UAE is known for its investor-friendly practices. An investment in Dubai attracts no annual property tax, income tax, capital gains tax, rental revenue tax, or Value Added Tax (VAT). This allows an investor to dedicate a much larger financial portfolio to purchasing property and, in turn, get higher returns.

Dubai property market is one of the few in the world to be tax-free. Property buyers will only have to pay one-time property transaction and registration fees and will not have to pay recurring taxes. This makes it more affordable for investors than many other large cities.

When looking at housing costs, keep in mind that Dubai is the most expensive city. Abu Dhabi comes in at a close second. Sharjah, Fujairah, and Al Ain are all less expensive options. There are different types of houses available throughout the UAE.

Dubai offers superior property yields than popular cities such as London and New York, with a gross rental yield of between 6-10% and an average return of 7.5%. The property prices in Dubai are also competitive versus other major international hubs like London, New York, Hong Kong, Paris, and Singapore.

With tax-free income and just 5% VAT on goods and services, Dubai offers the rare chance to enjoy life, take a comfortable vacation once in a while and boost your savings all at once. All these factors have made this city a perfect place to live and invest your money.