Posts Tagged ‘Dubai’

Phenomena of International Real Estate

Wednesday, January 7th, 2009

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.

Buy a Property in Dubai and Win a Private Island or a Private Jet

Friday, December 12th, 2008

The title of this article must have left you wondering how a property in Dubai can win you a private island or a private jet. But this is absolutely true and you have read the title correctly, Damac Properties - the largest private master developers in the Middle East have announced an amazing offer keeping in mind the forthcoming Dubai Shopping Festival.

You will get an Bentley or BMW car with every residential, retail or office property you purchase from Damac Properties. All property buyers will be entitled to a Bentley or BMW car free of cost depending on the type of property purchased. You can also opt for rebate in lieu of the car.

If you buy a studio or one bedroom apartment, office or retail units then you are entitled for a brand new BMW 1 series or you can get a rebate of 60,000 AED in lieu of the car. If you buy two, three or four bedroom apartments (including duplexes and penthouses) then you are entitled for a brand new BMW 3 series, in case you prefer otherwise you can get a rebate of 80,000 AED in lieu of the car.

Damac Properties are offering a brand new and luxurious Bentley Continental Flying Spur on purchase of their Signature Series duplexes and penthouses or you can avail a rebate of 625,000 AED in lieu of this car.

Stunned after reading the above, now take this unbelievable offer. Even I could not believe this, on purchase of a residential/ office/ retail unit in any property in Dubai during the promotion period (24th January 2008 to 24th February 2008), all eligible buyers shall get an entry into the mega and grand draw (one coupon entry for unit value of AED 750,000 and multiples thereof).

You must now be wondering what are these grand and mega prizes after all, hold your nerves because this might increase your heart rate. Damac Properties are offering an Eclipse private Jet as the grand prize and a private Island in Pelican Caye, Caribbean Sea. Still lost in the dreams of flying in your private jet or holidaying with your family at a private Island in the Caribbean Sea.

According to real estate experts this surely is the biggest offer in Dubai real estate market till date. Damac Properties is the first name that comes to anyone’s mind when we talk about any Dubai Freehold Property or Dubai Investment Property.

Manhattan Style Living Now in Dubai

Thursday, December 11th, 2008

Dubai, the land of extraordinary architectural developments, breathtaking designs and luxury, is once again back with a piece of artistic mastery. Dubai takes urban architecture to new heights.

In the first half of the twentieth century, buildings such as the Woolworth, Chrysler and Empire State both amazed and served some economic function. Each in some way larger, taller or more fantastic than the other, these structures captured the commercial, aesthetic and architectural aspirations of their time. The 20th century architecture of Manhattan is still popular world over.

Madison Residences in Majan, Dubai has recaptured that astounding architecture of 20th century Manhattan. A drive through the marvelous Majan and you’ll definitely stop to admire this diverse and unique architecture. Madison Residences exemplifies the artistic mastery of early 20th century Manhattan style of architecture, thus breaking away from the monotony of glass paneled buildings of today. A cluster of 4 low-rise buildings, the exteriors are truly a visual delight and set a hallmark of excellence.

Madison Residences takes pride of both the 20th century Manhattan architecture and 21st century modern facilities. When you feel the need to rejuvenate, go for a relaxing swim or a nice workout at the gymnasium. At Madison Residences you’ll find just what you need to keep the whole family healthy and fit. Go on and relax at the end of the day and refresh yourself for the next. You can also go to any of our wide range of restaurants and cafés. Situated in a location with endless mix of day and night activities that would appeal to the widest segments across genders and age groups from all over the world, Madison Residences is also close to the Jebel Ali Airport, the Arabian Ranches, Dubai Sports City as well as the hip and happening Mall of the Emirates.

•State-of-the-art gymnasium
•Swimming pool
•Roof garden
•Reception desk
•Retail on ground floor
•Restaurants and cafés

According to real estate experts Madison Residences in Majan will set a new benchmark in Dubai Real Estate. What’s more you can also be sure of the quality and timely possession as this is the newest offering from Damac Properties, the largest private master developers in the Middle East. Damac Properties is the first name that comes to anyone’s mind when we talk about any Dubai Freehold Property or Dubai Investment Property.

Dubai, the Land of Extraordinary Architectural Developments and Breathtaking Designs

Wednesday, December 10th, 2008

Dubai, the land of luxury, extraordinary architectural developments and breathtaking designs is truly an international hotspot for property. One such example of architectural brilliance is world’s only 7-star hotel situated in Dubai.

Following are two of the most promising residential properties showcasing the architectural intelligence Dubai is famous for.

Lake View:
Lake View is an exclusive 40-story waterfront residential property of Jumeriah Lake Towers. It offers freehold ownership to people of all nationalities. Designed by a team of international architects and specialized consultants, the tower commands immediate attention and admiration as it soars distinctly above the lake community.

Located at the edge of the project’s signature lake and designed to maximize views from each window, each apartment at lake view looks out on to the central lake and the neighboring islands, gardens, waterfalls and promenades.

Lake View offers contemporary furnishings, the latest amenities and a cosmopolitan outlook are the key highlights of the apartments at Lake View and many of them are attached to walkout balconies. The bedrooms have also been designed to accommodate a variety of bed configurations and many of them are outfitted with private en-suite bathrooms.

The Crescent:
A 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.

Every home has been tastefully designed with luxury as well as ultimate convenience in mind. State-of-the-art accessories used as well superior woodwork and joinery is a testimony to your refined elegance.

Far from the crowd, creating its own comfortable cocoon lies The Crescent. It is a balanced world of state-of-the-art facilities within a thoughtfully developed eco-friendly environment, just off the Emirates Road.

Offering conveniences of a master-planned community from shopping centers and restaurants to recreation facilities like an amphitheatre, sports grounds and full-fledged fitness clubs.

Dubai is the destination of tomorrow. And dynamic tomorrow is where Dubai is headed. When you make a home of yours The Crescent, you are ensured a part in the future. Damac will help you arrange financing options and with easy payment schedule.

Damac Properties are the largest private master developers in the Middle East offering the most luxurious and exclusive residential and commercial Dubai Real Estate, Dubai Freehold Property and Dubai Investment Property for sale.