The 2021 event is expected to host 25 million tourists and business visitors, of which 70% will come from overseas.
Open economic policies, minimal government control and private sector regulation facilitate Foreign Direct Investment (FDI).
CONVENIENT PAYMENT PLANS
Being at the crossroads of Europe, Asia and Africa, Dubai enables easy access to many of the world's emerging markets.
Dubai has successfully diversified its economy away from being oil dependent to being service-based.
Dubai is free from Income Tax for residents with no Value Added Tax (VAT) levied on residential property for investors.
Heavy investment in transport, telecommunications and industrial infrastructure makes Dubai attractive for investment.
MULTICULTURAL AND SAFE
The UAE Dirham has been pegged to the US Dollar since 1973 and set at a constant rate since 1997.
Home to over 200 nationalities, the cosmopolitan UAE is family-friendly and offers a first-class lifestyle.
WHY CHOOSE DAMAC PROPERTIES
DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002, delivering luxury residential, commercial and leisure properties across the region, including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon and the United Kingdom.
In planning and progress
*As of 30th September 2020
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