The UAE has a booming economy, the tourism industry embraces booming and attracts interest and investment in the world. As high industrialized federation, the United Arab Emirates is one of the most developed economies in the world, which they have per capita GDP placing on the 5th position in the world and scored on 3rd position in the Middle East followed by Qatar and Kuwait.
Low tax rates
As in Dubai, the prices and values of construction projects in Dubai by BNC Network after completion are set to soar in other emirates that is usually dramatic land cost increase.
The lack of taxation and low cost of living are significant incentives for investors and attracts many foreign companies to establish operations in the UAE's free zones and in the industrialized cities. High construction quality and facilities, including the state of the art shopping and entertainment complexes are made by the NBC network to attract sophisticated investors building as well.
After the phenomenal success of Dubai in the field of construction, after the other Arab Emirates are now suit, each with its own economic characteristics, but the investment tax-free performances similar to Dubai. For the time being, the lowest price, a solid infrastructure and the strong demand for commercial and residential real estate for the success of the real estate markets in other Emirates like Sharjah, Abu Dhabi, Sharjah, Fujairah and Umm al-Qaiwain attract these emirates attract a constant stream of new investment market.
Construction Completion time
Investors in the development of the UAE factor stage between 18 and 24 months, the reserve to build stages of completion. Short-term investors typically seek to take advantage of a carefully selected and promising market, its long-term average piece of investors sold about 14 to 18 months after the original booking, regardless of whether the project is also finished.
General conditions for payment
Payment terms vary according to the emirates; Some projects in Dubai often offer 10% with the remaining balance at the end, while other emirates require about 20-40% of the purchase price. In this way, investors can invest on short-term operating strategy with minimal investment. Of course, the earlier made the investment, more investment. As important as we give the project as soon as possible, investors will get the best choice of units that will always be the first to attract buyers in the future.
Project risks
All investors should carefully consider the relevant project and the units in which they wish to invest. In many cases, a number of other projects are under construction and will need to make a choice. A decision will be based on how a particular project or development will place its competitors in terms of appearance, location, equipment on site and the device itself. Investors should also consider issues such as the number of other units in the particular development, the expected demand and competition to consider the type of property you are considering.