Dubai’s diversified economy attracts investors from more than 150 countries as the options for
investment are enormous for individual and institutional investors. Dubai’s real estate sector has seen
extensive growth over the years and among all the nationalities Indians are reported to be the major share
holders of foreign investment in residential and commercial real estate.
According to reports, Indians invested nearly AED 7 billion in Dubai real estate in the first half of the year.
Indians form the majority of the expat population in the United Arab Emirates and are the most prominent
expat community, owning small to large businesses and holding key positions in large companies. The
Indian impact can be seen by visiting areas like Karama and Bur-Dubai where Indians have created a
home away from home. The newly opened Bollywood Park in Dubai is a mark of the age old bonding
between the two countries. Being in close proximity to India is one of the main reasons of the Indian influx
into the UAE looking for opportunities in career, trade and business. This quick access from India to the
UAE brings many Indian businessmen to buy property in Dubai as Investing in a city that is only a short
flight away makes complete sense.
EASE OF BUYING PROPERTY
Buying a property in Dubai is much easier and straight forward than buying a property in India as there
is no or minimum paperwork involved and the process is pretty straight forward that keeps you clear
on what’s happening and how quickly it’ll be done. This sound too good to an Indian who is used to the
intricate buying process back home that will leave you exhausted. Transparent laws of owning and renting
a property make it simple to manage a single or a portfolio of properties while paying no taxes on rental
income.
PROPERTY PRICES
India is the second largest country in terms of