Dubai’s Real Estate Market: What European Investors Are Buying

It is known to many that Dubai has become a top destination for foreign investors seeking to purchase a real estate opportunity.

Whether an opportunity in the holiday homes sector or for long-term, nationals from the United Kingdom, Italy and France constitutes the top 3 real-estate property buyers from Europe.

Interestingly enough, Italians have ranked second in the list. As an Italian business operating in the UAE, it’s also our curiosity to understand why Dubai is an appealing investment arena for Italian investors.

So, why do Europeans, specifically Italian, invest in Dubai?

1. High Return On Investment (ROI)

Compared to major global markets, such as London, New York or Hong Kong, investment properties in Dubai offer rental yields between 6% to 10% on average. Therefore, much higher compared to the rest.

1. Golden Visas

What a game-changer! The UAE grants foreign investors a 10-year residency when purchasing freehold property or more than one with a total investment of minimum AED 2,000,000 (500,000 Euro). Hence, making it very enticing to Western European nationals, including Italians.

3. Overall Stability

Due to Europe’s geopolitical climate,  Italians are not only investing in property. They are also  moving their families here too for the simple reason that Dubai has a stable economy, it is safe and strategically positioned between Asia and Europe. Hence, making it a paradise not too far away.

4. Property Investment Options

Dubai has it all, from affordable studio apartments to luxury penthouses. Dubai offers more options for property investments than its counterpart cities. Therefore, Italian investors always find something that suits their budgets.

Are you planning to purchase your next   property in Dubai?

Dubai’s property investment landscape is ever-evolving. This is driven by effective initiatives and growth drivers that entice investors from all over the world to have a share in the market.

Now is a great time to hop on the property ladder. A high ROI compared to global markets, zero tax and a sustained rise in real estate prices.

Have a chat with us, we’ll be happy to answer any questions you may have, guide you through the investment journey   and provide bespoke services for your next investment. Everything without any extra charge.