WHY CHINESE ARE SO KEEN ON INVESTING IN OFF-PLAN PROPERTIES IN DUBAI?
Dubai real estate market has been in the growth for a few years due to many reasons, but one of them is the real estate investment from Chinese investors.
There has been some uncertainty towards Europe and its situation due to Brexit and other decisions made by countries in the European Union. This does not only attract Chinese investment in matters of real estate but all kinds of investment.
Studies reveal that Dubai real estate agencies are receiving more and more Chinese clients who want to invest in off-plan properties in Dubai, specifically in projects like Madinat Jumeirah Living, Dubai Creek Harbour, Burj Jumeirah in Downtown Jumeirah, Port De La Mer and others.
1: DUBAI’S DUALITY
Dubai has proved to be not only an excellent tourist destination but also a city with quality which offers many amenities like renowned education, social and human services, safety, multiculturalism etc.
It is also a vacation and investment destination at the same time. Isn’t it wonderful?
2: OFF-PLAN INVESTMENT
Dubai is a city that has been on construction for many years and still has some stuff to prove to the world in matters of technology and engineering. This is why, with high-quality residential construction, investing in off-plan seems like a wonderful option for Chinese investors.
The UAE offers world-class universities and this is starting to be one of its main attractions to young Chinese students. Parents can start thinking about buying homes or apartments for their children so they study overseas and get a high-quality education in a safe, worldwide known and acclaimed city such as Dubai.
This is where off-plan properties come in as a future investment for Chinese people. Dubai real estate agencies are prepared for this and available at all times needed.
4: AFFORDABILITY AND ATTRACTIVENESS
It is a fact that Dubai is 25 percent more affordable to international investors than similar options in their own home countries. This is why Chinese customers are among Dubai’s top five customers.
There’s even an increase of 150 percent in sales to Chinese buyers, resulting in the development of platforms in Mandarin and the look-out for Mandarin speakers to work on them.
So, now you know why Chinese people have been so interested in investing in Dubai since the past few years. There is so much to do, to buy, sell and to work within this city that its international community is constantly growing.