How profitable it is to invest in UAE real estate

 Real estate prices in the Emirates continue to rise gradually. Therefore, many investors are making the absolutely right decision by investing money now.

Factors that directly affect the value of the object are the area, infrastructure, location and transportation. Potential buyers pay attention to these characteristics.

If you are in doubt about whether it is worth investing in real estate, it is worth exploring this issue in more detail.

The main reasons to make an investment

Today you can buy luxury apartments in Dubai at a very favorable price and use commercial real estate as a source of passive income. With a competent choice of the object, it can bring good profits.

Many fear that the net profit will be low because of the additional costs. But, unlike a number of European countries, the situation in the Emirates is much better and more stable. It is not for nothing that Dubai and the UAE have become a center of international investment. And here are some of the main reasons to think so:

• High rental income. Apartments are among the properties that are most popular when it comes to renting. Apartments can bring their owners about 10-13% per annum. For comparison, in the UK this figure does not exceed 10%. Most often it varies in the range from 4 to 8%;

• Payment per year. Usually the rent is paid for each month. In the Emirates there are rules according to which payment must be made a year in advance. It is possible to divide this contractual cost into several payments. Usually it is 1-4 bank checks. The advantage of this scheme is that the owner of the apartment can immediately receive a large amount. This allows you to invest in new investments, or to repay part of the loan for the purchased housing;

• No income tax. Individuals in the Emirates do not have to pay income tax. This applies to the income that the investor receives from renting apartments and other real estate;

• No commission for agencies. Usually, the owner pays for the services of the company that handles the rental of his property. This looks in the form of a fixed monthly payment or a percentage of the cost of renting housing. But this is not practiced in the Emirates. This allows you to save a significant amount of money, receiving a large passive profit from owning real estate.

Of course, buying an apartment opens up another key opportunity - obtaining a long-term resident visa in the Emirates. This requires the purchase of at least $200,000 worth of real estate. The visa provides many additional opportunities, including medical care, children's education, obtaining a driver's license and so on.