The United Arab Emirates have been creating significant impression around the world as it was receiving attention for more than just being one of the most visited tourist spots. The UAE ranked 29th globally and continues to be the most T&T competitive country in the world. The region is also promoting real estate investors as it is one of the best places to live in the world.
More than just a beautiful place, UAE is portraying a safe and promising country for families and businesses alike. This approach is certainly paying off as the investment opportunities are inviting attention globally. When we analyse the flow of Investments to the country, ex-pats & foreign investors are leading the table. The investments are growing exponentially and the pace of UAE development is imparting more confidence among the investors.
So what exactly favours UAE among the investors? And why should you never miss a chance to invest in UAE!
1. The Tourist Hub Of The World
The number of tourists visiting the UAE is significantly rising every year. This implies the increase in the sales of the services catering to the tourists which include residential apartments, food, clothing, tourist attractions/spots, etc. Businesses in the UAE have already started providing services focusing specifically on tourists. The opportunities are becoming endless in UAE because of the rapid development in the region. The warm welcome of the UAE towards investors is also one of the reasons why they are showing interest in investing in the UAE.
2. Very Low Crime Rates
UAE is one of the safest countries in the world, for both tourists as well as residents. Abu Dhabi is named the safest city globally for the fourth time this year, leaving behind cities like Tokyo, Munich, and Vienna. The strict laws and security measures taken by the government make it a place where people could walk free even at late nights without fearing any sort of crimes.
The safety of a place is important for investors as having investments in a place with high crime rates carries various risks. The continuance of the UAE government gives investors’ confidence in their investment.
3. The Real Estate Market
The residential and commercial market is showing a sustained increase in transaction volumes every year. The property developers in the UAE are in getting ready to further explore the scope of real estate in UAE. The recent approvals to ease visa and foreign business ownership regulations, allowing 100% on-shore business ownership for 122 activities across 13 sectors, are also expected to bring additional demand for the real estate sector in UAE.
In essence, investors now have a golden opportunity in investing in UAE’s real estate market. Since the land prices are rising, the returns that you can expect in a few years’ periods are well worth the initial capital. The UAE government has already sketched quite a remarkable roadmap for the future of the country. There are impressive efforts made in different fields for the development of the country. When the government makes such grand plans and follows up on it every time, investors can put their money on the table confidently.
UAE is a great place for investing, and the possibilities of the future make it more exciting. If you are an investor looking for guidance to start a business in UAE, consult our experts for the quick & easy solution.