UAE
The UAE climbed 10 places to rank fourth best country in the world to live and work, a new study has revealed. “The country’s focus on innovation, infrastructure, quality of life, diversity and inclusion have made it the destination of choice for businesses and professionals looking to grow and prosper.”
Dubai
TDubai has evolved over the years to become one of the world’s most prestigious and popular tourists attractions, enticing visitors from different sectors to its shores to experience what the ‘must visit’ destination has to offer.
As a place famous for superlatives, such as the world’s biggest skyscraper and largest mall, it’s unsurprising that people flock to its shores to set their eyes on its great feats and achievements, but what keeps people coming back year after year?
Dubai is known to be one of the urban miracles of the modern world; a futuristic city rising in the middle of a desert which was just a tiny fishing village. It seems almost illogical that a small town in a very inconvenient climate zone could become one of the world’s biggest business and financial hubs. How did this happen? To answer this question, have a look at video “The Dubai Story”
The Dubai Story
What Dubai Offers ?
Cosmopolitan lifestyle mixed with local culture
The emirate is able to offer visitors the perfect mix of a cosmopolitan city with traditional aspects of the local culture. There is a feeling of energy and high spirits no matter where you go in Dubai, whether that be to watch fantastic firework displays or visiting local markets.From traditional restaurants serving local dishes to a wealth of entertainment options, Dubai has something to offer everyone.
In addition, the emirate’s colourful and lively souks offer tourists a real taste of traditional Dubai and allow them the opportunity to try their hand at bartering to buy presents for themselves or gifts for those back home.
World-class Shopping & Tourist Destination
Dubai is home to the world’s largest mall, and it is further endeavor to yet build another state of the art Dubai One Mall in Meydan district, so it would be remiss not to mention the emirate’s shopping facilities, which are well-known across the globe. The malls are modern, air-conditioned and feature the latest fashions.
Where else in the world can you be skiing on real snow one minute then riding a camel in the desert, sand dunes next or swim with dolphins, enjoy a day at the waterpark, embark on a hot air balloon adventure, plus much more.It would be impossible to try everything Dubai has to offer in a single trip, which is why people return over and over again.
Tourists are spoilt for choice when they visit Dubai and they might have a list of things they want to do, but it could take several trips to complete.
Dubai As A Business Hub Offers
Safe Investment & Foreign Ownership
Dubai is safe for investments, it allows foreigners 100% ownership of their businesses and allows to purchase real estate for personal use with 0% Tax on income from Residential investment as well as from Employment.
Return On Investment
Dubai remains the 4th city in the world which gives one of the highest returns on real estate investment. With proper regulation and its implementation in place, Dubai gives its investors a peace of mind and allows them to seamlessly make their earnings from their investments.
Property Investors Visa
Dubai is offering residence visa to property investors with a minimum investment of AED 750,000 (USD 205,000)
Golden Visa
Dubai is offering a 10 years Golden Visa for investments which exceeds AED 10 Million (USD 2,750,000)
Dubai’s Regulatory Environment
Dubai provides is a highly regulated and advance environment for its investors and residents. The various governing bodies including Central Bank ensures that the investors remain protected and at the same time have the ease of conducting their business from the region.
Central Bank
The Central Bank of the UAE (CBUAE) promotes financial and monetary stability, efficiency and resilience in the financial system, and the protection of consumers through effective supervision that supports economic growth for the benefit of the UAE and its people.
Dubai Land Department (DLD)
Dubai Land Department (DLD) was founded in May 1960 to establish the most prominent real estate sector at regional and international levels. DLD develops the necessary legislation to propel the real estate sector in Dubai DLD seeks regional and worldwide innovation in real estate sectors that include Real Estate Registration and Services, Real Estate Promotion and Investment Management, and Corporate Support, as well as the Real Estate Regulatory Agency, the Dubai Real Estate Institute, and the Rental Dispute Centre.
Real Estate Regulatory Authority (RERA)
RERA is the governmental agency and the regulatory arm of the Dubai Land Department (DLD). Its main function is to regulate and authorize the real estate sector in Dubai. It develops policies and plans to encourage foreign investments in the sector. RERA organizes the process of property exchange and oversees the relations among all contracting parties. Along with offering a transparent and effective legal framework to those in the sector.
Dubai Courts
Dubai Courts has played a vital role in the tremendous growth and developments taking place in the city. The courts have been instrumental in providing the impetus for the economic boom and helping to enhance the reputation of the Emirate on a global level. The Emirate of Dubai has an independent legal system, meaning it is independent from the Federal System and authority of the Federal Supreme Court. The Dubai court system consists of three stages: the Court of First Instance, the Court of Appeal, and the Court of Cassation.
DIFC
Dubai International Financial Centre (DIFC) is the leading and largest financial hub for the Middle East, Africa and South Asia (MEASA). DIFC is home to an internationally recognized, independent regulator and a proven judicial system with an English common law framework. DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations as it comprises a range of world-renowned retail and dining venues, residential apartments, ultra-modern office space, dynamic art and culture scene, hotels and public green spaces.