Looking For a Right Dubai Real Estate Agent
October 21, 2009 by admin
Filed under Restaurants
The luxury lifestyle that Dubai offers is ideal for the perceptive tourist, the city boasts over 30 five-star hotels, and has more hotel rooms than Miami Beach. A wealth of first class restaurants conjures up a world of tastes from around the world. In fact, the only problem you will have in terms of food is making your mind up what to select. From Japanese to Lebanese, the range of restaurants in Dubai is the best in the whole region.
If you are a shopping addicted then Dubai is a leading place in Middle East. Whether it’s refined boutiques or grand shopping malls or great value independent outlets, there is something for everyone. The vastly successful Dubai shopping festival now attracts more than 3 million visitors, while the Dubai Summer Surprises has been unleashing summers of fun and learning since the summer of 1998.
Dubai real estate agents are now offering commercial and residential accommodation both for purchase of leashing property on rental basis and freehold properties. Companies are based in Dubai with business extensions in Abu Dhabi and Ajman. Commercial freehold office space for buying within the very popular Business Bay Area is overseen by their commercial team of consultants, be it is the iconic Iris Bay, Opus, Gemini, One Business Bay, B2B Tower, The Binary, Churchill Executive, or any freehold office space to buy.
In Dubai, residential accommodation is offered by experienced real estate agents or sales consultants who specialize in the entire freehold areas, where it’s a freehold luxury villa, penthouse, apartment, or even a studio, in Arabian Ranches, Discovery Gardens, International City, Meadows, Springs, Garden Homes to Signature villas on Palm Jumeirah, and yet to be delivered on the secondary resale market Palm Jebel Ali.
Dubai is beautiful city to live! With luxurious amenities and affordable property price, Dubai becomes the hottest hub for buying property. If you are planning to buy properties in Dubai then you can find lots of Dubai real estate agents on the Web, who will help you to find luxurious and affordable property in Dubai.
Alpha Dubai is one of the renowned Dubai real estate agents that offer wide range of commercial and residential properties in Dubai at most competitive price in order to suit your requirement.
How To Buy A Property In Dubai
October 10, 2009 by admin
Filed under Restaurants
Dubai is already an incredibly popular tourist destination, and now the government is allowing overseas ownership of residential property there.
Dubai is a city that has to be seen to be believed. With government that uses lateral thinking when it comes to building new resorts or approving daring architecture, it’s a place of change, excitement and growth. Billions of dollars have been pumped into its buildings, shopping and leisure facilities, making it one of the most desirable locations on the planet.
If you’re looking for a property abroad with a difference, then Dubai is one of the first places you should look. It has a great climate all year round, although visitors are advised to go between November and April when the weather is at its coolest – the height of summer can be uncomfortable if you’re not used to it.
It’s not just the modern wonders of Dubai that attract attention. Ancient souks meander under the new glass towers and the remnants of trading in pearls and other goods contribute to the diverse culture and energy of Dubai.
Buying a property abroad can be daunting and Dubai is a long way to travel if you’re not sure about committing to a home there. But if you take the time to research the area, you will see that buying in Dubai may be a wise investment. Ongoing developments mean that you can buy off-plan in a number of locations, comparing the pools, spas and restaurants at each complex before you decide.
It’s also worthwhile talking to a specialist estate agent for properties in Dubai, as they can give you the best idea of what to expect, how much to pay and how the buying process works. HolidayHomeNow has a range of properties available in Dubai, and our experts are happy to answer any questions you might have.
Why Dubai propety market is booming
October 1, 2009 by admin
Filed under Tourists Attractions
Dubai is currently one of the top of the list for fastest growing cities worldwide and has a real estate market others are highly envious of. As a result everyday new apartments, villas and luxury bungalows are entered onto the market. Dubai is a free tax haven, which has lead to many investors taking advantage of the huge capital gains to be made in property investments. An investor can expect to make around 30 percent returns on their investment. Dubai has a solid and stable real estate market.
The huge returns being made from Dubai property investments has pushed the prices up for locals and expatriates wishing to either buy commercial or private property worry about being able to afford to live in Dubai the mortgage repayments are often significantly higher than rental payments. Due to high demand and rapid growth particularly in apartment and seaside dwellings building costs have skyrocketed. Some market experts predict a slump or a correction to prices by a reverse trend sometime in the near future. To date however there appears to be no slowing down and demand way out exceeds supply. The fast profits being made have lead to a worldwide awareness and a rush to invest and as a result there have also been dubious realtors and scams being conducted.
If you are considering buying commercial properties in Dubai then it is prudent to do your research first. You cannot expect to just jump off a plane and find yourself a profitable short-term investment. Foreigners in particular need to be wary and get sound advice before even considering a purchase. As an investor you cannot apply other market results to expectations of returns. To avoid being scammed or sold over priced properties then you really need to spend some time having a trusted person look over any prospective deals and comparing them to others in different regions. Never buy a property unseen.
Dubai’s government opened up shop for those of any nationality in may of 2002 this lead to an overnight boom in the real estate market there is however no guarantee that this will remain the status quo. Dubai investment bank, Emirates Financial Services (EFS) has launched a $20.4 million (Dh75 million) real estate fund that will invest in profitable short-term opportunities in the UAE’s surging property sector. EFS, a unit of Emirates Bank International, said the UAE Real Estate Arbitrage and Trading Fund is managed by a unit of Investment Boutique, a partner of Better Homes, the largest estate agency in the UAE.
Dubai as mentioned earlier has a tax free law which means that no taxes are imposed on people who want to venture into Dubai real estate. There are currently many Dubai real estate and property projects which are coming up in various locations in the city like The Walk, Jumeriah beach residence, Business bay, The Executive Towers, The Villa, and Bay Avenue. Dubai sure is the ideal place to invest in real estate and you will find different types of apartments ranging from studio, to three bedroom apartments, villas and luxury homes being built and put up on sale.
Dubai & Abu Dhabi Look Forward to Booming Real Estate
July 5, 2009 by admin
Filed under Tourists Attractions
The property market market in the United Arab Emirates, one of the hottest in the world, is set to continue until 2015 and beyond, according to new reports. Real estate and construction markets in the UAE are primarily focused on Dubai, which has been booming for several years, and the newer market of Abu Dhabi.
Two recent studies by HSBC and Damac Capital International of Dubai both indicate that supply will not catch up to demand for a number of years, keeping the markets strong.
Traditionally the most popular locations with second-home buyers and British investors are Spain and France but Dubai is beginning to rival them. Dubai investment property is attractive due to its tax-free status, excellent facilities and low crime rate.
International investors buying property in Dubai need to concentrate their search for properties in Dubai to the many Freehold Areas in Dubai.
Properties that are suitable for foreign buyers include the following freehold zones: Dubai Sports City , Dubai Marina , I.M.P.Z. International Media Production Zone , Jumeirah Village , The Palm Jumeirah, Shaikh Zayed Road, International City, The Lagoons, Palm Deira, Jebel Ali Airport, Emirates Road, Dubai Land ,Business Bay ,Downtown Dubai and much more
Recently Dubai developers have had to comply with a new piece of legislation Law No 8. This makes escrow accounts compulsory for all Dubai off-plan developments, with money released only on the order of the Dubai Land Department. This move marks an end to the days when any developer could launch a project and collect deposits without a guarantee that the funds would be used correctly. Many pundits feel that this could slow the Dubai market but increase confidence with investors
Middle East online news website Gulfnews.com reports that Dubai will continue to be a strong real estate market, while Abu Dhabi is set to take off. Rental yields in Abu Dhabi are expected to be in excess of 7% until at least 2013 and perhaps beyond.
According to Damac Capital’s analysts Hany Seif and Pamela Chikhani, Dubai will remain a major Gulf real estate market for years to come. By some estimates, over the next 10 years both local and international real estate investors will pump in almost $300 billion into Dubai’s real estate developments. According to HSBC’s real estate analysts, Walid Khalfallah and Majid Azza, Abu Dhabi is becoming a major regional real estate market. “The Abu Dhabi story is gaining credibility. After a slow start to the year, sales activity has picked up in the second half of 2007. The market remains extremely tight, with stronger-than-expected growth in rents [22 per cent] and prices [18 per cent],” they said in a recent report.
Abu Dhabi does not have the liberal international property laws that neighboring Dubai has yet, but things are improving there. The office market is particularly strong and vacancy rates are below 1%. With increased deregulation, Abu Dhabi will continue to gain ground on its more prominent neighbor. Both should see strong growth in the coming years.
Dubai- Lucrative Destination for Home Buyers
June 17, 2009 by admin
Filed under Tourists Attractions
sion to transform Dubai into a cosmopolitan, liberal city, Sheikh Mohammed bin Rashid Al Maktoum conceived the idea of making Dubai a hub of international communities. Today, real estate and tourism industry happened to bone of the major revenue generating sources of the country with a lion’s share from overseas institutional and individual investors.
For quite a span of years, properties in Dubai have attracted overseas investment across countries. Prior to the year 2002, foreign investment had been restricted in the city. Then the government legalized foreign ownership of Dubai properties in selected areas of the city. Today, liberalized investment policy has made the city a lucrative option for overseas investors. And, the city has morphed from a fishing village to a large cosmopolitan city with diversified foreign investments. Investment in Dubai properties has numerous advantages over others. Industry experts predict that the properties market is expected to get a boost in coming years as the population will increase to a significant extent. Moreover, buying property in Dubai relieves you of paying any tax on capital gain or income tax.
Finances are available from local banks, usually on a term of fifteen years and an interest rate ranging from six to eight percent. Brokers and agents are available who would help you hot the rights deal in the market.
Dubai has been one of the covetous destinations for tourists and home buyers. The city offers topical climate along with numerous city highlights. So whether it is about buying your new home, or office space or holiday resort, Dubai has everything to offer. Whether it is about buying Skyscraper, Villa, or even beach side home, you are catered with numerous options to buy anything and everything you want to. Dubai has wide range of choice to cater to the lifestyle preference of every individual. What’s more, the city offers several kinds of residential units to suit diverse taste of individual buyers. Most apartments are festooned with facilities like Retail outlets, sports club, medical houses, restaurants and hotels so also pamper the inmates with every amenity they can look for.
