CEO Speaks: Why invest in Dubai?

Estimated read time 3 min read

Dunston Pereira writes his top reasons why Dubai is an investor’s haven

Known for the tallest buildings in the world, record-breaking statistics and omnipresent opulence, Dubai is one of the most attractive places to invest.

Geared towards tremendous economic growth, Dubai is set to thrive in the coming years, attracting global talent, increased amounts of Foreign Direct Investment and even more impressive projects which are in the offing. Let me share my top reasons why Dubai makes an excellent place for investment opportunity.

Low taxes

Dubai has no property tax, or capital gains tax, making the emirate the best place to invest. Once a property is purchased, owners will not pay additional taxes in the future, only the one-off real estate transaction fee. For business entities, the tax structure is either nil in the free zone or 5 percent in the mainland, which is the best in the world.

Outstanding financial rewards

Dubai has the 5th highest performing economy in the world. The government is dedicated to making the emirate competitive across the globe by constantly introducing new measures to improve the business environment and promote long-term growth. Individuals who are investing in Dubai property enjoy attractive benefits, including a 10-year visa. With unlimited remittance limit and a very stable currency, pegged to the dollar, Dubai offers unparalleled financial security.

Strong infrastructure

Dubai is one of those cities that provide exceptional infrastructure and high standards of living that continues to advance every year.

The city is home to super towers, including the Burj Khalifa. It has one of the busiest airports in the world. When it comes to seaports, its Jebel Ali Port is the world’s largest man-made port. These reasons are enough for any savvy investor to understand why Dubai is an investment haven.

Business hub

Dubai is a true axis of international trade, a gateway to the Middle East and Asia. It is home to many of Fortune’s Top 500 Companies and attracts business talents from every part of the world. There is no place that can offer you the multi-diverse skills and support than the huge population of working expats who call the city their home.

Exceptional hospitality

Did you know that 7 out of 10 of the world’s tallest hotels are located in Dubai? Dubai is a global destination, attracting high-net-worth individuals looking for unique experiences. Catering to those with eclectic tastes, Dubai is a retreat for connoisseurs with avenues to revel in the vibrant high-life, food and global cuisines that the city has to offer.

In 2023, Dubai welcomed a staggering 17.15 million international tourists, which marks a big increase from the previous year’s 14.36 million arrivals. This reflects Dubai’s continued efforts to attract visitors from across the globe.

Dunston Pereira is the CEO of the Private Office of Sheikh Ahmed bin Faisal Al Qassimi. From the author: At the Private Office of Sheikh Ahmed bin Faisal Al Qassimi, we are determined to support businesses and entrepreneurs who want to establish themselves in Dubai and the UAE with a single window platform for multiple activities. ICA/Expat Media

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