Why Dubai is the best place on earth to live and work? Real estate agents in Dubai unroll facts.
Why consider Dubai one of the best places to live to prioritise the potential of your income and quality of life? What does Dubai offer, which attracts thousands of professionals from around the world every year who are high earners or inspired to be?
Our Dubai real estate agents discuss the pulling factors.
Best place to live and work
One of the main reasons is the appeal of long-term residence permits, which can be gained when buying properties largely in stunning new Dubai projects - the best areas to live in Dubai for an enviable work-life balance.
In addition, Dubai has recently been named 3rd in Savill's Top 10 Global Destinations for Digital Nomads. Since 2021, employees from all over the world have settled locally through the new Remote Work Visa while working efficiently for overseas employers.
They rely on high-speed internet and a central connection to 161 worldwide destinations via Dubai's airports. Not to mention tax-free earnings.
Doubtlessly, the stability of Dubai's economy through initiatives and digital innovations in the face of the pandemic has shaped the country into a stronghold for businesses and professionals from many backgrounds.
When HSBC recently surveyed thousands of expats across the world, the UAE was ranked the fourth best place in the world to live and work!
Settle only for an incredible quality of life
The government's constant focus on improving the nation's wellbeing through health and leisure opportunities is an important companion to the business side of life, promoting Dubai's unique brilliance and quality of life.
You don't have to go far from home to find high-end spas and dazzling swimming pools. Many luxurious apartment complexes have their own! Others have dedicated business areas and lounges and five-star restaurants and cafes.
It is also safe to say that Dubai has one of the best health care models in the world. Expats apply for health cards to access cost-effective treatment in high-quality, modern clinics and hospitals with over 150 medical specialities.
Still, many expats choose private healthcare. There is even a large private health centre in Dubai designed specifically for children, KidsFIRST, including personalised learning difficulties and special needs care.
Luxurious properties for living or investment
Dubai’s stunning properties encapsulate these factors to create a faultless home that cultivates the financial stability and success of companies and professionals.
In order to generate a passive income, people from far and wide choose to buy property to let out to the growing number of tenants in Dubai.
Rental prices are rising and giving way to higher yields for owner investors. In the year leading to March 2022, average apartment rents rose by 11.7%, and villa rents by 22.5%.
The tranquil urban island of Palm Jumeriah reported the highest annual rent increase, to an average of AED 197,482.
If you are ready to reap the potential Dubai has on offer as an overseas professional or property investor, discuss your plans with our professional Dubai real estate agents at The Pearl Gates at +974 4417 0659.
Explore our diverse selection of stunning new projects in Dubai.