dubai-investment

 

 

Dubai ranked one of top 6 cities for expats globally

 

There are a number of reasons as to why Dubai is regarded as one of the best cities in the world. This is thanks to its unique architecture, multicultural environment, overseas property demand and top tourist attractions.

In 45 years, the city has transformed itself from a local trading community into one of the most inspirational, exciting and successful cities in the world, says Gulf Sotheby’s International Realty.

“In the 1980s and early 1990s the city took a strategic decision to become a leading international tourism destination and it has quickly become a city that is recognised all over the world, with the world’s tallest building, the world’s richest horse race, the world’s tallest choreographed fountains, the world’s largest man-made island, the world’s most luxurious seven-star hotel and the world’s most visited mall.”

 

 

Why is Dubai one of the world’s top cities?
 

Young professionals on the lookout for adventure and new places to settle down are increasingly gravitating away from Hong Kong and Singapore into new cities. 

The post-Covid, inflation-hit world is moving away from old cosmopolitan center's to newer, younger cities with vibrant cultures. These hotspots bring with them affordable luxuries and high-paid jobs.

 

 

“With extensive investment in advanced infrastructure and completion of incredible projects with unmatched speed and scale, the city has become one of the most futuristic cities in the world.”
  •  
Dubai Real Estate


 

bitcoin and crypto in Dubai

 

 

Dubai top city for expats globally.

 

It comes as no surprise that Dubai ranks among the top cities in the world for expats.

The combination of a stellar Covid-response and the war in Europe has seen a rise in the influx of expats into the emirate.

Bernd Hanke, partner of a London-based fund, moved to Dubai during the pandemic to escape rounds of lockdowns and Covid measures in Stuttgart, according to Bloomberg. A growing number of financial professionals are relocating to Dubai, which is bolstering its financial and cryptocurrency markets.

Hanke enjoys waking up to the lush green golf course view from his Emirates Hills accommodation and the warmer temperatures as compared to his home in Stuttgart. The similar time zone to the Europe is a bonus as well, as it allows him to reach the UK-based investors in his $400 million equity fund.

“Dubai handled the pandemic very well and there was almost no lockdown,” said Hanke, 48. “I would quite like to be in Dubai even for the longer run,” he said. “I have to make up my mind on that.”

 

 

 

REASONS TO CALL DUBAI HOME

 

 

WORLD-CLASS HEALTHCARE

With heavy investment in the healthcare sector, the city is the perfect choice for your health and wellbeing.

 

TAX EFFICIENT

Dubai is free from Income Tax for residents with no Value Added Tax (VAT) levied on residential property for investors.

 

STABLE CURRENCY

The UAE Dirham has been pegged to the US Dollar since 1973 and set at a constant rate since 1997.

 

 

 

EASY CONNECTIVITY

Dubai is a direct flight away from 97 countries, so rest assured, your home-away-home helps you stay connected to everything that matters.

 

 

 

 

 

 

COMMUNAL HARMONY

Home to over 200 different nationalities, Dubai is a cosmopolitan safe haven that stands for inclusion, diversity and security.

 

 

SAFETY FOR ALL

The UAE is one of the world’s safest countries with a law enforcement system that showcases years of development and foresight, resulting in low crime rates.

 

 

Careers Image

How can we help you?

Contact information

Address: DAMAC XL Tower Floor 19, Suite 1904 Business Bay Dubai, UAE
Hotline: +971 54 990 8590
Email: Info@PHOREE.AE

 




Share this post:

Related posts:
How to Triple Your Airbnb Income During Dubai's Peak Tourist Seasons

Boost your Airbnb income by leveraging Dubai's booming tourism market. Learn about peak tourist seasons, effective marketing strategies, and unique guest experiences that can maximize your profitability. Explore expert tips from PHOREE Real Estate, Dubai's premier real estate consultancy.

Avoid These Common Airbnb Mistakes: Top Tools and Tips for Investors!

Learn how to manage your Airbnb property efficiently with expert tips on guest check-ins, property management software, cleanliness, and handling guest reviews. Maximize profits and ensure guest satisfaction with these best practices. Contact PHOREE Real Estate for personalized property management...