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Connecting Dubai real estate businesses with Vietnam
On July 13, 2023, Dubai Homes Vietnam business leaders had a meeting at the Investment Promotion Center of Ho Chi Minh City. Ho Chi Minh City with the Leader of the Investment Promotion Center. See more http://itpc.hochiminhcity.gov.vn
On August 28, 2023, Dubai Homes Vietnam business leaders signed a partnership agreement with the Vietnam Chamber of Commerce and Industry to facilitate and develop the Dubai Homes Expo Vietnam 2024.
1. Competitive property prices
One of the biggest advantages for overseas investors is the competitive prices for properties in Dubai, when compared to other major cosmopolitan hubs¹. For example, a 1-bedroom apartment in Dubai Marina can cost around USD 179.7k¹, while a similar unit in Singapore can cost around USD 600k².
2. High rental yields for properties
Dubai offers some of the highest rental returns in the world, averaging around 7%¹. This means that investors can expect to recover their initial investment faster and generate a steady income from their properties
3. Tax system is investor-friendly
Dubai has a low-tax regime that attracts many foreign investors. There is no income tax, capital gains tax, or property tax in Dubai¹³. This means that investors can enjoy the full benefits of their property ownership without paying any taxes to the government.
4.Diversification of portfolio
Buying property in Dubai can help Vietnamese investors diversify their portfolio and reduce their risk exposure. Dubai’s real estate market is resilient and stable, with strong government support and regulation. The city also offers a variety of property types and locations to suit different preferences and budgets. Investing in Dubai can also provide access to other regional and international markets, as the city is a hub for trade, tourism, and finance.
5.Comprehensive wealth management services available
Dubai has a well-regulated and transparent real estate market that offers various services to property owners. These include legal assistance, maintenance, cleaning, leasing, and selling of properties¹. Investors can also hire professional property management companies to handle all aspects of their property ownership.
6.Growing population and economy
Dubai is a cosmopolitan city where people from more than 200 different countries reside. As of April 2022, Dubai’s population has passed the 3.5 million mark amid a post-pandemic rise in migration³. The city also has a booming economy that is expected to grow by 4% in 2022⁴. These factors create a high demand for housing and a favorable environment for investment.
7. Easy to buy property
Since July 2015, thanks to the Vietnamese Law on Residential Housing (LRH), foreigners can buy real estate in Vietnam at ease⁵. However, there are still some limitations and challenges for foreign buyers in Vietnam, such as complex procedures, limited supply, and high taxes⁶. On the other hand, buying property in Dubai is relatively easy and straightforward for foreigners. They can buy as many properties as they want in designated freehold areas, with minimal paperwork and fees¹³.
The UAE’s ‘Golden visa’ is a long-term residence visa which enables foreign talents to live, work or study in the UAE while enjoying exclusive benefits which include:
Dubai Homes Vietnam Investment Promotion Joint Stock Company with tax code 0317852042, represented by Mr/Ms. Behbahany Mohsin, was granted business registration certificate on 25/05/2023
He is the CEO, and has a demonstrated history of working in the hospitality industry. Mohsin is skilled in negotiations, budgeting, business planning, operations management,... More »
In his career as an architect, Lee has experience in a spectrum of project types, from residential to commercial retail and resort architecture. Lee’s strong management... More »
Starting in sales and moving up to Sales Director for several real estate companies in Ho Chi Minh City. Victor has been the chairman of many companies ... More »
A 2-Day event show casting the best of Dubai
ANC đưa ra thị trường tổng số 93.800 sản phẩm nhà ở. Số liệu chỉ tính sản phẩm bán trực tiếp đến người dùng cuối, không bao gồm sản phẩm bán buôn.
Lịch sử 28 năm phát triển, ANC là nhà phát triển BĐS tư nhân thâm niên lâu đời bậc nhất Dubai thuộc phân khúc cao cấp…
He is the CEO, and has a demonstrated history of working in the hospitality industry. Mohsin is skilled in negotiations, budgeting, business planning, operations management, and team building with a strong business development background and has achieved an MBA focused in Business Management from Monash University. Currently living in Vietnam, he heads the formation of Dubai Homes Vietnam to promote the beauty of Dubai to the people of Vietnam. Mohsin is a seasoned professional with work experience in the Gulf Region and Southeast Asia.
In his career as an architect, Lee has experience in a spectrum of project types, from residential to commercial retail and resort architecture. Lee’s strong management and communications skills has allowed him to lead projects involving the owner’s management team, a multitude of consultants, state-side authority personnel, and the general contractor. Lee oversees all the moving parts that form the expo for Dubai Homes Vietnam.
Mr. Hieu Minh Nguyen (Victor) is the Director of Operations. Victor has almost 2 decades of experience in the Vietnamese real estate market. Starting in sales and moving up to Sales Director for several real estate companies in Ho Chi Minh City. Victor has been the chairman of many companies and was recently the Business Development Director for Thanh Nien Holdings. With his in depth knowledge of the Vietnamese real estate market, he has trained many sales teams and sales managers of several companies in Vietnam. Victor coordinates all event-day tasks to ensure a successful launch for Dubai Homes Vietnam.
