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Live in Dubai – Dubai may not strike you as a retirement destination, but there are some compelling reasons to take another look at the United Arab Emirate’s city that has become a hub connecting East and West. We’ve picked six of the highlights of a Dubai lifestyle.

#1 – Dubai offers the best of both worlds

Dubai is a city that exudes luxury, but you don’t have to be super rich to enjoy elements of this. For example, there are reasonably priced restaurants in many of the high-end areas, and the city is renowned for its shopping malls (it has one that is the largest in the world) that sell the world’s most expansive brands, but also have retail outlets for the more modestly priced high street ones.

#2 – Live in Dubai, It’s tax free

If you are working there your salary is untaxed, and if you’re not working, you can still take advantage of the fact that food, restaurants, and all other goods are untaxed as well.

#3 – It’s foodie heaven

More than 70% of the people who live here come from different parts of the world and bring their recipes with them. There are thousands of restaurants serving different cuisines and the best part is that they are all authentic for the most part, the Lebanese street food being just one example.

#4 – Live in Dubai for a wealth of attractions

You may think that Dubai is all about towering buildings, but there is much more to do and see here. There are beaches and ski slopes, camel racing and horse racing, fantastic parks in the centre of the city, creating a green oasis, art galleries, cinemas, expat clubs and sports clubs.

#5 – It’s a smart city

Dubai is harnessing emerging technologies to compensate for its desert location and lack of natural resources. Its extensive use of solar power is creating a sustainable city and it has put all the daily drudgery of bureaucracy online.

#6 – Live in Dubai for easy travel

From Dubai you can easily connect to just about anywhere and it’s a great location for those who want to travel frequently. Situated between Europe and Asia, Dubai is the midway point for reaching some of the world’s most amazing destinations such as Thailand, Turkey, and Italy.

Take a look now at the Dubai properties for sale at umuzee.com

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A recent survey reveals that when it comes to investment assets, Emiratis from the UAE still put property at the top of the list. The survey, conducted by YouGov and IP Global, revealed that 40 percent of Emiratis will invest in property in the UAE in 2018 and 18 percent plan to make heir investment in overseas property in 2019.

Data from the research shows that UAE residents ranked property above stocks, shares or bonds, indicating that here, just as in other parts of the world, real estate is still the asset that brings the most stable and reliable returns.

As Arabian Business magazine points out, not even global political events have dimmed Emiratis’ appetite for property and there was a seven percent increase in property investment in he last six months of 2017.

The survey also asked UAE residents about where they would consider buying overseas, with some interesting results. Canada and the USA were equal first on the shopping list, followed by the UK, Germany and Australia.

Richard Bradstock, director and head of the Middle East at IP Global, said: “The results of our second YouGov study are extremely positive and indicate that more and more UAE residents are looking to purchase property in the next 12 months.

The countries selected as the Top 5 represent the places where investors believe they will get the most impressive returns. As Richard Bradstock points out, Chicago has experienced a 36% rise in property prices over the last five years and the rental yields have increased 10% in 2016-17. And it is these kinds of figures that luring the UAE investors to spend here.

In the UK, buyers from Dubai and Abu Dhabi are also displaying some changes in their buying behaviour. London has traditionally been their area of interest, and still remains the city of choice. However, it has been noted that in recent months, UAE investors have been expanding their reach to cities with more affordable real estate, such as Birmingham, Manchester and Liverpool.

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