The UAE's economy is thriving, having swiftly rebounded from the impact of the COVID-19 pandemic, positioning it as one of the early-recovering nations. Among residential buyers in the UAE, Europeans hold the foremost position. Additionally, Russian investors exhibit a strong affinity for the UAE, as evidenced by the doubling of real estate acquisitions by Russians in the Dubai Emirates. Here are some compelling factors that make Dubai a highly profitable investment destination, especially in the premier real estate offerings of Sobha
UAE Golden Visa Benefits
One of the major perks of investing in Dubai is that it is a tax-free city and there are no residential property taxes. Anyone who has ever invested in foreign property and paid capital gains tax will know how big of an advantage this is.
Property investors will also want to ensure that their property is a home that others will want to lease. The tax-free environment makes Dubai an incredibly appealing place for professionals to move to and work, which in turn, provides for an ideal combination of no capital gains tax on your property and a steady demand for homes in Dubai.
The average rental yield hovers around 7% in the main areas of Dubai but can be as high as 10% in certain areas where there is strong housing demand. With bank interest loans hovering under 4% this makes investing in Dubai property attractive for professional property investors.
Experience life at 360 Riverside Crescent in Sobha Hartland II – a waterfront haven with 1 to 2-bedroom apartments showcasing breathtaking Dubai Skyline views. Enjoy inclusive connections, tranquil surroundings, and tailored amenities for a lifestyle of luxury and harmony.
Sobha One features 5 interlinked towers with sky gardens and amazing views of the city center, located at the heart of the most famous nature reserve of Dubai — Ras Al Khor. It is a protected place where pink flamingos live.