Dubai is well known for the real estate developments occurring here and also for the most innovative technologies and concepts implemented for it's developments. Investing in Dubai's real estate sector is considered to be safer and most lucrative way to double your money.
Reason behind the sudden growth in Dubai real estate sector is the changes in laws made by Dubai government, which allows foreigners to own, rent out and sell properties in Dubai. Some of the real estate development companies are offering habitation visa for those who purchase properties from them. Several multi national companies are now setting up their branches in Dubai, which in turn made Dubai an excellent job market for professional and skilled works around the world. More people attracted towards Dubai due to it's attractively high and tax free salary and have created an huge demand for accommodation and office spaces. Laws in Dubai related to real estate are very clear and formalities are very minimal.
Dubai has become shopper's paradise because of it's open port policy with low import duties and superb logistic facilities. Dubai has a world class facility for exhibition and conference, it hosts many international events and exhibitions. The Real estate sector in Dubai is witnessing massive activity in the form of investments from private, public organizations which includes world's tallest building, largest amusement park, largest man made islands etc.
Dubai's real estate sector is growing day-by-day. Now Dubai has started breaking it's own records by introducing more innovative and ground breaking projects.
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