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Investments > Realty Investments > Why are people ...
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Why are people investing in Dubai?

by "Baytouna.com" <info@[EMAIL PROTECTED] > Jul 19, 2007 at 04:12 PM

One of the reasons for the construction boom in Dubai is the recent
reversal of a law in 2002 that allows non-nationals of the UAE to own
property (not land) in Dubai (albeit freehold and 99 year leases are
actually sold to people with owner****p still remaining with private
companies).
- Properties in Dubai are all finished to a very high standard
- There is no income tax or capital gains tax applicable on property
sales or rentals in Dubai
- Rental income from Dubai properties is presently between 8 - 10 %
per annum
- Capital growth on Dubai property is expected to be in excess of 15%
per annum
Live out of your dreams in style and experience the best of modern
living, luxurious, comfort and magnificent views with world
celebrities as your neighbors in Dubai. Location, stunning sea views
and high return on your investment are three prime factors to consider
when investing in Dubai freehold properties.
The Most Pro Business Attitude
.. Dubai believes that 'if its good for Business, its good for
Dubai.'
.. 139 out of the G500 MNC's are in Dubai.
.. 9 out of top 10 of the G500 are present in Dubai.
.. Robust economic clusters including technology and internet hub,
media hub, finance hub and healthcare hub.
.. World class free zones.

At www.baytouna.com you'll find the most luxurious and prestigious
properties in Dubai...

Best.
 




 1 Posts in Topic:
Why are people investing in Dubai?
"Baytouna.com"   2007-07-19 16:12:01 

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