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Totally Tax Free
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Safety and Security
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The UAE (United Arab Emirates) Dubai in particular has never been
involved in any conflict whatsoever. Dubai has no pledged allegiance
with the United States.
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Hugely diverse and harmonious population. Crime is non-existent.
Competitive Prices
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In spite of enormous demand for properties in Dubai from the global
market place, property prices are less than half of other worldwide
cities (between 2000 – 3000 Euro per M2)
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Units are priced in order to encourage international investment. Units
have been known to sell 3,4 or even 5 times at profi t over a twoyear
period. Some properties on the Palm Jumeirah are now selling
at 235% Premium!
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Huge shortage of rentable property. Long term rental yields of between
8 - 15% pa
Tax Free Investment
Demand
It is only in the last 4 years that Non Residents of Dubai have been permitted
to purchase property.
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Upon release, the first Palm Jumeirah (Jum-er-a ) sold 4000 units in 4
days. Agents in Dubai (without promotion) took 10,000 reservations
against 4000 units. General returns have been around 50% pa. The
second Palm Jebel Ali (Jeb-el-a-lee) followed suit with 6000 units
having been sold twice since the major releases last year. The land
will not be completed until 2007.
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Many of the contract workers from companies such as HSBC, Credit
Suisse, Microsoft etc. have traditionally rented with the allowance
given to them by their companies. Now, it allows all of these high income
earners to buy rather than rent.
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Rental prices rose by 30% in 2005.
Oversupply?
Enormous residential construction in the Emirate begs the standard
question: “ who is going to live in all of these apartments?”
The answer in brief:
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“The projected expansion in Dubai’s population will create demand
for more than 43,000 additional residential units annually through to
2010, according to the Dubai Chamber of Commerce and Industry
(DCCI)”. (UAE Interact 12/04/07)
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Dubai Healthcare City will employ around 20,000 staff
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Dubailand – 300,000 employees
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Dubai World Central – ONE MILLION EMPLOYEES IN TOTAL
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Current population 1.6 m, DOUBLING to 3m by 2010 (75% ex-pats)
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Tourism expected to TRIPLE over 5 years to 15m by 2010
Dubai Investment Fact File
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Tax free society. Zero stamp duty, zero capital gains and income tax
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Current population 1.6 m, DOUBLING to 3m by 2010 (75% ex-pats)
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6.5 million visitors in 2006. Expected to TRIPLE over 5 years to 15m
by 2010
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Hotel Occupancy: Highest in the world -over 80% per annum.
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Economic growth amongst the highest in the world 16% in 2005 -
better than China
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Catchment area -combined GDP of over 1 trillion dollars within 5 hr
radius
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One of the fastest growing economies in the world
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Current property growth between 20-50% pa.
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40+ Billion USD invested by government in Dubai Real Estate
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High rental yields between 8-15% pa.
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Rental prices rose by 30% in 2005.
General Fact Facts
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Dubai has more Leading Hotels of the World than any other country
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Dubai has the worlds only 7* hotel the Burj Al Arab
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Dubai has completed the largest ever reclamation island on earth
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Excellent schooling and health care
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Well educated multilingual workforce
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Dubai Media City and Internet City houses many of the Fortune 500
companies
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Exciting projects such as The Palms, Snowdome, Sports City, The
World and Dubailand
FREE TRADE ZONES:
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JAFZA- Established 1985, 135sq km Commercial & Industrial hub -
home to 5,500 companies from over 120 countries.
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There are now139 Fortune 500 Companies with regional offi ces in
Dubai.
DUBAILAND
The 5 Billion Dollar Dubailand masterplan, comprises of over 200 separate
projects in 6 themed worlds including Space Centre, the Snowdome
Experience, Arabian world, the Dubai Autodrome and F1 race track,
theme parks and other attractions. It has been reported that the completed
project will be 7 times the size of Euro Disneyland. Bringing together a
unique combination of sports, lifestyle, leisure, entertainment, commerce
and enterprise, Dubai Sports City will boast an engineered environment
where the world’s fi nest come together to live and realise their dreams and
aspirations.
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3 BILLION Sq Ft /183 km2 (Disneyland Paris is 20km2)
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6 WORLDS - 45 Tourism, Leisure & Entertainment projects
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Government investment: AED2.6 BILLION
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