First-time buyers' guide is massively important for the investors to go through for taking the sensible decision. It is beneficial to invest in rational real estate at the right time. The buying can be for the warehouses, shops, offices, lands, or homes. The United Arab Emirates (UAE) 's open market economy opens up various investment opportunities for investors.
The determination of the services and good's prices is according to the free price system. UAE is an eminent member of the Gulf Cooperation Council (GCC) and the League of Arab States. It has been among the top ranks in the export market for about 11 years. Almost 1500 American companies are associated and working for South Asia and Middle East Africa. The dynamic economy of the UAE opens up various paths for international businesses in the country.
Best Places to Invest Money:
Investment in Abu Dhabi:
Abu Dhabi is known to be one of the most expensive cities that add more quality to one's living. Dubai is the most valuable from the perspective of tourism, and hence it is beneficial to invest money in buying resorts or land to the most popular tourist destination. Indeed, real estate is the safest and secure sector for investment as it offers valuable revenue and profit. Foreign investors should ensure to buy properties in highly appealing and exciting areas. In this current year, more and more investment has been made in logistics and warehousing.Freehold Investment:
Property possession in UAE is of three main types. These include jointly owned property, leasehold, and freehold properties. The main areas for freehold investment worthy of buying property in Abu Dhabi are Al Shamkha, Jubail Island, Masdar City, Saadiyat Island, Al Reef, Al Raha Beach, and Reem Island. The free investment zone in Abu Dhabi is Al Maryah Island. The assured income is guaranteed when the investment is made for the right property.Investment in Dubai:
Al Kaya:
Al Kaya is the most prominent and stunning place for buying properties. Indeed, it is a place of fabulous security, tranquillity, and safety. The lush greenery can be witnessed all around this beautiful place. It comes up with different investment plans. Indeed, the buyers get the opportunity to buy the properties on instalment. The payment plan includes the 5% down payment. The 25% of the cost would be payable in the tenure of over two years. However, the buyer would pay 70% of the cost at the accomplishment of the payment plan.Palm Jumeirah:
One of the best properties to invest in in the UAE is Palm Jumeirah. The real estate connoisseurs find it to be the perennial favourite for them. The eclectic projects and upscale position of it grant more reliability to the investment project. The rate of properties in this area would be much more optimized when Raffles and Palm Beach Residences are completed. It is a splendid scheme for first-time buyers to buy the property either for reselling, rent or residence.Dubai Marina:
Another highlighted, and precious area of the UAE market is Dubai Marina. It is popular due to its waterfront location. There are various dining outlets, retail outlets, pavilion villas and apartments in this area. The project of Bluewaters Island is the centre of attraction for investments. This alluring location offers quite reasonable rates to the investors for full payment or instalments as per their ease.Downtown Dubai:
There exist various luxury high rise apartments situated in Downtown Dubai. Indeed, it is also a fantastic place for tourists. The inflation in the property is enhancing more and more. Hence the investment must be made after a keen search. The high rental yields and solid secondary markets ensure to add on more appeal to Downtown Dubai. Hence, the rental yield in this scheme optimizes and is found to be 5.4% on average.Top of Form
Comments (0)
Leave a comment