Fly to the most searched destination this summer
Fly to the most searched destination this summer With summer beginning, travel is all that is on my mind. Should I go to the beach? Should I stay at a resort? In this article...
The project from the famous developer Emaar Properties will be appreciated by those who want to live on the shores of the Persian Gulf. Emaar Beachfront is located on an artificial peninsula between two lively communities Palm Jumeirah and Jumeirah Beach Residences. Although the locality is still in process of developing, it attracts more and more investors due to the abundance of alluring characteristics. Buying an apartments in Emaar Beachfront, you invest in cozy marine atmosphere, various yacht clubs nearby, and a whole range of recreational opportunities.
The community Emmar Beachfront is planned to stretch for almost 1000 square meters. To transform such a huge territory into a perfect place for residence, the developers intend to create 27 skyscrapers, cafes, restaurants, service infrastructure and its own beach. There can be no doubt that the plan will be fulfilled as the author of the project and the developer is Emaar Properties, a well-known development company in Dubai, which has been operating here since 1997. The company boasts of a list of successful ideas such as Burj Khalifa, Dubai Mall, Downtown Dubai and others. So, let`s look at what has already been brought to life and what we are waiting for.
As you see the project is almost completed, that`s why it attracts more and more visitors with the desire to make their money work here. Is it really so profitable to invest in Emaar Beachfront? Let`s it find out.
The great location of near proximity to the sea makes the area a must-visit point for many tourists. It directly influences the rent rate. The experts claim that the real estate return in the community reaches 7% per annum.
The purpose of purchasing a property in Emaar Beachfront does not really matter. The locality is suitable for peaceful living with a family as well as for leasing. Great number of tourists, freelancers, employees looking for a better job automatically makes any apartment in high demand.
Besides, you may buy an already finished apartment or an off-plan one, and get a residential visa of UAE for 3 years. It is important that the cost of your purchase is more than AED 750,000. The off-plan buildings are often followed with special conditions and pleasant prices. Visit the website https://www.axcapital.ae/ to explore some of the most beneficial variants in the area.
Foreign investors choose the UAE because of the advantageous tax system. There is no purchase tax, no annual property ownership tax, no capital gains tax, no inheritance tax, no gift tax, and no income or corporate tax. However, some of the fees you have to pay.
Some other expenses include licensed agency services, a fee on loan processing. Their cost may vary depending on the deal.
Even in the state of developing, Emaar Beachfront is a perfect option for investment. Profitable return, advantageous offers, and absence of additional taxes are the main beneficial options for any investor.