Forecasts show that demand will continue to increase, with thousands of new units needed to supply the growth of the property market. With the succesfull bid of hosting word expo 2020, the tourism and hotel industry are rapidly growing.
For the past few years, the number of tourist visiting Dubai has stopped 10m each year. Expert predict that this figure will top 25 m during the first month of world expo. Furthermore, it is predicted that Dubai economy will see boost of AED 84 billion, resulting in an uplift of 2% of the city’s GDP. The Dubai tourism market is growing at an astonishing rate, making it very attractive choice of overseas investors.
Relative to other metropolitan cities around the world, Dubai property is inexpensive in comparison , with stable return year on year. Rental Investment consistently achieve 8-10% return
The Market is open to foreign investors, and offers a wide range options, varying from individual units, to residential or commercial towers. to hotel and hotel apartments, to labor camps and warehouses, to land for developments. Investors can easily build a diverse portfolio to match theiar capital requirements and risk tolerance.
Furthermore, financial instiutions provide attractive financing options for Dubai property market, and have put measures in place to stem the flow of speculators, to ensure market stability.
Ivestment in the Dubai Hospitality
Reseach has shown that the Dubai hospitality market is expanding at an unpreccedented rate, and tha it will reap the biggest benefits from World Expo 2020 . Dubai. has consistently reached 8% occupancy rates, with an average room rate increasing 6% year on year