Dubai has become a base for entrepreneurs, investors and families who divide their time between several countries. The reasons are practical rather than ornamental, and they deserve a measured look before any decision.
1. A deep and varied residential market
Prime property ranges from penthouses in Downtown and on Palm Jumeirah to villas in gated communities and waterfront districts. Branded residences and signature architecture are well established, and part of the market is never publicly listed.
2. Quality of life and services
Private healthcare, international schools, hospitality and concierge services are available at a high standard. For families, schooling and community matter as much as the property itself.
3. A distinct tax framework
The UAE does not levy personal income tax. A federal corporate tax was introduced in 2023, and VAT applies at 5% to most goods and services. Tax residency nevertheless depends on your personal situation and on the rules of your country of origin, so independent tax and legal advice is essential before any move.
4. Safety and stability
Dubai is widely regarded as one of the safest major cities, an aspect often given particular weight by families with high expectations of privacy.
5. Connectivity
Its position between Europe, Asia and Africa, and the strength of its airport and airlines, make it a practical hub for those who travel frequently, including by private aviation.
Buying with care
A purchase in Dubai should rest on a clear understanding of the developer, the regulatory framework, service charges and resale conditions, together with the ownership and succession structure. These points are best addressed before viewings, not after.
I advise on selected residences in Dubai, including off-market opportunities, and enquiries are treated in confidence. Contact Vincent.