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| Property in Dubai More and more people from all over the world are choosing Dubai for investment proerty, to live, to work, to holiday. It's quite simply one of the easiest places in the world in which to buy property and very safe place to live. In fact, canny investors well realise that Dubai is one of the safest places in which to live - worldwide, one very powerful reason to invest in property in the country. But that's not all. It's also a place where the cost of living is one of the lowest worldwide whilst the facilities are second to none. Dubai has no income or property related taxes, no worries regarding theft or religious discrimination and where a resident's visa is granted to all who purchase property in the region. These are amongst the many reasons that are making Dubai one of the most cosmopolitan of populations on the planet. Sport in Dubai Along with several theme parks either built or being built, Dubai will soon boast a covered snow slope, so you can keep your skiing skills up to scratch - in the desert!! Sport of all types is available, from sailing to paragliding, football, squash, tennis - you name it, someone has provided for it. Dubai is certainly perceived as a safe and enjoyable place to live, be it at work or socialising. Buying Property in Dubai In May 2002 the restrictions on Non-UAE nationals buying freehold property in Dubai were lifted and demand has been soaring ever since. This has led to 125% plus capital growth being achieved within two years in some cases. Buying property in Dubai could not be simpler, all it takes is a simple contract between buyer and seller and as most properties for sale in Dubai are new builds, your contract is likely to be between you and a developer or perhaps a real estate company. Alternatively, if the property is for resale you may deal with the owner organisation or individual owner. Funding your purchases. Some Dubai developers offer their own mortgages, whilst others have projects approved for mortgages by banks. |
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