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Month: May 2019
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Investment in Dubai real estate with the highest return on investments

Categories: Dubai,Dubai real estate,investment,millennials,news,off plan,property,real estate,Roundup
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What is real estate? Majority of people see it as an apartment which they can call home. Nowadays, real estate gained slightly different image. Real estate is not a luxury anymore, rather an affordable investment. Robert Kiyosaki described real estate investing, in his book titled -“Rich Dad, Poor Dad”, in this way: “Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth”. Real estate became not the only measure of security but investment opportunity and prosperity.

When it comes to real estate investments the main factor that we have to take into consideration is the country or the city that you are planning to invest in. Economy and overall political situation of that part of the globe can determine future return on investments. Investment in Dubai real estate is considered as one of the most profitable investments, at the moment. Apart from being one of the fastest developing city with a growing economy, Dubai has a number of other reasons to be considered as an investment opportunity.

 

Value

Investment in Dubai real estate has always been an attractive investment opportunity for investors and business people from all over the world. One of the main advantages is definitely value for money. By investing in Dubai real estate, you will get exactly what you are paying for, or even more.

 

No property tax

Dubai is one of the few countries in the Middle East with 0 property tax. It serves a great purpose as it attracts investors from all over the world and creates a great opportunity for investment growth. That is why investment in Dubai real estate takes so much attention from within.

 

Expat / Tourist destination

Out of the total population of 9.2 million, the expatriates contributed to around 7.8 million with the Emirati Nationals holding a population share of 1.4 million. With a vast demographic variation, there are a varied number of nationalities who form a part of the majority of the expats in UAE especially Dubai and Abu Dhabi. Due to such a high concentration of expats, Dubai government tries to create enabling environment for their life, work, and property investment. Why is it so important? Here’s why: Expats come to Dubai for quite a long period, from 3 to 7 years, on an average. If the government creates a comfortable environment for them to live in, earn and invest they will stay in the country for longer. It will also boost the overall economy of the UAE.

 

Location

Unlike most other countries, UAE has a perfect geographical location. It makes it accessible and appealing for international investors. Dubai airport has direct links with almost all the world’s biggest cities. It celebrated its 1 billionth passenger, in 2018. Every year Dubai airport is visited by more than 80 million passengers. These numbers are good indicators of a city’s growth and development. Being one of the main touristic destinations, Dubai has a great base for growth and further development.

 

Expo 2020

More than 30 million tourists will visit Dubai for Expo 2020, which will be held in October 2020. This event will last for 6 months and bring numerous benefits to the city in economic, touristic, and financial perspectives. What is more, investment in Dubai real estate will be even more attractive due to offers and discounts.

 

Residency

Dubai government implemented, recently, numerous rules and regulations which made an investment in Dubai real estate easier and more attractive. By investing a certain amount into Dubai real estate, an investor will be eligible for the residency. What is more, 100% ownership will be granted to Dubai real estate investors. All these changes make Dubai one of the best destinations for real estate investors.

 

ROI

Compared to London or New York, Dubai has one of the highest return on investments. Return on investment, however, differs as per location of the project. Nevertheless, average ROI, in Dubai, can vary from 8%-12%, compared to 4%-6% in London or New York. Investment in Dubai real estate gives an opportunity to build portfolio, invest, build and grow business.

 

For more information on Dubai real estate investments contact Universal Prime Real Estate at 04 425 3935, or drop us an email at info@universalprime.ae.

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10 Key reasons to invest in Dubai real estate market with Universal Prime Real Estate

Categories: dUBA,Dubai,Dubai real estate,investment,millennials,news,off plan,property,real estate,summer
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Investments are never easy or speedy decisions to be made. It always requires preparation, relevant information, and market knowledge. Investment in Dubai real estate is a whole new world, for a non-experienced investor. Dubai real estate market offers a vast variety of off-plan projects and ready properties where it gets easy, to get confused. What is the current market situation you may ask? Whether to invest in off-plan or a ready unit? What location or a unit type would be better for a family? What projects can get high ROI? All these questions are dedicated to an experienced property consultant. Why do you need a consultant’s help? The answer is simple – the time is money. Property consultants save your time, especially if you want to invest in Dubai real estate with maximum benefits. If you are planning to invest in Dubai real estate market make Universal Prime Real Estate your guide. Here are reasons why you should seek help from Universal Prime.

 

1.Investor’s background 

Universal Prime Real Estate Brokerage is a real estate consultancy which aims to guide those who would like to invest in Dubai real estate. Whether you are a beginner or an experienced investor, you should always get an expert’s advice at any investment stage. Real estate market in Dubai constantly changes, which makes real estate consultants stay updated on the recent market trends. But why would you trust Universal Prime Real Estate when you plan to invest in Dubai real estate? The main and most important reason is that we come from the investor’s background. The owner of Universal Prime Real Estate once started as an investor by investing in Dubai real estate. Doing it at the right time made him build a portfolio, increase income and launch independent businesses. Investments in real estate can cause great losses if you don’t know how to do it in the right way.

 

2.Market knowledge 

Before preparing a new meal, the chef has to check the exact recipe to know the needed ingredients and procedure to ensure that the end product is perfect. The same rule applies to real estate investments too. Proper market research comes before making any final decision. You want your real estate investment to bring you maximum profit. Make sure that you are aware of all market trends and recent changes. Knowledge is the key. The help of a specialist is a must if you want to make the right investment.

 

3.Consultancy 

What do you need to know to invest in Dubai real estate market? A number of questions should be answered such as: What is the current market situation? What is the economic situation of the country? What developers can you consider as reliable? What are the new projects, etc.? Many investors do their market research in advance, but nothing can substitute an expert’s knowledge who is working in real estate 24/7. Consultation from a real estate expert is worth a lot. An investor will have updated market information, plus priceless experience of previous deals. Consultants will be able to guide an investor throughout the whole process avoiding all possible mistakes. Investment in real estate, with the help of an experienced consultant, will be done faster, easier, and with the maximum profit for the investor. That is why Universal Prime Real Estate issues regular training for consultants and provides them with all needed updated information related to Dubai rules and regulations. The professionalism of our consultants is our power!

 

4.Dedicated team 

Great things in business are never done by one person. They are done by a team of people. At Universal Prime Real Estate, we chose only the best professionals in the field. We strongly believe that having the right people sharing the same company values are the collective key to success. Only by having the same vision and future goals can team progress and move forward.

 

5.Variety of real estate projects

What is the one major difference in investing through a developer and a brokerage? The variety of projects. If you are planning to invest in Dubai real estate through a developer – you will be tied up to a specific project and location. When, by investing through brokerage, an investor can pick and choose any real estate project he thinks will benefit him the most- depending on the price, ROI, location and other preferences.

 

6.Trusted real estate brokerage

Universal Prime Real Estate believes that only hard, consistent work and knowledge share can bring value to the client. Since the very beginning, Universal Prime Real Estate helped a lot of people find their “new” home and invest in Dubai real estate with high returns on investments. We highly value knowledge and believe that quality always prevails over quantity.

 

7.Ease of the investment process 

What does an investment require? Many people who are new to real estate investments may think that once you transferred the money the deal is done. Nevertheless, it requires additional paperwork and documentation. With the help of a professional, investment process will go faster and easier. As real estate consultants, our task is to ease the process and make it a pleasant experience for our clients.

 

8.Extra services 

While working in real estate and dealing with many investors, we expanded our services. Apart from providing consultation on real estate investments and helping clients invest with high ROI we go an extra mile providing other related services. Did you buy a property and now want to rent it out? Universal Prime Real Estate will provide a full property management service. If you bought a new apartment and would like to arrange moving and packing – our team can assist you with it as well. By understanding our clients and their needs, we are trying to speak the same language by arranging the required services for investors. Property management, investment consultancy, legal advisory, and many other services are provided by Universal Prime Real Estate. You name it – we have it. A full spectrum of real estate services is only a call away.

 

9.Future vision 

Receiving benefits from real estate investment always takes time. You should not expect an immediate profit after transferring money for your new apartment. If you are an investor and planning to sell your apartment in order to gain profit be sure that it won’t happen overnight. It is important to know the market, be able to forecast it and understand when the right time is to sell the unit in order to get maximum benefit. All this can be done by professionals who are working in the real estate sector for a long period of time. It allows them to understand the market, know in which way it can change and predict future trends. This information is vital if you want to get the maximum benefit from your real estate investment.

 

10.Exclusivity 

All real estate companies are aware of exclusive offers – when a developer gives exclusive price or a certain number of units with the best view (of a certain project) to a specific real estate company. How does an investor benefit from it? By investing through a brokerage who has exclusive offers of a project, you will get the best price in the market and the best unit with the best view. The most important factor is to have such an agent with an exclusive offer who has exactly what you are looking for, just like Universal Prime Real Estate.

 

Real estate investment is an easy process, as long as you have the right people to guide you. With the help of Universal Prime Real Estate, your investment experience will be easy, fast and informative.

Contact one of our agents at 04 425 3935 or drop us an email at info@universalprime.ae.

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What impact Expo 2020 will have on Dubai real estate?

Categories: dUBA,Dubai,Dubai real estate,investment,millennials,news,off plan,property,real estate
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Expo 2020 will have a tremendous impact on Dubai real estate market and the city itself. But what do we know about this so promising event? Expo 2020 is one of the largest events, so far, in the whole Arab world. It takes place in Dubai on October 20, 2020, and would last for a period of 6 months.

More than 30 million people from 190 participating countries are expected to visit Dubai during this period.

The History

The first Expo “The Great Exhibition of the Works of Industry of All Nations” took place in London’s Crystal Palace (1851). More than 100,000 objects were displayed presenting different types of inventions dating back from the industrial revolution.

The Agenda

Share different experiences, showcase ideas, collaborate and unite with others is the main purpose of Expo2020.

Every city and country experienced a drastic change brought by the Expo event. Now the important questions are:

  • How will it benefit Dubai?
  •  How Dubai real estate market and the economy will change during and after the event?

Travel and Tourism 

Dubai Expo 2020 will host more than 30 million people, quite an impressive number for a 6-month event. A significant number of investors planned to the country during Expo 2020. It will be a great time for Dubai real estate market to pick up and improve its situation. What is more, Expo2020 considered as the catalyst for landlords and Dubai real estate developers. Landlords can get their property rented easily. Developers, at the same time, will concentrate on attracting more investors through special offers and attractive payment plans.

How affordable is Dubai real estate market in this regard? 

Affordable prices of Dubai’s real estate, no property tax, numerous governmental changes (5-,10-years investor’s visa) and 100% free ownership has already made Dubai a tidbit for investors. High media attention and a significant number of investors will provide a great opportunity for increased investment activity. The most important question is whether landlords and developers are ready for this demand or not? If developers are able to take advantage of Expo 2020, it will improve their position in the market, stabilize the economy and give that extra push for the future growth and development of the sector and the economy, at large.

New opportunities

There is no doubt that Dubai real estate market will grow and improve. With the market shift towards more affordable units, investors have a wide range of choices in terms of price, location, and offers. It was never so easy to invest in the Dubai real estate market. High ROI, easy payment plan, no property tax, post-handover installments made it cheaper to own an apartment rather than renting it. If you have few years and not sure whether to rent or buy an apartment – consider buying one. It is always better to invest in your own apartment and pay installments on a monthly basis rather than pay rent. If you are hesitant to decide about renting or buying an apartment, how to choose a suitable unit and location – it is always better to get the help of a renowned property advisor.

Contact Universal Prime Real Estate property advisors and let us help you to invest in your future.

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Dubai investments for residency

Categories: Dubai,Dubai real estate,dubaisummer,investment,millennials,news,off plan,property,real estate,summer
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What gives us a feeling of security? An apartment, stable job or business, our family and the ability to make future plans. All these basic needs are essential if you are living in your country. But what if you are living or planning to move abroad? In this case, the list above should be complemented by one more very important criteria – residency. These are the top essential things which secure our life abroad.

Dubai economy

Dubai shifter into a less oil-dependent country a few years ago. With an amazing growth rate of 6.1% in 2014, Dubai becomes one of the fastest growing economies in the world. It allowed to build trade relations with multiple countries in the world. As a result, it aids its economy. It all leads Dubai government to move towards a relatively diversified economy, improvement of infrastructure and ample foreign assets, according to the Institute of International Finance.

The introduction of 5% VAT further diversified revenues. VAT is a measure that will give more stability.

Investments for residency 

According to the latest statistical data, 3.23 million people are living in Dubai and this number will increase up to 10 million by 2027. Among the main reasons for people to move to Dubai are stable economy, numerous opportunities when it comes to investments, business and career growth. Upcoming Expo 2020 attracted a number of new investors to the city. In order to improve its image as a land of opportunities and take care of those who chose Dubai as an investment destination, its government implemented new rules and regulations. Dubai investments for residency now have few options such as 5-, 10-years residency visa and 100% ownership. According to His Highness Sheikh Mohammed, global investors can have 100% ownership of their companies in the country. He the following vision in his Tweet: “Our open environment, tolerant values, infrastructure, and flexible legislation constitute the best plan to attract global investments and exceptional talents. The UAE will remain a land of opportunities. It is the best environment to realize the dreams of humans and unleashes their exceptional potentialities.”

How much should you invest to be eligible for Dubai residency? 

Depending on the number of your investments you can be granted 5- or 10- years visa. Those who own property worth AED 5 million or more will be eligible for a 5-year residency visa. Investors who hold an investment through a deposit in an established company or a business partnership worth AED 10 million or more will be granted a renewable residency visa every 10 years. Others who made various investments of no less than AED 10 million, including property – which must be worth no more than 40% of the total investment – will also qualify for a renewable residency visa every 10 years.

Entrepreneurs who own a project worth AED 500,000 or above can be granted 5 years visa with the further possibility of upgrading it to an investor’s visa. It can be done only if all needed requirements are met.

What are the main benefits of the investor’s visa? 

Apart from getting 5- or 10-years residency visa, Dubai investors will receive a number of other benefits such as:

  • Free entry into the country and residence on its territory;
  • Arrangements for moving to the UAE for members of the family;
  • Opening a personal account in one of the banks of the UAE;
  • Obtaining a driver’s license and insurance in one of the Emirates;
  • Teaching in educational institutions throughout the country;
  • Free entry into the countries of the Persian Gulf and some other countries;
  • Receiving profit and income that are not taxable.

 

The above article provides full information on Dubai investments for residency and how an investor can benefit from it. But the main question is: “What project to choose to invest in?” This puzzle can be solved by one of our experienced property advisors. Universal Prime Real Estate property advisor can not only suggest what project you should invest in, but also what is the best time for investment including projects with high ROI that you should consider.

Contact Universal Prime Real Estate and let our agents help you in creating a better future for you.

 

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