The future of Dubai is focused upon creating a business and tourism environment, centred on incoming foreign investments.

Following are one of the reasons why you should invest in Dubai property:

•  High capital appreciation.

•  High rental yields in completed properties.

•  Capital Gains Tax = 0%, Rental Income Tax = 0%.

•  Business hub of the Middle East ; an increasingly important player in the world stage.

•  Future Demand: The Dubai population is set to increase from 1.5m to 3m, with tourism     tripling from 6m to 15m, by 2010.

•  Future Supply: Demand-supply ratio is managed to maintain strong growth and returns.

•  Very affordable by international standards.

•  Excellent quality of property.

•  One of the most significant leisure destinations in the world.

•  Cosmopolitan global business centre with luxurious facilities and incredible beaches.

Transforming Dubai from a small regional trading hub and oil dependant economy to a leading business and tourism destination is a vision which is increasingly being attained. This rapidly developing city offers year round sunshine, outstanding leisure facilities and a growing economy that makes Dubai an economic desirability of an increasingly important region on the global stage. The city is also investing heavily in building fundamentals, which will enable the city to sustain the huge demand present in the market.

A high proportion of properties available are off-plan, allowing investors to purchase in very attractive interest-free instalments. In recent years rental appreciations have returned between 10-20% annually and capital appreciation of between 15-25% annually. The opportunities to invest are endless, which are being snapped up on a daily basis and definitely is one opportunity not to be missed.

Dubai is the city of the future!

(Article reproduced from www.datadubai.com)