Tourism and hotel property in Dubai

Since the discovery of black gold on the territory of the UAE, the country's economy has begun to develop at a rapid pace. However, now the authorities are afraid of the dependence of the Emirates on energy resources and seek to diversify the economy, in particular due to the development of the tourism industry. Secured tourists, as a rule, come to Dubai, attracted by the most modern technologies, luxury hotels and restaurants, stunning views of skyscrapers and high-quality service. Therefore, many are attracted by the possibility of owning hotel real estate, which for many seasons could bring a stable income.

Dubai is not just a city of luxury. Here you can also see a lot of unique sights, which could be envied by such "tourism veterans" as Egypt or Thailand. For example, the singing fountain near the Burj Khalifa tower is the highest in the world. Its streams soar 150 meters up, and in the evening the fountain is illuminated by dozens of spotlights and thousands of lamps. Another attraction, which is definitely worth a look, is an aquarium in Dubai Mall with a volume of 10 million liters of water. One hundred and fifty species of marine life inhabit the aquarium. Also worth noting observation deck on the 124th floor of the Burj Khalifa tower. From here, from a height of 505 meters, breathtaking views to the whole city are opened, and two floors below the restaurant "At.mosphere", the "highest" in the world. And this is not limited to a list of what is worth seeing any tourist who decides to visit Dubai.

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 stable flow of tourists provides the owner of such an object with a regular profit. Investments in Dubai hotels, especially at the construction stage, promise quite good incomes. Buying a hotel room, the owner transfers it to the management of one of the experienced hotel operators, guaranteeing high occupancy, which means that the return on investment. So, for example, the developer The First Group, specializing in the construction of iconic hotel real estate, is cooperating with the Wyndham Hotel Group, a major brand enjoying the trust of consumers around the world. The First Group offers its potential investors a free download of the investor's guidebook, which contains useful information about the possibilities of investing in the Dubai property market.