In 2022, Dubai ranked second place in the InterNations global network as one of the best cities to relocate to. In order to create a ranking system, analysts assessed the quality of life in the country, employment opportunities, ability to save money, and the quality of available real estate.
8.55 mln
In the first quarter of 2023, Dubai welcomed around 8.55 million foreigners
2nd Place
in the InterNations global network
Dubai attract foreign investments
Dubai continues to actively attract foreign investments. To facilitate this, UAE authorities allow real estate to be purchased with mortgages and have updated the rules for obtaining the Golden Visa. The investment threshold for being eligible to receive this type of visa has been reduced from AED 10M (USD 2.7M) to AED 2M (USD 545K).
AED 2M
USD 545K
Golden Visa
updated the rules for obtaining
The new man-made island — Palm Jebel Ali
Additionally, a massive project called Palm Jebel Ali has been launched in Dubai. The new man-made island is planned to feature recreational areas, water sports facilities, camping sites, family leisure zones, as well as over 80 world-class hotels and resorts.
80+
The master plan of the project includes 80+ resorts and hotels
by Nakheel
Properties
Improve the quality of life in the emirate
Construction is currently underway for the Agri Hub agricultural centre, Dubai Urban Tech District, Mohammed bin Rashid Solar Park, Etihad Rail, and other big projects. These initiatives will improve the quality of life in the emirate, increase tourist influx, and enhance attractiveness for investments.
Dubai Urban Tech District
Agri Hub
Agricultural centre
What are the advantages of investing in Dubai real estate?
Stable economic development
Dubai has implemented several sustainable development programs, including the Dubai Industrial Strategy 2030, Dubai Clean Energy Strategy, Dubai Future District, and UAE Centennial 2071. Each of these strategies aims to transform the emirate into an international hub for clean energy, economics, education, and innovation.
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Dubai Industrial Strategy 2030
Dubai Clean Energy Strategy
Dubai Future District
UAE Centennial 2071
Advanced infrastructure
Dynamic rental market
The emirate boasts international franchisees of various nurseries and schools, Michelin-starred restaurants, and world-renowned shopping centres like Dubai Mall and Mall of the Emirates.
In the first quarter of 2023, Dubai welcomed around 8.55 million foreigners. This is the best tourism performance in the city for the first half of the year since 2019. The stable and significant influx of tourists and international businessmen creates a high demand for rental properties.
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53
>8.55
number of metro stations
mln foreigners
Stable currency
Visa opportunities
Flexible payment terms
Affordable prices
Strategic location
The UAE currency is considered one of the most stable in the global economy. The exchange rate of the Arab Emirate Dirham to the US Dollar has remained unchanged for 20 years, firmly staying at AED 3.67 per USD 1.
Investors who purchase property can obtain a visa. If the value of the purchased residence exceeds AED 750K (USD 204K), the investor can receive a 2-year residency visa. If the investment amount reaches AED 2M (USD 545K) or more, then the investor is eligible for a 10-year Golden Visa. This visa allows the holder to legally stay in the UAE long-term, open a bank account, study, work, and relocate the family and domestic staff.
When purchasing property, investors can utilise mortgages or interest-free payment plans from developers. In the latter case, payments are typically divided up over 3-5 years, excluding the down payment and one-time fees that amount to 5–10 % of the purchase cost. Some developers offer post-handover payment plans, allowing the remaining amount to be paid over several years after project completion.
The cost of luxury residences in Dubai is lower than in London, Hong Kong, and New York. Developers continue to offer premium-class properties as international investors can purchase elite real estate in a developed resort city at almost the cost of construction, with a return on investment (ROI) of 20–30%.
Dubai airport provides connectivity to Europe, Africa, North and South America, the Middle East, and Asia. It is considered the busiest airport in the world in terms of international flights.
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1 USD = 3.67
5-10%
AED
Down Payment
16,798$
30,066$
4,023$
London
15,926$
Hong Kong
Dubai
New York
* Price per square meter in city centre
High ROI
Investing in Dubai real estate offers a high ROI and is tax free for investors from every country except the United States. The average return ranges from 5–7% or higher.
Casa Canal is an ultra-luxury complex with a limited collection of residences and private pools, located on the Dubai Water Canal embankment in Al Safa.
We have built an extensive client base, which is a testimony to our credibility, reputation and impeccable customer experience.
Metropolitan Premium Properties, founded in 2012, aims to cater to all players of the real estate market, from investors and developers to end users and tenants.
Metropolitan Group was founded in 2008 and provides a range of real estate services in the UAE and Central Europe. We have offices in Dubai, Abu Dhabi, Vienna (Austria) and Hong Kong (China). We have been recognized with many awards as one of the best brokers in connection with major UAE developers such as Emaar Properties, Dubai Properties, Meraas Holding, DAMAC Properties and Aldar Properties. This gives the company priority access in booking the best properties.
Metropolitan Premium Properties was awarded Real Estate Agency 5-20 Offices Dubai and Best Real Estate Agency 5-20 Offices Arabia at the International Property Awards 2022. In 2023, the company took 6th place in the Best Workplaces ranking, rising 4 positions from the previous year.
Our Awards
Meraas Black Onyx 2023
dubizzle Agency of the Month
Darglobal Top Performing Agency 2023
Emaar Broker Awards Q1 2023
Best Real Estate Agency 5-20 Offices Dubai
2023
Best Real Estate Agency 5-20 Offices Arabia
2023
6th place in the Best Workplaces
2023
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