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"Dubai News: Latest Updates & Breaking Headlines" 🌍📢
Hi
The real estate market of Dubai is considered to be a goldmine investors by celebrities, actors and ceo all across the world!! And Dubai market rates are growing so fast that if you have ₹1 crore to invest, you can buy property in Mumbai, Delhi, or Dubai. Fast forward 10 years… where do you think your money will grow the most?"
📈While in Mumbai it would stand at ₹1.5 Cr (4-5% annual growth) ❌
📉In Delhi it would appreciate to ₹1.4 Cr where as in Dubai it would shoot up to ₹2-2.5 Cr!!
Now Let’s talk rental income. If You buy a flat in these three cities for a cr, while in mumbai you will get a rent ₹30,000-40,000 per month, in delhi it would be ₹25,000-35,000 per month where in dubai, you will get rents between ₹70,000-1.2 Lakh per month!!
while Mumbai and Delhi will tax your rental income at 30%, in Dubai, you KEEP 100% of your profits! ZERO tax on rental income, ZERO capital gains tax, ZERO property tax! And if you talk to any agent, he will tell you that this is the reason why, India’s richest people like Shahrukh Khan, Salman Khan ,Ratan Tata, Mukesh Ambani are all pouring money to buy properties in Dubai!!
They will also tell you that if compare this to Mumbai or Delhi. In Mumbai, while you struggle to find a 2BHK for under ₹2 crore in a half-decent location. In Delhi, even after spending crores. But in Dubai? For the same price—you get a luxury apartment with world-class infrastructure, high-speed roads, no pollution, and most importantly… NO PROPERTY TAX!
Sounds insane right?? But what they won't tell you is that, Dubai also has some hidden pitfalls, tax traps, oversupply risk, and the biggest danger of all—the economy of dubai will crash if recession hit america!!!
So in this episode today, we did a deep dive to understand,
Is dubai’s real estate really booming or it a bubble waiting to crash?
Why are celebrities, billionaires and actors so crazy about owning a house in Dubai?
And most importantly, what are the hidden traps for an Indian in the market of Dubai??
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