Top 10 reasons why Indians are investing in Dubai's Real Estate
Advertisement
Being one of world’s fastest growing real estate markets, Dubai’s property sector has something for everyone. Be it a holiday home seeker, a luxury apartment investor or even a blue collar worker looking for affordable housing, the emirate has got everyone covered. People from around the world are investing in Dubai, but none are as enthusiastic as the prudent buyers from India who have their eyes fixed on the lucrative apartments deals promising annual rental yields. According to UAE property portal Bayut.com, rental returns in certain areas of Dubai go as high as 12%.
RecentlyDubai Land Department, a government agency overseeing property market of the emirate, revealed Indians investing a staggering AED 7.27 billion in Dubai’s property market in H1 2016 with the number of property transactions totaling up to an impressive 7,272. Prominent property portals active in the UAE also reported strong investor interest from India.
So if you are wondering why Indians are so interested in Dubai’s property market, here are the top 10 facts that appeal to the investors from South Asia’s largest economy:
(The article has been authored by Ahsen Ghufran Khan of Bayut.com)
Advertisement
Advertisement
Recently
So if you are wondering why Indians are so interested in Dubai’s property market, here are the top 10 facts that appeal to the investors from South Asia’s largest economy:
(The article has been authored by Ahsen Ghufran Khan of Bayut.com)
Advertisement
- CEO says he tried to hire an AI researcher from Meta, and was told to 'come back to me when you have 10,000 H100 GPUs'
- We bought a house in Japan for $30,000. We'll have more land than we could afford in the US, and our kids will be more independent.
- Rumors Prince William is having an affair with Rose Hanbury are flooding social media again after Stephen Colbert waded into 'Katespiracy'
- Electrifying auto market: Planning to buy an EV, compare their price with petrol, diesel and CNG variants
- Bank of Japan ends decades-long negative interest policy
- Realme Narzo 70 Pro with Dimensity 7050, 5,000mAh battery launched in India
- Popular Vehicles shares make weak market debut; decline nearly 2% in opening trade
- TCS shares tank over 3% after Tata Sons divests 0.65% stake