Dubai investment property is an excellent idea especially in a property market that is booming like Dubai. Considering the current market trend, rents are rising at an average of 37% according to statistics issued by the Dubai Municipality.
When considering Dubai investment property, effectively you are going into business, and are no longer just a homeowner. Buying rental properties in Dubai still stacks up from a business view, provided that you are long and not short term in your outlook.
Now Dubai property investment is a long-term investment so what you need to be very careful about is that your financing is not so tight that you can not afford to ride out the rough times. Property moves in cycles so you can not avoid some bad periods over the time you own a place, but you do have to be absolutely certain that you can survive them - and not have to sell up at the worst possible moment - and thus live to enjoy the equally inevitable upside.
Dubai investment property is a good hedge against inflation which is showing signs of re-emerging in the global economy. Rental income from property is a stable source of income, and while it might fluctuate, is highly unlikely to vanish altogether. Compare that to interest on deposit accounts or dividends on shares.
Dubai property investment is open to any investor from anywhere in the world, unlike the local stock market. This means greater liquidity and more funds in the marketplace. People from across the globe are flocking to Dubai to invest in property here because it is the most viable investment option in the international property arena.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment