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.

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