Dubai continues to lure Indian investors

Dubai continues to lure Indian investors

Dubai’s property market, known for its transparency and regulation, has been a magnet for foreign investors, including Indians for a long time. In the light of Dubai’s new corporate tax regime, institutional investors may need to adjust investment strategies to focus on factors such as capital appreciation and rental returns. The migration rate in India may have slightly decreased in 2023 compared to the previous year, but it continues to impact real estate markets in various countries. Dubai, in particular, remains an attractive destination for investors and high-net-worth individuals (HNIs) from across the globe. And Indians investors top the list. The net migration rate for India in 2023 stands at -0.329 per 1000 population, showing a 3.8 per cent decline from 2022. Several deep-pocketed HNIs have traditionally been investing in overseas markets. An uncertain Indian market has made them look at some of the already developed countries where the sector was regularised decades back. Moreover, a growing number of real estate investment trusts (REITs), securities and investment agencies that trade like stocks and facilitate investments overseas have made purchasing foreign real estate, albeit indirectly, substantially easy. Often backed by fund managers, these offer investment opportunities in a pool of good-quality