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One of the basic goals in life for us is to obtain suitable housing, either for living, as a second residence we use on holidays or vacations, or for investment, the United Arab Emirates is the right place for all these options.
Real estate prices in the United Arab Emirates are also considered cheap compared to other markets, as a result of the availability of many offers and competition among real estate developers, and thus a positive point for clients who are seeking to buy one or more properties in the United Arab Emirates, with many real estate brokers available to inquire about anything in this regard, for example, but not limited to: White & Co Real Estate, Abdulla Alsaffar real estate, Springfield Properties, and so on.
Reasons for the prosperity of the real estate market in the UAE:
1- Safety and security in the United Arab Emirates, The UAE enjoys a high level of safety, which makes it the right place to settle.
2- Strategic location: Its location makes it easily accessible from anywhere in the world.
3- Advanced infrastructure: which makes transportation and daily life easy.
4- Economic stability: which makes the UAE a country of opportunities for those aspiring to a better future or wishing to open their own business with zero taxes.
5- Supporting the UAE government to attract investments: through laws that facilitate investments for foreigners, including, for example, the establishment of the Dubai Financial Services Authority (DFSA) to control real estate development companies in a way that protects customers wishing to buy a property in Dubai and all of the UAE.
Real estate law in UAE:
The law allows foreigners of various nationalities to own real estate, as well as facilitating purchases in instalments with the possibility of inheritance in Dubai and the rest of the other six emirates.
The UAE government has issued legislation and laws to guarantee the rights of customers wishing to buy a property in the UAE.
For example, a Dubai rest application was issued to verify the credibility of the real estate developer and to ensure that if the property is under construction, the purchase process is guaranteed according to the law.
Real estate market in UAE:
The United Arab Emirates has one of the best real estate markets in the world, Real estate investment is one of the safest areas of investment compared to other fields, such as cryptocurrencies, for example.
The Dubai market is considered the largest real estate market in the Emirates, but the rest of the Emirates have a world-class real estate market, such as the capital, Abu Dhabi, and others.
The UAE real estate market has succeeded in uniting the world, It made David Beckham and Shah Rukh Khan neighbours, each of them owning a house on the same street in the city of Dubai, witch located on the largest artificial island in the world, Palm Jumeirah, in addition to many other celebrities like Brad Pitt and Angelina Jolie, Giorgio Armani, and so on, In addition to billionaires, businessmen and investors from all over the world who came from all over the world to buy a property in the United Arab Emirates, this made Dubai the first city in the world in the luxury real estate market.