With its rising population, shortage of real estate and a booming tourist industry, buying property in Dubai can offer investors substantial and lucrative returns. In addition, Dubai has scrapped its protective property laws and opened its doors to any foreign investors looking to buy property in Dubai, with a number of incentives tied in.

Firstly, those buying property in Dubai will not be subject to capital gains tax or income taxied levied against them. This, of course, offers investors fantastic value for money and, once the property is registered with the Lands Department, the property in Dubai can either be sold or used for rental purposes. Because of the demand for property, either option offers great financial returns; many tenants are looking to buy property in Dubai to escape the high rentals, while others are content to pay the fees and in order to escape the competition.

In addition, Dubai property law states that investors can buy property in Dubai without limitation, making it a perfect city in which to establish a desirable portfolio.

Dubai has been a well-respected tourist destination for decades, attracting millions of visitors each year, from across the globe. However, there is also a shortage of mid-range hotels for tourists; currently, they can select luxury, five-star apartments or low-end hotels. Developers have spotted the niche in the market and off-plan hotels are selling very quickly. The property Dubai has to offer is wide-ranging and attracts different investors, according to their requirements.

At Select Property, we source only the best property Dubai has to offer and procure it on our clients behalf at very competitive prices. If you are considering buying property for sale in Dubai, place the process in the hands of our staff and discover how we have achieved our reputation as the UK's leading overseas investment property specialists.