The Economics of Dubai’s Real Estate Industry

If you’ve been paying attention to the global economics of real estate, you might have noticed that people have been pumping serious money into investments in Dubai over the last couple of decades. What was once a small port fishing village has turned into perhaps the hottest city in the world. It’s a tourist destination, a thriving economic hub, and a seriously great market for real estate investment. But what are the driving factors of this healthy real estate scene? In this video, we’re taking a look at some of the many reasons why Dubai is considered one of the best spots in the world for real estate investments. We’ll talk about how they’ve established a firm plan for the next 20 years and beyond, to capitalize on their rapid growth in the past couple of decades. We’ll also talk about how they managed to turn their real estate market around in 2002 by establishing a freehold policy, allowing foreign investment in the city. And then there are current factors, like the fact that the local (and national) government handled COVID incredibly well, which has allowed them to bounce back much quicker than other countries globally. We’ll talk about the excellent tax benefits they offer investors, as well as the easy visa process they have, making it a prime place to set up shop for a new business. And how they’ve instilled regulations to further ensure the safety of real estate investments. Then there are the many factors that drive their impressive tourism industry, and more. So check out this video for a sense of the economics of Dubai Real Estate!
Written by: Tim Blane
Narrated by: Tim Blane
For copyright matters please contact us at: [e-mail]
CHAPTERS:
00:42 A Focus on Future Growth
02:19 Freehold Era
03:28 Excellent Tax Benefits
04:21 Prices
05:39 Tourism
06:45 Friendly visa policies
07:28 Dubai’s Response to COVID
08:32 Improvements in Real Estate Market Regulation
08:59 Potential Drawbacks

[@ReinhardtMiller]

Thank you for the information.

[@steps2uccess]

Great video💛

[@njain1983]

Dubai real-estate is red-hot which is most likely in a Bubble stage. Let's see what happens when tens of thousands of units start getting delivered every quarter over the next 2 years. Dubai RE market right now is same as US Equity market in late 2020. Dubai market has been very cyclical, contrary to what is said in this video. It not only peaked in 2008, but also again in 2014 and the same cycle repeating again, with a peak now or coming soon. Anyone investing in 2023/24 will surely keep holding the bag for a few years. People who invested in luxury villas in 2014, have seen their villas back to purchase prices early this year. So goodluck! The huge appreciation since COVID has been more because of Russians running away from their motherland in addition to people from India and China taking money out of their respective countries.

[@miningnation8014]

Hi , are you in the real estate business ? I'm studying about it. It would be great if you could help me.

[@WorldsEdge608]

also oil prices shot up since 2021

[@AmitKumar-kr2wf]

Crisis of 2008 and 2014 did not affect only Dubai. Had you been invested somewhere else, it would be same fate. There has been no Dubai-specific real estate crash. But there has been Dubai-specific boom, which is now as compared to rest of the world. So it is wise to invest in such a market rather than any other place. And when Indians invest, they hold. And so the prices will hold on, but will not crash.

[@JudgeDredd888]

Nice commercial ...... ho commisioned it?

[@dinofabrizzi2116]

😅😅😅😅😅😅

[@sevenfold-real-estate-dubai]

Well scripted & quite objective among recent channes