About GG Benitez
We specialize in connecting discerning buyers with luxury investment properties in Dubai and coastal California. Our approach includes expert, concierge-style, best-in-class services along with keen market insights to help you secure the best real estate opportunities for your investment portfolio and lifestyle.
We also have a referral network of professionals, including international mortgage lenders, international tax attorney and property managers to help create a turn key investment journey for foreigners.
We also have a referral network of professionals, including international mortgage lenders, international tax attorney and property managers to help create a turn key investment journey for foreigners.
GG Benitez International
Key Reasons to Invest in Dubai Real Estate
Dubai Real Estate
There are currently 3.5 million residents in Dubai. Population is expected to reach 5.9 million in 2040, a growth rate of more than 100,000 per year. With continued demand and not enough supply to meet it, Dubai’s real estate market continues to accelerate at an impressive and exciting rate.
Welcoming environment
A welcoming environment, Dubai’s population is diverse. Expats span from the U.S., England, Canada, Germany, Italy, France, India, and Pakistan to many other countries. English is the most commonly spoken language, a plus for American investors.
Stable Currency
The exchange rate is also stable, allowing for continuing growth. Its AED currency to the USD exchange rate has ranked among the most popular and consistent. And in Dubai, investors can also use crypto currency for their transactions.
Diversified Economy
There are also tax exemptions and benefits to consider. A safe and tax-free investment, Dubai has no personal income tax, property tax, or capital gain tax implications (investors are still subject to any U.S. tax requirements). This is another reason why businesses and investors, including high-net worth individuals, find Dubai so enticing. In fact, Dubai currently attracts the highest migration of high-net worth investors than any other destination, outplacing the U.S. for the first time.
Tax Free Investment
There are also tax exemptions and benefits to consider. A safe and tax-free investment, Dubai has no personal income tax, property tax, or capital gain tax implications (investors are still subject to any U.S. tax requirements). This is another reason why businesses and investors, including high-net worth individuals, find Dubai so enticing. In fact, Dubai currently attracts the highest migration of high-net worth investors than any other destination, outplacing the U.S. for the first time.
Dream Destination
Dubai Off Plan
Top 6 Projects to invest in Dubai Real Estate
DAMAC Coral Reef
8601 Honeygo Boulevard, Baltimore, MD 21236
Omniyat Anwa Aria
8601 Honeygo Boulevard, Baltimore, MD 21236
Elara at Madinat Jumeirah Living (MJL)
8601 Honeygo Boulevard, Baltimore, MD 21236
Nakheel Rixos Dubai Islands Residences
8601 Honeygo Boulevard, Baltimore, MD 21236
Trillionaire Residences by Binghatti
8601 Honeygo Boulevard, Baltimore, MD 21236
DAMAC The Farmhouses Villas
8601 Honeygo Boulevard, Baltimore, MD 21236
Testimonials
CLIENT SUCCESS STORIES
"GG Benitez is well connected in Dubai and here in San Diego. She and her Real Estate partners showed me multiple properties in Dubai, ultimately helping me find the most strategic investment opportunity. She is on top of her game, knowledgeable, and trustworthy in this area. If you need someone to help you buy and invest in real estate, I highly recommend her."
Chris MattiaUSA
“In a world of robotic transactions, GG Benitez is uniquely and wonderfully human. As busy as she is, GG is committed to the needs and vision of each client, and that’s a good feeling.”
Kelcey FelbertOperations Director
"I have known GG over 30 years she is one of the most hard working professionals I know with strong determination and knowledge of both the San Diego and the Dubai Market and current trends. Having GG by your side as your advisor is a financial benefit on its own."
Zainab Al ShamkhaniCalifornia-USA
FAQs
General questions
When navigating the complexities of buying property in Dubai, understanding the laws, requirements, and processes will help you make a smart and safe investment.
Can Foreign Investors Purchase Property in Dubai?
The Dubai Land Department (DLD) has designated specific properties as Freehold Properties:
○ Freehold properties grant foreigners the opportunity to own a piece land and the dwelling on it.
○ Home owners have the option to occupy, sell, or lease the property.
Can You Benefit from a 1031 Exchange in Dubai?
As explained by 1031 Specialist Andrew Gustafson, CES®:
○ “The IRS allows international real property to be 1031 exchanged for other international real property given the fact pattern of holding the relinquished property satisfies IRS Revenue Procedure 2008-16.”
○ “Property in Dubai with a capital gain tax due can be deferred in a 1031 exchange when real property of greater value is acquired and held for at least two years.”
○ “In each of those two years, the property must be rented a minimum of fourteen overnights, with no more than fourteen personal overnights in each of the two years.”
Can a Foreign Investor Obtain a Mortgage?
Mortgages are typically available to investors once a project or off-plan property is built and just prior to hand-off. At this point, you can learn more about the requirements individual to the deal:
○ Usual requirements include being under the age of 55 and having a minimum of $50,000 in your bank account.
○ You can apply for a mortgage through both national and private banks.
○ You will also need to meet the mortgage requirements specific to the bank you are working with.
Contact us
Request Available Units & Prices
DRE # 01487964
+1 (619) 339-7978
info@ggbenitezinternational.com
10755F Scripps Poway, Pkwy #537, San Diego, CA 92131
+1 (619) 339-7978
info@ggbenitezinternational.com
10755F Scripps Poway, Pkwy #537, San Diego, CA 92131
GG Benitez is a real estate agent affiliated with Realty Executives Dillon. Realty Executives Dillon is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit properties already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
We also have a referral network of professionals, including international mortgage lenders, international tax attorney and property managers to help create a turn key investment journey for foreigners.
We also have a referral network of professionals, including international mortgage lenders, international tax attorney and property managers to help create a turn key investment journey for foreigners.