01/25/2023|13Minutes

Why investin Dubai?

Dubai is one of the world's most powerful cities - 14th out of 1 million, to be exact. Wealth, security, innovation, growth, economy and development are just some of the reasons why Dubai is such a magnet for businesses and individuals alike.

View of the Burj Khalifa from an abra

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In 1990, Dubai had a population of 550,000. 30 years later, the population has multiplied by 6.5 and is set to double by 2040. By then, we'll have around 6 million inhabitants. The exponential growth of this dynamic city explains the real estate boom. Indeed, in order to accommodate all these new inhabitants, Dubai has no choice but to continue expanding, and therefore to build new real estate. It's easy to see why there's so much demand for real estate purchases and rentals, when the number of transactions is measured in billions of dirhams every day. What's more, the simplicity of the process encourages investors from all over the world to take the plunge. A passport is all you need to invest and own property in the United Arab Emirates.

Dubai is constantly one step ahead of the rest of the world, and today allows investors to pay for their property in crypto-currencies directly with the developer. For all these reasons, the Emirati real estate market is one of the fastest-growing and most dynamic in the world.


A single tax system for investment

The absence of taxes and interest charges are further strong arguments in favor of Dubai real estate. A stable economy, a healthy environment and the ease of doing business - as the MENA's leading and the world's eighth-largest financial center - make Dubai a highly profitable destination. Companies from all over the world are attracted by the opportunities on offer. As a result, the long-term viability of companies in Dubai is far more certain than in the rest of the world.


A dream destination and an ideal business location

In addition, Dubai International Airport is the Middle East's largest hub, handling millions of passengers every year. Dubai's ideal geographical position is a great incentive to invest in real estate. A six-hour flight from two-thirds of the world, the Persian Gulf city is a perfect air corridor for business, but not only. Dubai was the world's most visited city in the first half of 2022, and was named "World's Most Popular Tourist Destination" at the TripAdvisor Travelers' Choice Awards 2022.

Hotel occupancy rates are breaking records. In the first quarter of 2022, the occupancy rate was 82%, 68% higher than in New York or Paris. Tourists spend a fortune, averaging $530 a day, which is a major boost to the economy.

Dubai doesn't just excel in the air, with the world's largest fleet of A380s, it's also a major shipping hub. The port of Jebel Ali is the busiest in the Middle East and the ninth busiest in the world. It's easy to see that Dubai is still expanding, and will continue to attract the world's elite to invest in real estate.


Investing in Dubai

In concrete terms, it's an undervalued city. The price per m2 is three times less than in Paris, five times less than in Singapore and four times less than in New York, while its power equals or even surpasses them. As a result, specialists predict that the price per m2, currently around 3,900 euros, will rise steadily to match those of the aforementioned major cities within the next few years.

Investing in Dubai real estate today means the certainty of capital gains in the short, medium and long term. At Vici, it's the figures that talk, the figures that prove, and the figures that enable us to make lucrative real estate investments in the same way as you would with a share on the stock market. Today, Dubai is full of concrete figures to prove it.

30%. This percentage is enough for you to own 100% of your property. This law, which is unique in the world and present in Dubai, enables investors to carry out real estate trading with the help of our experts. When you invest in an off-plan property, you'll benefit from a payment plan, a schedule of payments, directly with the property developer, free of charge and interest, who will pay you in instalments. Once you've reached 30% of the purchase price, you'll receive your provisional title deed, or "Oqood", and you'll be able to resell your property and benefit from the entire capital gain.

Vici concentrates on past and current financial data for various locations and property developers, enabling precise studies and ultimately high-yield investments.

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Lovely apartment overlooking the Burj Khalifa in Dubai

A property investment with a substantial return

When you invest in the Emirates, your return is safe. As well as having the capital named the world's safest city in 2021, Dubai leads the way in being the most peaceful for women. You'll find peace of mind in this part of the world, with a crime index close to 0 when France scores a dismal 56. This privilege is not only reserved for the Emirati population, your money will also benefit. Dubai has introduced escrow accounts, which enable you to invest in complete security.

These accounts oblige property developers to deliver their properties on time, and to hand over the keys to your apartment in exact accordance with the specifications drawn up beforehand. In the event of non-compliance, property developers will not be able to release the sums paid by all owners into this famous account managed by the Dubai Land Department, which will then reimburse each investor.

It's an extremely rare situation, and one that's driving people all over the world to seize the opportunities offered by the various properties on offer remotely. It's a fact that 80% of investors reserve their property without even going anywhere. Investing remotely is the new niche. The market is brimming with opportunities that everyone wants to seize, so we need to make decisions quickly, but not too quickly.

All the real estate offers made by our experts in our agency are meticulously studied and mastered to perfection, enabling precise investment and maximum return. Vici's vision of real estate trading follows the pattern of a stock market action: buy and sell at the right time: invest when the price is at its lowest and sell when it reaches its highest. Rigor, concentration, intuition, meticulousness and mastery of figures are all essential to achieve high returns.

Granted, real estate trading can be done anywhere in the world, but Dubai offers the perfect combination. Project launches don't last long, some buildings sell out in less than two hours and most don't stay on the market for more than a month. The competition for the highest yield is constantly present, with prices per m2 rising year on year.

In less than ten years, prices have risen by 40%, and between 2021 and 2022 by 9.1%. In the same way, returns on rental investments continue to rise, in line with the normal law of supply and demand. It's worth investing now inDubai real estate.


Vici customers' capital gains on their real estate investments

Our investors achieve capital gains averaging 30% in less than two years, and returns on investment of around 10% net - all records. An added privilege is Vici's close collaboration with real estate developers who are particularly valued for this type of operation, enabling us to obtain advantageous units and prices even before official launches, and thus position ourselves at a crucial moment in trading: the perfect time to invest. Just like all the other elements, the real estate developers are also carefully selected by our agency for their reputation and reliability. We only work with the very best.

For all these reasons, Dubai will continue to expand, and so will the demand to live there. The population will continue to grow by around 4.76% per year, so these 170,000 new inhabitants will need to be accommodated every year. 84,000 transactions were completed in 2021, and this figure is rising all the time, making it possible to find good real estate deals, of which there are plenty in Dubai, as well as pitfalls to avoid. Vici's team of experts will hunt out the best opportunities for you, enabling you to invest in high-yield real estate.


Dubai 2040

The "Dubai 2040" urban development plan foreshadows a number of points, proving once again that Dubai has not finished excelling and achieving new goals. In addition to considerably increasing the population, Dubai plans to develop five urban zones, double the amount of green and recreational space, have 55% of the population living within 800 meters of public transport, increase the space dedicated to education & health by 25%, and devote 158 million m2 to industry and the economy.

When we look at what Dubai has become in less than 40 years, we can't help but agree with the "Dubai 2040" plan, which will eventually lead this city to its main objective: to reach the top of the podium in every field. There's still plenty of time to invest in this ambitious city, which will only go from strength to strength in the years to come.

Entrust this daring project to a team of real estate investment experts. Vici, a real estate agency in Dubai that fights for you and wins for you.

Don't hesitate

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