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Home >> Making Money From Property

Making Money From Property

Making Money From Property

Investing in properties in Dubai is one of the surest bets in the global real estate business. What makes Dubai particular attractive other than its lax tax structures is the sheer number of visual wonders the country has to offer. Everything from manmade islands to canals lined with vivacious flora are complimented by breathtaking structures.

Real estate in Dubai is as diverse as the wide array of visitors the country routinely draws. Investors from every corner of the world can find ways to make money from their property in Dubai, especially given the plethora of housing options and styles. Whether youíre looking to make money off your investment in a super-skyscraper or a villa, Dubai is the place to do it. Thanks to the 2002 decree by the crown prince of Dubai, Sheikh Mohammed bin Rashid Al Maktoom, foreign investors may now buy property instead of the more traditional 99-year lease that most of us have long associated with the UAE. The net result is that if youíre looking to sell the property sometime in the future, you wonít have to worry about your new property depreciating due to the limits on land leasing.

One of the best ways to maximize your earning potential is to get in on the ground floor of a new community. Typical pre-launch price breaks are around 10% and many developers offer flexible payment plans.

Another aspect to consider is location. There are numerous properties available within 30 minutes drive of Dubai International Airport and those might appeal to frequent travelers or those expecting visitors from abroad. If living in the clouds is more appealing to you, then you might consider money making options such as the Pentomiumum, the largest residential tower in the world. Custom islands with cultural design cues from various nations are available as well as housing near beaches and golf courses.

Dubai should be top on your list if youíre a serious entrepreneur looking to make money with your property investments. Keep in mind that your investment might do more than make you money, it could very well end up being the place you want to retire to. Dubaiís enchanting culture and landscape have a way of drawing you back again and again.

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