Why Dubai is a secure property investment.

What makes Dubai property investment a sound decision?

For starters, Dubai real estate has held a strong postion despite the market slowdown. Secondly, Dubai’s status as a top commercial and tourism hub is growing in strength, the market is maturing, there is a strong appeal amongst international investors and the government is spending millions on funding of major infrastructure projects in time for Expo 2020. Recent data from the Dubai Land Department shows that GCC investors comprised the largest Dubai property investor segment in 2015, spending AED 44 billion. The majority of this spending comprised of Emiratis, who spent AED 26 billion followed by Saudi nationals, who spent AED 10 billion last year.

With Expo 2020 just around the corner, Dubai will be welcoming 25 million additional visitors for the six-month mega event. As the prep for Expo 2020 picks up, a significant rise in demand for residential and commercial Dubai property investment is anticipated by investors worldwide, in addition to a significant rise in the number of jobs.

The huge appeal of Dubai property investment can also be seen in the fact that over 150 nationalities invested in Dubai property last year. Furthermore, investors can expect rental yields at an average of 7 percent – which is very attractive when compared with cities such as Hong Kong which offer yields at around 2 to 3 percent.

After the Expo 2020 bid, Dubai has won the bid to host the 69th World Real Estate Congress in 2018, an event expected to attract over 1,000 real estate professionals from all over the world. Experts anticipate that the World Real Estate Congress 2018 will strengthen Dubai’s economy through attracting visitors resulting in inward property investment into Dubai from across the world.

While global locations such as London and New York continue to remain popular real estate destinations, Dubai property investment has captured the attention of the region’s wealthy and continues to have a mass appeal. The reason being that UAE continues to provide secure and viable investment opportunities for foreign investors, who are seeking long-term wealth preservation and attractive returns.

Additionally, Dubai offers a wide range of property investment options – from very affordable to the most expensive addresses in the world. While oil prices continue to remain low, Dubai property market’s improved regulatory environment, increased maturity and a well-diversified economy are indicators that the market will eventually turn things around on its own, leading to sustained confidence amongst investors.