In 2002 Sheikh Mohammed bin Rashid Al Maktoum of Dubai had a vision to create the city of the future. In doing this and creating a truly cosmopolitan and global society, an international community would be required, and so the Sheikh decided to allow foreign investors to purchase property on Dubai soil.

Dubai and the UAE's future is focused upon creating a business and tourism environment second to none which centres around incoming foreign investment from commercial institutions and individual investors.

Some of the reasons why Khoie invest in the United Arab Emirates property market include:

Future Demand: Population is destined to increase from 1m to 3m whilst tourism will also triple from 6m to 15m, by 2010
Future Supply: All master-planning is Government controlled to carefully manage the demand-supply ratio thus maintain strong growth & returns
Buying Process: Simple. No company formation is nor national registration required
Freehold: The right to obtain freehold rights on your property is provided with most non-UAE purchases of property.
Residency: Resident visas are supplied with non-UAE purchase on property
Capital Gains Tax: 0%
Rental Income Tax: 0%
Land Registration Tax: 1.5% (this is paid to the Government on completion)
Transfer Fee: 1-7% (this is paid to developer on resale of contract before completion)
Capital Appreciation: Recent years have risen between 15 - 25% annually
Rental returns: Recent years have returned between 10 - 20% annually