Dubai is one of the seven Emirates in the United Arab Emirates (UAE). For last 10 years, Dubai has decided to stay away from an oil based economy; therefore they introduced a tax free economy that has attracted many investors and labors from foreign countries.

With the introduction of free hold property in Dubai 5 years ago, expatriates can now own their own property; this has resulted in many expatriates to buy a property like apartment or villa instead of paying rent.

On the other hand, the existing and improving economic facilities like "no income tax", has attracted many people to invest and work in Dubai.

Therefore the demand for owning a property in Dubai has increased which caused an increase in property value. Now investing in Dubai property is an excellent investment that has up to 500% return on investment.

For more information about properties in Dubai and investment opportunities, please visit http://www.dubaipropertieshome.com