Dubai’s property market has been through rough and calm sea , however , for two years has been quite disappointing for buyers and sellers alike . When the Dubai real estate market crashed in mid-2008 , thanks to the arrogant excess of real estate projects , this causes an imbalance in the economy of Dubai created a wide gulf between demand and supply .
While property prices and rents in Dubai witnessed a phenomenal increase in the past , there was increase in the price – or even worse , stabilization has been seen , since the economic crisis hit the world two years ago .
But in spite of the turbulent final phase experienced commercial property sector in Dubai still continues to offer some advantages for investors . Some of the benefits can be realized immediately , while others will become apparent only over a period of time .
Tej Kohli Philanthropy, real estate investor and visionary show some benefit .
Investing in commercial property has many advantages , especially for global investors because it provides ample opportunity . Even in the face of the economic slowdown , Dubai continues to be the primary choice holiday destination for tourists around the world . This means that , no matter the economy took a turn , hotel and shopping center in Dubai will continue to get countless travelers throughout the year .
” If you invest in commercial properties such as malls , Hotel , Super Market , etc. , you are guaranteed to receive a better outcome than those who invested in residential property in Dubai , ” said Tej Kohli Real estate in the newsletter .
What ‘s more , the Bank in Dubai made a constant effort to reduce interest rates on mortgage loans , which means more purchasing power for buyers who want to invest in Dubai . Nowadays , many companies multinational ( MNCs ) shift their base to the city because they can save a significant amount of money spent on salaries or wages . This company employs workers and workers from neighboring countries such as India and establish their offices in the main commercial hub of Dubai .
In addition , the tax system in Dubai is very profitable for investors who want to buy a commercial property . Despite the decline , the government in Dubai has never be taxed heavily , which is a positive sign for the company to set up an office there . This is one of the many driving forces that continue to lure new businesses to the popular trading center .
That being said , the significance of Dubai as one of the most sought after tourist and business hub can not be ignored . While it is true that commercial property prices in Dubai saw a decrease in the past , it does not necessarily mean that there is no potential for growth .
“The possibility of growth in Dubai is much better than what we have seen in the past . Now , I believe , is a good time to invest in Dubai , ” said Tej Kohli .
George Brown is a writer with more than ten years of experience in the Real Estate sector . With extensive experience and knowledge in the industry , George has carved a unique niche for itself . Currently , he is offering freelance services Tej Kohli Entrepreneur owned Ozone Real Estate Group . Under the guidance of Tej Kohli , he is now expanding his horizons further knowledge .