As the economy continues to boom in Dubai, the demand for commercial property in Dubai is soaring. With the establishment of several free trade zones, several multinationals have opened their doors here, and many more are looking to come.
Dubai provides a safe haven for businesses and is geographically ideal to serve the subcontinent markets of India and Pakistan. The value of commercial property in Dubai has increased manifold over the last few years. Now available for sale, freehold commercial property is increasingly desirable as firms see the value in being present in Dubai.
Prestigious developments such as Business Bay and sections of the Jumeirah Lake Towers are dedicated to commercial property, along with the famed Burj Dubai. Ambitious developments such as Dubai Land, and the Mall of Arabia will see thousands of store fronts brought to the Emirate as commercial property in Dubai is in high demand.
With an expanding population that is set to double by 2010, business is booming in freewheeling Dubai and it is all making for a very healthy atmosphere to conduct business in. Whether you are an investor looking to invest into commercial property in Dubai, or a business owner debating the odds of expanding your business interests to Dubai, this is the right place to be.
From high-tech state of the art buildings and facilities that are guaranteed to impress clients, to shop fronts in prestigious and prime locations, to cost effective ware houses and labor camps – commercial property in Dubai is reaching international standards.
Thursday, June 12, 2008
Wednesday, June 11, 2008
United Arab Emirates Real Estate - UAE
Who is buying property for sale in Dubai United Arab Emirates? Virtually everyone! With such a wide range of properties, style, price and leisure interests, people from all walks of life are now attracted to other countries such as United Arab Emirates.
With its healthy atmosphere, relaxed lifestyle, lower cost of living, and different climate, United Arab Emirates has a great deal to offer and attracts people from all around the world.
If you are purchasing a property in United Arab Emirates to rent out as a business for holidays, you need to consider how attractive the area is for tourists. Developments for residency are often different from those for holiday investments, so don't any time looking at real estate properties or areas which are not suitable.
United Arab Emirates - like many countries you can invest in provide tax benefits for real estate & property investors aswell as residence visas and assistance. It is quite reasonable to expect, with the right choices, a considerable return on your investment within a few years.
Whether you are investing for profit, a second home or a new residence, you must investigate the market completely, so with the correct information you can make informed choices and invest with confidence abroad.
With its healthy atmosphere, relaxed lifestyle, lower cost of living, and different climate, United Arab Emirates has a great deal to offer and attracts people from all around the world.
If you are purchasing a property in United Arab Emirates to rent out as a business for holidays, you need to consider how attractive the area is for tourists. Developments for residency are often different from those for holiday investments, so don't any time looking at real estate properties or areas which are not suitable.
United Arab Emirates - like many countries you can invest in provide tax benefits for real estate & property investors aswell as residence visas and assistance. It is quite reasonable to expect, with the right choices, a considerable return on your investment within a few years.
Whether you are investing for profit, a second home or a new residence, you must investigate the market completely, so with the correct information you can make informed choices and invest with confidence abroad.
Dubai Property Rental
Dubai property rental can be slightly difficult for the city’s first time residents. The prospect of finding a reasonable place to live, one that fits rental budgets and location requirements is a challenging task, anywhere in the world. In Dubai especially, that task can be daunting. Whether frantically searching through the classifieds or meeting with real estate agents, finding a Dubai Property for rent in this booming city is overwhelming.
The city’s population has increased from 862,387 in the year 2000 to the latest estimate of 1.3 million. By the year 2010, the population is expected to nearly double to 2 million, according to The Dubai Ministry of Planning. In contrast to the overflow of people coming to reside in the city, the Dubai property rental market is presently undersupplied. The number of villas and apartments available for rent cannot meet the market’s demand, sending rents skyrocketing to an average of 37%, according to Dubai Municipality statistics.
The shortage of Dubai property for rent has caused a great number of problems for the city’s residents who are at present extremely frustrated and annoyed with the exorbitant cost of living in this city. Sharing apartments seems to be the most feasible thing to do given the markets present situation. Some prefer the option of commuting from neighboring Emirates like Sharjah and Ajman.
The number of housing units is expected to increase by 84,000 over the next three years, once all the Dubai property currently in development stages is completed and ready for occupancy by new homeowners or tenants. While high rents remain an issue with Dubai property rentals, it is only making the case for ownership of property a stronger and more viable option. For Dubai’s current property owners, the rental money their property commands continues to remain rosy and comfortable for the future.
Due to the high demand for Dubai Property for rent, investors are clamoring to buy more of the latest and hottest international property. As new residents flock to the city and the population continues to expand, investing in Dubai property rentals is almost a guaranteed return on investment in this growing city.
The city’s population has increased from 862,387 in the year 2000 to the latest estimate of 1.3 million. By the year 2010, the population is expected to nearly double to 2 million, according to The Dubai Ministry of Planning. In contrast to the overflow of people coming to reside in the city, the Dubai property rental market is presently undersupplied. The number of villas and apartments available for rent cannot meet the market’s demand, sending rents skyrocketing to an average of 37%, according to Dubai Municipality statistics.
The shortage of Dubai property for rent has caused a great number of problems for the city’s residents who are at present extremely frustrated and annoyed with the exorbitant cost of living in this city. Sharing apartments seems to be the most feasible thing to do given the markets present situation. Some prefer the option of commuting from neighboring Emirates like Sharjah and Ajman.
The number of housing units is expected to increase by 84,000 over the next three years, once all the Dubai property currently in development stages is completed and ready for occupancy by new homeowners or tenants. While high rents remain an issue with Dubai property rentals, it is only making the case for ownership of property a stronger and more viable option. For Dubai’s current property owners, the rental money their property commands continues to remain rosy and comfortable for the future.
Due to the high demand for Dubai Property for rent, investors are clamoring to buy more of the latest and hottest international property. As new residents flock to the city and the population continues to expand, investing in Dubai property rentals is almost a guaranteed return on investment in this growing city.
Leasing Property In Dubai
For tenants, leasing property in Dubai can be a rather arduous task. Finding a place to live in this booming city is challenging to say the least. Due to the scarcity of apartments, leasing property in Dubai is becoming more difficult as new residents continue to flock to the city. The high demand of for leasing property in Dubai, and the short supply of available units for lease means the inevitable: high rents.
The current property boom in Dubai has sent rental charges rising upwards since the year 2002, at an average 37% increase according to The Dubai Municipality. The higher cost of living has put a lot of pressure on Dubai’s tenants. To alleviate some of that pressure, the Government of Dubai moved to impose a rental cap of 15% in October 2005. The rental cap on leasing property in Dubai is helpful to existing tenants. Those currently leasing property in Dubai can take landlords to court should their rent be increase more than the 15%. While this has been helpful in curbing unwarranted hikes – it has also given landlords the green light to increase rents by the full 15% instead of slow and gradual increases.
Considering the rapid increase in Dubai’s population that has swelled from approximately 800,000 in the year 2000 to 1.3 million in 2006, where it stands today, there is a shortage of residential apartments and villas for rent. This excess demand over supply for leasing property in Dubai has led to higher rental charges because property continues to be in short supply.
Despite the current shortage, the future of Dubai property remains extremely bright. Over the next three years an additional 84,000 accommodation units are expected to be ready for occupancy as new projects are completed. The addition of these properties is expected to help stabilize the marketplace for rents – a big relief for those who are currently leasing property in Dubai.
The current property boom in Dubai has sent rental charges rising upwards since the year 2002, at an average 37% increase according to The Dubai Municipality. The higher cost of living has put a lot of pressure on Dubai’s tenants. To alleviate some of that pressure, the Government of Dubai moved to impose a rental cap of 15% in October 2005. The rental cap on leasing property in Dubai is helpful to existing tenants. Those currently leasing property in Dubai can take landlords to court should their rent be increase more than the 15%. While this has been helpful in curbing unwarranted hikes – it has also given landlords the green light to increase rents by the full 15% instead of slow and gradual increases.
Considering the rapid increase in Dubai’s population that has swelled from approximately 800,000 in the year 2000 to 1.3 million in 2006, where it stands today, there is a shortage of residential apartments and villas for rent. This excess demand over supply for leasing property in Dubai has led to higher rental charges because property continues to be in short supply.
Despite the current shortage, the future of Dubai property remains extremely bright. Over the next three years an additional 84,000 accommodation units are expected to be ready for occupancy as new projects are completed. The addition of these properties is expected to help stabilize the marketplace for rents – a big relief for those who are currently leasing property in Dubai.
Monday, June 2, 2008
Dubai Investment Property
Dubai investment property is an excellent idea especially in a property market that is booming like Dubai. Considering the current market trend, rents are rising at an average of 37% according to statistics issued by the Dubai Municipality.
When considering Dubai investment property, effectively you are going into business, and are no longer just a homeowner. Buying rental properties in Dubai still stacks up from a business view, provided that you are long and not short term in your outlook.
Now Dubai property investment is a long-term investment so what you need to be very careful about is that your financing is not so tight that you can not afford to ride out the rough times. Property moves in cycles so you can not avoid some bad periods over the time you own a place, but you do have to be absolutely certain that you can survive them - and not have to sell up at the worst possible moment - and thus live to enjoy the equally inevitable upside.
Dubai investment property is a good hedge against inflation which is showing signs of re-emerging in the global economy. Rental income from property is a stable source of income, and while it might fluctuate, is highly unlikely to vanish altogether. Compare that to interest on deposit accounts or dividends on shares.
Dubai property investment is open to any investor from anywhere in the world, unlike the local stock market. This means greater liquidity and more funds in the marketplace. People from across the globe are flocking to Dubai to invest in property here because it is the most viable investment option in the international property arena.
When considering Dubai investment property, effectively you are going into business, and are no longer just a homeowner. Buying rental properties in Dubai still stacks up from a business view, provided that you are long and not short term in your outlook.
Now Dubai property investment is a long-term investment so what you need to be very careful about is that your financing is not so tight that you can not afford to ride out the rough times. Property moves in cycles so you can not avoid some bad periods over the time you own a place, but you do have to be absolutely certain that you can survive them - and not have to sell up at the worst possible moment - and thus live to enjoy the equally inevitable upside.
Dubai investment property is a good hedge against inflation which is showing signs of re-emerging in the global economy. Rental income from property is a stable source of income, and while it might fluctuate, is highly unlikely to vanish altogether. Compare that to interest on deposit accounts or dividends on shares.
Dubai property investment is open to any investor from anywhere in the world, unlike the local stock market. This means greater liquidity and more funds in the marketplace. People from across the globe are flocking to Dubai to invest in property here because it is the most viable investment option in the international property arena.
Burj Dubai Freehold Property in Dubai
Now officially the world’s tallest building, and due for completion at the end of 2008, the Burj Dubai is the pinnacle of the Dubai property boom. The Burj Dubai, along with the surrounding downtown area, will offer luxury residential and commercial property for freehold sale and because of global recognition and key location adjacent to Sheikh Zayed Road, the amount of interest has been unrivalled.
The Burj Dubai features one, two, three and four bedroom luxury apartments, with a large number of floors solely dedicated to office space. All the apartments feature individual finishing’s, unique design and the highest specifications of fixtures and fittings. Besides luxury interior and great location, the main appeal of owning an apartment here is the view. Residents get great panoramic views of the surrounding development, the city and even the shorelines and Palm Jumeirah on a clear day.
Amenities that are a part of Burj Dubai living include the finest in leisure facilities such as swimming pools, spas, gymnasiums and communal outdoor space. With the exclusive Armani Hotel at the base of the Burj Dubai, and the world’s largest shopping mall, Dubai Mall, right next door, there is a whole range of shopping, entertainment and dining options for the whole family. Convenience epitomises life at Burj Dubai, but this is some of the most exclusive freehold property available and comes at a high price. The higher the floor, the more it’s going to cost you to own a piece of history, and the apartments in the main tower are the most expensive ones on the whole Dubai property market, but for the high end property investor, it’s worth the price.
The Burj Dubai is sure to attract both future residents and visitors, simply because it is the new centre of the growing city of Dubai, and is globally recognised as a tribute to engineering. The luxury, location and convenience of living in or near the Burj Dubai are something that will become more apparent as this immense freehold project approaches completion.
Source: http://dubairealestate1.wordpress.com/2007/10/11/burj-dubai-freehold-property/
The Burj Dubai features one, two, three and four bedroom luxury apartments, with a large number of floors solely dedicated to office space. All the apartments feature individual finishing’s, unique design and the highest specifications of fixtures and fittings. Besides luxury interior and great location, the main appeal of owning an apartment here is the view. Residents get great panoramic views of the surrounding development, the city and even the shorelines and Palm Jumeirah on a clear day.
Amenities that are a part of Burj Dubai living include the finest in leisure facilities such as swimming pools, spas, gymnasiums and communal outdoor space. With the exclusive Armani Hotel at the base of the Burj Dubai, and the world’s largest shopping mall, Dubai Mall, right next door, there is a whole range of shopping, entertainment and dining options for the whole family. Convenience epitomises life at Burj Dubai, but this is some of the most exclusive freehold property available and comes at a high price. The higher the floor, the more it’s going to cost you to own a piece of history, and the apartments in the main tower are the most expensive ones on the whole Dubai property market, but for the high end property investor, it’s worth the price.
The Burj Dubai is sure to attract both future residents and visitors, simply because it is the new centre of the growing city of Dubai, and is globally recognised as a tribute to engineering. The luxury, location and convenience of living in or near the Burj Dubai are something that will become more apparent as this immense freehold project approaches completion.
Source: http://dubairealestate1.wordpress.com/2007/10/11/burj-dubai-freehold-property/
Thursday, May 29, 2008
Dubai Property
Dubai property is the hottest thing on the international property market at the moment. Rising out of the Arabian Desert, the Emirate of Dubai has taken the world by storm. In a little over 30 years, Dubai has transformed from a small fishing village and port into a sprawling and bustling cosmopolitan city. The transformation can swiftly be attributed to the mega real-estate property developments and projects that are either complete or currently underway in the Dubai property market. According to recent estimates, there is currently $45 billion in real estate under construction in Dubai property, with another $45 billion in the development stages.
The Dubai property market exploded in May 2002, when the Government of Dubai issued a law legalizing foreign ownership of Dubai properties in select areas of the city. The Burj Dubai, expected to be the tallest building in the world, The Palm and The World islands are just some of the internationally famed developments that are iconic of Dubai Property. This site will help you learn more about the Emirate of Dubai and its stunning property developments.
Dubai property is deemed an excellent investment opportunity given the current strength of the property market. Whether buying it as an investment, as a holiday home or even as a second home – Dubai property is the right choice to make in the real estate sector. With an ever increasing population and a growing GDP, thousands of residents fly in each month to make Dubai a home.
Whether you want to buy, sell or lease a Dubai property – you are almost guaranteed a return on your investment. When in the market for Dubai property, buyers are spoiled for choice. There is a wide variety of property types available, from city apartments in soaring skyscrapers, or luxurious villas in the suburbs or even beach side homes – Dubai property truly caters to every individual’s lifestyle preferences.
The Dubai property market exploded in May 2002, when the Government of Dubai issued a law legalizing foreign ownership of Dubai properties in select areas of the city. The Burj Dubai, expected to be the tallest building in the world, The Palm and The World islands are just some of the internationally famed developments that are iconic of Dubai Property. This site will help you learn more about the Emirate of Dubai and its stunning property developments.
Dubai property is deemed an excellent investment opportunity given the current strength of the property market. Whether buying it as an investment, as a holiday home or even as a second home – Dubai property is the right choice to make in the real estate sector. With an ever increasing population and a growing GDP, thousands of residents fly in each month to make Dubai a home.
Whether you want to buy, sell or lease a Dubai property – you are almost guaranteed a return on your investment. When in the market for Dubai property, buyers are spoiled for choice. There is a wide variety of property types available, from city apartments in soaring skyscrapers, or luxurious villas in the suburbs or even beach side homes – Dubai property truly caters to every individual’s lifestyle preferences.
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