The world’s eyes are strained on Dubai where even the most incredible is becoming possible. Man-made islands, building of a new coast-line, the world’s tallest habitable tower, new parameters of leisure water-front living, the world’s largest mall, a rotating tower….the list is seemingly endless.
Often described as a city of contrasts, Dubai offers a fabulous cosmopolitan lifestyle with an understated elegance. There are attractions galore for the visitors: sunny beaches, five-star services, legendary hotels, vibrant shopping centres and gleaming skyscrapers vie with the traditional dhows and ancient souks. Where else can a tourist experience everything from large state-of-the art leisure and retail malls to sandy beaches, turquoise waters, lush green parks and the enduring tranquility of the desert, all in a single day of sightseeing. In business, the government of Dubai is dedicated to liberal and free market policies and to the creation of a business environment conducive to commercial activity. This is well illustrated by the incentives available to investors at the Dubai Airport Free Zone, Dubai Cars and Automotive Zone, the Gold and Diamond Park, Dubai Internet City, Dubai Media City and Jebel Ali Free Zone and also in the latest projects like the Dubai Healthcare City, Dubai International Financial Centre, Dubai Investments Park, Dubai Multi Commodities Centre, Dubai Silicon Oasis and the Mohammed bin Rashid Technology Park among others.
With Dubai being one of the fastest growing cities in the world, Dubai Waterfronts aim to bring you the best investment opportunity in Dubai and the UAE
Why invest in Dubai:
• It is a TAX FREE country – no income, capital gains or inheritance tax.
• It is one of the SAFEST PLACES TO LIVE with less crime comparing to all other countries 100% freehold ownership with many of the Dubai developments Resident Visa available with most property
• Liberalisation of real estate sector - expatriates can now own property. Hotel occupancy around 85% on average
• Rental has exceeded 20% in some highly sought after areas. Averaging between 8% and 20%.
• Dubai property prices are low compared to those in the UK and popular European countries where markets are at all time highs
• There is no stamp duty, legal fees or survey costs involved in buying freehold property in Dubai - apart from a 1.5% land registry fee on completion
• Property has only recently been open for purchase by non UAE Nationals and therefore many investors view there to be a huge potential for growth in the Dubai property market
• With the current level of exchange rate, the value for money in Dubai compared to many other global property prices is second to none.
• Capital growth is likely to average in excess of 25% per annum With year round sunshine the temperatures rarely falls below 20°.
• The population in Dubai is very cosmopolitan with over 85% of residents being expatriates There is a superb choice of restaurants offering international cuisine to suit all budgets.
• Dubai has a fantastic range of bars and nightclubs and with an ever-increasing number of internationally renowned stars appearing live in the city, the nightlife offers something for everyone.
• Attractions that will attract 40 million tourists a year Over 65million passengers expected through the Dubai International Airport
• Passenger numbers up by 14.1% in 2005, with freight cargo up by 20%.
• New Jebel Ali International Airport will cover over 14km sq and a capacity to handle around 120 million passengers and 12 million tonnes of cargo. Construction started 10 years ahead of schedule, due to demand!
• Dubai is a city which offers amazing choice of activities for both adults and children There are over 47 shopping malls that offer many high street brands as well as designer outlets from around the world
• Superb beaches and water sport facilities The tallest tower in the world; Burj Dubai The largest man-made islands known as The Palm Jumeirah and The Palm Jebel Ali, The Palm Diera, making them the most sought after leisure destinations in Dubai.
• The biggest mall in the world; Mall of Arabia A real estate market that pumps more than a billion Dirhams on a monthly basis.
• The first “Bubble city” in the world; a suspended architectural marvel stationed 200 meters above the ground.
• The first underwater luxury hotel resort; “Hydropolis” providing an unforgettable ambience.
• Dubailand, soon become the biggest, most varied, leisure, entertainment and tourism attraction on the planet. Dubailand is an innovative, awe-inspiring development, divided into six themed worlds and
comprising over 200 individual projects, Dubailand will feature state of the art sporting facilities, theme parks, eco-tourism resorts, museums, galleries, spas and stunning shopping and recreation venues.
• Great value - land and building values are fundamentally cheap when compared to international prices.
• Conducive lifestyle - a safe & virtually crime-free environment, a cosmopolitan and international lifestyle, a tax haven, and a tertiary home for international property buyers.
• Robust economic growth: Dubai's GDP grew 12% from 2003 to 2004.
• Robust population growth - 8% p.a. – from 1Mill to 3 Mill by 2010.
• Dubai is the Middle East centre and hub for all trade, finance, land-sea-air logistics, property, leisure, entertainment, retail, IT, media, education, and medical activities.
• An open, welcoming & tolerant state with investor friendly business policies TECOM - Microsoft, CNN, IBM, Intel, Cannon, Fox News, ARY, Reuters Kodak, Agfa; DHCC -Johnson &
Johnson, AstraZeneca; DIFC: Standard Chartered, KPMG, PWC, Morgan Stanley, Meryill Lynch, etc.
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