{"id":29265,"date":"2025-06-30T07:25:21","date_gmt":"2025-06-30T07:25:21","guid":{"rendered":"https:\/\/elite-bricks.com\/?p=29265"},"modified":"2025-06-30T07:25:24","modified_gmt":"2025-06-30T07:25:24","slug":"dubai-is-a-worlds-new-second-home-capital-as-demand-rises","status":"publish","type":"post","link":"https:\/\/elite-bricks.com\/es\/2025\/06\/30\/dubai-is-a-worlds-new-second-home-capital-as-demand-rises\/","title":{"rendered":"Dubai is a world&#8217;s new second-home capital as demand rises"},"content":{"rendered":"<p>How visa reforms, tax-free living, and lifestyle-driven demand are transforming Dubai into a permanent base for global citizens<\/p>\n\n\n\n<p>Dubai is emerging as a hotspot for digital nomads and remote professionals.<\/p>\n\n\n\n<p>Dubai, long admired for its architectural marvels and tax-friendly policies, has evolved beyond being merely a playground for the wealthy. Today, it is firmly establishing itself as a permanent lifestyle destination for global citizens. Over the past few years, the emirate has seen a significant surge in high-net-worth individuals acquiring prime properties \u2014 not just as a means of portfolio diversification, but for actual personal use.<\/p>\n\n\n\n<p>Historically, Dubai\u2019s real estate market was dominated by flippers and short-term investors attracted by high rental yields, off-plan appreciation, and rapid development cycles. However, the profile of buyers has shifted dramatically, especially in the five years following the pandemic. Today\u2019s buyers are more emotionally invested, seeking long-term security, lifestyle benefits, and a true home for themselves and their families.<\/p>\n\n\n\n<p>This transformation has been further supported by the introduction of Golden Visas, enhanced residency laws, and Dubai\u2019s unmatched lifestyle appeal. These factors have made it easier and more desirable for foreigners to settle in the city. As a result, demand in the real estate sector has moved away from speculative investments toward end-user purchases, bringing greater stability and sustainability to the market.<\/p>\n\n\n\n<p><strong>Why Second-Home Buyers Flocking to uae<\/strong><\/p>\n\n\n\n<p>\u201cThe lifestyle factors attracting second-home buyers to Dubai include a strong sense of safety, world-class infrastructure, a convenient geographic location, and significant tax advantages, such as zero income tax,\u201d says Svetlana Vasilieva, Head of Secondary Sales at Metropolitan Premium Properties.<\/p>\n\n\n\n<p>In particular, families are increasingly making Dubai their second home. Drawn by the city\u2019s secure environment, excellent schooling options, and abundant family-friendly amenities, many are opting for larger residences to accommodate growing household needs.&nbsp;<\/p>\n\n\n\n<p><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/imgengine.khaleejtimes.com\/khaleejtimes-english\/2025-06-30\/6kdcvu8h\/Svetlana-VasilievaHead-of-Secondary-Sales-at-Metropolitan-Premium-Properties.JPG?width=1200&amp;format=auto\" alt=\"Svetlana Vasilieva, Head of Secondary Sales at Metropolitan Premium Properties.\" height=\"1599\" width=\"1066\"><\/p>\n\n\n\n<p>Svetlana Vasilieva, Head of Secondary Sales at Metropolitan Premium Properties.<\/p>\n\n\n\n<p>\u201cThe introduction of initiatives like the Golden Visa and streamlined family sponsorship processes have made Dubai an even more attractive destination for families,\u201d Vasilieva adds. \u201cWe are seeing a clear rise in demand for 4-5 bedroom homes designed for comfort and long-term living.\u201d<\/p>\n\n\n\n<p>Echoing this trend, Sara Aji, Managing Partner of Alma Developments, notes, \u201cDubai\u2019s appeal has broadened beyond traditional investors. Families now prioritise liveability over speculation. At Alma Gardens, for example, there\u2019s increasing demand for thoughtfully designed homes with features like built-in studies, ample storage, and community amenities that cater to multi-generational living and hybrid work setups.\u201d<\/p>\n\n\n\n<p>Dubai\u2019s reputation as a retirement-friendly city is gaining momentum thanks to the retirement visa programme and the city\u2019s tax-free environment. \u201cRetirees are increasingly considering Dubai for second homes,\u201d Vasilieva observes. \u201cThe combination of a modern, well-connected city with attractive tax benefits makes it an ideal choice for a comfortable retirement abroad.\u201d<\/p>\n\n\n\n<p><img decoding=\"async\" src=\"https:\/\/imgengine.khaleejtimes.com\/khaleejtimes-english\/2025-06-30\/658d6yar\/Sara-Aji.jpg?width=1200&amp;format=auto\" alt=\"Sara Aji, Managing Partner of Alma Developments.\" height=\"4560\" width=\"3648\"><\/p>\n\n\n\n<p>Sara Aji, Managing Partner of Alma Developments.<\/p>\n\n\n\n<p>At the same time, Dubai is emerging as a hotspot for digital nomads and remote professionals. The city\u2019s remote work visa, rapid internet, numerous co-working spaces, and thriving expat communities create the perfect ecosystem for location-independent lifestyles.<\/p>\n\n\n\n<p>Kareem Fahmy, Founder and CEO of Innovate Living and Co-Founder of Omoria, comments: \u201cWe\u2019re seeing interest from professional couples, entrepreneurs, and remote workers relocating from major global cities. They seek not only tax and climate advantages but also a high quality of life. Dubai offers a secure, vibrant, and culturally rich environment that meets diverse lifestyle needs.\u201d<\/p>\n\n\n\n<p>\u201cThe shift we\u2019re witnessing is from pure investment to lifestyle-driven purchases,\u201d says Aamil Tabani, CEO of Golden Bridge Real Estate. \u201cBuyers today want more than a property, they want a city that supports their way of life.\u201d<\/p>\n\n\n\n<p>Dubai\u2019s unique blend of modern luxury, year-round sunshine, and top-tier infrastructure makes it a compelling choice for second-home ownership. \u201cFrom family-friendly healthcare and international schools to leisure facilities like golf courses, beaches, fine dining, and entertainment hubs, Dubai offers a lifestyle where individuals and families can live comfortably for months at a time,\u201d Tabani explains. \u201cThis lifestyle appeal is the real magnet for second-home buyers.\u201d<\/p>\n\n\n\n<p><strong>Tax-free Living and Long-term Visas<\/strong><\/p>\n\n\n\n<p>With its bold visa reforms, investor-friendly regulations, and enviable tax structure, the emirate is outpacing traditional second-home markets like London, Paris, and Singapore.<\/p>\n\n\n\n<p>\u201cDubai offers substantial tax advantages compared to traditional second-home destinations like London, Paris, or Singapore \u2014 especially for high-net-worth individuals, investors, and expatriates,\u201d says Vasilieva.&nbsp;<\/p>\n\n\n\n<p>\u201cOne of the most compelling benefits is that Dubai imposes zero annual property tax, no capital gains tax, no inheritance tax, and no personal income tax.\u201d<\/p>\n\n\n\n<p>Compare that with Europe\u2019s leading cities, where annual property taxes range from 1% to 3%, and rental income can be taxed up to 45%, depending on tax residency and income brackets. In Singapore, foreign buyers face stamp duties of up to 60%, along with income tax on rental income capped at 22%.&nbsp;<\/p>\n\n\n\n<p>Dubai, in contrast, offers clarity and predictability. \u201cSecond-home ownership in London, Paris, or Singapore often comes with a web of stamp duties, inheritance taxes, and high recurring levies,\u201d says Aji. \u201cThis makes Dubai not only a fantastic lifestyle destination but also a more cost-efficient place to invest in real estate.\u201d<\/p>\n\n\n\n<p><img decoding=\"async\" src=\"https:\/\/imgengine.khaleejtimes.com\/khaleejtimes-english\/2025-06-30\/172qf1fe\/Aamil-Ad.jpg?width=1200&amp;format=auto\" alt=\"Aamil Tabani, CEO of Golden Bridge Real Estate.\" height=\"9504\" width=\"6335\"><\/p>\n\n\n\n<p>Aamil Tabani, CEO of Golden Bridge Real Estate.<\/p>\n\n\n\n<p>Beyond its favourable tax regime, Dubai is also redefining how the world approaches property-linked residency.&nbsp;<\/p>\n\n\n\n<p>\u201cThe introduction of long-term visas, particularly the 10-year golden visa, has been a game-changer,\u201d says Tabani. \u201cIt provides security, confidence, and mobility.\u201d<\/p>\n\n\n\n<p>Today, investors can secure a 10-year golden visa by investing just Dh2 million in real estate \u2014 even through mortgage-backed purchases. The recent removal of the minimum down payment requirement for visa eligibility has further opened the gates for a broader investor base.<\/p>\n\n\n\n<p>\u201cPolicy innovation has been a catalyst,\u201d Tabani adds. \u201cCombined with transparent regulations and ease of property registration, it has boosted international interest in Dubai as a long-term second-home destination.\u201d<\/p>\n\n\n\n<p>A recent example is the introduction of the \u201cvisa on hold\u201d procedure, which allows residents to temporarily suspend their visa while transferring it to a new property. This makes it easier for end-users to relocate within Dubai or upgrade their investment without bureaucratic red tape. Additionally, developers are sweetening the deal. From escrow-protected payment plans to post-handover options, buyers are finding it easier than ever to step into the market. \u201cThese changes reflect a shift from transactional investment toward encouraging deeper lifestyle integration,\u201d notes Aji.<\/p>\n\n\n\n<p>\u201cDubai\u2019s tax environment continues to be one of its most compelling value propositions,\u201d says Fahmy. \u201cBut equally important is the government\u2019s proactive approach to regulation. The UAE now offers a unique mix of fiscal advantage, transparency, and lifestyle.\u201d<\/p>\n\n\n\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/imgengine.khaleejtimes.com\/khaleejtimes-english\/2025-06-30\/j5tq360v\/1de7c710-8a2b-4516-bb46-3ed98248ceda1.JPG?width=1200&amp;format=auto\" alt=\"Kareem Fahmy, Founder and CEO of Innovate Living and Co-Founder of Omoria.\" height=\"853\" width=\"1280\"><\/p>\n\n\n\n<p>Kareem Fahmy, Founder and CEO of Innovate Living and Co-Founder of Omoria.<\/p>\n\n\n\n<p>He points out that the 9% corporate tax introduced recently only applies to business profits above Dh375,000 \u2014 leaving most residents and real estate investors unaffected.&nbsp;<\/p>\n\n\n\n<p>\u201cThe government has made targeted efforts to ensure international investors feel supported,\u201d Fahmy adds, \u201cfrom fast-track administrative services to broader integration into the country\u2019s economic ecosystem.\u201d<\/p>\n\n\n\n<p>&nbsp;<strong>Second Homes with First-Class Appeal<\/strong><\/p>\n\n\n\n<p>From panoramic waterfront villas to sleek branded residences and tech-enabled serviced apartments, international investors are embracing a new kind of convenience-led luxury.&nbsp;<\/p>\n\n\n\n<p>\u201cWaterfront homes are the most popular as beaches are rarely accessible in other countries all over the world,\u201d says Vasilieva. \u201cBranded residences are also a top choice among second-home buyers because they come with high-end lifestyle facilities. Meanwhile, serviced apartments are appealing to clients looking for a hassle-free investment that delivers short-stay flexibility and rental income, all in a fully furnished, smart-home-equipped package.\u201d<\/p>\n\n\n\n<p>Tabani notes a surge in demand for branded residences that provide \u201chotel-like services and global prestige,\u201d as well as waterfront and golf-view homes that blend lifestyle appeal with solid rental potential. \u201cBuyers want convenience, high-end amenities, strong resale value, and minimal hassle. Developers are responding by offering turnkey solutions, flexible payment plans, and features like co-working lounges, wellness spaces, concierge services, and even international school partnerships within communities,\u201d he says.&nbsp;<\/p>\n\n\n\n<p>For Fahmy, the real differentiator lies in the art of hospitality. \u201cSecond-home buyers are increasingly drawn to residences that offer more than just design or location. What they value most is ease, privacy, and a level of service that feels intuitive,\u201d he explains.&nbsp;<\/p>\n\n\n\n<p>At Omoria, this ethos is embodied by the Japanese philosophy of Omotenashi \u2014 a concept rooted in thoughtful, anticipatory care. \u201cTechnology and AI play a meaningful role in delivering this,\u201d Fahmy adds. \u201cFrom learning personal preferences and automating climate settings to preparing the home before arrival, our systems are designed to enhance\u2014not replace the human touch.\u201d<\/p>\n\n\n\n<p>Aji agrees. \u201cBranded residences and turnkey apartments continue to perform well, but there\u2019s also growing interest in functional, mid-size homes that are ready for immediate use, especially among families and part-time residents,\u201d she says. \u201cAt Alma, we provide fully fitted interiors, built-in cabinetry, and flexible layouts that accommodate extended stays without the hassle of post-handover furnishing. The demand is for homes that feel \u2018lived in\u2019 from day one.\u201d<\/p>\n\n\n\n<p><strong>Top Picks for Savvy Buyers<\/strong><\/p>\n\n\n\n<p>According to Vasilieva, family-centric gated communities are leading the pack. \u201cFrom a real estate perspective, several areas in Dubai are emerging as top choices for second-home buyers, driven by lifestyle preferences, infrastructure, and investment potential,\u201d she says. \u201cGated communities such as Dubai Hills Estate, Arabian Ranches, and Emirates Living are highly sought-after for their family-friendly environments, security, green spaces, and well-developed social infrastructure, all within a single, self-contained area.\u201d<\/p>\n\n\n\n<p>For those craving an urban pulse, neighbourhoods like Dubai Marina, Downtown Dubai, and Dubai Creek Harbour remain firmly in demand. These communities offer waterfront living and close proximity to major business hubs, alongside vibrant dining and entertainment scenes. \u201cMohammed Bin Rashid City (MBR City) is also gaining popularity among both families and investors,\u201d Vasilieva adds, citing its central location, spacious layouts, and luxury-centric amenities.<\/p>\n\n\n\n<p>\u201cWhile traditional areas like Palm Jumeirah, Downtown Dubai, and Dubai Marina continue to see strong demand, we\u2019re now seeing heightened interest in new masterplan districts such as Dubai Islands,\u201d Fahmy says. \u201cThese emerging areas are being developed with a clear focus on integrated living, offering a blend of residential, lifestyle, cultural, and wellness experiences within a single ecosystem.\u201d<\/p>\n\n\n\n<p>Aji highlights the growing traction in Dubailand, particularly areas like Liwan. \u201cWhile traditional hotspots like Downtown and the Palm remain popular with the luxury segment, we\u2019re seeing strong momentum in emerging areas like Liwan that are focusing on the mid-market sector,\u201d she says. \u201cThese communities offer more space, better value per square foot, and improved infrastructure, especially with the upcoming Dubai Metro Blue Line.\u201d<\/p>\n\n\n\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/imgengine.khaleejtimes.com\/khaleejtimes-english\/2025-06-30\/spgv9qc4\/shutterstock2603602263.jpg?width=1200&amp;format=auto\" alt=\"From panoramic waterfront villas to sleek branded residences and tech-enabled serviced apartments, international investors are embracing a new kind of convenience-led luxury.&nbsp;\" height=\"4096\" width=\"4096\"><\/p>\n\n\n\n<p>From panoramic waterfront villas to sleek branded residences and tech-enabled serviced apartments, international investors are embracing a new kind of convenience-led luxury.&nbsp;<\/p>\n\n\n\n<p><strong>\u2018Home Away From Home\u2019<\/strong><\/p>\n\n\n\n<p>As international buyers seek flexible living arrangements that blend luxury, liveability, and long-term opportunity, the emirate is ticking all the right boxes. The trend of treating Dubai as a second home is not only growing \u2014 it\u2019s here to stay.&nbsp;<\/p>\n\n\n\n<p>Vasilieva believes Dubai is perfectly positioned to lead this global shift. \u201cYes, the trend of treating Dubai as a second home is expected to continue growing over the next decade,\u201d she says. \u201cPost-pandemic, the concept of a \u2018second home\u2019 has evolved, it\u2019s no longer just a vacation property, but a flexible living base that supports work, lifestyle, and long-term security.\u201d<\/p>\n\n\n\n<p>The global pandemic was a turning point in how people view mobility and space. A second home today isn\u2019t just a luxury beachfront escape, it\u2019s a strategic base that supports remote work, family life, and a new sense of wellbeing. Dubai&#8217;s unique combination of tax advantages, geographic accessibility, and high-quality lifestyle has helped solidify its place on the shortlist of international buyers. \u201cDubai supports this evolution through flexible visa options, zero income tax, top-tier infrastructure, and political stability,\u201d Vasilieva adds. \u201cIts role as a global aviation hub further cements its appeal.\u201d<\/p>\n\n\n\n<p>For Aji, the shift is as much about mindset as it is about market conditions. \u201cThe pandemic redefined what it means to have a second home \u2014 it\u2019s now a flexible base that supports work, family, and wellbeing,\u201d she notes.&nbsp;<\/p>\n\n\n\n<p>\u201cDubai is uniquely positioned to lead this shift thanks to its infrastructure, lifestyle ecosystem, and proactive policymaking.\u201d<\/p>\n\n\n\n<p>Aji also observes a diversification in buyer interest. While luxury remains a strong pull, there\u2019s a marked increase in mid-market investments from global citizens seeking value and long-term liveability.&nbsp;<\/p>\n\n\n\n<p>\u201cOver the next decade, we expect the second-home trend to strengthen, particularly with investors looking beyond the usual hotspots. Challenges may come from global economic headwinds or oversupply in certain sub-markets, but Dubai\u2019s continued focus on liveability and investor-friendly regulation will likely keep it front and centre in the global second-home conversation.\u201d<\/p>\n\n\n\n<p>Indeed, the idea of \u201chome\u201d itself is evolving. Fahmy sees a growing shift in priorities. \u201cThere\u2019s a growing emphasis on well-being, mobility, and quality of life, rather than simply owning property in major capital cities,\u201d he explains.&nbsp;<\/p>\n\n\n\n<p>\u201cDubai caters to all these evolving priorities. It offers world-class infrastructure, a globally connected location, and a lifestyle that blends cultural depth with modern convenience.\u201d<\/p>\n\n\n\n<p>He adds that Dubai\u2019s appeal goes beyond hard metrics like safety and tax incentives. \u201cIt\u2019s also about hospitality, experience, and design. The city\u2019s ambition \u2014 evident in strategic plans like Dubai 2040 and its consistent top rankings in safety reinforces its status as more than just a destination. Dubai is a long-term lifestyle choice.\u201d<\/p>\n\n\n\n<p>Tabani credits much of the growth to the emirate\u2019s visa reforms, urban planning, and consistent investment in tourism and sustainability.&nbsp;<\/p>\n\n\n\n<p>\u201cPost-pandemic, the idea of a second home is no longer just a luxury \u2014 it\u2019s a flexible lifestyle solution. People want a base in a city that offers opportunity, safety, and quality of life,\u201d says Tabani. \u201cDubai ticks every box, emerging as a hybrid home city \u2014 ideal for business, leisure, or a seasonal lifestyle. It\u2019s not just a second home anymore\u2026 for many, it\u2019s becoming their preferred home away from home.\u201d<\/p>\n\n\n\n<p><strong>Fuente: Khaleej Time<\/strong><\/p>\n\n\n\n<p><strong>Published: 30 June 2025<\/strong><\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>How visa reforms, tax-free living, and lifestyle-driven demand are transforming Dubai into a permanent base for global citizens Dubai is emerging as a hotspot for digital nomads and remote professionals. Dubai, long admired for its architectural marvels and tax-friendly policies, has evolved beyond being merely a playground for the wealthy. Today, it is firmly establishing [&hellip;]<\/p>","protected":false},"author":7,"featured_media":29266,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[361,3110,3109,562,3108],"class_list":["post-29265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-dubai-real-estate","tag-expat-housing-dubai","tag-global-property-trends","tag-property-investment-dubai","tag-second-home-in-dubai"],"_links":{"self":[{"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/posts\/29265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/comments?post=29265"}],"version-history":[{"count":0,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/posts\/29265\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/media\/29266"}],"wp:attachment":[{"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/media?parent=29265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/categories?post=29265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/tags?post=29265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}