No doubt that Dubai is a top destination for foreigners from all over the world. People come to one of the most famous emirates for various reasons. Still, most of them are interested in investment apartments in Dubai Marina and its profits. In this article, we are going to discuss the reasons for investing in properties in the UAE on the example of the popular Dubai Marina. So, let’s dive into the world of facts.
Real estate in the neighborhood with perfect weather in Dubai
Dubai Marina is a world-famous year-round tourist destination for families and active holidays, beckoning with its warm sunny climate, white sandy beaches, and the azure waters of the Persian Gulf. The area boasts more than 300 sunny days a year with high air and water temperatures. In the summer months, especially in July and August, of course, it is hot, but the rest of the time the weather in the Emirates is very pleasant. Especially in autumn and spring, the weather is the most comfortable. Severe storms in the Gulf are extremely rare. Most of the year, the sea is calm, and the wave height along the coast does not exceed 0.5 m. Such a favorable climate allows people to enjoy the water and outdoor activities at any time of the year.
Real estate with a convenient location in Dubai
Geographically, Dubai as well as its neighborhoods are very favorably located. One-third of the world’s population lives within a four-hour flight from Dubai. Since Dubai International Airport is located within the city, the transfer from the airport takes no more than half an hour.
The routes inside the districts are also well-developed. The area is known for its transport accessibility: two metro stations, a bus, and streetcar network connecting to Al-Sufuh, and a ferry connection to Business Bay via the Dubai Canal.
Dubai Marina is the most developed area in Dubai, so a limited amount of land is available for construction. The Ciel skyscraper is one of the last most significant local investment opportunities.
Real estate in one of the safest cities in the world
The topic of extreme safety is connected not only to this very neighborhood but to the country as a whole. The United Arab Emirates is widely known for its high level of personal security and social stability. At a time of global instability and the growing wave of unrest in the world, the Emirates remains an island of stability and security in the region. This is largely due to the strict immigration policy of the authorities. It is no secret that the citizens of the Emirates constitute only about 15% and the rest of the population are expats, who need to obtain and periodically renew their UAE resident status in accordance with the established rules. The relevant checks are carried out and if the expat’s reputation, for whatever reason, does not meet the selection criteria, he is denied a residency visa.
Real estate with a transparent title of ownership
Of all the seven emirates that make up the UAE, Dubai has the most developed and transparent legal framework for real estate. According to the legislation of Dubai Emirate, foreign nationals who are not members of the Gulf Cooperation Council (GCC) have the right to acquire freehold property in Dubai directly in specially designated areas, the so-called Freehold Zones. The list of such areas is set by Dubai Ruler’s Decree № 3 of 2006. They include almost the entire territory of the “new Dubai”, including such popular areas as Dubai Marina, The Palm Jumeirah, Emirates Living, Jumeirah Lakes Towers, Downtown Dubai, etc.
Other important facts about real estate in Dubai Marina
- Dubai Marina real estate market is represented by properties in the location that combines the features of a resort and a business centre.
- The area offers real estate for a tax-free purchase.
- The real estate buyers are provided with high-liquid housing units with beneficial ROI.
- Dubai Marina is a famous compilation of stylish reserved and ultra-luxury properties of various types and characteristics.
The key outcomes
Dubai Marina surprises with the breadth of architectural thought. Here are the newest and most impressive structures and attractions, where visitors are greeted with graceful luxury, impeccable comfort, and landscapes of the beautiful coastline. Real estate agency is ready to provide mind-blowing real estate at affordable prices.
The area is constantly changing its appearance, as many buildings are still under construction. However, there are always places for tourists that are definitely worth visiting.
We hope you found this blog post on Why is real estate in Dubai Marina a must for any investor? useful. Be sure to check out our post on How to manage property long distance in Dubai for more great tips!
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