 70 million passengers and expected 15 million annual visitors by 2010. The further projects are not less surprising and acting as a fuel in expansion of tourism in Dubai. Besides, Dubai offers business operational modes which are liberal and attractive in region. Its task is concentrated on foreign investors, dealers and businessmen. Investors are involved with rather low prices both the modern heaped up architectural and building decisions. And the most important and initiative policy of Dubai – is establishment of various Free trade.

Dubai Free Zone Incentives are:

  • 100% foreign ownership
  • A highly professional administrative assistant
  • Tax free of all income earned and all profits for 50 years
  • Exemption from all import customs duties
  • Free repatriation of capital and profits
  • Sophisticated infrastructure and minimum energy charges
  • Non restriction of recruitment of workforce
  • No currency restrictions
  • Protection of intellectual property
  • Fast registration and licensing.
  • There are some free zones established in Dubai today: Jebel Ali Free Zone, Dubai Airport Free Zone, Dubai
  • Internet City (were mentioned above), also Dubai Media City, Knowledge Village, Dubai Health Care City,
  • Dubai Metals and Commodities Centre and others.
  • Besides this, one of the important points of the government policy is the availability of 100% freehold.
  • Ownership of some properties to all nationalities. It means that the owner of a freehold title of real estate enjoys the most superior form of private property ownership. A freeholder is considered to be the absolute owner of the land and buildings comprised in his title; he has the right to occupy, use and enjoy his property forever or until he transfers the title to a new owner, and his heirs are entitled to inherit his title upon his death.

 

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