COVID-19 has collapsed many economies and businesses around the globe. However, the Dubai property market is all set to make its comeback, attracting investors to buy property in Dubai now.
Thus, property dealers are on the move to reassess the best time to invest their money – which seems to be now.
Let’s analyze the reasons why it is the right time to buy property in Dubai now.
1. Rising Real Estate Market
The real estate market of Dubai is what drives the economy. Moreover, the residential prices are expected to rise by the end of 2021.
Thus, benefitting the property dealers and investors with a good return on investment. Therefore, it’s a clear signal that now is the right time to buy a property in Dubai.
2. Good Rental Income
Dubai is the most populous and demanding city in the UAE. Thus, it’s a place with a buoyant rental market.
Another reason for the rising rental income is the delayed Expo 2020, which is likely to take place in 2021. Thus, the mega event will boost the property rents due to soaring demands. Furthermore, construction in Dubai is expecting a rise after the pandemic-year 2020.
3. Luxurious Living
Dubai is known for its luxurious living and state-of-the-art infrastructure. Moreover, its are leading the growth of its economy.
Nonetheless, Dubai is the richest city in the UAE. That’s what makes it the best place to make property investments in 2021. With incredible property deals such as villas, townhouses, and apartments, Dubai’s luxury is second to none.
4. Stable Investment
Despite the pandemic, Dubai is politically and economically stable. Moreover, predictions are that Dubai’s economy can grow.
Moreover, Dubai is constantly raising its reputation as one of the safest and most proactive cities in the world. According to, buying a property in Dubai now is one of the most stable investments.
5. Opportunity for Golden Visa – Long Term Residency
In 2019, the UAE government eased the policies for a long-term residence visa. Thus, investors can now get a golden visa for 5 years upon the investment of AED 5 million in the property business.
Furthermore, they can also get a residency permit of 10 years by investing AED 10 million in real estate. Hence, the new policy allows property investors to work and live in Dubai with 100 percent ownership of their business.
Additionally, they will not even need a national sponsor to get a long-term residency permit.
Want to buy property in Dubai now? Visit Foot Print Real Estate for exciting property deals with a good return on investment.