Seven Emirates in United Arab Emirates for Investing in Real Estate
The United Arab Emirates, often referred to as the UAE, is a country located in the Middle East on the southeastern coast of the Arabian Peninsula, and has borders with Saudi Arabia to the south and west, Oman to the east, and the Persian Gulf to the north.
The seven emirates comprises of Abu Dhabi, which is the capital and largest emirate, known for its oil wealth, and Dubai which is a major global hub for business, finance, and travel.
Also Sharjah, which is considered the cultural capital of the UAE, Ajman which is the smallest, yet still well-known emirate, Umm Al Quwain, the second-smallest emirate, Ras Al Khaimah which joined the UAE in early 1972, and finally Fujairah which is the only emirate with a coastline on the Gulf of Oman.
The UAE has become one of the world's most well-known destinations for real estate investment and luxury property ownership, and currently the emirates that stand out the most on the global stage are Dubai, Abu Dhabi, and Sharjah.
The Seven United Arab Emirates - popular with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Why Buy or Invest in Property in United Arab Emirates?
The UAE is known world-wide as a globally strategic location, and acts as a major connection for business and commerce between Europe, Asia, and Africa.
Leading world airlines such as Emirates and Etihad make the UAE one of the most connected hubs on the planet, and one of the most sought after locations for business owners, investors, and global travelers.
The UAE is know for having a strong and stable economy which is driven by finance, tourism, logistics, energy, and the technology sectors, plus a range of low taxes and investor-friendly policies.
The UAE Dirham is a relatively safe currency that is pegged to the US dollar making purchases and sales of real estate more predictable, and stable for investors and private buyers.
Additionally the region offers options like zero income tax, 0% income tax on individuals, and no property tax or capital gains tax on real estate, which all lead to the UAE being appealing for high-net-worth individuals and long-term investors.
The UAE is known for providing high rental returns, good capital appreciation, and has a very strong demand from international buyers, corporate and private.
Dubai in the UAE ranked among the world's top luxury property markets, with areas like Palm Jumeirah, Dubai Marina, Downtown Dubai, Emirates Hills, and Saadiyat Island attracting global wealthy buyers.
Investors and private buyers have a wide range of options when it comes to real estate types that include ultra-luxe waterfront villas, branded residences, penthouses, and smart driven apartments and condos.
The UAE is a multicultural environment with residents from over 190 countries, and provides opportunities for long-term residency which can be obtained by buying property.
Additionally there are 2-year visa for smaller investments, as well as a 10-year 'Golden Visa' for higher property investment values.
Due to the exposure of Dubai in particular the UAE has a large tourism sector with demand in Dubai, Abu Dhabi, and Ras Al Khaimah for long- and short-term rental accommodation.
The UAE is home to numerous major events such as hosting F1, Expo Legacy District, and a large number of international conferences, which all supports the real estate market and thus continued growth.
