Since black gold was discovered on the territory of the UAE, the country's economy began to develop rapidly. However, now the authorities fear the dependence of the Emirates on energy resources and seek to diversify the economy, in particular due to the development of the tourism industry. Wealthy tourists, as a rule, come to Dubai, attracted by the latest technology, luxury hotels and restaurants, stunning views of skyscrapers and high-quality service. Therefore, many are attracted by the opportunity to own , which for many seasons could bring a steady income.
Dubai is not just a city of luxury. Here you can also see many unique attractions, which could be envied by such "veterans" of tourism, such as Egypt or Thailand. For example, the singing fountain near the Burj Khalifa tower is the highest in the world. Its jets soar 150 meters up, and in the evening the fountain is illuminated by dozens of floodlights and thousands of lamps. Another attraction worth looking at is the Dubai Mall aquarium with a volume of 10 million liters of water. The aquarium is home to one and a half hundred species of marine life. It is also worth noting the observation deck on the 124th floor of the Burj Khalifa tower. From here, from a height of 505 meters, breathtaking views of the whole city open, and two floors below is the restaurant At.mosphere, the highest in the world. And this list of what is worth seeing any tourist who decides to visit Dubai is not limited to.
Since the authorities of the emirate are trying to increase the flow of tourists, there is reason to expect a high demand for temporary housing, which means investors should think about investing in hotel property in Dubai. When it comes to investing in the foreign real estate market, the hotel sector is often preferred, since a steady flow of tourists provides the owner of such an object with regular profit. Investments in Dubai hotels, especially during the construction phase, promise quite good returns. Having bought a hotel room, the owner transfers it to the management of one of the experienced hotel operators, guaranteeing high occupancy, which means a return on investment. For example, the developer of The First Group, specializing in the construction of iconic hotel real estate, collaborates with the Wyndham Hotel Group, a major brand that is trusted by consumers around the world. The First Group offers its potential investors free download , which contains useful information about the possibilities of investing in Dubai's real estate market.