Property Investment in Dubai
December 19, 2009 by admin
Filed under Tourists Attractions
Dubai- “PEARL OF THE GULF” – is one of the most forward thinking and open places in the entire Middle East. Dubai Investment property sector hugely encourages foreign investors and immigrants. With its lavish developments and sounds ready for anyone to indulge them in, Dubai investment property is certainly looking out for provides a vibrant cosmopolitan environment that fosters growth and appalling capital gains.
The current population of Dubai is 1.5 million (2007) and tourism figures is 5 million. There is no corporate tax; no income tax; no capital gains tax; no foreign exchange controls, trade barriers or quotas; and no restriction on capital repatriation. Consequently it is estimated that by 2012, the population will grow to 12 million and the number of tourists visiting Dubai will be in excess of 5 million. Modest predictions for capital growth are 15% per annum, but we have seen value appreciations in excess of this. Residential yields are coming in at 15% per year also, while commercial rental income is in excess of 20%. So underlying data is sound enough to produce high returns from property investment in Dubai which is safe place for investment; having a good trend of capital gains at the time.
Dubai looks set to increase in both financial clout and influence in coming years, and the forward-thinking nature of the emirate is testament to the success it has. With many specific free zones already set up for Dubai property investment Dubai Internet City and Dubai Media City, Emirates Hill, Sports City, for example, and more planned, things are certainly looking up. Many major worldwide companies have headquarters in the emirate, including Microsoft and IBM, this alone should convince anyone that the region has some solid economic ground to stand on. Dubai property investment is big business in the region, and prices are currently surprisingly low. Now is the time to invest in property in Dubai and those that can afford it really should look into it, Dubai is essentially a purpose-built playground for the rich, and home to the fastest growing city in the world.
More and more people are adding Dubai investment properties to their property portfolios and historically these purchases have provided excellent returns for many people in many countries. This interest in Dubai property investment has been partly fuelled in recent years by capital growth, high residential yield, excess in commercial rental income, and the increasing scope and affordability of international travel. Just invest and then sit back and watch the value of your investment grow!
Dubai Apartment
Dubai is set to deliver over residential apartment 60 towers in the next 12 months. Many wonder how a city of can absorb this type of space.
Although it seems like a large amount of space to absorb one must look closer at the existing demand requirements and undersupply.
Renting Dubai Apartments freehold locations have been primarily delivered in Dubai Marina and the Greens. The Jumeirah Beach Residence(JBR) is the major deliveries expected at the end of 2006 as it represents 36 towers.
Handovers of Jumeirah lake Towers with almost 40 residential towers will start in mid 2007 and complete by mid 2008. Much of the Burj Downtown and Business Bay deliveries will start in late 2007.
Dubai Apartments range from studios to Penthouses. Dubai Apartments include some of the best sea view facing apartments with views of Burj Al Arab and Palm Jumeirah. Many of Dubai Apartments are fully serviced hotel apartments with all the hotel amenities. Dubai Marina apartments are primarily situated next to the business hubs of Dubai Internet City, Dubai Media City.
As we are set to witness one of the biggest city transitions over the next few years as the skyline of Dubai changes rapidly we will all look forward with great anticipation.
A Selection of Luxurious Property in Dubai & Dubai Real Estate
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Nomoreotels.co.uk is an intellectual and historical stain on the seaside in Cyprus. It is not now a well-liked tourist objective; it is as well one of the world’s treasures. If you are appearing for property for sale in Dubai then don’t just seem to be around the city itself, look at the immediate areas and you will be shocked at what’s on suggest. Dubai Real Estate presently does not catch any more gorgeous than can be create something like here.
Dubai – Jumeirah Beach Residence
Jumeirah Beach Residence opens up a world of luxury and comfort for you and your family. This unique property is located in the heart of new Dubai Real Estate, easily accessible from Dubai International Airport and the other Emirates. Jumeirah Beach Residence also boasts an interesting neighbourhood – one that includes luxury hotels, The Emirates Golf Club, Dubai Media City, Dubai Internet City and the American University of Dubai.
Dubai – Marina Diamond
The Dubai Marina ‘a city within a city’ is one of the most exquisite locations in the Middle East. The natural scenic view of the marina conveys is absolute serenity. Marina Diamond is a sparking new addition to Dubai’s luxury apartments. Set within the affluent Jumeirah local
Damac is the largest private Property developer in Dubai with over AED 15 Billion worth of projects under development. It is the name behind some of the highest quailty residential and commercial projects in Dubai, with over 52 towers across key master plan developments in Dubai, Abu Dhabi, Qatar, Amman, Beirut and many more to come.
Damac delivers the latst concepts of state-of-the-art living. Driven by a passion for exceliance, it is one of the UAE’S leading providers of waterfront luxury projects, as well as the name behind some of the most acclaimed residential and commercial developments in the Dubai.
There is currently, a huge diversity of Properties available in Dubai Real Estate.
Emirates Gardens is located in Jumeirah Village South. A new freehold residential development centrally located near Dubai Media City, Dubai Internet City and Jebel Ali Freezone. The location is central yet so serene. A warm, friendly, peaceful and secure neighbourhood, with everything residents need to feel right at home. A self-sustained, diverse community where every need and every joy is well within reach.
Emirates Garden at Jumeirah Village South, Dubai consists of freehold luxury studio, one and two bedroom apartments. With eye-catching exteriors, stylish interiors, numerous modern amenities, high quality construction and delightfully low on investment, Emirates Gardens fulfills your dream of owning a home in the most exciting city of the world- Dubai!
The location is central yet so serene, a friendly, peaceful and secure neighborhood to make rsidents feel right at home, with every need and joy within easy reach.
Luscious landscaping, sparkling water views provide a backdrop for these spacious luxury apartments. Emirates Gardens has expansive open spaces and unsurpassed recreation facilities, including maritime activities.
The beautiful development is a delightful combination of 3 buildings, Gardenia, Lavender and Rose, each ground plus four storeys, exquisitely punctuating the landscape with refined style and elegance. All the buildings have retail outlets & restaurants on ground level alongside the street.Luscious landscaping, sparkling water views provide a backdrop for these spacious luxury apartments. Emirates Gardens has expansive open spaces and unsurpassed recreation facilities, including maritime activities.
The beautiful development is a delightful combination of 3 buildings, Gardenia, Lavender and Rose, each ground plus four storeys, exquisitely punctuating the landscape with refined style and elegance. All the buildings have retail outlets & restaurants on ground level alongside the street.
