Why Investors are Venturing into Luxury Properties in Dubai?

The continued economic growth in recent years has made Dubai an ideal place to invest in the real estate industry. Now, more and more investors are jumping in and investing capital in the various residential and commercial projects.

Luxury properties and upcoming projects from Palma Holding are alluring investors from all over the world. Real estate has seen immense growth of over 25% in the year 2014. This growth has continued into 2015 and makes this global city a very attractive place for investment. The real sector of Dubai is matured and driving high demand in luxury properties.

What are the reasons driving more investment into the region?

Well, Dubai’s excellent tax set up is one of the biggest reasons which have pulled the investment across the globe. The popular destination is grabbing more and more investors in Dubai residential properties and consortium like PalmaHolding are attracting more opportunities. On the contrary, Dubai has become one of the best destinations for renting the property.

Some salient features of real estate investment in Dubai

1.        High Returns:

Enjoy immediate rentals between 8 and 10% paid up front.

2.       Luxury Dubai Apartments:

Select from the largest range of luxury apartments, studios and penthouses

3.       Dubai Apartments from the Experts:

Buy with confidence from reputed real estate dealers in Dubai

4.      Comprehensive Resale’s Service:

Property advisers can help you sell your property when the right time comes,

5.       Great Assistance on Pricing:

Get assisted for pricing, finding a buyer, handling the contract and other documents.

Dubai and New York have become the “twin cities” due to global wealth and investment. Today Dubai offers an investor friendly environment, which makes it an ideal destination for real estate investment with the hope to resell property sometime later or to start gaining the rental income after the completion. On the contrary, some people put the hope in the rising real estate market.

Since Dubai it’s a tax free zone, so you should invest wisely, as you do anywhere else. Similarly, the rental value is good, which makes Dubai more attractive. As a result, you get around 10% of the property value which is a fair trade.  If you've the money for down payment, it is highly recommended you buy a luxury property that you can afford and let the rent cover the cost.

You can also live in it yourself, we would suggest investing in a project like Palma Holding that is finalized and ready to move in but the community is new and doesn't have any parks, shops or community center. This way you can bargain the price. Within few years, as the community builds your property will increase in value too. 

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6 Tips before Investing in Properties

1. Take advantage of opportunities: 

The ideal time to invest in real estate time depends on several factors, from politics and economics (on the global level) to the particular situation of a family. You can always buy a property or look out for Apartments for Sale at a much lower value if you bid that someone cannot resist. Real estate price drops for various reasons, but the main is the lack of demand. Sometimes, real estate stay inactive but in some areas it can grow drastically in future.

2. Find a good legal framework: 

To reverse, nothing can be left to chance. While it is true that you must take advantage of some opportunities that gives you the market, it is also good to have on your side the experts, as it is a safe and reliable real estate opportunity. If you know nothing of the sector, the venture does not be successful, especially if you want to buy the property yourself and save the commission.

3. Note infrastructure and reforms:

A house or some Apartments for Sale needs a lot of arrangements, and mostly cheaper than hot properties in town. However, there are times when repairs are much more expensive and in the end you end up spending a lot more. Do consult with property builders, contractors, electricians, etc. so you get a budget before buying.

4. The importance of place:

It is true that the properties in a modern city are much more expensive than in the suburbia, but have to get thinking about something else: Perhaps, who you will sell or rents a property in a remote village of all? Is not it easier to have deals in a neighborhood of any city?

5. Expects the corresponding time:

Any expert in real estate will tell you that you cannot sell a property you just bought at least another two years. It is not a trend, but a reality. To appreciate the value, you must wait. If you want to make money in less time, buying real estate is not the best option.

6. Think about renting instead of selling: 

The economic situation in many countries, coupled with the high requirements to get a loan, hinders the idea of buying a property. So, considering that you have to wait two years to hang the poster of sale, a good idea is to rent the meantime. You will receive a monthly income at that time and you will avoid paying services. Moreover, you will continue to save for new investments in the sector.

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5 Reasons to Invest in Real Estate Dubai

In recent years the financial world has seen the risk of investing in stocks and funds, and traditional savings account provides almost nothing. Shortly you will pay more tax on their investment income. So what’s the solution then?

Propertiesinvestment in Dubai is the right solution, if you want to invest in real estate sector. Even in times of economic and financial crisis many times the investment remains profitable. The value of your investment capital increases its ownership itself and becomes a better source of income.

1. A weapon against weak currencies

The properties generally are priced and valued in dollars or as some comparison with international or regional market. Invest your savings in real estate quickly and safely. By investing in real estate you do not have the ups and downs of local currencies. Moreover, you can get a good amount of income for a monthly rent, which is another advantage of investing in real estate. 

2. Creates additional revenue

If you invest in property, then your investment increases its value and it can have a fixed monthly rental. The average annual return on a property yield is 7-8% annually over the long term. 

3. A safer investment than stocks

The share prices fluctuate drastically and the financial sector remains a range of new investment products. So many people choose to invest without worries to secure their future with investment properties. It is clear that this type of investment is slightly higher at the beginning, but after having two or more properties, the capital will increase faster and faster plus the value of the investment property increases long-term. 

4. Properties Investment in Dubai is convenient than saving

The interest rate on your savings account is not very high, depending on the economic situation sometimes return inflation exceeds a fixed term. One of the best ways to stretch your savings is to invest in property. With a good buy, you will see increase in capital value and rental income that fills your bank account. 

5. Goodbye to the unstable prices of gold and commodities

Investing in commodities such as gold and silver is also a risk because they have a very volatile nature. In the past the price of gold and silver fell sharply. Even experts say it is difficult to say which factors influence the price. For lay people, all is conjecture and there is a very solid foundation for retirement, unless it is made very deep market research, which takes more time to invest in brick. 

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