Property In Dubai

Property in Dubai
Dubai is a city that offers the magic of Arabia in a ‘state of the art’ setting. Developing at a rapid pace it is one of the leading holiday and tourist destinations in the world. Positioned between several continents, its distinctive blend of cultures makes a visit to the city a stimulating experience. Although compact, it offers the best in hotels, facilities, leisure activities and shopping opportunities and is a fashionable destination for corporate events due to its location and world class business environment. As one of the most sought-after real estate destinations worldwide, investing in property will see a high return.
Dubai is one of the most modern and progressive Arabian states open to the West. Tourism is the fastest growing industry here, fashionable as a tourist destination due to its range of activities and shopping, over four million visited the city last year alone. The amount of expected visitors for 2010 is estimated at over fifteen million and with the majority of hotels of a luxury standard with prices to match and nearly 100% full all year around, there is a high demand for alternative accommodation.
Recognized as the main trading centre for the Middle East due to its excellent strategic location, international corporations are opening up their regional offices here. Many new developments offer high tech facilities for businesses, such as Dubai International Financial Centre, Internet City and Media City. Dubai is the perfect location to do business, not only for its tax free benefits but also its proximity to Central Asia, the Middle East, the Eastern Mediterranean, Africa and the Asian Subcontinent. These regions are potential business goldmines as there are more than two billion people located here.
Since the government allowed foreign ownership of properties in particular areas of the city, overseas ownership has increased significantly. The government encourages overseas property investment by tendering attractive deals to investors. When it can be as much as 40% cheaper to buy a property than to rent, most people opt to buy.
With international companies setting up offices here, employment has risen, Dubai now attracts trained professionals and expatriates for better employment prospects, tax free high salaries and a higher standard of living. This has produced a long-term demand for property in the city.
The government have invested $40 billion dollars into the real estate market in an attempt to meet the demand for property. Dubai has already received international attention for its pioneering real estate projects and extensive construction and real estate developments are underway throughout the city. Estimates are that even with the amount of ongoing building work, it will be approximately another five years before the level of supply can be met.
Dubai’s population and economy is increasing at an unbelievable pace and has an average 8% growth in annual GDP.
Dubai’s need for property has led to high rental yields. Although there are many developments in progress, demand for rentals in the business and residential sectors are still unable to be met. Buy-to-let investors are profiting from high rental yields in addition to their already high expected investment growth.
Demand for property in Dubai is at its peak; with developers unable to match the levels of demand property prices are high. Expatriates and other residents earning high tax free salaries have the ideal opportunity to purchase a property of quality for relatively low prices compared to international properties. Low purchase and sales costs encourage overseas investors to Dubai and with banks providing mortgages to overseas buyers it makes more sense for investors to buy rather than rent. The population growth shows no signs of slowing down and Dubai property investors can be highly optimistic in future growth prospects for investment properties.
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Suburbia - Two bedroom Apartments In Downtown Jebel AliAED2,236,000Suburbia offers a range of one, two and three bedroom apartments as well as two, three and four bedroom duplexes. Thoughtfully planned, Suburbia offers residents tastefully chosen furniture and finishing’s and elegantly designed interiors. Located in the buzzing urban centre of Downtown Jebel Ali, Suburbia genuinely offers you a home with a soul. >> view detail
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Suburbia - One Bedroom Apartments In Downtown Jebel AliAED1,655,000Suburbia offers a range of one, two and three bedroom apartments as well as two, three and four bedroom duplexes. Thoughtfully planned, Suburbia offers residents tastefully chosen furniture and finishing’s and elegantly designed interiors. Located in the buzzing urban centre of Downtown Jebel Ali, Suburbia genuinely offers you a home with a soul. >> view detail
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Parkside - One bedroom apartments in Downtown Jebel AliAED 1,654,000A home away from the hustle and bustle of city life. Parkside is a modern architecture with two buildings connected by a common podium and highlighted by picturesque well-planned lush green spaces between the buildings. A cozy abode with calm and soothing surroundings, you’ll enjoy living in a home where luxury and beauty reside in perfect harmony. >> view detail
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Madison Residences - One Bedroom Apartments In MajanAED 1,486,000The Madison Residences offer a range of studio, one and two bedroom apartments, all of which are tastefully finished to offer residents the luxury lifestyle they desire. With top class retail outlets and a state-of-the-art gymnasium also in the development, the Madison Residence offers a luxury lifestyle in modern day Dubai. >> view detail
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Lincoln Park - Studio Apartments In Arjan In DubaiAED1,014,000Lincoln Park is a unique development of 7 low rise buildings which have been inspired by Chicago style architecture. A mixed use development, Lincoln Park will offer a wide range of studio’s and one bedroom apartments as well as a number of retail units. >> view detail
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Madison Residences - Studio Apartments In Majan£158,360The Madison Residences offer a range of studio, one and two bedroom apartments, all of which are tastefully finished to offer residents the luxury lifestyle they desire. With top class retail outlets and a state-of-the-art gymnasium also in the development, the Madison Residence offers a luxury lifestyle in modern day Dubai. >> view detail
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Lincoln Park - One Bedroom Apartments In ArjanAED 1,512,000Lincoln Park is a unique development of 7 low rise buildings which have been inspired by Chicago style architecture. A mixed use development, Lincoln Park will offer a wide range of studio’s and one bedroom apartments as well as a number of retail units. >> view detail
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Burjside Boulevard - 2 bedroom apartments in Burj Dubai districtAED 8,067,000Burjside Boulevard is a 36-storey spectacle, with 3 levels of podium and 1 level dedicated to leisure, all offering uninterrupted views of the bustling Business Bay and Burj Dubai. A life of fine choice customised for the connoisseurs of contemporary living, the tower offers contemporarily opulent three, two and one bedroom apartments with a fully equipped kitchen. Burjside Boulevard offers a lifestyle investment personalised to your high standards. >> view detail
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Burjside Terrace - Studio apartments in Burj Dubai districtAED3,223,000Burjside Terrace blurs the line between service apartments and luxury hotels. Located in the ‘platinum’ square kilometer of Burj Dubai District , Burjside Terrace is the epitome of quality living, and the pinnacle of lucrative investment opportunities. >> view detail
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Burjside Terrace - 1 bedroom apartments in Burj Dubai districtAED4,593,000Burjside Terrace blurs the line between service apartments and luxury hotels. Located in the ‘platinum’ square kilometer of Burj Dubai District , Burjside Terrace is the epitome of quality living, and the pinnacle of lucrative investment opportunities. >> view detail
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Burjside Terrace - 2 bedroom apartments in Burj Dubai districtAED6,771,000Burjside Terrace blurs the line between service apartments and luxury hotels. Located in the ‘platinum’ square kilometer of Burj Dubai District , Burjside Terrace is the epitome of quality living, and the pinnacle of lucrative investment opportunities. >> view detail
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Business Place - Office space in Downtown Jebel AliAED2,677,000Business Place is a 17-storey ultra modern architectural design with spectacular settings that ensure you enjoy every moment of being away from home. An ideal office address with views of wide-open spaces, energetic landscapes, buzzing surroundings and activities completely redefine mundane work atmosphere. >> view detail
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Business Tower - Office Space In Business BayAED4,981,000A symbol of dynamism and growth, the Business Tower at Business Bay is a signature commercial building which stands out among the others. An innovative office design with leading edge sustainability, the form of the tower is in direct response to the path of the sun as it moves around the building thus encouraging maximum natural light into the office. Contributing to the perfect balance of light is an exterior layer of translucent screen and solar shading, which keeps away harsh glares and ensure soft filtered light into the office. >> view detail
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Capital Square - Office space in Downtown Jebel Ali£450,669Capital Square in Downtown Jebel Ali is an office space that’s in the heart of New Dubai. A splendid contemporary architectural design that is ground plus 17-storeys tall and offers vistas of wide-open spaces, vibrant greens and buzzing surroundings. >> view detail
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Emirates Gardens 2 - 1 bedroom apartments in Jumeirah VillageAED1,737,000Emirates Gardens 2 is located in Jumeirah Village South. A new freehold residential development centrally located near Dubai Media City, Dubai Internet City and Jebel Ali Freezone. The location is central yet so serene. A warm, friendly, peaceful and secure neighbourhood, with everything residents need to feel right at home. A self-sustained, diverse community where every need and every joy is well within reach. >> view detail
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Emirates Gardens 2 - Retail units in Jumeirah VillageAED5,265,000Emirates Gardens 2 is located in Jumeirah Village South. A new freehold residential development centrally located near Dubai Media City, Dubai Internet City and Jebel Ali Freezone. The location is central yet so serene. A warm, friendly, peaceful and secure neighbourhood, with everything residents need to feel right at home. A self-sustained, diverse community where every need and every joy is well within reach. >> view detail
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Green Park - One Bedroom Apartments in Jumeirah VillageAED1,351,000Green Park is a truly beautiful residential development (two buildings forming a development), in a delightful combination of buildings. Each ground plus 4-storeys. A sensational investment blessed by a beautiful living experience. A quiet serene life, yet close to the city. >> view detail
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Lago Vista - Two Bedroom Apartments In IMPZAED3,425,000Lago Vista offers a range of studio, one and two bedroom apartments, with a unique floorplan which affords you panoramic views of the surrounding landscape. Each apartment has been tastefully designed and painstakingly finished, with every detail breathing luxury and the ultimate convenience. >> view detail
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Lincoln Park - Retail units in Arjan in Dubai.AED2,426,000Lincoln Park is a unique development of 7 low rise buildings which have been inspired by Chicago style architecture. A mixed use development, Lincoln Park will offer a wide range of studio’s and one bedroom apartments as well as a number of retail units. >> view detail
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Ocean Heights - 1 bedroom apartments in Dubai MarinaAED4,056,000Offering a choice of 1, 2 and 3-bedroom luxury condominiums, Ocean Heights is one of the most exclusive contemporary waterfront addresses in Dubai Marina, designed for the most discerning individual seeking a lifestyle of luxury and pampering. >> view detail
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Ocean Heights - 3 bedroom apartments in Dubai MarinaAED10,313,000Offering a choice of 1, 2 and 3-bedroom luxury condominiums, Ocean Heights is one of the most exclusive contemporary waterfront addresses in Dubai Marina, designed for the most discerning individual seeking a lifestyle of luxury and pampering. >> view detail
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Park Tower - 1 bedroom apartments in DIFC, Dubai.AED4,641,000A two-tower residential project in the heart of DIFC with freehold facility for UAE nationals and expatriates. Each tower is 30 storeys high, and offer approximately 432 exquisitely designed one, two and three bedroom apartments. >> view detail
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Park Tower - 2 bedroom apartments in DIFC, Dubai.AED6,122,000A two-tower residential project in the heart of DIFC with freehold facility for UAE nationals and expatriates. Each tower is 30 storeys high, and offer approximately 432 exquisitely designed one, two and three bedroom apartments. >> view detail
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Park Tower - 3 bedroom apartments in DIFC, Dubai.AED9,424,000A two-tower residential project in the heart of DIFC with freehold facility for UAE nationals and expatriates. Each tower is 30 storeys high, and offer approximately 432 exquisitely designed one, two and three bedroom apartments. >> view detail
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The Crescent - Studio apartments in IMPZ, Dubai.AED1,164,000A three tower masterpiece surrounded by lush green gardens and magnificent blue waters providing an eco-friendly environment. The Crescent features one and two bedroom apartments as well as studios. With a unique floor plan that affords you panoramic views of the surrounding landscapes and picturesque lake. >> view detail
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The Crescent - Two bed apartments in IMPZ, Dubai.AED2,534,000A three tower masterpiece surrounded by lush green gardens and magnificent blue waters providing an eco-friendly environment. The Crescent features one and two bedroom apartments as well as studios. With a unique floor plan that affords you panoramic views of the surrounding landscapes and picturesque lake. >> view detail
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Tuscan 2 Residence - Studio apartments in Jumeirah Village, Dubai.£1,110,000
A truly beautiful development (two buildings forming a development), Tuscan 2 is a delightful combination of buildings. Each ground plus 4-storeys. A sensational investment blessed by a beautiful living experience. A quiet serene life, yet close to the city. High on quality yet low on investment. This is art at its finest. >> view detail
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Tuscan 2 Residence - 1 bedroom apartments in Jumeirah Village, Dubai.AED1,550,000A truly beautiful development (two buildings forming a development), Tuscan 2 is a delightful combination of buildings. Each ground plus 4-storeys. A sensational investment blessed by a beautiful living experience. A quiet serene life, yet close to the city. High on quality yet low on investment. This is art at its finest. >> view detail
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Tuscan 2 Residence - 2 bedroom apartments in Jumeirah Village, Dubai.AED3,326,000A truly beautiful development (two buildings forming a development), Tuscan 2 is a delightful combination of buildings. Each ground plus 4-storeys. A sensational investment blessed by a beautiful living experience. A quiet serene life, yet close to the city. High on quality yet low on investment. This is art at its finest. >> view detail
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