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WORLD-CLASS INVESTMENT DESTINATION
With Dubai less than an eight-hour flight from two thirds of the world population, the geographical location of Dubai made it an appealing choice for both business and leisure.
Trade in Dubai is expected to rise dramatically as a result of Expo 2020. According to the Federal Customs Authority (FCA) of United Arab Emirates (UAE), Dubai’s non-oil foreign trade totalled $330 billion (AED1.2 trillion) in the first nine months of 2018, up 2.5% during the same period in 2017. The International Monetary Fund (IMF) expects growth momentum to strengthen and projects non-oil growth to rise 4.2% in 2020.
In line with the government’s Tourism Vision 2020, Dubai is also set to attract 20 million visitors and generate $82 billion (AED300 billion) in tourism receipts annually by 2020, triple the contribution of tourism to the city’s economy.
Dubai is free from Income Tax for residents and there's no Value Added Tax (VAT) levied on residential property for investors. With no property tax, no rental income tax and no capital gains tax, Dubai is a haven for investments.
Dubai invests heavily in its transport, telecommunications and industrial infrastructure. The host for Expo 2020, 25 million tourists and business visitors are expected. Dubai International Airport is also one of the busiest airports for passenger traffic.
STABLE AND SAFE
Pegged to the long-established US dollar, the UAE dirham enjoy balance and growth as a currency and adds to the stability of the import and export trade. A recent report by the World Economic Forum (WEF) also revealed that UAE is one of the safest places in the world to live in.
OPEN AND FREE SYSTEM
Open economic policies, minimal government control and private sector regulation have played an instrumental role in attracting Foreign Direct Investment (FDI). Free zones also give companies 100% foreign ownership and freedom from corporate taxes.
HIGHLY LIQUID MARKET
It is relatively easy and inexpensive to invest in Dubai property. Apart from strong capital appreciation, Dubai offers some of the highest rental yields in the world. Global awareness and Dubai's credibility as a desirable lifestyle destination have continued to draw visitors.
Dubai’s started a citywide smart transformation, to empower, deliver and promote an efficient, seamless, safe and impactful city experience for residents and visitors, with a mission to make Dubai the happiest city on earth through technology innovation.
Speak to us to learn more about your investment in Dubai.
+65 8838 0606
991A Alexandra Road
#02-06/07 Singapore 119969