Invest in Freehold Property in Dubai at DIFC

Summary: Why the time is just so right to invest in freehold property in the Dubai International Financial Centre (DIFC)

Following on from the enactment and ratification of the Real Property DIFC Law No.4 of 2007 and Strata Title DIFC Law No.5 of 2007 at the end of June 2007, freehold real estate is now available at the Dubai International Financial Centre and in this article we examine why you should invest in freehold property in Dubai at DIFC right now!

The ratification of the laws bodes exceptionally well not only for the success of DIFC, but the ongoing success of the property market in Dubai and the prospects for property investors interested in both commercial and residential real estate in the UAE.  As stated, in this article we will look more closely at what the enactment of the law means for everyone concerned and how you can potentially benefit from investing in freehold property at DIFC sooner rather than later.

The enactment of the new laws is a strong incentive for international companies to consider specifically DIFC for relocation in Dubai.  This is because a financial services or related company can now not only establish itself tax efficiently in the very latest global financial centre, it can own the property in which it has its offices and it can attract quality personnel with the lure not only of the Dubai lifestyle and expected tax free employment packages, but with the knowledge that they too can purchase freehold accommodation within direct reach of their work place.

From an investor’s perspective the announcement that you can now own freehold real estate in DIFC is incredibly exciting.  Dubai International Financial Centre has been specifically created to allow Dubai to become the very latest global financial hub and to position itself over time to compete directly with the likes of Hong Kong, London and New York. 

Anyone who buys in right now at the very start of the intense period of development at DIFC will potentially be buying a slice of one of the world’s most expensive and exclusive property markets.

You don’t believe me?

Well, consider this - it’s no coincidence that the most expensive properties in the world are for sale in the likes of Singapore, Hong Kong, London and New York – the sky high real estate prices have a direct relation to the fact that these are global financial centres. 

There is wealth and affluence beyond the norm in each of these locations and if the people behind the ongoing expansion of DIFC have got anything to do with it, so DIFC in Dubai will become one of the most affluent centres on the planet too. 

Therefore there will be incredible affordability in a location where there will be equally incredible demand whilst at the same time the physical geographic limits of DIFC will limit supply – thus creating potentially the ultimate in perfect locations in which to purchase investment property today for exceptional gains in the near future.

If you’re looking for an exciting investment property opportunity at a time when they are becoming fewer and further between, invest in freehold property in Dubai at DIFC!

Image reprinted with kind permission from EFM Worldwide.

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