INVEST IN DUBAI
This may seem like a first-world problem to have, but both the real
estate market and the stock market in Dubai have been outperforming
global benchmarks handsomely.gold market
invest in dubaiIn effect, for those with a reasonable sum of money to invest – anything
between Dh50,000 and a few million Ds – gold market the choice could become a
little overwhelming if not downright confusing.
Of course, the choice may veer towards investing in stocks the closer
one is to the beginning of that range (Dh50,000) as there won’t be gold market much
that you can buy in Dubai with that much down payment. However, as you
move up the investment ladder – more cash in your pocket – invest dubai the choice
becomes more difficult.
Now, there is no dearth of property gold market consultancies tracking the surge in
house prices in Dubai and indeed the rest of the UAE. And if that wasn’t
enough, we keep getting reminded of the same by the unsolicited “best
time ever to sell/buy” text messages on our phones by invest dubai hard-to-pronounce
property agencies.
Indeed, some of the more gold market established names like Asteco reckon that
average sales prices rose by up to 60 per cent in prime residential
developments in Dubai last year.
“Sales prices for apartments and villas rose by 23 per cent in Q4 2013
alone, fuelled by increased confidence and the fact that the new law
regulating maximum LTVs [loan-to-values] was not being consistently
enforced, although cash buyers still dominated,” John Stevens, managing
director, Asteco Property Management, said in a year-end report on the
emirate’s real estate market.
Reports suggest that property prices in the UAE’s capital Abu Dhabi too
surged as much as 37 per cent in some districts in 2013 – and while that
may seem modest compared to invest dubai growth, it is among the best
property returns in the world. The growth in Dubai property prices, of
course, was the highest in the world.
But even that growth – of 60 per cent per annum –gold market gets dwarfed by the
stock market gains, which topped 107 per cent in 2013 for the Dubai
Financial Market General Index.
For the uninitiated, the DFM General Index increased by 107.7 per cent
to 3,369.8 points at the end of 2013 compared to 1,622.5 points at the
end of 2012. At the sectoral level, the Financial & Investment
Services sector increased the most by 169.2 per cent, followed by the
Banking and Real Estate & Construction sectors by 120.6, and 108.2
per cent, respectively.gold market
The Abu Dhabi Exchange (ADX) index, on the other hand, rose by more than
63 per cent to reach 4,290.30 points at the end of 2013gold market compared to
2,630.86 points at the end of 2012.
Those stories – of growth in property and share prices – are not over
yet, with the first two months of 2014 witnessing a massive 25 per cent
surge in the DFM General Index while the ADX General Index is up by more
than 15 per cent in two months.invest dubai
gold market Simultaneously, property prices are rising at a rapid invest dubai clip too, and thus the dilemma of where to invest.
invest dubai Of course, as pointed out above, the decision is a little easier for
those with a smaller kitty, as the property market necessarily needs a
reasonable investment, invest in dubai even it’s limited to approximately 30 per cent of
the property value (25 per cent minimum down payment plus property
registration fees plus agent commission, etc.).
For those seeking liquidity along with returns, the decision to invest
in stock markets makes sense as shares can be bought and sold virtually
instantly, as opposed to property transactions.
However, if you have a reasonable pool of money and don’t need to be
highly liquid, the property market offers the added benefit of rental
returns – invest in dubai which you may or may not receive from shares (in the form of
dividend). Or you could live in the house you invest in while shares
offer you no such incentive.
In addition, share prices could, in theory, decline by as much as 10 per
cent a day – invest in dubaiwhereas that’s extremely unlikely to happen in the real
estate market.
Most importantly ,invest in dubai it’s your individual circumstances, needs and
preferences that play a big role in deciding your asset class. Prudent
investors and investment advisors always suggest a portfolio approach to
investment so that one can hedge a decline in one asset class with an
increase or stability in other/s.invest dubai
Tip:
Unlike major medical or long term plans, short term insurance also
allows you to purchase the exact amount of days that you need, but
typically require you pay upfront for the period you need coverage.