Is it worth buying an apartment in Dubai?

Hey guys, have any of you ever been to Dubai? Personally, I visit this country several times a year and I really like their atmosphere. I am considering buying several properties there for investment and passive income, as well as living there. What do you say about this?
rennil on October 27 2023 at 08:31 AM in Home and Garden
2 Answer(s)
I think it's worth it. After all, Dubai is an international city that attracts tourists and foreign investors. If you plan to rent apartments, you can get a steady flow of foreign guests. Dubai offers more financial and tax advantages, including no income taxes and no inheritance taxes.
Katekit on October 27 2023 at 09:22 AM
Personally, I think it's a good idea and you should make it a reality, because passive rental income can be attractive, especially in Dubai, where there are great opportunities for short-term rentals for tourists. If you haven't decided yet, I advise you to pay attention to damac lagoons https://everhomes.ae/off-plan/damac-lagoons-townhouses/ At Damac Lagoons, eight residential complexes are designed in the style of popular European resort towns. You can enjoy gondola rides and roam around the narrow streets of the Venice community.
Polest on October 27 2023 at 08:58 AM