(26 June 2019)
Of all the decidedly unexpected places in the world where real estate is good value for money geographically, and a prime investment both now and going into the future, Dubai is perhaps the most impressive of them all. Often referred to as a crown jewel of the Middle East, Dubai is a grand metropolis that is set amidst the golden sands of the Arabian desert and the shimmering blue ocean that breaks off its coastline. There is something special about this place, and the ever-evolving real estate market proves that.
People invest their savings all over the world to own a piece of Middle Eastern paradise, and it is easy to understand why. With so much so readily available at any given moment, Dubai truly is the city that has it all. When considering your move into global real estate, there are three reasons why Dubai should be at the top of your list of prospects. But what are they? What is it about this futuristic paradise in the middle of salt water and mountains of sand that makes it such a wondrous place, and why should you choose Dubai as your next (or your first) global real estate movement?
Geographical awe
Dubai real estate is not only stunning in and of itself, but it is immersed in one of the most incredible places in the world. Once a small fishing town, Dubai has worked exceptionally hard to create a name for itself – and it has made quite the global statement in the process of doing so. Geographically, Dubai is a unique location that brings in people from all over the globe. There is an allure here that is somehow hard to nail down, but also impossible not to admire and respect.
Incredible value for money now
The overarching thing to remember about Dubai real estate, once you know about it, is that it is profoundly valuable, in every sense of the word. Consider this, for example: prime residential property in Dubai costs $625 USD per square foot on average, while property of the same size costs $4,251 in Hong Kong. This alone is a remarkable example of how one of the most awe-inspiring, futuristic places in the world is somehow cheaper than some of the world’s biggest tech hubs. If that is not great value for money, what is?
Additionally, Dubai has it all…from education and business, to grandeur and adventure, you will never get bored. And if somehow, against all odds, you do? You can always rent it out (another reason why Dubai real estate is so lucrative…there will always be demand).
Lucrative investment potential later
Dubai property maintenance and services are easy to keep track of along the line. This also makes the process of selling much easier if you eventually decide that you want to sell your property. With so much growing demand for real estate opportunities in Dubai all the time, you are certain to make a sale – and considering the ongoing boom the Dubai economy seems to be continuously enjoying, you are more than likely (if not guaranteed) to make a profit, and a handsome one at that.
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