Reasons to Invest in Dubai Investment Park in 2020
Dubai, a city of skyscrapers, massive shopping centers, and opulent resorts, has spent billions building the best tourism infrastructure in the world and routinely tops lists of Guinness World Records for its outstanding landmarks and famous attractions. These include the Burj Khalifa, the tallest skyscraper in the world, and Ain Dubai, the world’s highest Ferris wheel. Dubai, the fourth most visited city in the world, also provides a tempting selection of must-try activities, like skydiving and amazing Dubai safari expeditions. The Dubai Opera House, Dubai Museum, and Dubai Miracle Garden, the largest natural flower garden in the world, are a few more well-known sights to see in Dubai.
The Dubai Mall, which is one of the greatest places to buy luxury brands in Dubai, is the biggest shopping mall in the UAE and has the size of 50 soccer fields. The benefits offered by free zone corporations will be available to foreign nationals who seek to start businesses in Dubai Investment Park. It’s crucial to remember that DIP is not a free zone. In other words, a variety of Dubai’s neighborhoods make sense for real estate investment. Great Dubai gives you a great option if you’re looking for a lively community to invest in Dubai Investments Park. Due to the abundance of luxury flats and high-rise structures in Dubai, The Great Dubai offers the most well-liked investment opportunities. Operating as a distinct, self-contained industrial, commercial, and residential zone, Dubai Investments Park is managed by Dubai Investments Park Development Company.
Investors may want to consider making a commitment to the Dubai Investment Park industry for the following reasons:
Dubai aspires to be the happiest city on Earth
In 2016, Dubai established the Ministry of Happiness. This ministry’s main responsibility is to create policies and programs to raise the happiness levels of Dubai’s inhabitants.
A profitable investment
The real estate industry in Dubai is developing as the city’s population grows yearly. Investors that are aware of the changing demographics are strategically acquiring real estate to meet the increased demand for rental housing.
Dubai’s tourism sector is flourishing
Tourism, trade, business services, and other industries make up Dubai’s economy. New hotels and real estate developments are a direct effect of Dubai’s expanding tourism sector.
The Museum of Tomorrow
Through cutting-edge simulations and interactive exhibitions, the Museum of the Future offers visitors a glimpse into the future. The museum will host scientific gatherings and provide advanced training on cutting-edge scientific developments. Water supply, food security, and self-sufficient cities will be the top three climate change-related concerns that the museum will concentrate on finding solutions for.
Low rate of crime
One of the main benefits of purchasing real estate in Dubai is the feeling of safety. Additionally unlikely are minor crimes. If you accidentally leave your wallet on display in your car, do not be alarmed. It is very improbable that it will be taken.
Superior routes for transportation
Dubai’s transportation system is constantly improving. Between Dubai and Abu Dhabi, the US-based Hyperloop One is building a faster transportation path. In pods, passengers will be able to travel between the emirates at 1,200 kilometers per hour thanks to Hyperloop One’s upcoming introduction of the first operational Hyperloop system in the world. The project’s objective is to offer transportation that takes 12 minutes to get from Dubai to Abu Dhabi. According to Hyperloop One, 4,000 vehicles travel daily between Abu Dhabi and Dubai.
Without yearly property taxes
Real estate investment in Dubai is tax-free. Taxes are not included when buying a commercial or residential property. Owners will not be required to pay further taxes after purchasing the land.
The population of Dubai is expanding
According to estimates, the number of new real estate projects in Dubai will rise along with the city’s population. According to the Dubai Statistics Centre, Dubai had 2.4 million residents in January 2016 and will have 5.2 million by 2030.
Fine dining establishments, entertainment
Desert safaris, opulent spas, beaches, yacht communities, skydiving, and water parks are just a few of the unique activities Dubai has to offer. The city is renowned for its extensive assortment of fine dining establishments from around the world.