The real estate market in Europe may seem more profitable for investment than Dubai.

For example, prices in Bulgaria start from $50,000, and in the UAE – from $100,000. However, there are nuances. In Europe there are annual property taxes.

There are no taxes in Dubai even for foreign investors. It is worth noting that the apartments are rented out with renovation.

If we talk about seasonality, then real estate in Bulgaria, Spain is in great demand only in summer, while in Dubai it is warm all year round. Moreover, in Europe the demand depends on the proximity to the sea, while in Dubai the price also depends on the respectability of the area itself.

In Dubai, the investor’s money is protected from possible losses with the help of an escrow account. They are stored in an escrow account, regardless of the actions of the developer.