Indian nationals continue to top the list of foreign buyers in Dubai's real estate market in Q2 2024, according to Betterhomes Residential Market Report. With over 40,000 transactions and a total value of AED104 billion, the market is booming, making Dubai a top destination for property investors.
Why Dubai Attracts Indian Investors
Sources: Arabian Business
Dubai's thriving economy, tax advantages, and long-term growth potential make it an attractive investment hub. Here’s why wealthy Indians are choosing to invest in Dubai:
Economic Stability: Dubai's transition from an oil-dependent economy to a global business hub offers security in an uncertain world.
No Taxes: With no capital gains or income taxes, Dubai provides a major advantage over other investment destinations.
Strategic Location: Proximity to India with excellent connectivity strengthens investment opportunities.
Modern Infrastructure: Dubai's continuous development, from luxury properties to sustainable projects, ensures growing property values.
With over 200 new residential projects introduced in 2024, the market is growing rapidly. Leading developers like Emaar and DAMAC continue to launch master communities that attract global interest. Meanwhile, the luxury property market has seen record-breaking sales, including an AED240 million villa.
Dubai’s rental yields outshine other global cities, making it a hotspot for investors looking for steady returns. High-end villas and apartments in areas like Palm Jumeirah and MBR City remain in demand for both sale and rent, reflecting Dubai’s appeal for luxury living. From Dubai Marina to Arabian Ranches 3, key areas like Business Bay and Dubai Hills Estate are thriving due to their strategic development and world-class amenities. With a business-friendly environment, strong property laws, and high ROI, Dubai remains a safe and profitable choice for Indian investors looking to expand their portfolios.