There are many countries where you can potentially invest money and purchase a residential or commercial real estate property. Many people think that an apartment is a residential property. Although it is actually a commercial property. In the Emirates, you cannot buy an apartment and get a certificate of occupancy. But it is a great way to make money on short and long term rentals while remaining a property owner.
Dubai as well as a number of other major cities in the Emirates, attracts investors from all over the world. Many people think that the UAE has already reached the peak of its popularity, which makes it less profitable to buy real estate here. Alternative options are Singapore, the United States, some countries in Europe and Asia.
But if you objectively analyze the situation, the Emirates are the world center and the most attractive place for investment. Go to https://theorchardplace.ae/en/apartments and look at the unique apartments, the owners of which you can become today. This is a great asset that allows you to make a great profit through rentals. In the Emirates are the tallest buildings, unique artificial islands, and a variety of entertainment centers. Dubai attracts millions of tourists every year. And all of them need somewhere to live and stay for a period of vacation.
Emirates is rightly called a global center for business, which is interested in investment, entrepreneurial activity and development of modern technologies. There is something here that is not available in many countries of the world. And some programs are unique. Therefore, in terms of investment, the Emirates remain the leaders of the whole world.
Is it too late to invest and buy an apartment now? No. This is an excellent period, during which there is still an opportunity to become the owner of commercial real estate for a relatively small amount of money. The UAE economy is developing rapidly, more jobs are created, innovative technologies are introduced and unique projects are launched. The number of tourists increases every year.
According to experts, in 2-3 years apartments, which can be bought now at an affordable price, will cost 20-30% more. And these are the most optimistic forecasts. That is why successful entrepreneurs and investors invest in the Emirates now. After all, in a few years they will have the opportunity to increase their own profits many times over.