We have fantastic news for Czech investors. The already high interest in purchasing property in Dubai is set to become even stronger.
The UAE Dirham is a very stable currency due to its peg to the US Dollar. However, the trend in recent weeks—specifically the fall of the dollar on global markets and the simultaneous strengthening of the Czech Koruna—is creating a highly favourable situation for European investors. For Czechs, this presents a unique opportunity to buy property more advantageously, at a discount of over 12.5% compared to last year. When compared to the pre-covid period, the difference is even greater than 15%.
When an investor considers the formula for a prime investment:
- Current property price growth in Dubai of over 20% in the last year.
- Rental yields that are double those in the Czech Republic.
- An annual return from rental income between 8–10%.
- Zero tax on rental income, zero capital gains tax, and zero property tax.
- The option of a payment plan, where you only need 20% of the purchase price.
It becomes crystal clear that an opportunity like this may never come again.
If you are interested in more information or are ready to purchase a property in Dubai, feel free to contact our Czech-speaking agents at NEXT DUBAI, who live directly in Dubai. We offer a selection of projects from all leading developers and will guide you through the entire purchase process safely and with the guarantee of the NEXT REALITY brand.