investing in Dubai could mean peace of mind for France’s Muslim community
Recent times have proved to be tumultuous for France’s Muslim population, as they deal with worrying realities around safety, discrimination and general unrest towards their religious beliefs across the country. As the French government works towards addressing these concerns, the UAE presents itself as a sanctuary to the community, offering them relief from what can only be described as trying times.
Dubai shines as a beacon of inclusion, diversity and security, providing an easily accessible cosmopolitan safe haven, complete with world-class infrastructure, state-of-the-art healthcare and other facets that improve the quality of life.
Here’s a closer look at how moving to Dubai, and investing in a home away from home, ticks all the boxes for France’s Muslim community.
With more than 200 nationalities living across the nation’s seven emirates, the country is a reflection of multicultural harmony and true to its own Arab culture, is welcoming of foreigners from all over the world looking to call the UAE home. Showcasing the highest levels of cultural diversity, religious tolerance and mutual respect for residents, the UAE’s culture of acceptance serves it well, creating a cultural fusion that drives economic and social growth.
Safety & Security
Recognised as among the top 10 safest countries in the world, the UAE has earned this coveted spot through years of carefully developing and implementing a law enforcement system that resulted in low crime rates year after year, confidently encouraging residents to bring in their families, establish businesses and stay in the country for the longer term.
Successfully Managing COVID-19
By virtue of its advanced healthcare infrastructure and the country-wide vaccination campaign, the UAE has one of the world's lowest virus death rates of 0.3%.
Dubai serves as a global model for crisis preparedness, maintaining the highest levels of protection against the pandemic with a zero-tolerance policy when it comes to enforcing preventative guidelines including mask-wearing, social distancing and precautionary measures in all restaurants, hotels, social gatherings and entertainment outlets. Regular inspections are also carried out to ensure strict adherence with penalties in place for violators.
With a strong regulatory framework ideal for investment, the UAE represents an excellent opportunity for French nationals looking to diversify their real estate holdings and simultaneously achieve high yields. DAMAC Properties offers smart investments or forever homes, with communities designed to maximise on the best that life in Dubai has to offer. The city is well served by DAMAC's ever-expanding portfolio of furnished residences and ready villas and apartments across prime locations.
As always, the UAE represents a lucrative investment opportunity with ready and off-plan properties designed for both, the discerning investor and families ready for a new way of life.
Always Something to Celebrate
From the Dubai Shopping Festival, Summer Surprises, Food Festival and Fitness Challenge, to a host of cultural events ranging from art, music, film and more, there’s never a dull moment in Dubai. Not only does the city promise the coolest winters with sunny skies and perfection-worthy cloud views, but stunning beaches, sprawling malls and a host of recreational activities including desert excursions, yacht parties, swanky dining and more, means you can never run out of things to do.
Proximity and Connectivity
Approximately seven hours away by air, not only is Dubai a gateway to the global economy, but by virtue of the ease of business set-up and continuity, it also opens doors for business and leisure travel.
The city is an ideal spot for a holiday home delivering the comforts of everyday living, from bustling city vibes to peaceful master communities located a short distance away.
With a cluster of airlines that offer non-stop flights to and from France, the entire travel experience for holiday and homemakers is now simple, stress-free and designed for comfort.
In recent years, the UAE has emerged as a strong player in the global infrastructure space and is recognised as an attractive place to do business and invest in. The country has injected heavy investment across a wide range of sectors like construction, transport, healthcare, telecommunications, technology and overall industrial and economic development.
The World Bank’s Doing Business 2020 Report ranks the UAE 16th out of 190 economies, for how regulations allow freedom of business, including those related to starting businesses, obtaining construction permits, getting electricity, registering property, paying taxes and receiving credit.
The UAE also ranked ninth in the IMD World Competitiveness ranking 2020, one notch above the US and one below Canada. The ranking rates economic performance, government efficiency, business efficiency and infrastructure.
As France’s Muslim community evaluates next steps, this would be the ideal time to make the most of the real-estate market dip and own a home in Dubai – a glowing example of serenity, security and smart investment.