Top 10 reasons why Indians are investing in Dubai's Real Estate
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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)
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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)
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