Real Estate Development in UAE

Real estate development within the UAE has witnessed significant growth in the past few years, and has become the most active property market in Gulf countries.
A strong economy has attracted investors and professionals from around the world to the region, therefore increasing the country’s population and thus affecting the demand for more real estate development in the UAE, resulting in projects worth more than $ 4 billion.
The emirates of Dubai and Abu Dhabi boast some of the world’s most innovative and stunning developments, attracting expatriates and tourists from all over the world. The northern emirates are too, are also benefiting from the upsurge of the economy within the region and are also taking off in terms of real estate development.
Ajman Umm Al Quwain and Ras Al Khaimah, all offer viable, investment opportunities for future growth and significant returns.
This rapid upward trend in the UAE is showing no sign of slowing down, and is expected to increase further within the next few years.

How to Decorate Rental Apartment

For those at present living in rented apartments in Dubai, the choices for decorating your living space in a way that is private to you is a bit difficult. Because you are controlled in doing what you want, you will therefore never quite feel like in your own home. For instance, the apartment you have rented with be colored in white and thus, residents often feel like being a sort of traditional place, where there isn't much modernization or decoration done. The impersonality that such places convey force the person living in the apartment to have to settle with those options and thus frustration might arise. Because of the existing restrictions and the fact that there might be stipulations in the contract, your hands are practically tied from doing any kind of decoration.
Those living in rented apartments should cautiously read the guidelines in the agreement for any kind of stipulations, obligations or fees to be paid if you are taking into consideration to redecorate a slight your living space. Make certain you carefully read through the contract because doing things such as decoration, installing or shelving things might not in fact be allowed at all and thus you would find yourself in a dangerous situation. Decorating in whatever manner your living space may make you liable to paying some fees for having done so, therefore it is best to assess the costs involved and make sure the contract doesn't terminate itself once you tread in the wrong place.

Sports City in Dubai An Amazing Place to Live

Nothing seems impossible for the steady and hyper-active Dubai developers whose work has won the emirate the title of ‘the city of superlatives’. Adding strength to this title is the Dubai Sports City project - the world’s first purpose-built residential sports city. Sports fanatics view this unique development as a dream-come-true. This $4bn mega project offers state-of-the-art facilities for not on only playing and watching, but also for learning, which is good news sports newbies.

Dubai Sports City spans 50 million square feet of land within the Dubailand development. The main attraction of the gigantic project is an 18-hole golf course, meticulously designed by golf legend Ernie Els himself. The Ernie Els Club, opened recently amid great celebrations, is the first venue of the project to be completed. The club, Els’s first in the Middle East, is considered his finest work to date, by golf lovers and by himself too.

But golf is just one of the various sports facilities that Dubai Sports City houses. Catering to all sports tastes, the City offers: a 25,000 seat cricket stadium; a 5,000 seat hockey stadium; a 10,000 seat indoor arena for hard court sports and ice skating competitions; and topping it off, a huge 60,000 seat outdoor stadium for football, rugby and field events.

As for sports neophytes, Dubai Sports City will boast world-renowned sports academies including the world’s first purpose-built Manchester United Soccer School, International Cricket Council’s own ICC Global Cricket Academy, the first Butch Harmon School of Golf outside the US, the first-of-its-kind World Hockey Academy and a David Lloyd Tennis Academy.

Dubai Real Estate Properties

Since the Crown Prince of Dubai made modifications to the constitution of Dubai some five years ago to allow for the foreign freehold ownership of real estate in Dubai, there is no doubt that the real estate market in the city has gone crazy!

Everyone interested In Dubai Property Market


As there is no tax being applied on income or property transactions in Dubai, everyone wants a piece of the property market. In addition, when one takes into consideration the popularity of Dubai with number of multinational companies, there are plenty of jobs in Dubai as well. Therefore, professionals also want to shift their base to Dubai

Intense Demand Of Dubai Real Estate Properties


Demand is so intense in Dubai that property prices have been increasing appreciably. The question now arises: Is it still possible to profit from real estate in Dubai? The answer is yes, but for that to happen, you must understand the market first. In other word, research what kind of properties are in demand from which people, and which people are willing to pay top dollar for rental and resale property in Dubai. Once you implement this process, you just require targeting your property buying to meet the needs of your market!

Longer-term Real Estate Investment


Those who are interested in a longer-term real estate investment opportunity in Dubai, they must opt for family villa accommodation. It has come into the notice that family villas are as much in demand as completed apartments. Point to be noted here is that only small number of these is being build.

Dubai Living

The huge mass of human beings led to the need of residential place in form of hotels and Apartments in Dubai that resulted in the growth of real estate property in Dubai. currently Dubai has all famous chains of hotels and every big builder from the world in real estate industry.
One may have two options for owning an apartment in Dubai; one can either hire or permanently buy them as according to his requirement. For renting one can opt either any of one from apartments, hotels, hotel apartments and villas on short or long term basis as one's requirement and budget. Renting of a furnished apartment on self catering terms is relatively cheaper choice than a hotel to stay when a tourist plan to stay in Dubai for a longer period of time, if compared to a holiday package. Dubai Marina is a good place with a cosmopolitan feeling for apartments in Dubai for foreign tourists.
As for buying, an agent can help you in finding, researching, investigating and buying a real estate of your choice within budget. The most preferred location to buy a property in Dubai are Deira, Arabian Ranches, Business Bay, Jumeirah, Meadows, Dubai Marina, or the Golden Beaches, Dubai Palm Island, The Springs, Emirates Hills,etc.

Dubai, An Ideal Place for Real Estate Investment

Geographically speaking Dubai is the ideal location for interested investors in real estate. Dubai’s Real estate market is enormous, as people from all around the world are keen in investing in the property market of Dubai. Real estate sector is the top priority of Dubai government as this is key for brining huge profits and foreign investment.
In Dubai you have plenty of options in terms of real estate investment. For example, there are villas, hotels, and ultra contemporary homes on the water, , studio apartment, offices and Plenty more. So if you are looking for a property for business or a home, you will find that there are plenty of choices available in the Dubai real estate market. Real estate experts believe that most of the real estate investors in Dubai are working on the idea of buying property at present and selling it in future when the property value will increase significantly thus making enormous profits.
If you wish for investment in a real estate property then Palm Island in Dubai is the place for you. Dubai Marina, Dubai Complex, Dubai Waterfront and Business Bay are also quite extraordinary pieces of real estate properties to invest in Dubai. This investment is not only they profitable in terms of investment but also wonderful location to live a tension free life.

Ban on Shared Villas in Dubai Expands

News Source: www.ameinfo.com

The Dubai Municipality has announced that all parts of the emirate will now be covered under its 'one villa, one family' campaign, reported Khaleej Times. Hussain Nasser Lootah, Acting Director-General of the municipality, said the the eviction drive against villas that house more than one family would be enforced on tenants of all villas, irrespective of the areas they are located in or the stature of the villa.The campaign to ensure a healthy and hygienic living environment in villas.

What it Costs to Live in Dubai?

This is the question most frequently asked by all those planning to relocate to Dubai either for business, employment, or any other purpose. In many ways, cost of living in Dubai is almost similar to the cost of living in the UK, except that there’s no personal tax in Dubai. The giant economy of this rich Middle Eastern country is mostly fueled up by its petro-dollars. Booming businesses in Dubai have created a variety of job opportunities, turning Dubai into a greener pasture for job seekers around the world.

Put in simple words, living in Dubai is expensive! For food and drinks, Dubai relies mostly on imported products, which explains why eating and drinking is costly in the emirate. Water is expensive, so is wine and other beverages. Seafood is very popular among the locals but that also is very expensive as most of the seafood is imported from Australia. As for clothing, it costs fairly average as long as local products are used, since Dubai also exports clothing and textiles. But usually designer labels are rampant in malls which are very pricey.

Housing in Dubai is probably the most expensive of all deals. Owning property in Dubai is possible but the government is stringent about it. People usually prefer apartment rentals since they are cost-effective and easy to maintain. Healthcare services are subsidized by the government. Dubai also boasts one of the best transportation services in the world with its international airport serving nearly 30 million passengers a year, a new Dubai World Central International Airport and the Dubai Metro.

Dubai has also excelled in education and is home to 88 public and 132 private schools. Some of these schools are affiliated with renowned universities of the west.

Relocating To Dubai

Every year, Dubai sees an overwhelming 200,000 plus surge in the numbers of its residents. Most of these newcomers relocate mostly for employment and business reasons. More often than not, the movers are abetted by their employers in taking up a suitable residence and accommodation.

But first things first. For getting entry to Dubai, you’ll need a visa if you’re not a national of one of the GCC countries. A visitor’s visa is usually granted without much hassle to a majority of nationalities. The validity of this visa is 60 days that can be extended up to 30 days for a nominal fee.

However, if you plan to move to Dubai on a permanent basis, you will require a residency visa. If your relocation is for employment purpose, your employer may sponsor your permanent visa. In other cases, your residency visa can be sponsored by any of your family members who stays in Dubai as a permanent resident. Another great option for the well-off ones is to purchase real estate in Dubai because property ownership will enable the proprietor to apply for the residency.

Another concern all the relocating people may have is the cost of living in Dubai. Being a Persian Gulf relocation hotspot, the cost of living in Dubai is still quite low as compared to its western European counterparts such as Bulgaria, Belize and France. Everything from housing, food, clothing, electronics, utilities, transportation etc is still within reach of the average earner in Dubai. So a decent lifestyle in Dubai has not yet become unattainable if not very cost-effective for most of the residents.

To Buy or Not To Buy? – Dubai Property Concerns

It’s not a baffling question for just the permanent residents of Dubai. With the continuous and rapid surge in Dubai’s population, a substantial proportion of which consists of expats and temporary residents living in Dubai for employment reasons, the question of buying or renting a residential property in Dubai is the talk of the day.

Both the potential tenants and home buyers may be troubled by the question. But still reports on Dubai real estate say that the changing picture of global financial markets shouldn’t deter the locals from buying Dubai property if their plan is to stay there over the couple of years. As for those who plan to stay in Dubai for more than five years, buying a property ‘now’ can prove to be the wisest decision they ever made given the prices of Dubai property climbing higher and higher with each passing year.

But the option of buying real estate in Dubai doesn’t suit everyone. Most of the younger expatriates are not financially sound, so in order to qualify for a mortgage they need stable jobs with sufficient salary. There’s no certain criterion for the assessment of one’s financial situation – it’s rather a self-assessment process.

Borrowing can be a not-so-good idea if you are in Dubai for a longer period than five years. A wise act should then be to sit and calculate the total rent you’ll pay during your long-term stay and compare it with the current price of the mortgage. At the end of the day, you may find out buying to be a far wiser choice than renting.