Why is Dubai better for luxury property?
We all dubai is growing city. There you can spend best affordable luxury life easily. Dubai is one and the only city, there you can spend luxury life in a luxury property. The commodities price like petrol, gold, cleaning services, and other commodities is cheaper in comparison to the other major cities. Only 1% of things are not cheaper from other cities. Dubai has a very friendly rules and regulations system for investors and foreigners. Free income tax and additional charges system for an expat (this is another advantage). Dubai property always gives the best ROI because of the rapidly rising population and living standards.
The analyzing report by the world’s top real estate guru’s. According to the report, you can get USD 1M worth of luxury property in major cities of the world.
Hong Kong - 237 sq. Ft - 1Million USD
Geneva - 441 sq. Ft - 1Million USD
New York - 334 sq. Ft - 1Million USD
Monaco - 172sq. FT- 1Million USD
London - 334 sq. Ft - 1Million USD
Cuties like Paris, Sydney, and Shanghai offer less than 620 sq. Ft of luxury property for 1Million USD.
It would surprise you to know that Dubai offers 1539sq. FT luxury property for the same budget. Less sq FT property worth is less than from 1Million USD. Now you are thinking, we get luxury property in a low standard building, But it isn’t the truth. Dubai has the best building structures that you can compare with other top standard buildings in the entire world. Dubai has an unparalleled portfolio of luxury properties.
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Source link - https://sites.google.com/view/reale-estate-agent-in-dubai/dubai-luxury-property
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