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An Overview of Ever Growing Dubai Real Estate Market

November 5th, 2009 StudioFlatsLondon 1 comment

The city Dubai has become the first choice for those who want to invest in real estate properties. In Dubai there is a continuous process of growth and opportunities in the real estate market. The quick returns of the investment and the rental guarantee are some of the factors that have attracted the numerous investors in Dubai real estate market. If there is a product that has demand, then the market has to supply that product. Actually, it is a city that fills your all demands.

The groundbreaking changes which are taking place in the real estate market of Dubai are absolutely amazing. If you consider it closely at the details of evolving constructions and properties in the growing market of Dubai, you must become wordless. It looks as if all these towers and communications are coming out of thin air.

The luxury and the fashionable constructions mark the Dubai real estate properties. In fact some of the areas such as Discovery Gardens, International City and Dubai Sports City have become world famous for the luxurious properties.

So, if you’re looking to buy properties in Dubai then you should take into your considerations such places as Palm Jumeirah and Palm Jebel Ali signature villas, garden homes, garden villas, water homes and shoreline apartments which are the fastest moving properties on the local market here at the moment.

Many investors, however, believe that it is better to invest the accumulated capital of a person in the growing areas such as Las Vegas and New York. They believe that real estate investment there means to get high returns. But there are also some shortcomings in doing business in Paris, Las Vegas, New York or even London. For doing business in those places you have to pay excessive amount of money. You will have to pay up for various things like buying the land, interpreting foreign ownership and tax laws and other costs related to real estate investments.

But in respect of these costs you will have great benefits in Dubai. But in respects of the communication facilities as well as other modern amenities the city has also great offers. At Dubai you will have easy access of airport, luxury entertainments, a great landscape and all the amenities that a hotel with international standards has and what the luxury residents would desire to have. For these reasons Dubai is a dream city for the property investors.

If you have a little idea about the Dubai real estate properties you may have heard the names of such properties as the Palm Islands, The World, Dubai Marina, Dubai Waterfront, Business Bay, Dubai land and The Burj Dubai Complex. These properties are home to skyscrapers such as Emirates Towers and the Burj al-Arab. The Burj al-Arab is located on offshore property in the Persian Gulf. The Burj al-Arab is currently the tallest hotel in the world. Another well-known property in Dubai is the Business Bay. The new business district is to be home to five hundred skyscrapers, all of which are going to be built on land that was lifted from the Dubai Creek.

So consider investing in Dubai property or you may lose the chance forever.

Phenomena of International Real Estate

October 19th, 2009 StudioFlatsLondon No comments

Dubai… A great place to live and property investment!

The Dubai Properties and Real Estate Blog is a resource center for international property investors. Being the commercial hub of the Arab world, Dubai saw property boom since 2002 when the government had permitted foreigners to invest in Dubai properties in order to boost Dubai and as well as the whole UAE real estate market.. For a few years now, some have been saying that the Dubai property bubble was about to burst and that a property crash was just around the corner. Yet, prices kept increasing and such doom mongering proved unfounded. The Dubai property market is unique in many ways, and as such doesn’t follow the general rules of other property markets around the globe and other Middle East property markets. The current rate of return on UAE property investments is in the region of 10 – 15 percent per annum, with this rate expected to continue for the foreseeable future, and rental yields in excess of 10% are further evidence of strength in the property market. The growth in the tourism industry of Dubai has been phenomenal with the 3.4 million visitors in 2001 expected to rise to over 6 million in 2010 – from a standing start the area is becoming a magnet for overseas visitors. Many of Dubai’s property developments set out to emulate the most prestigious residential addresses in the world. However, the less glamorous middle-income gulf or Middle East real estate market is increasingly drawing the attention of savvy investors. Dubai Properties is one of the biggest and has said it will deliver 5,000 units to the freehold market in 2008 which is not nearly enough to meet surging demand. Abu Dhabi property market will not deliver a single new real estate unit this year, and deliveries will only start late in 2009, and that creates additional demand in Dubai.

The Mediterranean island of Malta has recorded the strongest growth in property prices from countries in the European Union, and recent news could help see property inflation in double figures for the next few years. Malta is not only a tax efficient location with beautiful costal properties for sale or rental, but its warm climate, beautiful sea and days full of sun will help you relax and retire in a friendly and safe environment for Mediterranean property investment. Sustained property inflation at levels seen in Malta are rarely seen in other countries, but new economic activity on the island could see property demand at good levels for some years to come. The introduction of low cost flights to Malta from the UK will open up the possibility of more international real estate investors looking at the island for holiday homes that could be used for long weekends, and the Malta hotels industry could reap the benefits of the 3 and 4-day tourist seeing the island as a viable place to visit. After some years of wondering how Malta property market would fit into the modern world, property agents, hotel owners and the Malta holidays industry are beginning to see the future with some optimism.

Due to the gains in housing equity in the past 20 years, more people have been seeking to invest in housing, rather than other forms of investment. In the UK there has been a rise in the number of private buy to let investors. Similar to an increase in the buy to let sector, there has also been an increase in demand for houses from oversees property buyers. This has had a significant effect in boosting real estate demand, especially in London. In terms of land mass the UK is an incredibly small country yet it attracts amongst the highest levels of immigration in the world. the supply of property is always restricted in the UK and that exaggerates price swings and ensures a recovery. Those more patient buyers from Arabia will find themselves well rewarded.