Summer 2022: why is it the right time to invest in Dubai?
In these uncertain times of high inflation, it can be difficult to know what to do with your money. If you have savings, there are several investment options available to you. Some more risky than others, some more liquid than others. Dubai Immo, the leading real estate agency in Dubai, explains in this article all the interest ofreal estate investment in Dubai.
Rates of return above inflation
With inflation likely to reach or exceed 5% this year, your savings will lose value if they earn less than the inflation rate. In short, if your current savings or investments are only generating 2 or 3% net, then your purchasing power will drop, your money will lose its value. In Dubai, with the new real estate projects we offer, you can easily generate 7 to 10% net return on your investment. In addition to high rental yields, you can also benefit from an appreciation in the value of your property.
When inflation lurks, rents rise
As we know, when inflation is there, rents are the first to be impacted, just like daily expenses. So much so that in France the option of a rent freeze is being considered. Nothing like that in Dubai, where the law of supply and demand is the reference.
Advantageous taxation for real estate investment in Dubai
The tax treaty between France and the United Arab Emirates is very favorable to investment in Dubai. Thus, you will benefit from the very advantageous taxation of the UAE. No property tax, no taxes on rental income, inheritance or even capital gains. Very favorable conditions for real estate investment compared to France, where taxes are piled up one on top of the other...
Conclusion
To enhance your wealth in these times of crisis,real estate in Dubai is an investment that should be very relevant. The crisis in Europe and much of Asia, whether political or economic, is leading to a strong migration of people to Dubai. Thus the need for housing is constantly growing, along with the increasing population of Dubai. The whole world is attracted by Dubai's attractiveness and dynamism, and we are convinced that this will increase in the coming years.
