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Dubai has blue skies for 333+ days a year. Dubai is a place where, with few exceptions, the weather is constantly beautiful. In 2023, Dubai attracted more than 17.1 million tourists from all over the world. This makes Dubai the fourth most visited tourist destination in the world.
Getting a new apartment in Dubai is a matter of even lower units of millions of crowns, which you don't even need to have cash. Compared to the Czech Republic, the level of apartments and houses in our projects in Dubai is absolutely unbeatable in terms of price and quality.
Rental apartment occupancy, including hotels, averaged 81% in Dubai in 2023. Dubai as a brand is a huge force globally, this in itself ensures that the risk of an unoccupied apartment is minimised. Dubai has been the only destination in the world to be named the world's No.1 tourist destination on Tripadvisor for the last three consecutive years.
The net rental yield on apartments in Dubai is between 6-10%. The increase in property values annually is between 6-20%. With zero income tax, such values can easily add up to get a minimum of 12% net profitability per annum at all times. However, for medium investments we often already reach the 20% annual return in total.
Dubai is statistically one of the safest places in the world. This makes Dubai, and this is doubly true these days, a safe haven for you, your loved ones and your property.
Thanks to the investment visa, income tax in Dubai is 0%, including 0% tax on renting your own property.
The journey to Dubai costs even thousands of crowns and you are there in about 6 hours of flight. You do not need any visas or other permits for your family to travel to Dubai.
Dubai is not part of the European Union. Dubai has no conflicts with Russia, China or the USA. Dubai is a safe island for you and your family for any major problem in Europe.
Backed by its renowned flag carrier Fly Emirates, Dubai boasts unrivalled travel connectivity and is a global aviation hub. Dubai's central location means that a third of the world's population is within a four-hour flight.
Dubai real estate offers excellent rental yields - an average of 7 percent net - and even higher yields for vacation homes. This is significantly higher than in cities such as London and New York, where they are around 2.5 to 3 per cent.
Dubai has an impressive education system that includes 216 private schools offering a blend of the best international curricula.
Favorable government laws and low start-up costs make Dubai an attractive place for start-ups and new businesses. Local sponsorship is no longer needed in many sectors.
The Dubai Virtual Jobs Programme, the Dubai Retirees Programme and the 10-year Golden Visa for Permanent Residency show how Dubai is working hard to retain talent and attract foreign professionals.
Dubai has a world-class healthcare system offering a high standard of medical care in a range of modern facilities covering every specialty.
One of the main benefits for those who choose to emigrate to the UAE, apart from the benefits of sun, sea and beach lifestyle, is the absence of personal income tax.
Although the tax was introduced in 2018, it will not affect rental income for investors. VAT is also significantly lower than in other major countries: Sweden 25%, Germany 19%, Italy 22%, the Netherlands 21%, the UK 20%, the US 15.5%.
All alcohol purchases in Dubai are tax-free - personal liquor licenses are free and readily available for those legally entitled to purchase alcoholic beverages.
