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Gold ring, Dubai
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Why Invest in UAE/Dubai & Frequently Asked Questions

Why Invest in UAE/Dubai?

Since the formation of the UAE in 1971, Dubai has developed rapidly from oil and gas based state to a market based economy. A 30 year development plan provided for substantial investment in education and infrastructure and has led to rapid growth in trade and inward investment. Dubai as a leading commercial, trading and tourism hub. Dubai is a dynamic, business-friendly city with an outstanding track record of executing major projects. This has been due to the foresight and guidance of its leaders.

Dubai offers a world-class airline (Emirate Airlines), world-class tourism (over 30 five star hotels and the worlds first seven star hotel, Burj Al Arab) and world-class sporting evernts.

Dubailand is a huge development located toward the desert. It consists of 6 themed worlds and comprising over 200 individual projects it will soon become the biggest, most varied leisure, entertainment and tourist attraction on the planet. Seven projects will finish in 2008 forming phase one of Dubailand. Dubailand expects to employ 300,000 and attract 200,000 visitors a day!!

The dubai Internation Financial Centre (DIFC) is a specially created financial district for the whole of the Middle East. It has been set up to accelerate the repartiation of $1 trillion, which is currently invested & manged outside the region. Located between the London & Hong Kong stock exchanges it is a unique free zone with its own laws.

In recent years, Dubai has established Dubai Internet City and Dubai Media City, providing the regional hubs for IT (notably Microsoft and HP) and media businesses (Reuter and CNN). In September 2003, Dubai hosted the 2003 Annual Meetings of the Board of Governors of the World Bank Group and the International Monetary Fund.

As the leading regional commercial hub with a state-of -the-art infrastructure and a world class business environment, Dubai provides investors with a unique and comprehensive value-added platform that make Dubai the logical place to do business.

The most Pro Business Attitude

  • " If its good for business, its good for Dubai"
  • Sophisticated fast track business initiatives (business set up in 20 mins in free zones)
  • 139 or the G500 MNC's in Duba, 9 out of the top 10 all present in Dubai
  • Robust economic clusters including technology and Internet hub, media hub, and healthcare hub
  • World class free zones.

The best Regulatory Environment

  • No Corporate Tax/Income Tax
  • No restrictions of repatriations of funds
  • Strong investor incentives and protections
  • 100% ownerships in free zones
  • No foreign exchange controls, trade barriers or quotas

 

Frequently Asked Questions

What are the purchasing costs?

Purchasing costs are 1.5%. This is attributed to land search fees. This is the only costs on completion.

Is it possible to rent the property out?

Yes and we will provide you with assistance should you decide to complete on the property

Is the title of the property leasehold or freehold?

Freehold

What sort of capital growth has been experienced in the area and what are the prospects?

Capital growth has been substantial in Dubai with returns in excess of 75% not uncommon in the first few years. Although this has reduced as the market has become more mature (and much less risky) the returns on similar projects from the our exclusive Developer are around 34.3% anualised from 2005 to date.

What rental yields can be expected?

Returns of 23% are being seen by similar resorts which have been completed with the Dubai developer that we work exclusively with.

What rental tax is payable?

None

What Capital Gains Tax is payable of selling my property?

None

What Inheritance Tax is payable?

None

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