Dubai’s overall investment in the City is projected to be historic by the end of the year as a result of AED 111 billion in real estate deals during the first half of 2018, with a recent announcement that investors receive 10-year visas. Regardless of the direction of the market, Dubai remains a strong alternative for investors worldwide.
Dubai Land for Opportunities
Dubai provides anyone interested in investing a plethora of options. More than three billion people, growing mobile networks, and rising levels of commerce and investment, exist in the Middle East, Africa, and South Asia (MEASA) area. MEASA calls for increasingly wider and more sophisticated financial services, a possibility for creative financial sector businesses.
As trade and investment develop, the wholesale banking and capital markets will also grow. That’s why Dubai is the de facto nexus between key markets in the area, and why commerce flows through Dubai every year in excess of US$350 billion.
The continued expansion will make wholesale banking and capital markets more essential, and the location of Dubai as a worldwide center for commerce will put it in a pole position. Dubai offers unlimited investment options for residents and foreigners.
Dubai as a Financial Hub
DIFC brings about trade and investment movements throughout the South-South economic corridor as a result of the time-zone gaps between London, New York and East Hong Kong, and Tokyo. Based on its expanding and widening influence on constituents and the global industry and investment in innovation, the Center will be treble by 2024 and build a world-class financial destination.
The Dubai Financial Services Authority (DFSA), the legal bodies of the Dubai Court (DIFC) and two arbitration centers, the Dubai branches, the DIFC LCIA (London Court of International Arbitration) and the Dubai International Arbitration Center (Dubai International Arbitration Centre), ensure best in the class regulatory and judicial framework (DIAC).
Increase in Population
As a result of the steep rise in national births, better health care, and a steady migration of ex-pats, the UAE achieved the greatest population rate of growth in the Arab area, with increasing commercial prospects according to official data. Experts have stated that ex-pats seeking employment in the UAE have been relieved in recent years from the petroleum boom, but that there are still more to come than go away. They ascribed it to growth prospects for business and a sustained economic rise in the UAE as a result of an increase in non-oil and industries.
Strong Law Framework
The news is only the latest addition to a robust legal and regulatory framework to safeguard the interests of an investor in Dubai. In particular, this happens in the real estate markets where the Land Department and the Real Estate Regulatory Authority (RERA) in Dubai continue to apply laws that guarantee property developers fulfil their commitments quickly.
In case you are thinking about where to invest, remember Dubai is home to the region’s largest number of investors and risk capitalists. Crowdfunding platforms and lower-cost portfolio goods have made it possible for investor citizens to become middle- and lower-income citizens.