Dubai is always famous for it’s tall building and extraordinary architecture. It has become the international hotspot for properties. In 2002, the city has made modification in the constitution and passes freehold law that allows everyone for the ownership of properties. There is no doubt that Dubai is the safest bet for making investment in properties. Following is the few examples of Dubai properties;

Palm Springs: It is the peak of inspirational livings, located on the Palm Jebel Ali’s crescent. Palm Springs offer water and continuous sea view. It is situated between the two high class hotels, boasts a wealth of superlative amenities. An exclusive and unique property in Jebel Ali, Palm Spring is apex of desire.

Lotus Height at Business Bay: It is situated in the heart of Business Bay. It is the active commercial and residential district of Dubai. This building consists of 64 storeys tower with around 20 floors of enthusiastic signature residence. It contains penthouse, 1, 2, and 3 bedroom apartments. Signature penthouse is the most luxurious and exclusive penthouse which is limited for few.

Park Tower: It is a two tower residential project which is situated in DIFC with freehold facility. Both the tower is 30 storeys high and provides around 400 exquisitely designed 1, 2, and 3 bedroom apartments. It offers the ultimate in exclusivity and comfort. These two towers provide you luxurious with comfortable apartment known for its contemporary architecture and styling.

Burjside Boulevard: It is the 36 storey manifestation, with 1 level committed to leisure and 3 level of podium. A life of good choice modified for the experts of contemporary living, this tower offers contemporarily wealthy one, two and three bedroom apartments with fully furnished facilities.

Real Estate Dubai offers wide variety of exclusive apartments, commercial buildings and hotel and many other properties. Dubai properties are always known for its excellent architecture.

Gulf Property Online is one of the leading website that provides all the necessary information about Dubai properties. If you want to buy property in Dubai, you can search on Gulf Property Online.

Dubai has come to be known as the Mini-America of today. The country has expanded with such greatness that people come in hoards for business and opportunity. This major city attracts visitors from all around the globe. One of the biggest benefits of coming to Dubai is the significantly low trade-in duties.

Four years ago, with the commencement of freehold status, people began buying up properties in Dubai. There was an extensive assortment of properties available for low costs. Now, to get the property that you want, you may have your work cut out for you, as it is quite difficult due to the intense competition. Properties in Dubai provide a greater return on your investment. The main reason is because property in Dubai is not subject to taxation.

Another advantage to purchasing property in Dubai is you will automatically acquire a visa to live in the city. The hottest Dubai properties are accessible to investors on all types of budgets. In Dubai, quality and excellence are at their highest.

The hottest Dubai properties are the cottages, public housings, offices and lodges. There are several properties currently available in Dubai. The hottest properties are found in cities like Palm Island, Dubailand, Dubai Marina and others. In coming years, the hottest properties in Dubai will be even hotter with the addition of affordable apartments.

There is fierce competition amongst commercial properties and hotels. As the city continues to expand, the same holds true for office space and apartments. It is becoming harder and harder to find reasonable rental space as the rate continues to rise for both commercial properties and apartments for rent.

The trend as of late seems to be to move to the inner cities like Ajman, where there are several properties available at low costs. People have begun to purchase properties in these remote areas with the hope that within the next five years it will become a part of the main city of Dubai. As a result, many commercial office spaces and buildings have been constructed in these areas.

Hotels are included as some of the hottest Dubai properties. Dubai offers a wide Array of services to visitors. Unsurpassed lifestyle and immense job opportunities are the biggest reason for the sudden real estate boom. Dubai is considered the most superb among the Middle East or Muslim countries.

Hottest properties also include the penthouses and bungalows of Dubai. The talented Dubai contractors have the expertise to build spectacular buildings with all of the amenities you will ever need.

You may be interested in purchasing a fully furnished apartment. Many of the residential buildings have gyms, shops and more that are easily accessible. It is hard to say which is the hottest property in Dubai. The city of Dubai is already strides ahead of the rest of the world, and being able to be a part of such historical advances provides investors with an unparalleled sense of pride and joy. People from all over the world are starting to dream of one day settling in Dubai.

Dubai is to have its Burj tower ready in 2008. This tower is going to be the tallest building of the world. Not only this, the hotels of Dubai give a tough competition to any other hotel chains in the world, they have excellent features that can easily pull the crowds of European sport stars to Americas hottest sensations. The only shortcoming in doing business in Paris, Las Vegas, New York or even London is that you have to pay exorbitant amount of money to do business. You will have to cough up costs like buying the land, interpreting foreign ownership and tax laws and other costs related to real estate investments. Here the recoverable value is maintained from that of building alone once the residence or the commercial complex is completed.
But there is a great option for real estate investors; Dubai in the United States Emirates is the new hub for investors. At Dubai you have easy access of airport, luxury entertainment a great landscape and all the amenities that a hotel with international standards and luxury residents would want. At Dubai there is no stopping of growth and lack of opportunities in the real estate market, just like when a market has exhausted its production capacity and has no more land or other factors of production. Then it starts its growth by expanding in to the sea, the factor does not stagnate it reaches up by expanding in to the sky. If there is a product that has demand, then the market has to supply that product. This product that is demanded thus contributes to the fiscal growth of the economy.

Dubai, the gateway to the Middle East, is growing exponentially. Also popular as mini Europe, the city is home to high skyscrapers, villas, beautiful apartments, luxury shopping malls, growing industrial sector, and other luxurious places. Dubai stands for living in the age of a wide variety of business activities, logistics center, and new developments. Due to the high growth of the infrastructure development, Dubai has been favored as the true paradise for enjoying the best living conditions in the world.

Real Estate Property in Dubai

According to the real estate reports, around 800 inhabitants settle down in Dubai every day. The data reveals that Dubai has becoming a center place among emirates in UAE. Living in Dubai means a person will be able to enjoy the cosmopolitan atmosphere, good living standards, and other facilities, making your life more comfortable and enjoyable. As a result, Dubai real estate market has touched new heights. In addition, there has been a constant rise in prices of property in Dubai.

Want to buy a desirable property in Dubai?

There are many resources through which a person can buy properties in desirable locations in the city. People who are looking for properties in Dubai can go through many online websites. Look for the real estate websites that cover every detail on real estate industry of Dubai and highlight relevant information on the same. Now, it has become really easy to find rental, and sell properties in Dubai. Interested buyers can browse different websites to compare price ranges in their preferred locations. People looking out for a business place can also get some good options.

Dubai Property is available in different forms including villas, apartments, office spaces and hotels. An interested buyer can get plenty of selections for real estate investment in Dubai. Buyers can get worthy investment opportunities in locations such as Palm Island, Business Bay, Dubai land, sports city and many other places.

There are many amazing and luxurious projects under construction and just finished in Dubai. For example, stunning twisting structures in the business bay district of Dubai. Originally known as the Dancing Towers, none of the three buildings (a 75-store office development; 65-store hotel; and 55-store residential building) – is exactly vertical.

Two of the towers translate sideways as they rise before straightening again at the top and joining together. Structurally, the two towers had to be treated as one as they rely on each other to stand up. Although they will be joined at the top, the two buildings require different services designs – one will be used as a hotel and the other as residential apartments.

Also Vision Tower is being built at the entrance of Dubai Business Bay, the free zone commercial and residential district in Dubai located on Sheikh Zayed Road next to Burj Dubai Downtown.

The 51-store skyscraper will be a freehold office tower with office spaces from 5,000 to 12,000 square feet, built on an area of 592,000 square feet (55,000 square meters). Vision Tower will rise 260 meters (853 feet) high covered with transparent glass, allowing clear view from in and outside. It will also have a bent transparent glass facade that will be made up of a wall of high-tech transparent glazing that will be internally lit to create a luminous beacon. The Vision Tower will house modern business centres and offices, affording its tenants easy accessibility as well as great visibility. It is ideally located at the main entrance of Business Bay, just off Sheikh Zayed road. Attracting the Middle East’s premier organisations, The Vision Tower will be amongst the most prestigious power offices in the region. The Vision Tower rises up over 230 meters into the blue sky of Dubai.

These projects are created because the city of Dubai is booming and opportunities are mushrooming everywhere. The city is giving birth to its new entrepreneurs and attracting more from the region and the far corners of the world. Locally incorporated businesses are expanding and growing phenomenally – all of which is creating a massive requirement for premium office space. This also can explain fast construction of Dubai property and growing demand for it.

It’s everything a business demands. The Vision Tower has just about everything modern visionaries expect. A vibrant and dynamic business community, easy access and great visibility both from the inside and the outside, uniquely designed office spaces, landmark architecture to complement the prestigious business address, state-of-the-art infrastructure and amenities and freehold office spaces offering the advantage of rental savings for other property in Dubai and sizeable value appreciation.

Next wonderful project in Dubai is The Villa, which is one of the most attractive and potentially prosperous residential real estate developments currently under construction in the immediate vicinity of Dubailand and one attracting serious international and Dubai property investor interest. Property investors buying into The Villa, which is one of the most luxurious and beautifully designed residential developments in Dubailand are buying into this continuous predicted period of growth. By purchasing their villa units now, off plan, property investors are getting in at the lowest prices possible and will see a return on their investment in this property in Dubai by the first completion stages of the residential development in 2007 – and will see an increased ROI throughout the completion stages of Dubailand.

Another project is Culture Village intended to be a world-class destination that mixes old-world pleasures and entertainment with a modern, sophisticated ambiance. This project is unique as it focuses on one of the most important pillars of civilization. Demand for Dubai Property will increase because of Culture Village, which will enhance the UAE’s position regionally and internationally in the field of culture and the arts.

Where to place and grow your money is not an easy thing to do. As with any other investments, the risks can be very high. In a jiffy, all your earnings will be gone if external and internal factors do not go well. However, your investment can rake in super profits with careful planning, lots of hard work, determination and passion.

There are many options to choose from when it comes to where you can invest your money. One lucrative industry however is real estate and surprisingly, Dubai is one of the top destinations for real estate.

While going around Dubai or even when you go online, the “Dubai Property for Sale” sign is already a common sight. This is mainly because Dubai is one of the fast-developing business areas. Buildings and establishments are built left and right.

Why is Dubai experiencing such a rising development and why is its real estate industry booming?

Aside from being a developed area, Dubai has been rated by Interpol as one of the safest countries to live in. In addition, Dubai is strategically located in the middle of Europe, Africa, Asia and the rest of the Middle East.

This prestige and image makes Dubai an increasingly famous tourist destination and business development area. As years pass by, Dubai has enjoyed a 16% growth rate in the tourism industry. In 2001, over 3.4 million tourists chose Dubai for their vacation and statistics reveal that this figure will bloat to 6 million in four years, with an estimated 200,000 visitors a day! The tourism industry is developing so fast that supply of hotels, condominiums and other facilities will take up to a decade to catch up with the demand.

A hot Dubai property for sale would have to be condo hotels. Condo hotels allow the owners to own a vacation house in Dubai and yet earn profits when it is not in use. The concept allows owners to have the units rented when unoccupied. With the increasing demand for hotels and lodging in Dubai, condo hotels are being built and sold and these are good investments. To put your mind more at ease, real estate market researches show that investors can very well expect a return of a minimum of 30% on their properties. Investors can expect a rapid turnover in their capital.

Another hot Dubai property for sale is office buildings. With its strategic location and booming economy, commercial buildings are being built especially in the center of the city. Some say that almost 1/3 of the world’s cranes are in Dubai for the construction of new buildings.

The economy of Dubai continues to grow and it is very well on its way to being one of the top commercial districts or business areas in the world. With more and more companies setting up offices in Dubai, rental or sale of office buildings is a very wise investment indeed.

Check the statistics. Check the real estate market. Then you may be convinced that investing in real estate in Dubai may be your ticket to wealth and financial security.

Overseas property is becoming an increasingly popular investment choice, but buying investment property abroad can be a real challenge. When it comes to buying in emerging markets the challenge can often be compounded due to a lack of available information. This article can help you to obtain the latest and correct information and advice that is needed when buying overseas property.

If you are looking to make some real estate investments you might want to look into purchasing Dubai property. However make sure that you do not make a decision that you’ll regret later. Many people make rushed decisions, not taking enough precautions or not investigating fully other alternatives, disadvantages or pitfalls.

Look carefully which advantages and disadvantages Dubai property investment has.

1. Advantages of Investment in Dubai Property:

• 365 days of sunshine a year.

• World Class Sporting Events.

• World’s only 7* Hotel.

• Dubai land.

• Regional base for multinational companies.

• More than US $50 Billion to be invested by 2010.

• Tax-Free Lifestyle.

• Duty Free Shopping.

• 15 Free-Zones.

• The supply of Dubai property is not keeping up with demand.

• Booming Dubai property market in this cosmopolitan city ensures Dubai is one of the most important real estate hubs in the world.

• Record low interest rates and dismal stock markets are goods news for realtors; the Dubai Government is behind the real estate boom, and has secondary motives such as attracting wealthy immigrants to the city. As a results villas and apartments are being sold very cheaply.

• One way to judge if real estate is cheap is to look at the yield or rental return. In this city a basic yield of 10% on residential Dubai property compares with a 6.5% local mortgage rate. In London 3% to 4% would be considered a good yield today so 10% implies a considerable under valuation of property.

Disadvantages:

· Geopolitical tensions in the region (important factor but look at the advantages above)

· Research reports are saying supply will catch with the demand soon like in 2010.

Based on assumptions and one of the assumptions that I don’t agree with is that supply demand curves are based on 2.5 people per flat and I think it should be +4 people in a flat. Many people can’t afford to stay without sharing especially new comers who start with low salary… Anyway which means demand will be equal to the supply much sooner than 2010 lets say by end of 2008 which means you have to adjust your rental expectations by as much as 20% more flats to rent less people to rent them only cheaper ones will go.

· Prices might correct a little bit anytime soon lets say by 20%max

· Severe weather conditions high salt content in groundwater sandy soil which makes most buildings require piles under foundations and they have a life span

· Many are afraid to cash in on Dubai property because they have watched real estate booms come and go in the United States and elsewhere, and the bubble always busts. However there is no indication that the bubble will bust and that Dubai property has been valued unfairly. The building of Dubai property is a priority of the emirates government, so the growing property values seem to have no limit.

After thorough research I can make conclusion that Dubai property has been and continues to be a hot topic among investors because there seems to be no limit as to what can be achieved from an architectural standpoint as well as how much one can profit from the real estate. Dubai and the UAE’s future is focused upon creating a business and tourism environment second to none which centers around incoming foreign investment from commercial institutions and individual investors.

Dubai, being a cultural and trading hub with no trade barriers, hosts an expansive job market for people of all fields of professions. Jobs in Dubai are open for all regardless of geographical boundaries, and applicants’ countries of origin and nationalities. The emirate’s strategic location has helped it attract an overwhelming response from world’s top businesses which now are cashing in on all the incredible trade opportunities Dubai has to offer. The continuous boom in business and trade has laid Dubai’s job market open wide for all with enhanced availability of jobs in Dubai. The last few years have seen a rapid surge in Dubai’s population which is gaining momentum with each passing year. It is estimated that each day up to 800 visas are issued to the new arrivals in Dubai. The emirate’s population, which till date counts 1.6 million, is most likely to touch the 3.5 million mark by the year 2010. And a substantial proportion of this population is made up of expatriates, most of whom plan to make their careers in Dubai and find suitable and well paying jobs in Dubai.

Although Dubai’s job market offers opportunities in all fields, the top business operations in Dubai are the ones that deal with trade, transportation, tourism, distribution, consulting and processing. The hot jobs in Dubai include hotel jobs, accounting jobs and banking jobs. Teaching jobs and sales & marketing jobs in Dubai also constitute a huge market. Construction jobs in Dubai have an even larger market and countless opportunities for the professionals in the field.

Before embarking on a career in Dubai, it’s wise to know the rudiments of employment in Dubai. Fortunately enough, employees in Dubai are well protected by the local labor law. The law covers employees’ complete worklife including working hours, medical care and other benefits, leave, termination rights, and not least, repatriation. There exist no labor unions in Dubai. Foreigners are inducted on contract basis the duration of which varies from business to business. The general rule for vacations allows 21 off days per year throughout the first five years of service, which afterwards becomes 30 off days per year. Normally, there are eight working hours per day or 48 per week. But for people working in hotels, retail trade or other similar organizations, the working hours can exceed to nine daily. The case for difficult or dangerous jobs is different for which workweeks are shorter.

As in most of other Muslim countries, Friday is the Sunday equivalent in Dubai, i.e. the day of rest. Two-shift system prevails in most of the establishments. Weekly working hours are different for Dubai’s government bodies and private companies with the latter working 40-45 hours a week i.e. 10-15 more working hours than the prior. However, in the holy month of Ramadan, working hours are reduced by about two hours a day. Traditionally in Dubai, the weekends have been Thursday afternoons and Fridays, but many businesses have now changed to a 2-day weekend with Friday and Saturday holidays.

So for those who are looking forward to getting a job in Dubai, the task is no difficult, and to one’s satisfaction, the local employment framework meets all the international standards.

Is it exciting or just a building site?

Contrary to some reports, Dubai is not just a building site with masses of cranes. You’ve probably heard this from someone that’s briefly visited Dubai, but it’s definitely wrong. Yes, there is an extensive building programme, which is ongoing, but local residents, UAE nationals and ex-pats alike just accept this as part of their daily lives and business.

Over the last 75 years, Dubai has transformed itself from a being a simple pearl-diving centre’ into a powerful international trading hub with impressive worldwide links and an ever changing ethnic identity. With a huge contingent of foreign manual workers from India, Bangladesh and Pakistan and service industry employees mostly from the Philippines, Middle East, Europe and Australasia, it’s not difficult to see why the changing population is increasing so rapidly.

Much of the Gulf region is experiencing extraordinary levels of growth, with the city of Dubai currently being at the fore-front. Although Dubai is intent on creating masses of future development projects for many years to come, it continues to provide the infrastructure to run in parallel. One of the newest development projects is the prestigious Tiger Woods Golf Complex Al Ruwaya, which is due to open in September 2009. (See more about Tiger Woods Dubai). In reality, the expansion of Dubai is generally geared to causing the minimum of disruption to business, services, residents and tourists as much as possible. Experts seem to agree that Dubai is a unique fusion of both the old and new, and is a leading inspiration for others to ensue.

Dubai Highlights – What it’s really like.

If you arrive late at night at Dubai Airport from, say a UK airport, getting through the Arrivals area could well be manic’ with waiting friends and relatives gathered around the main entrance in vast numbers. At least until your taxi finally gets you away. Book an overnight flight to arrive at breakfast-time and you’ll probably find it a very civilised experience and easy to spot those greeting you. First impressions usually count, and on the way to your chosen holiday accommodation or hotel, you’ll see lines of impressive glass panelled hotels and office blocks glistening in the sunshine. During spring and early summer you’re sure to pass some amazing floral gardens that border the interchanges along the Sheikh Zayed Road, their colours will astound you. In the heat of the Dubai desert, you’ll wonder how they can

Dubai is located in the north east of the United Arab Emirates and is the country’s principal commercial center, chief port and the capital of the state of Dubai. Dubai’s economy was built on the back of the oil industry, which developed rapidly after oil was first struck in the mid 1960s. Dubai has changed dramatically over the last three decades, becoming a major business center with a more dynamic and diversified economy. Dubai enjoys a strategic location and serves as the biggest re-exporting center in the Middle East. The city now has thriving manufacturing, finance, information technology, big choice of Dubai property and tourism sectors and is home to numerous multinational companies such as AT&T, General Motors, Heinz, IBM, Shell, and Sony.

The emirate of Dubai is strategically located between Africa and the Middle East and between the Far East and Europe, making it a gateway to over 1.5 billion consumers located in countries surrounding the Red Sea and the Gulf. It has a superb infrastructure with the consequence that it has become a key link in the global transport and distribution system.

The Dubai economy enjoys a competitive combination of cost, market and environmental advantages that create an ideal and attractive investment climate for local and expatriate businesses alike. In fact, these advantages not only rank Dubai as the Arabian Gulf’s leading multi-purpose business center with luxury Dubai property and regional hub city, but they place it at the forefront of the globe’s, dynamic and emerging market economies.

Dubai, with its ancient commercial and seafaring traditions, has long been recognized as the Middle East region’s leading trading hub and has emerged as its key re-export center. In more recent years, the Emirate has become a major venue for a number of growing, profitable industries and activities:

• Meetings, conferences, exhibitions

• Tourism

• Corporate regional headquarters

• Regional transport, distribution and logistics center

• Banking, finance and insurance

• Business and industrial consulting

• Real estate sector offering various property in Dubai

• Information and Communications Technology

• Light and medium manufacturing

The manufacturing sector in Dubai is very healthy with some of the most important industries including beverages, chemicals, paper, pharmaceuticals and rubber. All the major international accountancy firms have offices in Dubai and the city is also home to dozens of national and locally incorporated international banks. In March 2000, the UAE’s first stock exchange, the Dubai Financial Market was opened. The tourist industry is the fastest growing sector within Dubai’s economy. The number of tourists visiting Dubai has increased dramatically over the last 10 years and many of them make investments in Dubai property, especially with regards to visitors from Western Europe, and the government hopes to attract 10 million tourists a year by 2010. With this in mind, huge investment is being made to develop the city’s hotel, leisure and recreational infrastructure.

In Dubai there are no personal taxes other than import duties (mostly at rates up to 10%), a 5% residential tax assessed on rental value, and a 5% tax on hotel services and entertainment. Dubai’s enormous oil revenues mean that the government has no need to raise income through direct taxation. Accordingly Dubai is a “no tax” emirate characterized by an almost complete absence of taxation. There are no withholding or capital taxes. With the exception of banks and oil companies no corporate income tax is payable by businesses in Dubai. Oil companies pay up to 55% tax on UAE sourced taxable income whereas banks pay 20% tax on taxable income. The taxable income of banks is as per the audited financial statements whereas that of oil companies is as per the concession agreement. Oil companies also pay royalties on production.

After knowing this we can see that Dubai economy growth was very rapid and many factors show that it will grow even more in nearest future.