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The activity in the property market reached a truly feverish pace in March 2006 when the ownership laws were changed to allow freehold property ownership in Dubai. The property market has been expanding at a rapid pace, with the availability of some of the most technologically demanding engineering projects that the modern world has seen.
Cutting edge skyscraper designs are on every block, some of which appear to defy the laws of physics, man-made islands in the shape of huge palms, and a manmade island complex in the shape of the world are just a few of the sights you will enjoy.
Dubai is also one of the safest places to live and visit with virtually no crime, and has long been a prosperous location with a rich history of international trade.
The standard of living in Dubai is one of the highest in the world. It holds the record for the most 5-star hotels in the worlds, the first 7-star hotel in the world and will soon have the world tallest building in addition to the tallest residential building in the world.
It is no surprise that with the cutting edge designs, the state of the art facilities and the most attractive business and residential locations that Dubai has been the hottest property investment location history has ever seen.
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Some of the benefits to investment in Dubai are:
- 0% Capital Gains Tax
- 0% Rental Income Tax
- Low Inflation
- High Rental Yields
- Ever increasing Demand
- Low Cost of Living
- Stable Currency
- Year round Sunshine
- Diverse Cosmopolitan City
- High Standard of Living
- Freehold property ownership
- Government dedicated to boosting tourism
- Deferred payment structures on property purchases
- High capital appreciation
- High rental yields
- Competitive prices
Dubai Luxury Apartments for Sale
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