15 incentives for Dubai real estate investments

15 incentives for Dubai real estate investments

Dubai, United Arab Emirates: W Capital ,the Dubai-based real estate brokerage, identified 15 main incentives for investors of different financial capacities to invest in the Dubai real estate sector.

Walid Al Zarooni, "W Capital" CEO , said that Dubai has become a global hub, a preferred destination for living, working, entrepreneurship and tourism, and a sought-after destination for many people from all over the world, looking for investment and residence, in light of the urban shift that Dubai achieved in the past two decades.

Al Zarooni noted that there are 15 important incentives making Dubai a safe haven for living and investment, which boosted the market performance resulting in record sales month after month, the value of which has now exceeded a billion and a half dirhams per day on average.

1-The first incentive is regulatory legislations

Al Zarooni said that Dubai provides a legislative environment that takes into account the rights of all parties, and maintains the interests of citizens and foreigners alike without discrimination ensured by the speed of litigation.

This increases investors' confidence and motivates them to reside on a permanent basis. Besides, Dubai apply the best practices and rules within the real estate market, which regulate real estate ownership, off-plan sales,