- Economic safe and stability:
Because of its strategic location, strong financial reserve, large sovereign wealth funds, and sustained government spending, UAE is gifted with the advantage of economic stability.
The progressive policy of economic diversification allows the country to expand with an increase in productivity by shifting the economy away from a single income source toward multiple sources. With an increased foreign direct investment, the country receives a constant flow of foreign currencies.
- Doing Business is seamless and easy:
The business environment in UAE is comfortable and favorable. The excellent infrastructural facilities made by professional expertise and personalized services give the UAE a situation that is suitable for professional business and is even comparable with other countries.
According to the World Bank’s Ease of Doing Business Report 2020 the UAE is ranked 16th globally among countries that are easy to do business. It ranked as 1st globally for ‘great electricity’, 3rd for ‘dealing with construction permits, and 10th in ‘registering property.
- Variety of business premises:
To do business UAE extends its flexibility anywhere in the country. Free Zones, industrial areas,s, and commercial buildings are the choices of location. There are 40 free zones that allow 100 % foreign ownership of the business.
Mainland business regulations too allow 100 % foreign ownership in 122 economic activities across 13 sectors.UAE has world-class state-of-the-art commercial and industrial areas. It hosts high-profile conferences, international exhibitions, trade, and investment events.
- Strong Regulations:
The rules and regulatory framework of the Real estate and Regulatory Agency (RERA) in Dubai are strong that enforce a stringent framework. The long-term growth of the sector is boosted by transparent policies and investors’ rights.
- Growing Populations:
In just 40 years Dubai’s population has grown 1000%, and because of it, Dubai is also one of the fastest growing cities in the world. Dubai has over 3 million residents which are ex-pats from 160 countries and still growing.
- World Class infrastructure
A world-class city is what Dubai is called because of its record-breaking skyscrapers, bustling megamalls, and high-tech transportation infrastructure. The metro in Dubai is the world’s longest metro network which is also driverless.
- Tax-free and freehold:
Anything designed for living in, which is own home is considered as residential and of 0% VAT as per the UAE’s VAT law. The residential real estate within three years of completion which is known as first supply is also of 0%VAT.