Dubai Real Estate market has seen many ups and downs in the last few years. However, if we compare Dubai today to what it used to be, it’s quite a marvel to see how far Dubai has come in terms of investment opportunities, especially in the field of real estate. While Dubai economy already favors a high capita income with a fair annual surplus, things are looking even better for upcoming years. According to experts, the Dubai economy is predicted to strengthen further in 2020. Keeping that in mind, here are the best two areas to invest in Dubai, sure to give you maximum ROI.
As mentioned above, Real Estate is one of the fastest-growing industries in Dubai. Whether you are investing in an office space in Business Bay to rent, or in a hunt of an apartment in Downtown for residential purpose, you are sure to get the maximum benefit from your investment as these areas are not going to get depreciated in the next few years.
The exceptional boom in the real estate industry in Dubai is evident by looking at the rate at which new projects are being built and gaining the attention of millions of investors from across the globe. Especially for expats, it’s quite likely to buy a property if they are planning to stay for the long term in Dubai. An example is the emirate of Ras Al Khaimah that is moving progressively towards becoming a major tourist destination.
Mutual And Exchange-Traded Funds
Mutual funds are another profitable area of investment in Dubai, especially for passive investors. It is a profitable market with diversification and stress-free mechanism. The basic idea of mutual funds and ETF ‘s is to invest in an instrument that is a pool of other investments managed by a professional fund manager. Another advantage of investing in a mutual fund is that you don’t have to worry about market fluctuations once you’ve made the investment. The fund manager will do that for you.
Exchange-Traded Funds (ETF) on the other hand are gaining popularity because of their low cost and ease to trade. If you find it difficult to invest in ETF or have any questions, Sarwa is a robo-advisor to help you with it. You just fill a questionnaire and get a list of the correct investment options for you and watch your money grow.