Shelter Offshore

Property in Dubai

Published on 07 April 2006 by Shelter Offshore in Property in Dubai

Dubai Property Investment Fund

Dubai Property Investment FundInvestors Provident have launched one of the first UK Financial Services Authority compliant, tax efficient Dubai based property investment funds - and naturally enough initial take up has been intense.

The Dubai Property Investment Fund seeks to diversify investment across residential, commercial and industrial projects in Dubai and across the greater Gulf region and the fund is aiming for capital growth of between 15 and 20% per annum.  The tax friendly aspect of the fund and the Dubai and Gulf markets that it is targeting are both elements that make this particular property investment fund incredibly attractive.

For investors aware of the immense potential that exists in the property markets of Dubai and the greater Gulf region but who seek diversification, excellent capital growth prospects, tax efficiency and access to restricted opportunities, the Dubai property investment fund is the answer to each and every ambition and concern.

The fund has been launched by Investors Provident in association with Caledonian Developments (Dubai) Ltd., the directors and managers of the fund have already achieved considerable success in the Gulf region with past investment returns annually exceeding 30%.  Their projections for the first four years of the Dubai property investment fund’s growth are between 15 and 20% per annum meaning that someone who invested GBP 100,000 today could potentially draw between GBP 184,000 to GBP 225,000 in 4 years time.

The investment fund will target property investment opportunities in Dubai and the Gulf region not normally accessible to direct foreign investors.  Government backed investment opportunities and co-investment opportunities in projects such as the Dubai International Financial Centre and Dubai Sports City will be targeted for example and investors will have funds diversified across residential, commercial and industrial property projects throughout the Gulf region.

With the use of business asset taper relief the fund managers anticipate that returns will be tax efficient and that higher rate UK based tax payers may only pay 10% on the capital gains they accrue. 

The target capital for the fund is sixty million pounds with the fund’s directors and managers all contributing significant financial commitment immediately.  An individual’s minimum contribution will be fifty thousand pounds and their maximum investment limit will be five million pounds and the investment fund’s anticipated investment term is four years.

The final date for investment is the 19th of May 2006 and keen investors should act fast to secure their position in this, one of the first ever FSA compliant Dubai property investment funds.  For more information visit: - http://www.investorsprovident.com/MiddleEast/Dubai/development.asp/ID/115

The information in this article does not constitute investment, legal, tax or other advice nor should it be relied upon when making an investment or other decision.

Obtain relevant and specific professional advice before making any investment decision.  All investments involve a degree a risk.  You should be aware that past performance is not necessarily a guide to future performance.  The price of investments and income from them can fall as well as rise and may be affected by exchange rate movements between currencies.  An investor may not get back the original amount invested, unlike savings accounts in a bank or building society, where the capital is guaranteed.  If you are in any doubt about the suitability of any investment, you should contact your financial adviser.

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