How Dubai property prices compare with global realty
Dubai, a city in the heart of the United Arab Emirates (UAE) is widely known for its skyscrapers, infrastructure, and its lively and luxurious nightlife. Dubai is thoroughly blessed in abundance in terms of palatial properties and majestic apartments. Keeping aside all the splendid properties, Dubai is by far one of the least expensive places to reside and call it home. These are the benefits of property investments in Dubai: With a significantly reasonable property price, it is one of the most rewarding locations in terms of returns. Properties in Dubai are comparatively cheap, with a 0% tax on property purchase and filing income returns. Dubai is one of the safest investment destinations with an amazing environment and an infinite summer. Consistent growth and innovation has been evidently witnessed in Dubai. Dubai followed by Abu Dhabi is one of the most desirable places to invest and purchase properties by investors globally. Dubai avails property buyers an eligibility to gain a resident visa dependent on purchase. This lively modern city of the United Arab Emirates, known for its casinos and luxurious lifestyle is an emerging upcoming hotspot for investing in the whole of the middle east. Even though the prices in Dubai’s prime real estate locations are going through the roof, investors are still eager to embark in this city. Investors get an average of 8% yearly return on properties and as per experts, the real estate value will rise quickly giving you better future returns. According to the Global Real estate index, Dubai’s real estate is fairly priced as compared to the housing markets of Asia, North America and Europe. With a 34th ranking on the latest global ranking of property hotspots, Dubai’s average cost is one of the lowest as compared to other prime destinations across the world. The average cost in one of the luxurious tourist destinations is approximately USD$8,400 per square metre and is one of the best places to invest to reap long-term benefits. With numerous ongoing changes evident in the real estate world, which has led to changes in the economic policies of these gulf countries in terms of properties and investments. The market of Dubai property is vividly different from that of other destinations, making it highly essential to be accompanied by professionals. Krypton Global Investments, a team of real estate advisors dedicated to providing you the best investment property deals along with expert assistance. Credit: Gulf News
World’s most powerful passports during the pandemic
World’s most powerful passports during the pandemic According to recent reports, here are the top 10 countries which have the world’s most powerful passport. The report is based keeping into account the mobility and travel restrictions considering the ongoing pandemic situation. New-Zealand – This country is popular for its lush green landscape has emerged as the most powerful country in terms of passport all across the globe. Passport holders of New-Zealand have a visa-free journey to up to 129 destinations worldwide. Japan –A country known for its tea ceremonies and heritages ranks second on the list of the most powerful passports giving holders easy, free visas to 128 countries. The second spot is also shared by countries like South Korea, Luxembourg, Switzerland, Germany, Austria, Australia, and Ireland. Spain, Sweden, Belgium, France, Finland and Italy – These countries are the most popular exotic tourist places all across the world enriched with culture, architecture, and art enabling access to 127 countries. These countries are also included in top destinations that tourists love to visit. The United Kingdom- Along with Lithuania, Norway, Iceland, Canada, Netherlands, Denmark, Portugal, ranks fourth worldwide giving visas to 126 counties. Malta, Latvia –These European countries are known for their heritage, share their fifth position with Slovenia. These countries give their passport holders to travel access to over 126 countries all across the globe. Greece – With a hassle-free journey to 124 destinations, Greece with the citizens of Hungary, Czech Republic, Estonia, etc, share the sixth position in the world’s most powerful passport list. Slovakia – A country located in central Europe known for its mountains and ski resorts and beautiful old castles and historical churches, gives its citizens travel access to 123 destinations around the world with a seventh ranking position. Croatia – This country shares its borders with Slovenia, which in itself is an amazing travel destination with beaches that changes water according to the weather. With an abundance of ancient ruins and artifacts, a citizen of Croatia along with the citizens of Cyprus and Monaco with 121 visa destinations. Bulgaria and Romania – These countries are abundantly blessed with landscapes, terrains, hot springs, accompanied by deep-rooted traditions and cultures and Traditional pottery and kitchenware, etc. These countries are emerging as top travel destinations, giving its citizens travel and visa access to 120 countries. Uruguay and San Marino –These countries with mostly Christian habitats are one of the prominent emerging countries post the world war. San Marino is known worldwide as the world’s oldest surviving republic and Uruguay ranks first in Latin America for peace, democracy and low perception of corruption . These countries give their citizens a hassle-free journey to over a 115 destinations. Get in touch with Krypton Global Investments to know more about our citizenship by investment and migration services. We aim at providing you the best solutions.
Understanding the Impact of High Rents – Key Insights for Renters and Investors
The surge in rental prices isn’t just about supply and demand—it reflects larger economic trends, housing policies, and investment dynamics. High rents serve as a key indicator of the overall health of the property market and the economy. Let’s delve into what high rents signify and why they matter. High Demand for Rental Properties One of the main reasons for high rents is the increasing demand for rental housing. This demand arises from: Population Growth: Growing urban populations drive the need for more housing. Migration Trends: Expats and internal migrants seeking rental properties heighten competition. Changing Preferences: Many individuals now prefer renting over buying due to affordability and flexibility. When demand surpasses supply, rents rise. This often leads tenants to ask, how much can my rent increase. Limited Housing Supply A lack of available housing is another driver of high rents. Supply shortages stem from: Construction Delays: Slow or stalled projects reduce available housing. Regulatory Barriers: Zoning restrictions and bureaucratic hurdles delay development. High Development Costs: Rising material, labor, and land costs make new housing less viable. This imbalance creates a competitive market where renters wonder how much is too much rent increase. Economic Growth and Stability High rents can also reflect a thriving economy. Indicators of this include: Rising Incomes: Higher earnings enable tenants to afford premium properties. Business Growth: Expanding industries attract more people to key cities, increasing housing demand. While economic stability can make a country’s property market appealing to investors, it also explains why is rent so high in certain booming regions. Attractiveness to Investors Elevated rental prices often capture the interest of property investors. This trend has several effects: Increased Investment Activity: High rental yields attract investors, tightening supply further. Luxury Development Focus: Investors fund premium properties, leaving a gap in affordable housing. This dynamic drives rental price increases, influencing how much rents increase across competitive markets. Inflationary Pressures In some instances, high rents are a reflection of inflation. This happens when: Rising Living Costs: Landlords adjust rents to match increasing utility, maintenance, and other expenses. Economic Inflation: Broad price hikes across industries directly impact rental affordability. Inflation highlights the ongoing challenge of balancing market growth with affordability, prompting concerns about how much can my rent increase. Foreign Investment and Expat Demand Countries with high levels of foreign investment and expat populations often experience high rents. Here’s why: Luxury Housing Demand: Expats and international corporations seek high-end properties in prime locations. Competitive Markets: Foreign investments reduce the availability of mid-range and affordable rentals. This trend is particularly common in global hubs, where renters frequently ask, why is rent so high. The Bigger Picture While high rents often signal a dynamic and prosperous property market, they also underscore challenges like affordability and sustainability. Addressing these issues requires a balanced approach: Affordable Housing Initiatives: Offering diverse housing options that cater to all income levels. Regulatory Reforms: Streamlining processes to encourage housing development. Strategic Long-Term Planning: Balancing the needs of investors, residents, and the economy. Final Thoughts High rents may reflect economic growth and investor confidence, but they also call for sustainable housing solutions. Achieving this balance is essential for fostering a stable, inclusive property market. Watch our video to learn more about the Impact of High Rents and their role in reshaping the global real estate landscape.For further insights, visit our blog today!
“Citizenship by Investment” – your gateway to top global destinations
“Citizenship by Investment” – your gateway to top global destinations “Citizenship by Investment” offers a very viable balance between a new life in a new country and economic stability in this new life situation. So, what exactly do you mean by citizenship? Citizenship, is an implied relationship between an individual and a country/ nation to which the individual owes allegiance and in turn is entitled to its protection. In general, full political rights, including the right to vote and to hold public office, are offered to a citizen and in turn the citizen carries the usual responsibilities of citizenship such as paying taxes, honoring the country and in some cases military service. Investing in overseas real estate has been one of the most popular ways of acquiring citizenship in Countries across the world. “Citizenship by Investment” is a process of acquiring rights and have access to obtaining the passport of the country by investing money in their economy. But why do people INVEST in properties to become a citizen? Citizenship can be for many different reasons but it opens a new path for embarking new areas. It provides a sense of security and enables global and tax mobility! Benefits of having citizenship by investment There are tons of benefits of availing or obtaining citizenship Availing services- The individual can avail all the benefits that a normal resident receives, like healthcare and education. Voting rights- You get the opportunity to cast your vote and elect the representative of your choice. A better lifestyle – You get all the benefits and as an investor can avail of a good, peaceful life and luxurious life. Job opportunities- You get access to more business and job opportunities according to your choice and talents. Return on investment- Investing in top global destination, provides a better rate of return and enables long-term benefits. How to become a citizen in top global destinations through investments. Every country according to its law enforcement has a set of requirements that are highly required to become a citizen. It is different and varies across countries. Say, for example, to become a US citizen, an individual is required to apply for the investor program visa and fill an N-400 form, where an immigrant visa is issued to an investment amount of $1.8 million and above where in other countries, they have a different regulation. Usually, citizenship is granted within a tenure of 3 – 4 months UPTO 5 OR 6 YEARS depending on the law and regulations of the host country. Here are some points which are common in almost every country, which makes you eligible to become a citizen by investment. Age- The age of the investor must be above 18, i.e. he must be legally allowed to invest in properties and should be of sane mind. Health- There’s always a health check even before granting a visa, some programs do require medical and health proof, but it most and foremost depends on the country. Criminal records- The individual investing must have a clean criminal record. It is also one of the major factors of why citizenship gets canceled. Financial records- As important as having clean records are, you need to submit all your source of finance to invest and also pay tax. Residence- The investor should be a frequent physical visitor at the permanent registered residence.
Decoding International property in post covid times. Why Diversification is required?
Amidst the global pandemic and the uncertainty of the future, Indian investors are seeing an important opportunity to capitalize on earnings and diversify. As with any new investment strategy, we advise investors to go with a tried and tested solution in new markets and what better than real estate, which has time and again been a proven asset class to tide over a crisis. Interestingly there has been a major focus on international real estate and it is seen as an avenue to consolidate wealth, diversify assets and earn a good yield. In the current scenario of a downturn in economies globally and the negative earning potential, real estate assets are plum picking in a majority of countries and hence getting increasingly popular with the UHNWIs. Diversification in a timely manner allows investors to tap into a higher growth potential, expand their asset portfolio and embrace a global lifestyle. Market volatility and currency swings also make investing in real estate globally a much more viable and lucrative option. Although investment into real estate has fluctuated over the years through various downturns, the overall trend has been for higher allocations to real estate, and there seems to be no reason for this trend to reverse. Real estate continues to offer good risk-adjusted returns that are less correlated to other asset classes. Now more than ever this portfolio diversification advantage of real estate investments is emphasized as this is a period of increased volatility in the equities and commodities markets. Finally, the spread between International real estate yields and other domestic investments yields like govt bonds, mutual funds, equities etc remains at levels that more sufficiently reward the real estate investor. Given this, it is expected that we will see continued flows (and potentially an increase) of capital into real estate over the medium to long term. Want to know more about international real estate investments? Krypton Global Investments is a one-stop solution for you. We provide expert consultation on international property investment & also provide migration services. Don’t wait. CLICK HERE for Free consultation.
Types of Visas Available in UAE
UAE Property Market continues to attract investors from all around the world. World-class infrastructure, flexible visa rules and promising rental yields are some of the main reasons why UAE always rules the roost when it comes to real estate investment. If you are also planning to invest in property in UAE and are wondering which type of visa you can possibly apply for, read on below to get a clear idea of your eligibility for property visa: 2-YEAR RESIDENCE VISA FOR PROPERTY INVESTORS If you are planning to invest a minimum of AED 1 million or more in a freehold property like the one in Madinat Jumeirah living, Emaar Beachfront or any other freehold community, you will be eligible to apply for a 2-Year Residence Visa which you can easily renew – with the condition of maintaining the ownership of the property. The best part is that you can obtain the 2-year residency visa, irrespective of the emirate you are investing in as it is applicable to all the seven emirates in UAE. 5 Years-UAE-Visa5-YEAR RESIDENCE VISA FOR PROPERTY INVESTORS Applicable to all the seven emirates in UAE, the 5-year residence visa can be obtained with an investment of AED 5 million or more in a freehold property. The good news is that the visa is renewable – with the condition of maintaining the ownership of the property. 5-YEAR RETIREMENT VISA FOR PROPERTY INVESTORS This year onwards, UAE ex-pats aged over 55 years will be able to obtain a 5-year retirement visa – according to an official Govt. announcement. The announcement has received a lot of appreciation from the ex-pat community as this would allow them to retire in a city they call home. Applicable to ex-pats aged 55-years old or above, the 5-year retirement visa can be obtained if you make a property investment of AED 2 million or have savings worth AED 1 million or have a monthly income of at least AED 20,000. The retirement visa is renewable if you continue meeting the eligibility criteria. 10-YEAR RESIDENCE VISA FOR PROPERTY INVESTORS If you are making a public investment of AED 10 million or more in any of the seven emirates in UAE, you will be eligible to apply for a 10-Year Residence Visa. The investment should be held and not sold for at least 3 years and at least 60% of it must be a non-real estate. Both the two year property investor visa and the six month renewable visa will require the following documents: Title Deed on the property Passport copy of the applicant Current visa status/copy Passport photos (x6) Certificate of Good Conduct (from Dubai Police) Bank Statements Utility Bill The emirate has always been a hot market for investors from all over the world due to strong capital appreciation and high rental yields. Now that you know the visa options you have, it is time to start considering a property purchase in Dubai!
Top Areas to Invest in Dubai Real Estate
Dubai has emerged as one of the most sought-after global real estate markets, attracting investors from all corners of the world. Known for its iconic skyline, luxury living, and tax-free benefits, Dubai continues to deliver outstanding investment opportunities, fueled by its economic growth, innovative developments, and investor-friendly regulations. Whether you’re looking for high rental yields, long-term capital appreciation, or lifestyle investments, Dubai’s dynamic property market has something for everyone. It truly stands out as the best real estate investment in Dubai. As an experienced real estate consultant with a pulse on the global market, I want to share the top areas to invest in Dubai real estate that promise solid returns and exceptional living standards. Let’s explore why to invest in Dubai real estate for long-term growth and unmatched luxury. 1. Dubai Marina Dubai Marina remains one of the hottest investment destinations. It is a vibrant waterfront community surrounded by stunning views, luxury yachts, and a world-class lifestyle. Why Invest? High rental yields, strong demand from expatriates and tourists, and a wide range of luxury apartments. Ideal For: Investors looking for premium apartments and steady rental income. 2. Downtown Dubai Home to the iconic Burj Khalifa and The Dubai Mall, Downtown Dubai is the heart of the city. It’s a magnet for luxury buyers and high-profile tenants. Why Invest? Central location, unmatched luxury, and year-round tourism drive demand. Ideal For: Investors seeking ultra-luxury properties with appreciation potential. 3. Business Bay As Dubai’s business hub, Business Bay offers an excellent mix of residential and commercial spaces, perfect for professionals and investors. Why Invest? Competitive prices, strategic location near Downtown, and growing rental demand. Ideal For: Those looking for modern apartments and affordable entry points in a prime location. 4. Palm Jumeirah Palm Jumeirah is a man-made wonder and a global icon, offering waterfront villas and premium apartments with unparalleled views and lifestyle. Why Invest? Exclusive properties, luxury living, and high demand for holiday homes and rentals. This is undoubtedly one of the best real estate investment in Dubai opportunities for those seeking exclusivity. Ideal For: High-net-worth individuals seeking opulent waterfront investments. 5. Jumeirah Village Circle (JVC) JVC has emerged as an affordable yet upscale community with modern apartments, villas, and townhouses that appeal to families and investors. Why Invest? High rental yields, family-friendly environment, and attractive pricing. Ideal For: Investors seeking affordable options with strong rental returns. 6. Dubai Hills Estate Dubai Hills Estate is one of Dubai’s most popular master-planned communities, featuring villas, apartments, and a stunning golf course. Why Invest? Prime location, green landscapes, and increasing demand for luxury family homes. Ideal For: Investors and end-users looking for serene, modern living with great amenities. 7. Arabian Ranches A preferred location for families, Arabian Ranches offers spacious villas with a peaceful suburban lifestyle. Why Invest? Strong resale value, high-quality infrastructure, and family-oriented amenities. Ideal For: Buyers looking for luxury villas with a focus on community living. 8. Dubai Creek Harbour As an emerging waterfront destination, Dubai Creek Harbour is poised to become the future of Dubai’s real estate landscape. Why Invest? Affordable luxury, waterfront properties, and significant appreciation potential. This makes it a prime choice for the best real estate investment in Dubai. Ideal For: Investors looking for early-stage opportunities in a future mega-destination. 9. Al Barsha South Al Barsha South is quickly growing as a preferred residential area for families and professionals, offering great connectivity and modern housing. Why Invest? Reasonable prices, central location, and proximity to major landmarks. Ideal For: Affordable long-term investments with rising rental demand. 10. Emaar Beachfront Emaar Beachfront is a premium coastal development offering luxury apartments with stunning views of the Arabian Gulf. Why Invest? Prime beachfront location, luxury amenities, and high tourist demand. Ideal For: Investors seeking premium holiday rentals and waterfront living. Investment of the Month Exclusive Properties Tailored For You Luxury Apartments in Mohammed Bin Rashid City Starting Price: AED 950,000 Payment Plans:10% upfront, balance over 5 years Key Features: Proximity to Downtown Dubai, luxury amenities, high-end furnishings. Villas in Al Furjan Starting price AED 2.5 million Payment plan: Flexible options with 0% interest Key Features: Spacious layouts, family-friendly community, excellent connectivity. Exclusive Apartments in Downtown Dubai Starting Price: AED 1.5 million Payment Plan: 20% upfront, balance over 3 years. Key Features: Prime Location, iconic Burj Khalifa views. International Opportunity of the Month Bali isn’t just a tropical paradise; it’s an emerging hub for lucrative real estate opportunities. With a robust market catering to high-net worth individuals and global travellers. Bali is a global real estate hotspot with: -High ROI: Over 20.66% annually, driven by year-round tourism. -Flexible Options: Properties starting at $245,000 with 30-year leases and VAT transparency (11%). -Quick Payback: Recover costs in 5 – 6 years, with 20% covered through rental income or resale profit. Final Thoughts Dubai’s real estate market continues to thrive, offering opportunities that cater to all kinds of investors, from those looking for affordable homes to luxury seekers and commercial property investors. With a diverse range of communities, strategic government initiatives, and continuous infrastructure development, Dubai remains a secure and lucrative destination for property investment. This clearly answers why to invest in Dubai real estate. At Krypton Global Real Estate, we aim to guide our clients to make informed decisions and capitalize on opportunities that align with their goals. The above areas represent the best real estate investment in Dubai, whether you’re a first-time investor or expanding your portfolio. Let’s explore your next investment opportunity together in this vibrant city of growth and innovation.
A Guide To Buying Your New London Home
Are you excited about buying your new London home but unsure of the steps you need to take? This general guide takes you through the practicalities and legal steps you will go through when buying your new London home. Understanding the buying process We understand that buying a new home can be a lengthy and confusing process. That’s why we have put together this simple checklist to guide you through the process of purchasing your new London home. INITIAL STAGES OF RESERVATION Reservation submitted with Krypton Global Investments sales team Once the purchase has been agreed and the reservation form has been completed, the reservation form will then be sent to all parties. Reservation fee paid Within 24 hours of reserving, you are required to pay your reservation fee*. Individual identity documents You will need to provide the following documents of the named purchasers in order to comply with the anti-money laundering requirements. Certified valid Photographic Identification for each named purchaser. Documents to be dated within the last 3 months. Certified proof of address for each named purchaser Instruct finance provider (where applicable) If you are buying your new home with a mortgage, you will need to instruct a mortgage broker or your bank. Instruct your solicitor Formally instruct your solicitor to act on your behalf and complete the relevant paperwork. Pay money to your solicitor (to be placed on account) Your solicitor will request funds to be placed on account for disbursements and searches. Legal Pack sent to your solicitor At this stage, the developer’s solicitor will send you a draft contract with a copy of the title and lease (where applicable) and any other relevant files.Your solicitor will then carry out the necessary due diligence required for the sale. AFTER RESERVATION LEGAL Solicitor will carry out required searches related to your purchase Solicitor will raise enquiries with the developer’s solicitor Draft contract finalised Purchaser review of contracts and title documents FINANCIALPlease note that the further financial steps may only be applicable for homes where mortgage offers are available prior to exchange of contracts and/or valid on completion. Full mortgage application submitted to a lender Valuation/survey booked Valuation/report received Mortgage offer received EXCHANGE OF CONTRACTS Contract signed and returned to the solicitor Initial deposit transferred to the solicitor Exchange of contracts On exchange of contracts, a binding contract is in place.When a home is being purchased off-plan then a buyer will usually exchange contracts with completion on notice.If a home is ready to move into then it may be possible to set a completion date on an exchange of contacts.*The reservation form, fee and identity documents will need to be submitted within 24 hours to confirm your reservation. What does a conveyancer or solicitor do? It is possible for you to handle the process of buying your home yourself. However, it is complicated and without expert knowledge and experience, there is the risk that you may get something wrong. Most people use a conveyancer or solicitor to do all of the necessary work for them.Conveyancing is the legal transfer of ownership of a property (in this case a new home from the developer to you) and it is usually done by solicitors or licensed conveyancers. It can involve: Carrying out local authority and Land Registry searches. Organising property surveys (although your mortgage lender may do this for you). Exchanging contracts and legally completing the sale. Which solicitor or conveyancer should you use? Using a solicitor or conveyancer that someone has recommended will give you confidence that they will do a good job.We work with a panel of experienced solicitors and conveyancers and would be happy to recommend one to you. What you need to do While your solicitor handles the conveyancing, there are other things that you may need to organise. INSURANCE FOR YOUR NEW HOME Buildings insurance covers your new home against fire, flood and storm damage. Mortgage lenders usually want to see that you have arranged buildings insurance from the date of Legal Completion.Contents insurance covers the contents of your home against fire, flood and theft. Mortgage lenders don’t usually need you to have this, but it’s very sensible for your own protection.You should also think about having personal insurance in case your circumstances change. What is the exchange of contract? Before exchange of contracts, your solicitor will carry out a great deal of administrative work. THE DRAFT CONTRACT The developer’s solicitor will draft a contract that you will eventually need to sign. Your solicitor will check that the price, deposit amount, and the title deeds (the registered property and ownership details) in the contract are all correct.They will then send you a copy of the draft contract for you to read. The draft contract may include: A property information form, which gives key property information. Copies of previous ownership documents (title deeds). A fixtures, fittings and contents form. What happens between exchange and legal completion? There is still work for your solicitor to do after contracts have been exchanged. They will carry out final searches such as Land Registry checks. They will draft a transfer document to transfer the ownership of the property to you. They will finalise your mortgage documents and arrange for you to sign them. They will make sure that the mortgage funds are available to complete the sale. What is the legal completion? This means that you become the owner of your new London home – congratulations!Legal completion takes place after the exchange of contracts and when your new home is ready to move into. Sometimes exchange and completion happen on the same day, but more often they are a week or two apart. What happens on the day of legal completion? Your mortgage lender releases the money to pay for your new home. You pay other costs, such as Stamp Duty and solicitor’s fees. Your Conveyancer or solicitor receives the title deeds for the home. Your Conveyancer or solicitor registers the transfer of ownership of the home with the Land
A silver lining amidst Crisis for international real estate investors
With the onset of the COVID-19 outbreak spreading at an alarming rate it has affected the trade and industries worldwide, which is bound to impact the demand for commercial as well as residential real estate market of India. This global pandemic has caused a lot of uncertainty and has an immediate impact of a lot of industries like tourism, retail & hospitality. As global economies slowdown, the Indian stock market has already suffered a huge crash nose-diving the investor’s sentiment. Small businesses are facing huge losses & mid & large companies are staring at COVID 19 recession. There is still a silver lining amidst Crisis for international real estate investors. While the situation looks gloomy and a lot has been discussed & analyzed over media, there is an opportunity in the crisis as well. Make informed decisions Mortgage rates around the world at an all-time low: With the economic slowdown as the crisis continues, the mortgage rate across the world is at an all-time low. If you look around and negotiate you could get a great deal. With all other avenues of investments hit badly, the real estate once again offers a safe and secure investment With markets being volatile investing in real estate as a long-term value proposition is here to stay. It is a good idea to diversify your portfolio in alternative instruments like international real estate. If you’re planning to buy a home and live there for a number of years before contemplating selling, then it pays to take advantage of what will probably be some of the lowest mortgage rates we’ve seen in years. Integration of technology is further reinstated in the current scenario by as buyers could take advantage of tools like video and virtual tours allowing buyers to view offshore listed properties from anywhere and make decisions. New online transaction platforms would add value to this process. Investors with liquidity are keen to utilize this short window of opportunity with the lowest mortgage rates seen in years and secure their asset At the lowest mortgage rates, there is a silver line for investors with liquidity to make the most of this short window of opportunity, thus securing their assets. Real estate investment has seen a number of crisis situations in the past as well but the overall trend over time has been for increased allocations to the sector and we see no reason for this to change. Real estate continues to offer attractive relative returns in comparison to other asset classes. Share on facebookShare on twitterShare on linkedinShare on whatsapp
Why Abu Dhabi is a hot choice for buying property in 2020
Abu Dhabi, the high-rise capital of UAE and the second-largest economy in the GCC is turning to be a hot choice for property buyers. Over the years, we have seen Abu Dhabi’s real estate sector grow as a key contributor to the capital’s economy. According to the Abu Dhabi Department of Economic Development, the property market has been an important asset to Abu Dhabi’s GDP and FDI, growing by 4.6% over the last five years. As a result of the proactive steps taken by the government, this has firmly positioned the emirate as a global investment hub. Opening up of the freehold market to foreign investment has exposed the real estate sector in Abu Dhabi to a whole new set of interested investors and buyers. GDP for the UAE has seen strong growth over the last decade reaching USD399 billion in FY2014, of which non-oil GDP accounts for 66%. This represents a 58% growth in GDP over the last five years and diversification away from oil-related GDP. Abu Dhabi has emerged as the cultural hub of the world with world-class facilities and an interesting cosmopolitan social and cultural mix of communities. The United Arab Emirates has a history of being a hotspot for tourists, and its capital, Abu Dhabi is right in the middle of the action. With its world-class infrastructure, beautiful locations and progressive government reforms, this richest emirate of the UAE have positioned itself as one of the world’s most preferred destinations for both investment and retirement. Abu Dhabi provides lifestyle, comfort, and luxury, perfect for someone looking to plant their roots. In Abu Dhabi, the world truly is at the tip of your fingers with its desert safaris, racing tracks, world-class facilities and of course beach activities. Here are just a few reasons why you should start planning long-term and consider investing in Abu Dhabi Reasons for Abu Dhabi’s real estate growth in 2020: In line with market demand, a range of affordable & competitively priced projects are being offered to give the investor value for money Developers offering a range of flexible payment plans to entice investors Introduction of a number of supportive Government policies and reforms including allowing foreign nationals to own freehold property in designated zones, plus the introduction of long-term residency permits and new business licenses Abu Dhabi’s rental market continues to be tenant-friendly with superior returns Infrastructure, development, legal transparency and healthy market conditions 2020 is going to be an important year to observe as Abu Dhabi’s real estate market matures further. With the good mix supply of both affordable and luxury properties available and prices becoming more competitive in the sales segment, we are likely to see more first-time buyers, as well as seasoned global investors taking the step to invest, buy and live in the capital city.