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.
Thursday, May 29, 2008
Saturday, May 24, 2008
Property For Sale In Dubai
Property for Sale in Dubai has been available to expatriates since May 2002, when the Government of Dubai legalized foreign ownership of property. The real estate sector has seen monumental growth that has paved the path for massive developments and mega projects to get underway, offering a choice full of healthy investments in the form of properties for sale in Dubai, to interested individuals and developers.
These opportunities of buying Dubai properties have not gone unnoticed, and the market’s responsiveness has been dramatic and phenomenal to say the least. Property in Dubai is available for sale either directly from the developers or through the hundreds of real estate agencies that have sprung up across the Emirate. International real estate agents are now boasting the availability of property for sale in Dubai.
Several projects and developments already underway have been sold out in the primary market, fuelling price increases in the secondary re-sale market. Focus seems to be centered around The Burj Dubai, expected to be the tallest building in the world. With completion anticipated at the end of 2008, two of the six towers surrounding Burj Dubai, called The Residences, are already completely sold out.
However, there is no shortage of prestigious property for sale in Dubai. It seems as though each new development is bigger and better than the previous one and when it comes to property for sale buyers are spoiled for choice. Whether buying for investment purposes of leasing or selling, for personal use as a holiday home or otherwise – Dubai property is a healthy and sound decision to make.
Of course for a new comer to the city the prospect of finding a suitable property for sale can be a bit confusing and overwhelming because of the sheer number of developments and towers that are springing up across Dubai. The quickest way to discern through the frenzy is to find meet with reputable real estate agencies or go directly to the developer to find out more information. Real estate agencies have the advantage of variety and know-how in the industry. Whichever way you to chose to go about finding the most suitable property for sale in Dubai, you can rest assured that your investment is a good one.
These opportunities of buying Dubai properties have not gone unnoticed, and the market’s responsiveness has been dramatic and phenomenal to say the least. Property in Dubai is available for sale either directly from the developers or through the hundreds of real estate agencies that have sprung up across the Emirate. International real estate agents are now boasting the availability of property for sale in Dubai.
Several projects and developments already underway have been sold out in the primary market, fuelling price increases in the secondary re-sale market. Focus seems to be centered around The Burj Dubai, expected to be the tallest building in the world. With completion anticipated at the end of 2008, two of the six towers surrounding Burj Dubai, called The Residences, are already completely sold out.
However, there is no shortage of prestigious property for sale in Dubai. It seems as though each new development is bigger and better than the previous one and when it comes to property for sale buyers are spoiled for choice. Whether buying for investment purposes of leasing or selling, for personal use as a holiday home or otherwise – Dubai property is a healthy and sound decision to make.
Of course for a new comer to the city the prospect of finding a suitable property for sale can be a bit confusing and overwhelming because of the sheer number of developments and towers that are springing up across Dubai. The quickest way to discern through the frenzy is to find meet with reputable real estate agencies or go directly to the developer to find out more information. Real estate agencies have the advantage of variety and know-how in the industry. Whichever way you to chose to go about finding the most suitable property for sale in Dubai, you can rest assured that your investment is a good one.
Buying Property In Dubai
In the international real estate arena, buying property in Dubai has become is the latest and hottest trend. Dubai has become synonymous with ambitious mega developments and projects that have claimed worldwide recognition and are phenomenal architectural feats. The May 2002 law facilitating the purchasing of Dubai property by foreigners, catapulted the Dubai real estate industry into an enormous boom that is still going strong today.
With approximately $90 billion invested in property developments either completed or in the development stages, the buying property in Dubai has never been hotter. Dubai provides the ideal environment to buy property. Buyers are spoiled for choice offering various types of property suited to all lifestyle requirements. From towering city apartments to luxurious beach front villas and exclusive self-sustaining communities, Dubai is the new international property buying destination and has even attracted several star celebrities, including the likes of David and Victoria Beckham, Michael Jackson and Rod Stewart.
Buying property in Dubai is not restricted to the elite upper class only. Many new and existing residents of the city have found it more worth their while to purchase their residential quarters instead of paying exorbitant rents to landlords. As a result, several real estate agencies have sprung up across the Emirate, in addition to some developers selling their property directly.
While the market for mortgages is still developing, many developers offer exclusive payment plans when buying property in Dubai. The city is thriving and the real estate market is booming. Purchasing properties in Dubai is an almost guaranteed return on your investment, whether you wish to rent or sell your property. If it is a holiday home for yourself and your family – there is no better place in the world that will offer you the kind of luxury environment than this City of Gold.
Source: bhomes.com/buying-property-in-dubai.aspx
With approximately $90 billion invested in property developments either completed or in the development stages, the buying property in Dubai has never been hotter. Dubai provides the ideal environment to buy property. Buyers are spoiled for choice offering various types of property suited to all lifestyle requirements. From towering city apartments to luxurious beach front villas and exclusive self-sustaining communities, Dubai is the new international property buying destination and has even attracted several star celebrities, including the likes of David and Victoria Beckham, Michael Jackson and Rod Stewart.
Buying property in Dubai is not restricted to the elite upper class only. Many new and existing residents of the city have found it more worth their while to purchase their residential quarters instead of paying exorbitant rents to landlords. As a result, several real estate agencies have sprung up across the Emirate, in addition to some developers selling their property directly.
While the market for mortgages is still developing, many developers offer exclusive payment plans when buying property in Dubai. The city is thriving and the real estate market is booming. Purchasing properties in Dubai is an almost guaranteed return on your investment, whether you wish to rent or sell your property. If it is a holiday home for yourself and your family – there is no better place in the world that will offer you the kind of luxury environment than this City of Gold.
Source: bhomes.com/buying-property-in-dubai.aspx
Subscribe to:
Comments (Atom)