It is expected that this year the number of Russians wishing to buy real estate in the UAE will increase by 30% compared to last year.
The Emirates, in particular Dubai, represent the best opportunities for those who want to buy real estate. Here you can buy not only apartments, but also houses and commercial real estate. Moreover, the acquired real estate in Dubai can be a reliable investment object and bring income in the long run.
In the first days after the earthquakes, in early February, the number of transactions rose by 120% compared to the same period last year. This means that Turkey is losing ground to the Emirates in terms of demand among Russians. Chinese citizens are no less interested in purchasing square meters in the UAE in recent years, but it is expected that the first line on the total number of interested buyers will still take Russian buyers.
Against the background of growing demand the cost of real estate in the UAE will naturally grow. This year the prices are expected to rise by 25% compared to the previous year, and the prices per square meter in Dubai and Abu Dhabi will be equal by the end of the year.
This means that it is the right time to invest in real estate, particularly resale - there is no resale or rental tax here. There are also interest-free installments and the ability to sell an apartment or villa at any stage of ownership.
If you want to make a secure investment, this year we should pay attention to the UAE, in particular Dubai. Here you will find a wide range of apartments and villas with the opportunity to make a bargain purchase that can bring you not only the satisfaction of buying a new home, but also profits in the future.
