If you ask any seasoned property investor about where I can invest my money, the answer will be Dubai. This giant city has so much to offer to investors from every corner of the world. One may even venture as far as Australia and claim that they have bought apartments in Dubai. But there are many other options that are just as good and if you search hard enough, you can find them. So where can I invest my money in Dubai?
Real estate has been one of the major sectors of the local economy for quite some time now. In fact, off plan property in Dubai are enjoying immense popularity among investors. This trend is expected to keep on growing in the future as the demand for apartments in Dubai continues to grow. This has been a great help for those who were unable to get a place in the stock markets. Since the Dubai property market is growing at an alarming rate, now it’s the right time for the investors to step into this profitable market.
Apartments in Dubai are preferred by many investors because of their high return. The rental yields are very high in Dubai and the developers are targeting high-end properties. Off-plan properties in Dubai offer much better rental yields. Even if you invest for twenty years and earn less than four hundred dollars per annum, you will be able to walk away with thousands of dollars.
If you have already made up your mind about investing in Dubai, the next step would be to find the best property advisors in Dubai to help you purchase or lease properties. You may choose from several companies offering property advisors in Dubai. You need to select the one that is offering services that suits your needs and demands.
You need to look into the areas where most people are investing money and renting properties in Dubai. The first and the foremost area attracting investment are the Dubai Gold Market. There are several businessmen who are earning huge profits in this sector. Most of them started their business in this sector after buying gold bullion and then selling it after maintaining the bullion at the bank. If you have a vision and wish to follow in their footsteps, you can buy a Port de la Mer apartments Dubai.
Another great way to earn a good income in Dubai is by purchasing off-plan properties. These off-plan properties are offered by developers in Dubai and the rental yields are quite high. In order to locate these properties, you need to contact real estate agents in Dubai. These agents will assist you in finding the right property for you.
Apart from Dubai, there are several other places from where investors can earn a good income by purchasing residential properties in Dubai. One of the most preferred locations is Dubai south. There are many properties which are made available for rent off-plan in Dubai. Many people choose to rent these residential properties in Dubai because they find it cheaper than residing in a traditional apartment in Dubai.
Apart from Dubai, there are several other countries from where investors can get properties for sale. When looking for apartments and houses for rent, always check with the local property consultants. They will provide you with several options for you to choose from. If you want to go for properties which are made available for rent off-plan, then you need to check with the Dubai south district 7. These are some of the popular locations in Dubai that offer residents some excellent deals.