Dubai Becomes Favorite Destination for Indian Real Estate Investors

Dubai Becomes Favorite Destination for Indian Real Estate Investors

Dubai real estate has always been the center of attraction for investors in India. Over
the past couple of years, that intensity of interest has grown significantly. According to
the recent Dubai Land Department statistics, the intensity of Indian real estate
investments has crossed over Rs. 42000 Cr. over the past 18 months. It is around 40%
higher than what it was in the year 2014. Indians are the topmost foreign investors in
Dubai these days by a significant margin.

Well, there are different reasons for such a huge interest. Here are some of the key
attractions –
Great Returns – According to historical data, Indians has potential to access tax free
returns of 8 to 10% with Dubai real estate investment. They also have very appealing
capital appreciation and it is a lot better than what they can expect in several major
cities in India.

Easy Investment – According to the existing RBI rules, an Indian can remit up to US
$250,000 per annum to any country or Dubai which means an individual US $500,000
can be invested in Dubai real estate within few years. It is enough to acquire a property
over there. The abundant frequency of flights and short distance between Dubai and
India further adds to the appeal and viability of Dubai as a real estate investment hub.
Huge Transparency – Transparency is very important in real estate investments,
especially in foreign investment. To be clear, foreign investments in real estate market
in India surged just after RERA’s announcement. The real estate market in Dubai has
been very transparent frequently in all aspects. So, it is very appealing for the investors
in India.

Lower Budget Needs – When compared to Tier-1 cities like Delhi and Mumbai, an
inverter is required to shell out a lot less to invest in property markets in Dubai.
According to the reports, the property price is around Rs. 25000 per sq. ft. in Dubai on
average, which is significantly lower than investing in Mumbai Central or Delhi. With
less budget needs, investors have a great option to invest in a very profitable market.