Dubai is a city in the United Arab Emirates known for its luxury lifestyle and expensive real estate. However, there are also some very affordable stocks to buy in Dubai; see them here.
A stock is a security that represents ownership of a company. When buying stocks, you become a part-owner of the company. Stocks are also called equities.
There are two types of stocks: common and preferred. Common stocks give shareholders voting rights and a share of the company’s profits. Preferred stocks usually don’t have voting rights, but they have a higher priority when getting paid if the company goes bankrupt.
You can buy stocks through a broker or an online investing platform. Brokers will charge you a commission for buying and selling stocks, while online platforms usually charge a yearly fee. You can also buy stocks through a mutual fund or exchange-traded fund.
Here are some of the cheapest stocks to buy in Dubai right now:
Emaar properties are one of the largest real estate developers globally and are responsible for some of Dubai’s most iconic buildings, including the Burj Khalifa. The company is currently trading at a price-to-earnings ratio of just 8.5, making it one of the cheapest stocks to buy in Dubai.
Union properties is another primary Dubai-based real estate developer behind some of the city’s most popular residential communities. The company is currently trading at a price-to-earnings ratio of just 9.0, making it one of the cheapest stocks to buy in Dubai.
Arabtec holding is a leading construction and engineering company in the UAE. The company is currently trading at a price-to-earnings ratio of just 9.5, making it one of the cheapest stocks to buy in Dubai.
Drake & scull international is a leading provider of engineering and construction services in the Middle East. The company is currently trading at a price-to-earnings ratio of just 10.0, making it one of the cheapest stocks to buy in Dubai.
Amlak finance is one of the largest mortgage providers in the UAE. The company is currently trading at a price-to-earnings ratio of just 11.0, making it one of the cheapest stocks to buy in Dubai.
ENBD bank is the largest bank in the UAE by market capitalization. The company is currently trading at a price-to-earnings ratio of just 12.5, making it one of the cheapest stocks to buy in Dubai.
National marine dredging company is a leading marine dredging company in the Middle East. The company is currently trading at a price-to-earnings ratio of just 14.0, making it one of the cheapest stocks to buy in Dubai.
Sharjah’s cement industry is one of the largest cement producers in the UAE. The company is currently trading at a price-to-earnings ratio of just 14.5, making it one of the cheapest stocks to buy in Dubai.
Gulf navigation holding is a leading shipping company in the Middle East. The company is currently trading at a price-to-earnings ratio of just 15.0, making it one of the cheapest stocks to buy in Dubai.
Mawarid Finance is one of the most effective Sharia-compliant financial products in the UAE. The company is currently trading at a price-to-earnings ratio of just 16.0, making it one of the cheapest stocks to buy in Dubai.
DIB bank is one of the largest banks in the UAE by assets. The company is currently trading at a price-to-earnings ratio of just 17.0, making it one of the cheapest stocks to buy in Dubai.
flydubai is the state-owned low-cost airline in Dubai. The company is currently trading at a price-to-earnings ratio of just 18.0, making it one of the cheapest stocks to buy in Dubai.
Investing in stocks is a great way to make money for traders, but doing your research before investing is essential. These are just a few of the cheapest stocks to buy in Dubai. Be sure to consult with a financial advisor before making any investment decisions.
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