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For Indians looking to invest in a real estate in Dubai, the attractions include high rental yields of up to 7 percent, potential capital appreciation, and the opportunity to own a property in a global city.
Demand for rented accommodation by expats is exceeding supply. Brokers say monthly rentals have gone up to Rs 15 lakh.
For developers, plotted development helps liquidate land banks to raise working capital. These projects require minimal capital investment, limited project execution risks and faster exit opportunities.
The top three things to look for are location, location, and location. But amenities, demographics, maintenance, and of course, one’s own expectations, play a significant role. Good luck.
The last few years have seen the emergence of a new class of homebuyers -- somewhere between an investor and an end-user – who is not interested in making a quick buck, but is in it for the long haul.