Britons prefer Dubai as their second*home because it is one of the fastest emerging cities in the world. According to recent research, more than 100,000 Britons have purchased homes in Dubai since 2002.
British real estate investors are quite interested in investing in Dubai real estate market because of its tax-free status, brilliant services, enviable lifestyle and more importantly low crime rate.
Sunny weather all year long is also the pivotal factor behind popularity of Dubai real estate among British investors. It is worth mentioning in this regard that in UK chilly and damp conditions is the order of the day especially during winters.
Individual houses
Most of the UK residents prefer living in individual houses [attached or detached] in Dubai. When buying house in Dubai, British investors also look out for a small garden where they can organize tea party and children can play a bit. According to media reports, it doesn't really matter for British people whether their house is situated in a beach front or a desert.
Disposable income
Dubai real estate market is tailor made for real estate investors who possesses disposable income. This is because of the simple reason that there is an increase of around 15 to 20 per cent in terms of capital appreciation in Dubai. If experts are to be believed, the overseas home market of Dubai has matured tremendously. Few years back, Dubai was widely been regarded as the ideal Investment for speculators interested in getting fast profit.
Rental yields
This is not the case anymore because current market trend are only suited to those investors who are interested in owning a home or investors who want to cash steady investment returns through resale market and high rental yields on finished properties. Rental yields in UK are around three to four per cent annually, which is quite low as compared to the seven to ten per cent of Dubai. Taking this into account, there is hardly a surprise that most of the Britons prefer Dubai as their second home.
Conclusion
This trend of Britons preferring Dubai as their second home is going to continue in the coming years especially after the introduction of Freehold Property Law in 2006. Freehold Property Law allows non-GCC citizens the right to buy freehold properties in designated areas of Dubai.
Hey your site is really great I came across while in search for brand info on bing and it has lots of related information on it. Will be sure to come back again and bookmark. Keep up the great work!
ReplyDeletewww.fadeplex.com
I totally agree with what you said here in your post about Dubai. I've been once visited this city and found out that there are so many foreign people chose to live in this place. Me myself also amazed with the beauty and the culture of Dubai and I think that's the reason why Brits and other raises want to live there.
ReplyDeletehttp://www.laytonhomes.com
nice thoughts for your good work.this will be very informative and useful to us.
ReplyDeletedave lindahl
You can buy or sell or rent various commercial spaces, lands, rooms on monthly rent, multiple units for sale, residential units for sale or rent, short and long terms of living or commercial space son for rentals as well. properties in abu dhabi
ReplyDeleteDubai is such amazing and beautiful place in whole world. You share best details and image of dubai property and infrastructure. Its too good.
ReplyDeleteMortgage Club
Every one wants to buy a luxurious home to live. People wants every facility in affordable rates. There are many real estate agents who can provide you a best home in affordable rates. For more info you can Visit Our Site .
ReplyDeleteA journey of a thousand miles must begin with a single step.".
ReplyDeleteFlights to Abidjan
Cheap Flights to Abidjan
Cheap Air Tickets to Abidjan
the post is telling why real estate properties are rising. Know all about it
DeleteSky Miltonia
I think the best place to invest your money in Dubai's property.
ReplyDeleteLocate in Kent
commercial property dartford
Nice post. Thanks for sharing.
ReplyDeleteBrian Linnekens
Great post! I’ve been trying all the above advice and, little by little, it seems to work!
ReplyDeleteThanks again for posting!
Real estate property
Very nice, thanks for the information.
ReplyDeleteAnna @ sewa mobil jakarta
Great and very useful post for all. Thanks for sharing with us.
ReplyDeletecommercial property ashford
Is your Real Estate Investment REAL?
ReplyDeleteFind out the REALITY about your dream home! Check the current construction status and the issues surrounding your property at Real Estate India.
You can know why the Dubao real estate properties are so good. Know details from here
ReplyDeleteRES
Excellent content - as you always provide and inspire me to come again and again. You are on my RSS reader now.
ReplyDeleteAlso, there comes a root valuable to heighten your altitude at realty bazaar is at present the sole prospect to the investment.
Herein, I am to drive you direct to the space of beneficial as well as space to living by:
Link : Ramprastha Builder
http://www.comehomeindia.com/ramprastha-builder
Phone to tune in: +91 9811 999 666, +91 011 4950 0000.
Not just Britons I guess, but Dubai is the most urban part of the world for residents from all over the world. It is expensive one, but it offer best opportunities to natives and foreigners.
ReplyDeleteproperties for sale in north london