The real estate opportunities in the Dubai emirate have always been one admired choice amongst Indian investors, a fact shown by their growing acquisition outlay and particularly building second homes in Dubai.
The day isn’t distant when the emirate would position itself as a second home for a huge part of Indian citizens. Considering the increased acquisition levels of Indian citizens in Dubai, which is rapidly turning into a reality! Dubai quickly realized Indian population evolving as the major real estate investor who is fascinated by its efficient governance, economic growth, business prospects, world-class infrastructure, great life quality, welcoming local community, acceptance of Cryptocurrency, given zero-tax revenues, and ready property for sale in Dubai.
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Over the years Dubai has shaped many guidelines and passed variations to allure FDI in the nation to expand its real estate market. Furthermore, the Middle Eastern nation introduced prime reform to its residency (introducing Golden Visa) and entry system. As per the new guidelines, the acquisition limit has been decreased from the last high of AED 5 million to AED 2 million. And clearly, this drastic cut has spread to a large spike in the real estate market in Dubai and is anticipated to boost the country’s total desirability as a worldwide spot.
The emirate offers an average rental yield of 7%, which is far ahead in comparison to other worldwide cities. Which has conventionally been one of the largest motivators for Indian investors to purchase Dubai real estate.
Even the property prices in the emirate have witnessed a prime bump this year with residential properties considering a growth of more than 10%. As we know currently cryptocurrency is a popular mode of payment around the world yet in India, we can’t buy a property through cryptocurrency, but here in Dubai Master developers such as Damac, Nakheel, Emaar, FAM, and other popular developers are accepting crypto payments to buy property. This sounds like brilliant news for those who want to buy a property through a crypto payment mode.
Indian investors are highly leaning towards Dubai's capital preference and the currency pegged to the US dollar. The point that currency has largely been unaffected by foreign exchange activities is a significant advantage for Indian investors, specifically amongst HNWIs and UHNWIs. The best villas in Dubai for sale are even sold according to carpet spots, in contrast to the constructed location procedure in most Indian cities.
Therefore, Dubai is rapidly attracting an inflow of Indian capital towards its flourishing real estate market. Maximum investors are considering its attractive real estate sales in Dubai, which is why investors always look for an esteemed and trusted real estate agency in Dubai to bring a great deal in the property sale procedure. The investor unit contains not just Indians residing in India but currently working in the UAE.
According to professionals, Dubai's proactive guidelines and proficient government management, along with almost NO crime rate are prime temptations for Indian investors. They have highly valued the development of massive infrastructures in Dubai as well as seamless vaccination coverage.
A short distance of 3.5 hours by air between Dubai to Mumbai is a bonus and makes it easy-going and accessible for Indian citizens seeking a second home in the emirate. There is absolutely no comparison to the quality of life in several other cities across the world.
Apart from this abundant population of Indian migrants, diverse choices in terms of food and recreation, as well as cultural similarities make this a win-win situation. If Indian investors are looking to invest in real estate property in Dubai then MIVA real estate agency in Dubai which is one of the leading, preferred and most trusted agency is ready to guide and help you get the finest deals possible in the current market. MIVA offers you India to Dubai air tickets and a three-day luxury homestay till the end of the year.
So, BOOK YOUR TICKETS NOW.
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