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| The International Real Estate Investors Network is not currently active and cannot accept new posts | Have you ever considered investing in Dubai? | Views: 398 | Jul 29, 2007 6:52 pm | | Have you ever considered investing in Dubai? | # | Pierre Douaihy | | Why invest in Dubai? 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 ownership 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.
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