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Time To Go International In Investment – Try Dubai
Investments in properties rarely face failures. And if the investment is done in the richest city of world, the chances of fail goes down to almost nil. Yes, you have guessed it quite correctly, I am talking about Dubai, which is regarded as the richest city of the world as of now. It has emerged as a global city and is the main business centre of the middle east. Oil has definitely helped the country in its iniitial development. But today (as per Wikipedia), emirate's depency on oil for revenue has gone down to 5 percent. The main sectors that are presently driving its huge revenue are aviation, financial services, tourism and real estate. That's correct—real estate.
Dubai today is well-known for high-rise buildings and skyscrappers that are iconic for the city. Saying that it has to be noted that tourism industry too, to some extent, edges on them. Burf Khalifa, the tallest artificial structure of the world, draws in lakhs of tourists per year. The other mentionable structures are Burj Al Arab, Almas Tower, The Marina Torch, and the list is endless.
So, when you have already made up of your mind that this time ...
... while investing, you will strictly stick to properties, then why not Dubai? According to the data from 2012, Dubai is 22nd most expensive city. Though that means buying property there will cost huge but it also suggest that the rental and resale value of that property is huge similarly. Dubai recently is becoming wealthy Americans' apple of eye. Also an American consulting firm Mercer has rated Dubai as one of the best places to live.
In 2008-09 Dubai's real estate sector has seen a major detoriation owing to the financial crisis in 2007-08 and also faced major crticism for violation of human rights regading the large South-Asian workforce of the city. However, the smart city with its smart strategies soon overcame those and drew major attention from the world with its innovative construction projects. As Emirates 24/7 has noted Damac MD, Ziad El Chaar saying, “Population, economy, tourism, number of visitors to the airport and infrastructure investment is growing in the emirate. If you see these factors and see the results of the two biggest real estate companies (us and Emaar) in the first half of 2015, we both booked sales close to Dh13 billion.”
Reading thus far, you must have already made up your mind, but thinking how to invest in Dubai fron India? Which property dealer to contact in Dubai? And to confirm there authenticity?
Well, it is very true that while investing in properties you should always rely on a trustworthy property dealer and if the investment in going to be international, you need to be ever more cautious. Akshay Argade Real Estate is one of the most trustworthy property dealer who are head-quartered at Navi Mumbai. Founded by the management grad Akshay, the company runs on the vision of “to provide the best, to the best.” The company that boast of number of NRI clients all round the world, now brings you the opportunity to make investment in properties at Dubai.
So now, no worries of contacting an international property agent, no hassle of checking their background and authencity, and no fear of fraud. Go international in investment with the trustworthy property dealer from your own city.
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