Saturday 31 March 2012

How to Buy Dubai Properties For Sale


Due to the wise planning by the Dubai leadership, the buying process of Dubai properties has been incredibly lucrative. With development areas for the highest residential tower and largest mall in the world, Dubai is experiencing a booming real estate market. Owing to strong fundamental demographics, Dubai is enjoying a vibrant real estate market boom. In Dubai, real estate prices have risen due to high demand and supply shortages.

The Dubai government has managed this economic boom with a push-pull management. The Crown Prince relaxed foreign ownership regulations in the year 2002, thereby allowing for 100% foreign control of "freehold" property which could be sold, rented or leased. As a result of this move international investment has flowed into Dubai. Other offers like no capital gains tax in the UAE and no stamp duty on UAE real estate has all induced more real estate property investment in Dubai.

The Dubai Strategic Plan for 2015 is an ambitious plan that targets high GDP growth rates with an increasingly skilled workforce, through extensive investment in financial, construction and tourist sectors. While other regions in the world are experiencing credit crunches due to mismanagement, Dubai has a credit surplus and is an emerging international financial centre.

The Dubai accommodation has options available for commercial properties, short-term rental properties and office spaces. It also has residential properties that include apartments, luxury villas and mixed-use gated communities. These are also waterfront properties, beach resorts and penthouses. The opportunity is awesome as many real estate developments have extensive waiting list and the Dubai rental property offers high yields of around 12 - 15% per annum.

Thursday 29 March 2012

2012 Will Be a Golden Year for Dubai Real Estate Market


When Dubai real estate market recovery gaining momentum during the Q4 of the previous year, it led the experts to think better times ahead in 2012. Since the rate of decline in rents and sale prices had been slowed down to a significant extent, the real estate market was expected to hit bottom in the first six months of the year. The recent report of the Asteco has reported that the prediction has actually turned out to be true since Dubai real estate market is remaining steady in Q1.

The residential market in Dubai is showing mixed results since the demand of buy property in Dubai is rising across some areas while properties in other areas still seem to be in pressure. Despite the mixed results, the overall Dubai real estate market is continuing its trend of stability. On the other hand, the price of the Abu Dubai real estate is marking considerable declines.

In comparison to the previous quarter, the rents of villas in Dubai have inched up to 1% during the Q1 of 2012, whereas the selling prices of villas have grown by 4%. The rise in the selling price of the villas is because of the increasing number of the owner-occupiers in Arabian ranches, Emirates Living and Palm Jumeirah.

The average rent of one-bedroom Dubai apartments has showed a 5% growth in the first three months as compared to the previous quarter. A four-bedroom villa in Arabian Ranches and a 3-bedroom villa in Meadows has marked a growth of 2% and 3% respectively. Moreover, apartment rents have also remained steady across man areas in Dubai showing that residential market is now getting back on the track slowly.

Opposite to the residential market, the commercial sector of the market has showed low performance with 2% marginal declines in the in the sale of the offices because of low number of transactions. Moreover, the rents of offices in Dubai have also declined by 1%. Though residential real estate in Dubai is currently outperforming its commercial real estate of Dubai, yet the rate of decline has been slowed down as compared to the worst times. These results show that this year will be a golden year to buy Dubai property for a profitable investment.

Wednesday 28 March 2012

Commercial Real Estate in Dubai


As Dubai is a booming real estate market, you have a large number of options to consider and choose from before investing your money in real estate. It is worth pointing that the real estate in Dubai consists of offices and commercial space, apartments and villas. Dubai real estate has become quite a hit among international investors because of the good investment return.

In addition, Dubai real estate boasts tremendous projects such as The World and The Palm. Talking about The World, it is the world's biggest artificial island complex, developed with holiday resorts, golf courses and villas.

On the other hand, The Palm is being regarded as the "The Eighth Wonder of the World". Dubai Marina, which is one of the biggest manmade waterfront projects in the world, is also one of the finest commercial real estate properties in Dubai. This world class real development also offers you many luxurious villas in Dubai for sale and rental purpose.

HDS Tower

Located at the F2 Jumeirah Lake Tower, HDS Tower is one of the finest commercial real estate properties in Dubai. The best part about HDS Tower is its unique architectural design and beauty that gives a spectacular look to the building. Even better, HDS Tower is tailor made not only for small offices but also for large and Duplex Offices.

HDS Tower also offers breathtaking views of Arabian Sea, Jumeirah Lake, Emirates golf club and Sheikh Zayed Road. Technology is the keyword in HDS Tower, with high speed and powerful broadband connectivity and WIFI Hotspots.

Features of HDS Tower
  • Fool-proof Security
  • High-tech Intelligent building management system
  • Coffee shops
  • Atrium
  • Building system Technology
  • Tinted Coated Glass
  • Passive & Active shading Devices
Executive Heights

Executive Heights is the backbone of global & regional businesses in Dubai. In general, Executive Heights is a tremendous 25-storey structure, giving 360,000 Sq. ft. of office space. The best part about Executive Heights is that it is fully equipped with state of the art networking technology and communication, which is quite pivotal for business companies.

Some of the features
  • Banking hall
  • Customized Workspace
  • High Speed Internet
  • Advanced Networking
  • Fully Equipped Conference Rooms
  • Digital & Satellite TV
  • Ample parking space
  • 24-hour Survelliance
1 Lake Plaza

Located at Jumeirah Lake Towers, 1 Lake Plaza is one of the finest commercial real estate properties in Dubai. 1 Lake Plaza offers a dynamic blend of residences offices and retail outlets.

Here are some developments of commercial property for sale Dubai. So, if you want to start your business in Dubai then prefer these commercial real estate developments for your business success.

Tuesday 27 March 2012

Sensuous Dubai and Its Best Accommodation


Most commonly considered as the Las Vegas of the Middle East and the Manhattan of the East, Dubai evokes a feeling of thrill and charm. One of the richest cities in the world, Dubai is a remarkable city with the top-notch attractions, interesting historical and modern sites and finger licking cuisine. Coming down to this part of the world is no longer an arduous one, given the number of frequent flights to Dubai. The unmatched lavishness, class and luxury of Dubai are most appealing!

Dubai city is an emirate of the United Arab Emirates and is nestled in the south of Persian Gulf. Bearing the largest population of the nation, Dubai city has emerged as an overall global city and is a leading business center today. The city has been the epitome of attraction and lavish lifestyle since a long time now and owing to cheap flights to Dubai, reaching Dubai is no big deal at all! Tourists have loved Dubai's exquisite distinction from the other emirates with sporting events, large constructions, beautiful landscapes and backdrop, fabulous shopping festivals and lots of entertainment hubs.

Whenever cheap and affordable vacation or travel is mentioned the fist city that comes to mind is Dubai. It is a modern, vibrant and exciting city filled with wonderful surprises. Traveling to Dubai is one experience that most people crave for, yet accommodation is one such thing that they worry about. You must know this that you no longer need to worry about it, as long as there are Dubai rentals. What is a better way to stay in Dubai, apart from using a convenient and a comfortable option of service apartments that are easily available through various websites.

Dubai's skyline is spectacular especially at night. If you want a condo Hollywood style then you can check out Dubai Marina. Sheikh Zayed Road of Dubai is one of the most posh districts in Dubai, you can opt for great apartments there. If you are a couple then you can even look for studio apartments, in International City's Spanish Precinct. What this provides you with is the spectacular view of the sea. Similarly each and every apartment is a piece of art because it is infused with all kinds of modern day amenities.

Dubai properties allow you to live in a clean and safe environment that provides of well-managed car park amongst many other things. Other complimentary services include, welcome service, which entails that your luggage is safely transported to your room. There is housekeeping available before your check-in and after your check-out. You even get bed linen and towel change once a week, this is to ensure saving our environment. Bathroom essentials like shower gel, shampoo and hand soap are made available. Fast and reliable internet connection is made accessible, completely free of charge within the apartment. Again simple yet mandatory services like, central air conditioning, electricity, gas and water are also accessible.

There are so many Dubai accommodation options available in the form of Dubai marina apartments, Burj Dubai and many other Dubai properties available for rent or for sale. Just make some search and choose your favorite Dubai property at your favorite place.

Monday 26 March 2012

Properties In Dubai: Buy or Not?


Never has there been such an ambitious and creative drive to establish a property market as has been witnessed in Dubai over the past three years. Running short on oil reserves, Dubai's crown prince, Sheikh Mohammed Al Marktoum, set out to turn Dubai into the financial, commercial and tourism capital of the Middle East and in the space of three years he has more than succeeded. The result has been the rise of Dubai as the world's most glamorous property investment market. Nothing in Dubai is understated. The tiny emirate, that only five years ago was nothing more than a simple fishing village has suddenly become the Manhattan of the Middle East.

Dubai's more exclusive developments are being snapped up the celebrity classes and the world's elite. Ageing English rocker, Rod Stewart is already the proud owner of Britain and villas along the Palm are being bought by sports stars, film stars and anybody with upwards of EUR1.5 million to spend on a private waterfront retreat.

For the property investor seeking a lucrative return, a new market is always a risky one and the fear is that the market may collapse soon after it has taken off!. With plenty of anecdotal evidence to suggest that property prices in Dubai are rising by as much as 60% in one year, it's tempting to rush straight in and grab a piece of the action. But the canny investors will have to consider if it is too much too fast.

The pace of the properties in Dubai make is a speculators dream. It's not unheard of for properties to have been transferred up to a dozen times even before the building is complete. Many opportunistic investors are booking 10 to 20 villas in new developments, selling them at significant profits before they have been completed.

Cashing in on this and perhaps in an effort to cool the market, builders are charging a fee of up to 7% each time a property is transferred and lending institutions are trying to keep some control on the market by agreeing to finance only the original sale price. In the secondary market, prices can exceed the original price by 10-70%, depending on the development's popularity.

In comparison to other new and emerging markets, such as those in Central and Eastern Europe, accommodation in Dubai appears to be a more attractive investment. Prices in the middle market are comparative to those in Eastern European cities such as Tallinn and Krakow. Unlike these countries Dubai has the sunshine factor and a glamorous edge, which is surely contributing to the high immigration from Europe, the Gulf Region and the Indian subcontinent. Over 100,000 extra people are expected to arrive in Dubai every year. Such large-scale immigration is sure to sustain the property rental markets.

Despite the current boom and huge immigration into Dubai cautious investors are raising understandable questions about the security of ownership in the UAE. UAE allows individual emirates to issue their own legislation to regulate ownership of real property. While Dubai is committed to encouraging overseas investment, they rule by decree and decisions can be changed overnight the whim of the current ruler. The government has promised that freehold would be granted in the near future. So, if you are a real estate lover then this will a great chance to make some profitable investment in Dubai Marina apartments, villas, Dubai homes or any other property.