Investing and doing business in Dubai - UAE
Key advantages for investing and doing business in Dubai
- The population is set to rise from 1.2 million to 4 million. Whilst traffic into Dubai is set to rise from 5 million to 15 million.
- All master planning is Government controlled so the demand to supply ratio is managed, thus maintaining strong growth & returns.
- No capital gains or income tax.
- The range of properties on offer is vast.
- The quality of build is high.
- No legal fees are required, although advice is recommended.
- The buying process is simple, with no national registration required.
- Direct flights from the UK and Ireland
- Rapid expansion and ongoing property development - Dubailand, Sports City, etc.
- Unparalleled luxury for visiting tourists - Dubai has more leading hotels of the world than any other country
- Property is cheap on an International level
- Foreign Ownership
- Shortage of supply
- Rising Building Costs
- International Business Centre
- Flexible payment plans allow payments to be deferred following an initial reservation deposit.
- Capital appreciation has risen between 15% - 25% annually.
- High rental yields on completed properties.
- With the purchase of property you are granted the right to apply for residency visas.
- 40 Billion US dollars invested by the government in Dubai Real Estate
- Important financial centre - many international companies outsourcing operations in Dubai
- High rental yields on completed properties in well located areas of between 8 - 15 %per annum
- Attractive Currency Rates
Learn more at: dubaiselect.com, dreamhomesww.com, investorsprovident.com
Dubai - Profile
Dubai can either refer to one of the seven emirates that constitute the United Arab Emirates (UAE) in the eastern Arabian Peninsula, or that emirate's main city, sometimes called "Dubai city" to distinguish it from the emirate. The modern emirate of Dubai was created with the formation of the United Arab Emirates in 1971. However, written accounts documenting the existence of the city have existed at least 150 years prior to the formation of the UAE. Dubai shares legal, political, military and economic functions with the other emirates within a federal framework, although each emirate has jurisdiction over some functions such as civic law enforcement and provision and upkeep of local facilities. Dubai has the largest population and is the second largest emirate by area, after Abu Dhabi.With Abu Dhabi, it is one of only two emirates to possess veto power over critical matters of national importance in the UAE. Dubai has been ruled by the Al Maktoum dynasty since 1833. The emirates' current ruler, Mohammed bin Rashid Al Maktoum, is also the Prime Minister and Vice President of the UAE. Revenues from petroleum and natural gas contribute less than 6% (2006) of Dubai's US$ 37 billion economy (2005). A majority of the emirate's revenues are from the Jebel Ali free zone authority (JAFZA) and, increasingly, from tourism and other service-oriented businesses. Dubai has attracted world-wide attention through innovative real estate projects [9] and sports events. This increased attention, coinciding with its emergence as a world business hub, has also highlighted human rights issues concerning its largely foreign workforce. Read more at en.wikipedia.org/wiki/Dubai
How to call UAE
1. Dial UAE country code - 971
2. Dial the city code for that phone number:
Abu Dhabi: 2
Ajman: 6
Al Ain: 3
Aweir: 49
Dhayd: 6
Dibba: 70
Dubai: 4
Dubayy: 4
Falaj-Al-Moalla: 6
Fujairah: 70
Khawanij: 58
Ras-Al-Khaimah: 77
Sharjah: 6
Tarif: 53
Umm-Al-Quwain: 6
or dial 00 to ask the long-distance operator
3. Dial the local telephone number
