Dubai property comes in many forms so it doesn’t matter what sort of real estate investment you are looking for. There are hotels, motels, villas, ultra contemporary homes on the water, retail and business real estate and more. Whether you are looking for Dubai property for your own use, to start a business, or to rent out for profit you will find that there is a lot of beautiful Dubai property to choose from. The idea is to cash in now and buy Dubai property so that you can watch the property values continue to increase month after month.

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. 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 Dubai property values seem to have no limit.

If you are looking for very interesting Dubai property to buy you might want to look off shore on Palm Island or The World. If you want something that is not off shore but is still very beautiful Dubai property you may want to look into the Dubai Marina area, the Dubai Complex, Dubai Waterfront, Business Bay, or Dubailand. All of these areas have something different to offer the Dubai property investor. Even if you are not looking at property as an investment, but simply as a beautiful place to live, you will find that there are some truly beautiful homes to choose from. Many of the homes and skyscrapers that Dubai property contractors are building are ultra contemporary, so if you love the contemporary look or like the idea of living in a breathtaking skyscraper you will find that Dubai has a lot to offer you.

Whether you are looking for Dubai property to live in or simply invest in for future economic growth you will find that you are looking for. 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. Get in and buy Dubai property now while the area is still growing and building its value so you can cash in later.

SECTION I: ECONOMIC AND DEMOGRAPHIC DEVELOPMENTS AFTER 1990

Statistically the evidence that Dubai grew a very large amount after 1990 is ample. National population increased by 3.03 million people between 1990-2008 from a 1990 population of “1.59 million (zum.de) to “4.62 million in 2008. (cia.gov). Much of this population growth was centered around Dubai. Moreover, the United Arab Emirates experienced a jump in gross domestic product from $”34 billion in 1990 to 186.8 Billion in 2008. (state.gov)

Moreover, investment in national infrastructure such as logistics also increased, an example being the Dubai Metro rail transit system, numerous industry specific development cities and extensive liberalization of financial services within Dubai’s self regulated financial center. Much of Dubai’s economic growth was assisted by 1) oil reserves that both created a cheap source of energy for desalinization projects, and economic growth and 2) export income. This provided Dubai’s rulers to have a stable source of income in order to fuel forward thinking economic growth.

SECTION II: CAUSES OF DUBAI’S TREMENDOUS GROWTH

*Oil reserves: Up until recently, oil has been a major contributor to Dubai’s success, however it has been more of an economic springboard than a staple resource. This is so primarily to the limited oil reserves Dubai has in relation to other Emirates in the UAE such as Abu Dhabi.

*Property development: The real estate boom in Dubai was unprecedented up until late 2008-2009, after which it continued growth. The Burj Dubai, The Palm Jumeirah, the Burj Al Arab, and many more profound and highly evolved architectural structures captivated tourists and World watchers alike and a massive increase in residential and commercial real estate pointed to a fast expanding Nation-State.

*Tourism: Tourism has been an important part of

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.

Shopping in Ajman is available in both modern malls, which offer many of the designer and luxury items you would expect from a modern shopping mall in the UAE, and the traditional souqs where local products such as traditional pottery can be purchased.

Tourists to Ajman have always enjoyed a visit to the Dhow Yard which is the biggest and one of the busiest Dhow building yards in the United Arab Emirates. Here visitors can see Dhows being built in the traditional manner, exactly the same as they have been built for centuries. The Dhow Yard also builds modern speed boats that compete in the Dubai Speed Boat races.

The Ajman Museum is also well worth a visit. This museum was opened in 1981and is housed in a fort that dates from the 16th Century. The museum has a strong emphasis on the traditional culture of the region and visitors cannot only see ancient artefacts but also modern reconstructions of traditional Bedouin ways of life including both social and trade reconstructions. The Ajman museum also houses a large collection of artefacts from the Mowaihat archaeological site.

The Mowaihat Archaeological site was discovered by workers laying a sewerage pipe in 1986. The site was then excavated as an archaeological site at which several copper implements numerous beads, a number of ceramic vessels and human remains among other artefacts have been unearthed. This site was the first site to be discovered that showed that the area was occupied in the Um al-Nar period.

Ajman’s beaches have also long been a traditional tourist attraction, the climate of Ajman being superbly suited to beach life. Dolphins are common off the coast of Ajman and dolphin spotting is a popular recreational activity with both tourists and locals alike.

Ajman has a variety of food and places to eat out, you will find everything from western fast food outlets to high class restaurants and traditional café and street vendors. Even though Ajman is a Muslim state, alcohol can be purchased in restaurants and hotels. This is the norm through most of the UAE; alcohol can be purchased by non Muslims in hotels and restaurants although it is generally not possible to purchase alcohol outside of these places.

Ajman is currently experiencing a huge growth in development so over the next few years tourism and tourist attractions will grow in number and variety. There are several theme parks and other tourist related developments currently under construction or well into the planning stages. Sports facilities, clubs and venues are also currently under development as are cultural attractions such as theatres, museums and galleries.

Dubai real estate market has blossomed in the past fifteen years due to implementations of one-of-a-kind projects such as “The Palm”, “The World” islands and “The Walk”, this fantastic place has earned the interest of the world’s wealthiest people, mid-size and small investors. Today, most of Dubai population is Asian by origin, has a population which covers 185 different nationalities and offers great returns on investment to more than five thousand companies.

When someone thinks about the United Arab Emirates the first thing that comes to mind is a hot desert area, which might not be a glamorous place to live in, but the truth is that Dubai has a multicultural and sophisticated society which lives up to international standards.

Due to its accelerated growth, property investments in Dubai have become a real goldmine to everyone who is willing to contribute and participate in all the wonders this place offers. Private sector investments are now calculated to surpass the 4000 million.

The success of Dubai property sales resides in the fact that the city is properly diversified and has what are referred to as “Free Zones” which offer incentives to investors such as: repartition of profits, complete foreign ownership, tax exemptions for Levi construction and extended leases.

A few Free Zones which have skyrocketed property investments in Dubai are: media and internet city, Jebel Ali free zone, gold and diamond park, etc. Dubai property sales have also attracted major financial institutions and insurance companies which are currently regulated by the UAE central bank and are restricted to have up to 8 branches per institution after meeting government regulations.

Other important factors which have skyrocketed property investments in Dubai are the fact that businesses can be established in 20 minutes in free zones, there are no income tax and corporate tax regulations which represent a huge advantage for investors, low cost work environment as well as low energy costs and a state-of-the-art city which could be considered the eighth world wonder!.

Particularly in the fields of tourism, IT, media and finance there are significant job opportunities for qualified personnel and if you’re interested in working in Dubai here’s a guide to employment in the most exciting, tax free, fastest growing multi cultural location in the world.

Yes, you heard me right, Dubai is tax free – if you live and work in the emirate your income will be paid to you gross and furthermore, if you buy a house to live in you will not be subject to property taxes because direct personal taxation is against the law in Dubai!

The emirate currently has 15 free trade zones and 7 more are in the planning stages. The free trade zones are where foreign businesses can establish themselves and grow without the restriction of corporate taxation for example and without having to submit to a local majority shareholding structure. As a direct result of all of the incentives offered to overseas businesses, take up in the free trade zones has been incredible and employment opportunities for foreign personnel are being created within them on a weekly basis.

To work in Dubai you require a work permit and a residency visa and the majority of employers arrange these for their expatriate work force when they appoint them. If you’re planning on travelling to Dubai to look for work you can enter the country on a temporary visa and then as soon as you secure employment you can apply for your work permit and visas. Rules relating to the period of time you can remain in the country on a temporary visa vary depending on the country you herald from and you should check with your local UAE embassy on rules that apply to you before you travel.

Most business in Dubai is done on a networking basis and so when you first arrive it can feel a little alien to have to immediately get out there and start introducing yourself to people. But don’t worry, you soon get used to it. Just make sure you have a pocketful of business cards to hand whenever you leave your accommodation as trading in business cards is the first step to successful networking!

Once you’ve settled into the different working hours in Dubai – many businesses close for a few hours in the afternoon and no local people take appointments on a Friday – and once you’ve settled into the fast pace of your social life you will begin to love your new surroundings. The quality of life achievable in Dubai for expatriates is quite possibly inimitable elsewhere as such emphasis has been placed on creating a paradise where foreign workers can work hard, play hard, live life to the full and experience everything in one day from skiing on an indoor slope to playing golf to diving to camel riding in the desert.

Expatriates make up 94% of the population in Dubai and as a direct result you can almost guarantee you’ll make friends very quickly and easily. The environment in Dubai is so multi cultural, open and free and there are a great deal of social clubs and events designed for people to meet up and make friends. These all help ease new residents into their brand new life. Everyone makes a great effort to get along in Dubai because they are all in the same boat together – working away from home but enjoying being in a country that offers first class business opportunities and a tax free lifestyle – could you ask for more?

A federation of seven states including Abu Dhabi, Dubai, Ajman, Fujairah, Ras al Khaimah, Sharjah and Umm al Qaiwain, the United Arab Emirates was established in the year 1971. Craggy mountains, sand dunes, sandy beaches, lush green parks, dusty villages, ancient houses, vibrant souks and modern shopping malls of the United Arab Emirates offers a kaleidoscope of varied offerings for a tourist. Dubai is a shopper’s paradise and it is a great shopping destination with an Array of products that are unrivalled.

Abu Dhabi is referred to as the Manhattan of the Middle East and is a modern city full of skyscrapers. It is the capital of the United Arab Emirates and connects the mainland with two bridges. It has many attractions like the Heritage Village, the beautiful Corniche or beach, the Al Hisn Fort, the Petroleum Exhibition, old souk or market, Breakwater Island, Sheik Zayed’s palace and the oldest part of the town, the Batin. It is also home to the White Fort called the Diwan Amiri. Abu Dhabi preserves many things from its past despite its modernization.

Al Ain, which is located sixty miles away from Abu Dhabi is an oasis and a caravan stop. It is rich with a huge fertile plain and picturesque scenery. Here there is a camel market, zoo and a museum that contains artefacts both old and new and some good examples of Mesopotamian pottery. A few kilometres away from Al Ain is a water spring called Ain Faidha. Archaeological sites can also be found near the Al Ain area. To the south of Al Ain is Hafit Mountain which contains ancient pottery, swords and tombs.

Dubai, hailed as the Pearl of the Arabian Gulf, is another must see sight in the UAE. It was a seafaring settlement and a natural harbor for the fishermen and dhow traders. Bur Dubai houses the world renowned Gold Souk and spice Souk. The Al Fahidi Fort and Dubai museum offer a glimpse back into the rich ancient past of the country. Dubai hosts the Dubai World Cup, the PGA Desert Classic Golf tournament and the Dubai Shopping Festival. The camel riding, sand skiing, four wheel desert safaris, Bedouin barbeques and dhow cruises make it a great place for tourists to visit.

The desert is a spectacular destination for the tourists. Sand skis, camel rides, four wheel drives amidst the majestic red dunes and stark mountains offer the ultimate desert experience. The oasis in the desert is a great place to stay and the journey through the desert also offers an opportunity of meeting the Bedu folk or the nomadic tribes who are very hospitable. Watching the camel races at dawn is a great way to spend the day.

Visit Ras-al- Khaimah and you will get spectacular views of the old sea port, the Hajar Mountains, Dhaid and Khatt oases and mineral springs. The visit to Ras-al-Khaimah also includes trips to Dibba, a natural harbor and Khor Kalba, one of the most popular shell beaches in the world. The Drabhaniya ruins present in the place is another interesting historical spot.

Dubai has made a real effort in recent years to promote itself as a luxury holiday destination. It has spent billions of dollars putting the infrastructure in place to position itself as one of the best holiday destinations in the world. As part of that process Dubai has built some of the most luxurious holiday villas and self catering holiday apartments to be found any where in the world.

Construction is a feature of the city and there is constant building activity. The Dubai Waterfront project will add 500 miles of man-made waterfront to the city. These artificial islands will add up to a space roughly 7 times the size of Manhattan!!

Situated on the south sore of the Arabian Gulf, Dubai is one of seven emirates that make up the United Arab Emirates. The population of Dubai City is over 1 million. The majority of the city’s population (80%) is made up of expatriates the majority of whom are from South Asia. The city is split in two by the Dubai Creek. Trade, oil and tourism all play a major part in Dubai’s economy and have taken over the traditional occupations of fishing, pearl diving and camel breeding. The area around Dubai City is desert and sparsely populated.

The weather is Dubai is extremely hot during the summer months so the best time to visit is during the winter months. During Ramadan it is illegal to publicly eat or drink and so this time is unpopular with tourists. Dubai is a liberal tourist destination and tolerant and safe to visit. However women are advised to dress conservatively when amongst locals.

Visitors are attracted to Dubai by the world class sports events and air shows as well as the fantastic shopping attractions and air conditioned malls. Dubai claims to be the shopping center of the world. The shopping attractions range from traditional crafts and arts to ultra modern designer fashions and electronics. The Dubai Shopping Festival is a yearly event held during January and February. The Dubai Summer Surprises is a summer month shopping spectacular which makes the most of the cheap hotel rates.

There are vast contrasts in the different types of restaurants brought about by the different mix of cultures. Asian, European and Arabic restaurants abound and range in price from budget to five-star.

There is an extensive range of high class hotels and resorts in Dubai. These places offer enticing discounts when the weather gets hot and during Ramadan. There is also a plethora of world class entertainment offerings which includes something for everyone’s taste. Fabulous nightclubs abound.

Dubai is a shinning jewel in the Middle East and a fabulous place to visit and offers beach resorts amidst traditional buildings and mosques and high rise skyscrapers. The city is popular with tourists because there are a wide variety of things to do and interesting places to see.