Dubai, once a favorite with entrepreneurs and influencers, has quickly established itself as a must-see destination for real estate investment. Thanks to favorable conditions, investing in real estate in Dubai guarantees a profitable and secure investment.
For the past decade, the Dubai real estate market has experienced phenomenal growth. The number of property transactions in the city has exploded, rising from 53,000 in 2018 to over 120,000 in 2023. This trend shows no signs of slowing, and forecasts for 2024 predict new records. For any real estate agency in Dubai, this continued growth is a guarantee of stability and profitability.
Dubai attracts a large number of international investors thanks to the diversity of its offerings: apartments in modern skyscrapers, luxurious beachfront villas, and exclusive residences in hotel complexes. Depending on your investment objectives—whether capitalizing on rental demand or speculating on property growth—investing in real estate in Dubai offers the potential for high returns.
Several factors explain the boom in Dubai’s real estate market. First, the city is experiencing rapid population growth, mainly due to the massive influx of expatriates and foreign workers. These new residents need housing, which is stimulating the construction of new residential projects.
Additionally, Dubai is a must-see tourist destination, attracting millions of visitors each year. In 2023, the city welcomed over 17 million tourists, a record number that fuels demand for short-term rentals. Real estate investors have the opportunity to generate attractive income by renting their properties to these travelers. Real estate agencies in Dubai report that demand for short-term rental apartments remains high, especially in areas like Downtown, Dubai Marina, and Jumeirah Beach Residence.
Dubai, with its luxurious living environment and modern infrastructure, is a city where many people are looking to settle. This generates strong demand for residential real estate, both for purchase and rental. According to market experts, this demand could further increase in the coming years, with an acceleration expected as early as 2025. As an investor, purchasing real estate now would allow you to benefit from strong price appreciation in the long term.
At the same time, Dubai’s strategic location at the crossroads of Europe, Asia, and Africa attracts many international companies. This increased presence of multinationals reinforces the city’s appeal to expatriates, who seek quality housing in business districts such as Business Bay and DIFC. As such, real estate in Dubai offers attractive yields, with high occupancy rates and strong demand in strategic locations.
In Dubai, there is no income tax, property or housing tax, or capital gains tax, and businesses are not subject to social security contributions. However, in 2024, a 9% corporate income tax was introduced, with an exemption for the first €100,000 of profits.
This advantageous tax regime attracts both wealthy individuals and companies looking to maximize their profits. The absence of income and real estate gains taxes has made Dubai a veritable paradise for international investors, who can grow their wealth while benefiting from very low taxes.
Investing in real estate in Dubai is particularly simple. Administrative procedures are reduced and paperless. All you need is a valid passport to purchase real estate. The Dubai government has also implemented several initiatives to attract foreign investors. For example, the UAE Golden Visa program allows real estate investors to reside in the United Arab Emirates for extended periods.
Additionally, non-residents benefit from advantageous conditions for their purchases, with easy access to bank credit and attractive financing options. It’s not uncommon to see real estate agencies in Dubai offering installment plans to make investing even more affordable.
The Dubai Real Estate Regulatory Authority (RERA) has implemented regulations to protect buyers from project delays and cancellations. Since 2017, a specific law has protected buyers of off-plan properties in the event that developers fail to meet their contractual obligations.
These measures allow investors to acquire off-plan properties with peace of mind, knowing their interests are protected. Payments are deposited into secure accounts, accessible to developers only once they have met the planned construction milestones. This regulation guarantees financial security for investors and provides them with peace of mind throughout the purchase and construction process.
Another key advantage of investing in real estate in Dubai is the attractive returns it offers. Property prices, particularly in the luxury segment, are up to 70% lower than those in other major global cities such as New York, London, Paris, or Geneva. This allows investors to acquire high-quality properties at relatively affordable prices, while still benefiting from a high return on investment (ROI).
According to data from the Dubai Land Department, average annual yields on real estate in Dubai range from 5% to 8.4%, making it particularly competitive internationally. This profitability is supported by strong rental demand, particularly in areas popular with expats and tourists. Real estate agencies in Dubai also report an increase in demand for short-term rentals, particularly in tourist and business areas.
Investing in real estate in Dubai offers exceptional potential, both in terms of returns and long-term growth. With its dynamic economy, favorable tax regime, and luxurious living environment, the city attracts more and more international investors every year. Whether you’re looking for a stable investment or an opportunity with strong growth potential, real estate in Dubai is an option worth serious consideration.
Additionally, with Dubai’s well-established real estate agencies and a secure regulatory framework, investors can navigate this market with complete peace of mind. Thanks to simplified procedures and attractive tax conditions, acquiring real estate in Dubai is now within reach of many international buyers. Taking advantage of these opportunities now could prove to be a strategic decision for years to come.
WE ARE HUMAN REAL ESTATE LLC
One Central, World Trade Center
Dubai - United Arabian Emirates
Licence N°1158170
+33 6 09 02 24 84
+971 50 908 4108
dubai@wearehuman-agency.com
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Abdelilah & Fatima
One Central, World Trade Center
Dubai - United Arabian Emirates
Licence N°1158170
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