Is it the good time to invest in Dubai real estate?

March 30, 2010 by admin  
Filed under Tourists Attractions

Dubai is one of the popular, famous and second largest cities in the seven Emirates of the United Arab Emirates. The city of Dubai has transformed itself from a small fishing village to a dynamic and ambitious cosmopolitan city and an ideal state for investment. Owing to the complete exemption of tax all traders in and around the world prefer to enjoy the unique benefits which are offered for their investments in a property here.

Investors go in for investment in a property in Dubai even before the beginning of construction. Dubai is focusing its attention on trade and tourism. The government of Dubai allowed foreign nationals to go in for investment or own a property in Dubai since 2002. Since the population in Dubai is on constant rise the need for residential property and living space has increased steeply. Jumeriah has been developed in to a luxurious residential center owing to the existence of internet and media city. Dubai Marina Jumeriah and the Palm Jumeriah are some of the few areas which are exclusive and luxurious and good investment opportunities.

Wide and exclusive ranges of investment property are available in Dubai city. The investment in property scene in Dubai is witnessing drastic changes and developments. Non – GCC citizens are entitled to investments in a freehold property in several areas. Investors prefer to buy or sell an investment property owing to the high value of appreciation. If one is looking to invest in a property in Dubai, then there are the apartments, studios, villas and independent homes. Minimum of thirty percent returns is assured from investing in a property in Dubai.

Some important upcoming projects in Dubai which are ideal for investments are currently progressing in the locations like Business Bay Executive towers Bay Avenue and the Walk. Investors prefer to go in for investment in a commercial property, as there is an acute demand and shortage. Dubai Financial center and Business Bay have certain plans to meet the growing demand for the commercial property and these are also lucrative investment opportunities.

Investment in Dubai Real Estate genuinely provides satisfaction to the buyers. Mortgage companies in Dubai offer a variety of investment plans which prove to be beneficial to the investors. Investment in a freehold property in Dubai means that the owner is entitled to hold the property under his or her name until death. The owner is also eligible to sell or lease out the investment property according to his or her discretion. The lists of properties for investment Dubai which are available for sale are listed on various web sites.

Emaar properties were the first real estate company to involve themselves in the business of a freehold property. Burj Dubai Golf Towers and Dubai marina are some of the freehold properties which are good investment options and are available for sale. Al Nakheel property is another real estate company which belongs to the government. It is one among the leading real estate company in the city and offers good investment ideas to prospective clients wanting to purchase a property.

Freehold Property Investment in Dubai

March 24, 2010 by admin  
Filed under Hotels

In 2002 Dubai made modifications to its constitution and passed the freehold law that allows for the freehold ownership of real estate in Dubai by any foreigner. And ever since then Dubai has become an international hotspot for property and the demand for real estate has exceeded the supply. Having said that there is doubt that at present Dubai is probably the safest bet for making overseas property investments.

Dubai has always been known for extraordinary architectural developments and breathtaking designs, and one such example of architectural intelligence is world’s only 7-star hotel situated in Dubai. Demand for property in Dubai is so intense that property prices have seen considerable appreciation in the last two or three years.

Why the Real Estate Market in Dubai is Heating up?

You must be wondering what caused this sudden rush for property investments in Dubai. The main reason behind this sudden increase in demand for real estate in Dubai is the fact that property laws in Dubai allow freehold ownership of land by any foreigner. Property owners can sell or rent out the property whenever they want. Ownership of freehold property also entitles the owner to a 3 year renewable residence visa. But this law applies to only a certain designated areas in Dubai. And the other big reason for this surge in real estate market in Dubai is the fact that no taxes are applied on income or property transactions in Dubai.

The other reason that can be seen as the driving force behind the real estate market in Dubai is the presence of a huge number of multinational companies. And these multinational companies have created a lot of jobs in Dubai; therefore the people working with these MNCs are either opting for rented accommodation or buying their own houses. This has considerably increased the demand for both the rented and owned property and which in turn has increased both the property prices and monthly rentals. Also property investment in Dubai is very simple and requires minimal paperwork, and sales agreement is all that you need to buy property in Dubai.

One of the most popular property developments in Dubai is Damac Heights; the 90-storey splendor designed by top designer house ‘Aedas’. Overlooking the Palm Jumeirah, this 8th man-made wonder offers the most exclusive penthouses, duplexes, 3, 2 and 1 bedroom apartments in the world.

Damac Properties are the largest private master developers in the Middle East offering the most exclusive Dubai Real Estate, Dubai Freehold Property and Dubai Investment Property for sale.

Dubai Waterfront – A Dubai Property Development Guide

March 20, 2010 by admin  
Filed under Hotels

Described as “The world’s largest waterfront development in the world’s fastest growing city”, Dubai Waterfront is an extraordinary offering on an inconceivable scale.

– Dubai Waterfront: The Dream

Slated to be larger than Manhattan and offering investors over 250 master-planned communities, Dubai Waterfront comprises of a conglomeration of islands and canals studded with luxury homes and hotels. This unprecedented property development will transform 1.4 billion square feet of barren desert into an international community of an estimated 1.5 million people. It is an ambitious project by all means, and one that will extend the Dubai coastline by an astounding 800kms, which by itself is 12 times the length of the existing Dubai coastline.

The sheer scale of this property development has already earned it a place in history as the largest man-made property development in the world.

Dubai Waterfront is the successful outcome of two years of stringent feasibility studies and meticulous work sessions by a consortium of world-renowned engineers, architects, consultants, planners and urban developers.

– Dubai Waterfront: The Master Plan

The Dubai Waterfront is designed as a series of ten mixed-use zones, each of which is designated for a different purpose ranging from commercial and retail space to schools and residential as well as recreational areas. It will consist of 10 kms of canal, 7.5 miles or 12 kilometers of natural beachfront and a 2 km wide harbor.

This colossal property development will encompass a new city center, anchored by Al Burj, one of the world’s tallest skyscrapers; exclusive luxury hotels and resorts; an underwater hotel, Hydropolis, and a wide Array of shopping centers, cultural arenas and entertainment venues.

Besides the high-end residential and business properties, the development will also offer a wide range of affordable housing options and a variety of accommodation for Dubai’s working community. All of these come complete with a whole range of state-of-the-art amenities and services.

Additionally, the Waterfront project is also committed to setting up 5 square kilometers of coral reef and constructing multiple waterways and roads.

– Dubai Waterfront: Minimizing Ecological impact

Minimizing ecological impact is of prime concern and this can be seen in every detail of the city’s construction, design and operation. Resource efficiency combined with social equity and economic prosperity are the foundation upon which the Waterfront has been designed.

Water and energy conservation goals have been achieved through a nifty integration of utilities in specially designed dedicated utility centers where the various process streams are interconnected and waste is converted into energy, which then powers the city.

– Dubai Waterfront: The Location

Located on the western shores of Dubai, with the commercial hub of Dubai to its east and Abu Dhabi to its west, Waterfront is in close proximity to prime international commercial and industrial hubs, the Jebel Ali Free Zone, World Central airport and Jebel Ali Port. Its strategic location makes it easily accessible for local, regional and international trade purposes.

– Dubai Waterfront: The Future

Right now just a vacant beachfront strewn with cranes, but when it is complete Dubai Waterfront will be a self-contained, self-sufficient community that is larger than Manhattan and capable of housing 700,000 people.

Will it, like other property developments in Dubai, be visible from space? It promises to be. One thing is for sure, the Dubai Waterfront property development is destined to claim a place among the other famous landmarks of the world.

Real Estate In Dubai – Part 2

March 16, 2010 by admin  
Filed under Tourists Attractions

Dubai and Dubai Property

Of the many major areas of the world, there is something unique about the Emirate of Dubai and about Dubai property. An area of outstanding natural beauty intertwined with the most modern of architecture and buildings, and steeped in the most historical of traditions. The Emirate of Dubai is part of the United Arab Emirates and is seen by many as the doorway between East and West, an area where there are so many contrasts and contradictions, and where land and Dubai property is cheaper than many areas of London.

Having established itself as the trading capital of the area, Dubai has recently been branching out into tourism and is attracting a great deal of interest from the more technology based blue chip companies of the world. The city has so much to offer that it is difficult to know where to begin, with deserts surrounding the outskirts of the great city, to the mountains in the east, yet the central area is awash with the most up to date hospitals, schools and office buildings you could ever wish to see. This is an area where the ultra rich are only a stones throw from desperate poverty, where the most traditional of Islam cultures mix with the western world.

The city offers a corridor to the Indian subcontinent and access to a population of over 1 billion people, in a land which is crying out for investment and assistance. For many years there has been a constant flow of development, with oil money being a major supporter of the area. The recent rise in the oil price has released yet further capital and demand for property has remained consistently high. While property prices remain so competitive compared to the rest of the world, the strategic position of Dubai ensures that yet more foreign investment will pour into the city in due course.

Property in Dubai

Unlike many areas in the region the government of Dubai continue to act with, as oppose to against, the mountain of private foreign capital flowing into the state and directly into property in Dubai. This has resulted in many changes to local Dubai laws, many of which were designed to restrict foreign investment, and foreign ownership of property in Dubai. The government decided some years ago to abolish personal, corporate and sales taxes which is a major attraction to foreign investors, and foreign workers. This resulted in a mass of British specialists moving to the area for employment, hence a large presence of ex-patriots.

This in turn caused a boom in the Dubai property market, which had already been buoyant for some time. The boom was further encouraged by some of the most state- of-the-art infrastructure and facilities spread across the mass that is Dubai. For many they are experiencing a standard of living unsurpassed anywhere else in the world, a place where money is free flowing and employment opportunities are many.

Using the most modern of engineering and design techniques available, great swathes of the surrounding desert have been reclaimed and some of the World’s highest skyscrapers surround the outskirts of the city. There has been particular interest in property in Dubai from British expatriates, Saudi Arabians and Indians, which has ensured a level of interest unrivalled anywhere in the world.

In contrast to the surrounding states and countries, Dubai has one of the most stable of political and economic environments, in an area often blighted by conflict and controversy. This has encouraged more investors into the area, although the possibility of obtaining a valuable 10 – 15 year visa when purchasing a property is a further attraction. The great western tradition of mortgage finance has also entered the Dubai way of life, with 10 – 15 year mortgages now readily available.

The current stability of Dubai is further strengthened by close links with the US, in fact the Dubai currency is linked to US interest rates which have been at record low levels for some time. The above factors all come together to paint a very rosy picture for the area, and property prices are set to move further ahead for the foreseeable future.

Dubai Investment Property

While the city of Dubai is awash with some of the richest individuals and corporations in the world, the price of Dubai Investment property has remained surprisingly low. Compared to investment property prices in areas such as London, Dubai offers great value for money with investment property, as the main city continues to grow and grow. The infrastructure of the area leaves many other major cities of the world in its wake, with new developments and transport links appearing on a regular basis. With the Dubai government willing to invest so much of the local money in to services and infrastructure it is not surprising to see overseas investors follow suit into the Dubai investment property market.

The tax laws in Dubai are in stark contrast to the major cities of the world, with no local, corporate of sales tax. This has encouraged some of the highest standard skilled workers to the area, which has attracted yet more foreign companies to set up. The growth in the tourism industry of Dubai has been phenomenal with the 3.4 million visitors in 2001 expected to rise to over 6 million in 2010 – from a standing start the area is becoming a magnet for overseas visitors.

The current rate of return on property investments is in the region of 10 – 15 percent per annum, with this rate expected to continue for the foreseeable future, and rental yields in excess of 10% are further evidence of strength in the property market.

The Future for Dubai properties

Dubai is a city which continues to embrace some of the traditional values of the west, while retaining the fundamentals of an Islamic state, which has helped integrate the various groups of the Dubai society. Strong links with the US have proved useful in the past in times of potential conflict, which is another attraction for investors to purchase Dubai properties.

As the economy continues to prosper, and the unique tax laws continue to attract the best of the skilled worker from around the world, the demand for property and further investment in the area is assured. Dubai is a fairly unique situation which while expanding aggressively, still manages to retain a property supply and demand ratio in favour of demand, thus ensuring a buoyant market for Dubai properties.

A growing economy, low interest rates and a stable government offer the perfect scenario for further economic growth. Dubai is a truly unique area of the World, which continues to prosper.

Dubai, Um Pólo De Business E Oportunidades De Trabalho

March 12, 2010 by admin  
Filed under Hotels

Esta semana estou em Dubai. Estou impressionada com a futura Nova York da República Árabe, é lindo ver como um regente ama seu povo, seu país e suas origens.

 

Além da abertura para diversas nações (população atual de 1.4 milhões de pessoas, sendo que 80% destas são de estrangeiros), todos empregados, com enormes chances de crescimento profissional e criminalidade zero.

 

Vê-se no rosto das pessoas a alegria de viver em um lugar onde é respeitada sua origem (não importando de qual país), sua religião, sua liberdade de pensamento e ações (lógico se houver muita ética e profissionalismo) sentindo-se que faz parte de algo que é e será muito… muito maior futuramente, enfim, tendo a certeza de sua participação na construção de algo tão grandioso.

 

A Família Regente em Dubai

 

O Governante e Presidente de United States of Emirates (UAE) era Vossa Alteza Sheikh Khalifa Bin Zayed Al Nahyan, falecido em 2004.

 

Passando então a ser o atual governante de Dubai Vossa Alteza Sheikh Mohammed Bin Rashid Al Moktoum que é também Vice-Presidente e Primeiro Ministro de UAE, o mais empreendedor da família Al Moktown, também conhecido internacionalmente como o mais renomado, carismático e ambicioso líder da atualidade, além de apaixonado por cavalos.

 

Outro membro da família é o Sheikh Ahmed Bin Saeed Al Maktown, proprietário da Emirates Airlines.

 

A língua oficial é o Árabe, mas percebe-se pela diversidade de nações, que mesmo os árabes conversam entre si em Inglês. Provavelmente em um futuro breve a língua oficial do país torne-se o Inglês.

 

Para onde formos a Dubai, todos conversam em inglês, fazendo-nos sentir realmente em uma promissora Nova York.

 

Rapidamente consegue-se estabelecer um excelente business em Dubai, em um único dia consegui efetivar dois excelentes negócios, promissores para Dubai e principalmente para o Brasil.

 

Dubai necessita de profissionais que falem outras línguas, principalmente o português e Espanhol, devido ao crescimento constante de turistas que lá vão visitar. Por intermédio desta negociação, consegui empregar por lá cinco profissionais brasileiros.

 

O estilo de vida é elevado, as pessoas vivem bem, comem bem, vestem-se bem e principalmente prospectam grande alavancagem em suas carreiras profissionais através da internacionalização e falta de mão-de-obra especializada (problema atual enfrentado em todos os países do mundo).

 

Pensei que fosse encontrar muitos brasileiros por aqui, mas encontrei somente um comissário de bordo vindo de Jundiaí – São Paulo.

 

Dubai possui hoje o maior aeroporto do mundo, é o maior e mais belo aeroporto e shopping já vistos, para se chegar até o portão de embarque levam-se muito tempo caminhando ou se preferir indo pelas imensas esteiras rolantes existentes lá. Há um grande apelo comercial, não há sequer um ser humano que resista a não comprar naquele sofisticado aeroporto-shopping. Passaram por lá em 2007 cerca de 34.4 milhões de passageiros. Hoje o aeroporto tem capacidade para 70 milhões de passageiros por ano, mas o Sheikh Rashid irá aumentar esta capacidade.

 

Conforme uma agência de turismo de lá, há uma prospecção futura de Dubai receber diariamente 10 milhões de turistas, para isso estão trabalhando dia e noite em novas faraônicas e exóticas construções para atrair este público mundial seleto.

 

Dubai World Central (DWC) – O Futuro

 

O DWC, também conhecido como Al Maktoum Internacional, um projeto futuro que requisitará o desenvolvimento de 2050 representantes turísticos, comercial e logístico na história dos United Arab Emirates.

 

O DWC será uma cidade dentro de outra cidade, composto por:

 

1. Dubai World Center International Airport (JXB);

2. Dubai Logistics City (DLC);

3. DWC Commercial City com 850 prédios comerciais e 25 maiores hotéis de luxo do ranking mundial;

4. DWC Residential City com ;

5. DWC Aviation City; e

6. DWC Golf City.

 

Percebe-se claramente que 50% de Dubai ainda está em plena construção (exuberantes edifícios e shoppings jamais visto em outra parte do mundo), sem falarmos dos projetos futuros de inúmeras outras construções inigualáveis.

 

Um almoço ou jantar no famoso Burj Al Arab (o mais famoso hotel do mundo pela construção ornamentada em ouro), é a experiência mais inesquecível que um ser humano possa imaginar. Um tratamento Vip, com os mais diversos e caros pratos da gastronomia mundial. Faz-nos sentir em Hollywood e como tal verdadeiros atores em sua noite de premiação do Oscar. Desde a chegada em limusines, a recepção e a saída deste cinematográfico hotel é uma vivência única na vida de um ser humano.

 

Não irei me estender, pois a finalidade deste artigo é informar ao mundo brasileiro de business que venham à Dubai. Até hoje em minhas “andanças” pelo mundo não conheci mercado mais promissor e melhor abertura para estabelecimento de vários nichos de mercado.

 

Aos jovens brasileiros com pouca expectativa de crescimento em suas carreiras profissionais logo após a formação em universidades brasileiras, eis ai a maior dica que poderei lhes passar (como educadora que sou). Dubai está com todas as portas abertas para o mundo, se você quer crescer, tem espírito empreendedor e possui coragem de “deixar” o convívio familiar brasileiro, chegou a sua hora e não deixe escapar esta oportunidade.

 

“A vida nos dá poucas oportunidades de abrirmos portas, nós temos que ter coragem para derrubá-las nem que seja “dando” um pontapé em nossas costumeiras: acomodação, culpar nossos governantes pela nossa incapacidade de lutar pelo que queremos, nossos pais e lares muitas vezes aconchegantes e seguros, familiares protetores e pelos empresários que esperamos que um dia nos dê emprego e remuneração condizentes com nossas capacidades”.

 

Pense nisso!!!!

Wild Discovery Exhibiting at the Dubai Atm 2007!

March 9, 2010 by admin  
Filed under Tourists Attractions

For the second time in a row, Wild Discovery Tourism and Holidays LLC was an exhibitor at the 2007 Dubai Arabian Travel Market, the world’s biggest Middle East specific ravel trade exhibition. The Lebanese Tour Operator promoted its growing network of travel agencies in Beirut, Damascus and Dubai, all offering inbound and outbound operations. As this year celebrates its ten-year anniversary, Wild Discovery would also like to announce the launching of its new summer 2007 holiday brochure, offering a great and vast selection of travel packages worldwide.

For the second time in a row, Wild Discovery Tourism and Holidays LLC was an exhibitor at the 2007 Dubai Arabian Travel Market, the world’s biggest Middle East specific ravel trade exhibition. The Lebanese Tour Operator promoted its growing network of travel agencies in Beirut, Damascus and Dubai, all offering inbound and outbound operations. As this year celebrates its ten-year anniversary, Wild Discovery would also like to announce the launching of its new summer 2007 holiday brochure, offering a great and vast selection of travel packages worldwide.

www.wilddiscovery.com.lb

www.wilddiscoverysyria.com

www.wilddiscovery.ae