What are the advantages of buying Dubai property?

1. High rental yields: Dubai offers some of the highest rental yields in the world, making it an attractive investment opportunity for landlords. The average gross rental yield in Dubai is around 5.5%, compared to 2-3% in many other major cities. This means that investors can expect to earn a significant return on their investment in the form of rental income.

2. Strong economic growth: Dubai is one of the fastest-growing economies in the world, with a GDP growth rate of around 4.5% per annum. This economic growth is driven by a number of factors, including the expansion of the tourism industry, the growth of the financial services sector, and the development of new infrastructure projects. Strong economic growth is expected to continue in the years to come, which will support property prices and rental rates.

3. Limited supply of property: The supply of property in Dubai is limited by the city's geographic constraints. Dubai is located on a narrow strip of land between the Arabian Gulf and the Arabian Desert, and there is very little undeveloped land available for construction. This limited supply of property helps to support property prices and prevents them from falling.

4. Attractive tax incentives: Dubai offers a number of attractive tax incentives for property investors. These incentives include no income tax, no capital gains tax, and no inheritance tax. This makes Dubai a very tax-efficient jurisdiction for property investment.

5. World-class infrastructure: Dubai has world-class infrastructure, which includes a modern airport, a well-developed road network, and a state-of-the-art public transportation system. This infrastructure makes Dubai a very livable city, which attracts both residents and tourists from all over the world.

6. Diverse population: Dubai is a very diverse city, with a population that includes people from over 200 different countries. This diversity adds to the vibrancy of Dubai and makes it a great place to live and work.

7. Strong legal framework: Dubai has a strong legal framework that protects the rights of property investors. This includes laws that govern tenancy, property ownership, and real estate transactions. This strong legal framework gives investors confidence in the safety of their investments.