Dubai, a city known for its skyscrapers, luxurious shops, and vibrant nightlife. There is a constant influx of affluent buyers, resulting in a more than 89% increase in property prices in 2023. This makes real estate in the city a quite lucrative investment.
A stable economy, cosmopolitan lifestyle, and year-round sunny weather attract people from all over the world. If you are considering this luxurious place for your next home, you’ve come to the right address. On the ALIRA real estate agency website, everyone can find and buy an apartment by the sea in Dubai.
Advantages of Buying an Apartment in Dubai by the Sea
In the UAE, there is a fixed exchange rate of the local currency, which guarantees the stability of the local market. If you want to invest in seafront property in Dubai, here are the 5 main advantages of buying an apartment in any of the residential areas:
- Symbol of a luxurious lifestyle. Let’s be honest: Dubai is synonymous with luxury. Owning property here means living a glamorous life. You will have access to world-class amenities, shops, restaurants, and entertainment. This is not just a place to live. It’s a lifestyle choice.
- Scenic views. You will enjoy a serene view of the Persian Gulf with shiny boats and skyscrapers. There are modern buildings, luxurious beach clubs, and plenty of high-end restaurants. On the balcony of an apartment by the sea, you can bask in the sunset or stroll along the promenade, enjoying the beautiful view.
- Prospective infrastructure. Dubai benefits from constant development and expansion of infrastructure. The government’s commitment to improving transportation, utilities, and public facilities ensures residents a high-quality living experience.
- Golden visa. This is an easy way to secure long-term residence for you and your family. Additionally, it opens doors to the rapidly developing business of the region.
- Tax-free investments. And here’s the best part – there is no property tax or income tax here. This means that if you rent out your property or decide to sell, all that money is yours. In a world where taxes eat into income, this is a huge plus.