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6 Significant arguments to move to Dubai

Feb 15, 2022

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Changing your place of residence is always fraught with a lot of difficulties, especially if you are going to change the country. Foreigners usually choose both ready-built housing and off-plan properties in Dubai. The source - https://www.axcapital.ae/ - will tell you about the 6 most common arguments that foreigners cite as reasons for moving to Dubai.

List of reasons to move to Dubai


1. Cultural diversity


Not all people find moving easy. The main reason is the language barrier. However, this is not a problem in Dubai. More than 85% of the city's residents are expats, which means that most of the people living there are from other countries. That is why the city is considered the cosmopolitan center of the UAE, where foreigners can easily adapt to a new lifestyle.

NOTE! Every foreigner should understand where he\she came from. Dubai is an Islamic emirate, where religious traditions are honored. In order to avoid conflicts and problems with the law, it is necessary to respect them and not violate it.

2. No income tax


Dubai has a low tax burden. The only tax is 5% VAT, which is levied on services and goods. There is no income tax, so wages and savings remain with you.

The region is widely known for its low customs duties in the amount of only 0-5%. Most of the imports and exports are not taxed at all. In order to attract foreign capital, the government abolished income tax and established a zero rate, which also applies to rental income and inheritance of property.

What’s more, there is no double taxation in the UAE. In order to promote business development, the UAE has signed 115 Double Taxation Avoidance Agreements (DTAA) with more than 52 countries.

3. Strong economy


Dubai's economy is strengthening every year. The main directions of economic development at present are the following:

  • Tourism;

  • Information technology;

  • Property


It makes a significant contribution to the city's economy.

It is worth noting that during the pandemic, Dubai has only strengthened its status as a stable economic emirate. All the measures taken by the government and civil consciousness showed the fastest recovery in the fight against the pandemic compared to other EU countries, which only increased interest in the emirate from foreign citizens and investors from all over the world.

4. More employment opportunities for foreigners


There are more job opportunities with a strong and growing economy. Dubai holds the record for the lowest unemployment rate that is 0.5%. All doors are open for a qualified foreign specialist.

Income depends on your skill level, your experience and employer. Foreigners can earn from AED 600 (USD 130) to AED 130,000 (USD 35,393) per month. According to international personnel organizations, the average monthly salary in Dubai is about AED 16,500 or USD 4,500. However, in practice, even the lowest income in the UAE exceeds the average salary in most EU countries.

5. Education


Many foreigners move to Dubai with their families, and therefore they have to choose an educational institution for their children. Dubai is very attentive to education. There are some of the best schools and kindergartens in the area. According to the UAE Ministry of Education, 80% of the total child population of Dubai are children under the age of 5. In 2017, more than 263 international training centers were registered, such as nurseries and kindergartens. There are also more than 80 international and private schools in Dubai, more than half of which are focused on the British curriculum, and the rest on American and Canadian.

As for universities, diplomas, which were got in the UAE, are recognized all over the world. After graduation, a specialist can immediately start looking for work in the Emirates or in any other country.

6. Real estate


Dubai has an extensive range of properties and neighborhoods. The cheapest areas to buy apartments are International City and Dubai Production City. For the purchase of townhouses, Serena and Town Square areas are the most suitable. You can buy a villa at a great price in DAMAC Hills 2 and Serena.

In 2021, the best places for rent are the following areas: International City, where studio rental costs from AED 37,500 (USD 10,209) per year, Deira - from AED 45,000 (USD 12,251), Jumeirah Village –AED 47,500 (USD 12,932), Discovery Gardens –AED 49,000 (USD 13,340).

Our assistance in buying real estate in Dubai


Start your journey in the Dubai real estate market today on AX Capital website. Contact the company's agent if you want an advice on buying an apartment in the emirate.

Tags: English