Why it is profitable to buy real estate in the UAE

For some people, buying their own real estate in the Emirates was once a pipe dream. But now this segment of the market is going through a very interesting period. It gives a unique opportunity to buy an apartment, house or office at a favorable price. In the long run, it will allow you to receive passive income or move on comfortable conditions to one of the safest and most developed countries in the whole world.

The main reason for the affordable cost is the real estate pricing policy, which is now relevant to the Emirates. This is largely due to the decisions of the local government.

3 factors of low real estate prices

Let's highlight 3 key factors that allow you to buy real estate at a very favorable price and compete with many other countries in the world. Dubai as well as other cities in the UAE regularly invest a lot of money. People can see how promising this destination is.

But some people wonder why prices are so low on https://theorchardplace.ae/ and whether this is some kind of trap. No. This is the reality of modern Emirates. And it will be right to take advantage of the situation and buy one of the available real estate.

• Loyal tax system. This is one of the main factors why real estate prices are kept at an affordable level. There are no special income taxes for individuals in the UAE. There are also no other levies. Because of this, foreign investors are happy to invest money in the purchase of apartments, houses, commercial real estate and more;
• Excess supply. New residential complexes and office buildings are being built here at an accelerated pace. Many developers are trying to outdo each other, to surprise potential buyers with something unusual. But due to the fact that the demand does not keep up with the offers, it can be difficult to find buyers. The only correct solution is to reduce the cost. That is why in the Emirates real estate is very high quality, but cheap;
• The stability of the state's economy. The real estate market is of great importance for the Emirates. That is why they try to keep and support it in every possible way. Even during the global economic crisis, prices for apartments and offices remained stable and only slightly increased. This is not the case in many other countries.

Taking into account all these factors, it becomes clear why the UAE has such an affordable real estate. The situation is stable and therefore investors are actively investing in the purchase of apartments, offices, private villas and more. Now is one of the most favorable periods. So do not miss your unique chance.