Investing in real estate in Dubai offers great returns that are higher than other cities such as London and New York. With no property taxes, investments can generate high returns of over 6%, and even into double digits in certain areas. Prices for properties are continually increasing which makes for a great gain for investors. A recent UBS report showed that Dubai is one of the only markets undervalued compared to global cities like New York, Hong Kong, and Paris adding further potential to the rewards of investing in this city.