Land for sale in Dubai Industrial City
The increase in the land plots prices in Dubai Industrial City, where the largest industrial park with an area of approximately 52 million sq. m is located, encourages foreign investors to invest in their acquisition. Our specialised website provides an opportunity to make a profitable and fast deal by selecting an object for entrepreneurial activity, long-term investment or development. In the future, it will be possible to build a residential house for yourself or to rent apartments in Dubai, or warehouse space (only by 2023), the population of the city increased by 100,000, and this is not the limit, accordingly, the demand for rental services is consistently high.
Land in Dubai Industrial City and the prospect of launching a business project are of interest to foreigners for the following reasons:
- Legislation allows the establishment of companies in various fields - equipment supply and service, logistics, manufacturing, social infrastructure, mineral and metal processing, transport services;
- Rapidly growing expatriate community;
- Access to MENA and CIS markets without the need to pay additional taxes and fees;
- All the necessary infrastructure is available, from warehousing, offices and retail space to in5 centres and workers' housing, parking and 24-hour security;
- The possibility of a full return on invested capital;
- Proximity to the most advanced areas of the city, Techno Park and Dubai World Central. There are not so many plots left in these locations and the prices are higher, so it makes sense to invest money in plots nearby. Especially as there is plenty to choose from: plots ranging in size from 2,300 sq. m to 3,700 sq. m are being offered for sale;
- Full freehold ownership with the right to resell, gift, inherit, etc.
Depending on the circumstances, expatriates either start a business from scratch or organise the relocation of an existing business.
The cost of land in Dubai Industrial City depends on the location and purpose of the land, as well as its size, with average prices ranging from AED 3,200,000 ($870,000) to AED 69,000,000 ($18.8 million). Note that the price may be higher if the area is developed and ready for rent or operation. By paying more initially, you have the opportunity to start earning immediately and not delay the start of commercial activities.
Investment lands in Dubai Industrial City
Not only apartments and villas in Dubai but also land can bring income to foreigners. The construction of the metropolis is progressing very fast, the real estate demand is growing, which opens up many opportunities for investors to profit:
- A plot of land for sale in Dubai Industrial City, UAE, can be left undeveloped and sold for 2–4 times the price in 1–2 years due to the increase in property prices in this area.
- Building from scratch can be more economically viable than buying an off-plan commercial property in DIC.
- If you choose property in Dubai with buildings, you can earn 5–8% annual rental income. Expats and locals are most interested in warehouses, and this is where you can earn the most. You can also earn income by renting out apartments to employees of many companies.
- The location is ideal for business development in the UAE. If you own a plot, you can open a company and start commercial activities in various fields.
You can buy land plots in Dubai Industrial City for construction and investment through a reliable agency or directly from the developer in 1–1.5 months without any additional tax burden. If you buy land plots in Dubai Industrial City you are not required to pay VAT, income tax, or capital gains tax.
Residential land for sale in Dubai Industrial City is mainly purchased by businessmen and those who wish to profit from resale. Over 250 factories and around 700 international companies are registered in the area. A business centre is located within 10–15 minutes’ drive, as is Al Maktoum Airport, and Jebel Ali International Port is 20 within minutes’ drive.
Buying land plots in Dubai Industrial City
A foreigner from anywhere in the world can become the owner of a development land for sale in Dubai Industrial City. First of all, you need to determine the purpose of the purchase, budget and list of requirements. Based on these parameters, it will be easy to select suitable offers from developers and verified agencies in our catalogue. Our platform can help you save time and buy land, for resale or to open a business on the best terms. The advertisements provide complete information about the land: area, proximity to the road, presence of buildings and building permits, utility connections, etc. It will not be difficult to discuss the costs and organisational details, as the seller's contact details are presented on the website. Write or call us at your convenience.