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.