Real estate brokerage
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Real estate brokerage
Over the past decade, Dubai has become one of the most profitable real estate markets in the world, due to its strategic location, stable political and economic environment, and tax benefits. Many people choose Dubai as an investment destination, thanks to the city's role as a commercial hub, located between Europe, Asia and Africa. The tax system specifically encourages foreign investment: there is no personal income tax or capital gains tax, and property tax is minimal. In addition, the Dubai government offers several financial incentives to encourage investment in the real estate market, such as selling properties to foreign buyers. The Emirati dirham (AED) is pegged to the US dollar, providing stability and confidence to investors. Dubai boasts an extremely low crime rate, creating a safe environment for residents and investors. By investing in real estate in Dubai, investors can get various renewable visas, giving them the opportunity to settle in the city. Dubai's economy is not based on the oil industry, but strives for a diversified, stable economic model. Tourism functions as a driving sector, and technology is of outstanding importance in the city's economy. The aim of the Dubai 2040 initiative is to double the city's population by 2040, thereby making it more attractive to global investors and visitors.