This article is written intending to provide information about the Dubai investments that you can look into. Dubai provides many investments opportunities however the current economic scenario makes us think twice before we can invest something.
The basic place to start your investment would be in the banks in Dubai as most of the local banks have good mutual fund packages on their offerings. A few of such funds have grown in size and scope allowing a profit of almost 30% to you customers. Since most of the world’s stock markets appear to be behaving like on the verge of collapse, the local mutual funds might be the best option as of now.
The real estate prices are on the rise sharply owing to the demand and supply situation. The population is on the rise but there are very less properties available on rent and lesser still for purchase. This is fueling the rise in real estate prices. Add to this the increasing population of expats and the prices automatically become ridiculously high. One good investment option is to invest in leading developers like Emaar properties.
Though buying property might not be a good option considering the prices, you may try to take out an 80% mortgage and still receive a yield of 8% in the way of rent. This might turn out profitable in a short time since property prices keep on increasing and you can change the rent later.
Thus Dubai investments are a good and rewarding opportunity and allow you to profit nicely. Investing in oil is a safe bet. Though decrease in price of oil will impact the investment, Dubai has only 6% revenue from oil industry and hence this might not affect Dubai economy as adversely.
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