Any UAE entry in#nbsp;the world ratings not only has a#nbsp;positive impact on#nbsp;the tourism business, but is#nbsp;also profitable for investors. The Emirates' government promotes the country on#nbsp;the world stage and positions it#nbsp;as#nbsp;the most comfortable, safe and successful. Every year more and more tourists, expats and top professionals come here. All these people need somewhere to#nbsp;live, so#nbsp;the return on#nbsp;investment for investors is#nbsp;increasing. Let’s look at#nbsp;how being in#nbsp;the top ratings affects the property market.
UAE
In#nbsp;the Global Entrepreneurship Monitor rating, the UAE has once again been rated first in#nbsp;terms of#nbsp;the favorable environment for starting and running a#nbsp;business. The Emirates' government tries to#nbsp;provide necessary support to#nbsp;small and medium businesses, thereby accelerating their growth. In#nbsp;this regard, many entrepreneurs are coming to#nbsp;the UAE to#nbsp;develop startups. This means that more and more people are considering the Emirates as#nbsp;a#nbsp;permanent place of#nbsp;residence.
For example, over the last two years, entrepreneurs from Russia alone have opened around 1,600 companies in#nbsp;the UAE. The main advantages of#nbsp;doing business here are lower taxes than in#nbsp;other countries, a#nbsp;large Russian community and the opportunity to#nbsp;expand without fear of#nbsp;being hit by#nbsp;sanctions.
According to#nbsp;the BRICS Wealth Report, in#nbsp;winter 2024, the UAE ranked first as#nbsp;the richest BRICS country in#nbsp;terms of#nbsp;per capita income. The average income here is#nbsp;AED 380,000 per year. Over the past few decades, the UAE government has tried to#nbsp;actively develop the economy, promote innovative projects, and create a#nbsp;safe financial environment for entrepreneurs. One of#nbsp;the best initiatives was the introduction of#nbsp;the ‘Golden Visa' - a#nbsp;long-term type of#nbsp;residence permit in#nbsp;exchange for investment in#nbsp;property.
Why it’s useful for investors
Due to#nbsp;the fact that more and more people come to#nbsp;the UAE every year, investors can profitably rent out property on#nbsp;a#nbsp;long-term basis. The variety of#nbsp;offers on#nbsp;the housing market allows you to#nbsp;choose the right property to#nbsp;suit your needs and investment strategies. Usually, entrepreneurs prefer business districts such as#nbsp;Downtown, JLT, etc. to#nbsp;open and conduct business.
Dubai
In#nbsp;2023, Dubai Mall set a#nbsp;world record and became the most visited shopping centre on#nbsp;the planet. It#nbsp;was visited by#nbsp;105,000,000 people in#nbsp;one year. Meanwhile, 2024 also shows good numbers and might be#nbsp;a#nbsp;record year too.
Why it’s useful for investors
Many tourists coming to#nbsp;Dubai need apartments for short or#nbsp;long term rentals in#nbsp;comfortable neighbourhoods. Most of#nbsp;them choose locations that offer easy access to#nbsp;the most popular attractions: Burj Khalifa, Dubai Mall, Dubai Opera.
Rixos Residences is#nbsp;an#nbsp;elite residential complex located in#nbsp;the very center of#nbsp;Dubai, in#nbsp;the famous Downtown district. The residential complex offers a#nbsp;developed internal infrastructure: a#nbsp;view pool, spa salon, yoga studio, private cinema, golf simulator, premium lounge area. As#nbsp;an#nbsp;obvious advantage#nbsp;— proximity to#nbsp;attractions, Business Bay business district and the main points of#nbsp;the Emirate.
Handover: 2nd quarter 2027 Price: from AED 3 010 000
Dubai ranks third among cities with environmentally friendly real estate. So#nbsp;far, it#nbsp;is#nbsp;currently overtaken only by#nbsp;London and New York, but every year more and more environmentally friendly properties appear in#nbsp;the emirate. Such housing is#nbsp;popular with both residents and investors. This type of#nbsp;property has many advantages: a#nbsp;green area, equipping the complex with solar panels, the use of#nbsp;wear-resistant materials in#nbsp;construction, and modern technologies that save resources.
Why it’s useful for investors
More and more Dubai residents want to#nbsp;buy property in#nbsp;eco-friendly neighbourhoods. Such locations always have additional bonuses: many green parks, bicycle paths, pedestrian zones, etc. Therefore, such apartments will be#nbsp;easy to#nbsp;resell or#nbsp;rent out.
Abu Dhabi
In#nbsp;2024, Abu Dhabi once again took the top spot as#nbsp;the safest city in#nbsp;the world. This fact undoubtedly helps to#nbsp;increase the number of#nbsp;residents and tourists in#nbsp;the emirate. Abu Dhabi has not lost its title since 2017, and the government is#nbsp;doing everything to#nbsp;maintain this status. For example, new security standards are introduced, and the standard of#nbsp;living is#nbsp;improved not only for its citizens, but also for expats and tourists.
Why it’s useful for investors
Families with children like to#nbsp;move to#nbsp;Abu Dhabi, and entrepreneurs often open their branch offices here. The entertainment and cultural sphere here is#nbsp;also at#nbsp;a#nbsp;high level, so#nbsp;many tourists visit the emirate every year. The great interest in#nbsp;Abu Dhabi, as#nbsp;well as#nbsp;its safety, has created a#nbsp;high demand for renting and buying property here.
Gardenia Bay is#nbsp;a#nbsp;modern landscaped residential complex located near the main attractions of#nbsp;Abu Dhabi: Ferrari World, Sea World, Yas Mall. The territory has a#nbsp;beach club, fitness center, yoga areas, etc. The emphasis in#nbsp;the complex is#nbsp;on#nbsp;environmental friendliness: natural materials are used for construction and sustainable development technologies are implemented.
Handover: 2nd quarter 2027 Price: from AED 1 362 979
Instead of conclusion
Here’s a#nbsp;look at#nbsp;what other ratings the United Arab Emirates has been included in:
Abu Dhabi has been ranked 4th in#nbsp;the top cities for people working remotely.
UAE ranked 1st among the countries with the most stable economy.