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Why choose to buy properties for sale in Dubai?

14 Jan

Availability of surplus choices has made real estate market more inevitable for conventional buyers and investors alike. Dubai property market possesses huge supply of diverse asset types including a wide select of residential and commercial units, which are available sale. Major types of assets available for sale include apartment, villa, resort, hotel, warehouse, and office and retail space. Besides offering plenty of options, State Government also implemented a legislation in year 2002 which is called Freehold Property law to facilitate foreign buyers as well. Hence, foreigners are allowed to buy properties in designated areas across the city; overseas buyers started searching for suitable Dubai properties for sale.

You are not short of options

Huge supply of fresh units and high profile developments is not only the single reason that helped to achieve the status of investment hot spot in the region of Middle East. Rather certain other factors are also involved…..Read more here.
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Checklist for buying Dubai villas for Sale

13 Jan

Being spotted among finest places to settle down on earth, Dubai is known to offer plethora of choices to cater lifestyle needs of its residents. From housing, career and education to entertainment and dining facilities, there is no shortage of opportunities. Luxury life style offerings have enabled this city to drag people attention across the world which resulted in unusual population mix of 80% expats and 20% local Emirati residents.

The true melting pot of diverse cultures is capable to proffer diverse comfortable accommodation options which are available for rent and sale. Irrespective of being foreign national, local UAE national or GCC residents, you can choose to buy residential property in Dubai. Despite there is a huge select of lodging units are available for sale, villas in Dubai becomes most preferred choice among buyers who need more space, privacy and comfort to accommodate their families. Below I am sharing a simple checklist which may help those who are looking to buy a villa unit for family accommodation…..Read more here.

Apartments for sale in Dubai-a simple investment

7 Jan

Soon after the discovery of oil reservoirs in mid of 1960s, United Arab Emirates started exporting petroleum products to earn GDP. Initially this territory emerged as largest oil based economy. Later with strategic planning and enthusiastic efforts of investors enable UAE to become business and investment hub in the region of Middle East. Especially, Dubai the second largest emirate among all seven showed exceptional progress in all sectors including business, trade, real estate and finance. The city also invested huge money to build up city infrastructure and real estate to facilitate residents.

Luxury lifestyle facilities, tax free business and investment opportunities, negligible crime rate and progressing economy enable this city to gain the world wide status of most desirable place to live or invest. Local and foreign entrepreneurs started considering investing in business and finance sectors in the city. Moreover, after the implementation of freehold property law, foreign buyers started thinking about investing in asset market. Surprisingly, they find real estate very simple to invest and earn profits. There are number of ways you can opt to invest in asset market. Real estate is very huge sector which is capable to offer several profitable opportunities for investors.  Among them all apartments for sale in Dubai turned out to be the simplest way to earn profits.

Wide select of units which are available for sale, include serviced/furnished studios, classic and hotel apartments. You can choose to buy the most suitable type to secure profits. Perhaps, you want to earn profits in long run. In this case you should go for renting…..Read more here.

What to consider before start hunting Dubai Apartments?

6 Jan

Professionals from all categories are now considering relocating Dubai to enjoy luxury and tax free lifestyle. Whether being investor, businessman or an expat worker you will essentially need some place to live. Firstly, it’s not possible to buy accommodation space even though you can afford. Booking a hotel room or serviced studio can provide instant solution for such individuals. You can straightaway move with your luggage as soon as you book them. It’s fine to choose such units for your stay to find immediate accommodation. However, later you need to search for proper residence for longer stay in the city. Dubai apartments are very famous among expats, as they are purposefully constructed to cater the musts for wide select of people with diverse needs. They proffer complete lifestyle accommodations for singles, couples and standard families. After considering your needs you can search to choose the best among the heaps.

Irrespective to the type of apartment you are looking for, it is suggested to sow some patience. Don’t just think to buy a residential property at first attempt. It’s better to consider renting first. In order to find the most apt unit for rent, you need to consider few important things even before you start hunting for apartments.
Below I have discussed few preconditions you should consider before initiate you rental property search in Dubai…… View complete article

 

Success tips for overseas real estate investors in Dubai

15 May

success imageReal estate sector has always been an important investment sector in Dubai. Having considered the profits and overall system transparency attracted investors across the world. Furthermore, the ease and potential of earning profits in shortest duration of time make Dubai property investments a lucrative option for overseas investors. After observing the interest of foreign investors, State Government also implemented freehold property law to enable foreign investors to purchase real estate assets with complete ownership rights. Despite profits of investing in overseas real estate markets, it could be difficult task for those who don’t have prior exposure of investing in real estate sector.

Foreign investors who are willing to invest in Dubai real estate sector can benefit them with following simple tips.

Identify your needs

Identifying the available budget before taking final decision of buying asset in overseas market is mandatory to avoid failure and credit lose in future. Whether being conventional buyer or professional investors, you need to estimate the total amount you can spend on air travel and accommodation. In case you are planning to visit the country or city. Besides this, you should also calculate the amount you can spend for agent fee. Obtaining mortgage is also important for everyone purchasing assets. Buyers must know the maximum amount of money they can lend.

Research

Take some time to research the market. Compare market value of asset with location and growth capability of area. It is nice to spend some time to research in finding the best professional organizations to deal with during purchasing investment property. This will allow you to buy best property apartment/villa at best price with future possibilities to earn profits.

Keep an eye on stock to know the market

Sign up to email alerts and feeds that match the type of property you want. This way you will get updates about available property deals in the market.

Go with reputable companies

Consider working with reputable real estate agencies with long working history in Dubai. Only the reliable firms can help you in finding the most suitable property to purchase. Avoid working with cowboy real estate agencies offering huge discounts on services and shortest processing time of paper work and agreements.


Avoid scams

Make sure you are dealing with legal property owner or an official broker/real estate agent authorised to sell the property. It is necessary to enquire about government registration of project developer. Check the Escrow account numbers and agreements with main project contractor to avoid scams.

Inspect the property

Inspect the property with real estate broker you are working with. Brokers are professionals and they can give you better advice about the investment property you are going to buy. It is advised to visit property before making any down payments.

 

Last but not the least, international investors must read contract before signing it. If you have some confusion about any point consults with lawyer.

Dubai Business and Luxury Lifestyle- fascinating expats than ever before

30 Apr

Year round sunshine, strong economical and political conditions have made Middle East a perfect place to relocate among Western expats. Especially, United Arab Emirates is on the top in the list of second home seekers belong to European countries. The wise leadership, high standard of living, world class retail and shopping facilities, smooth logistics and state of the art infrastructure facilities are captivating everyone across the world, who wants to improve his standard of living. Among all seven UAE Emirates, Dubai is recognized as the business and lifestyle hub of UAE and Middle East.

What are the things transformed Dubai in to hub city?

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Transformed from a local trading community, Dubai has become the third largest export hub with fourth largest airport in the world. Further the luxury lifestyle and retail choices are not only tempting for people as well as for entrepreneurs. Furthermore, the pro-business government policies, connectivity, strong logistic infrastructure, sound reputation of information and communication technology and leisure and entertainment are the other factors dragging everyone towards this city.

What Dubai has to offer for expats?

Being the most popular Middle Eastern city, Dubai has everything from abundance of job and investment opportunities, tax free style to luxury accommodation options for everyone living and working here. However, the emirate has already been the lifestyle and business hot spot in the region. But after winning to be the host for an international event of EXPO 2020, business scene has become more alluring among opportunity seekers. Foreign entrepreneurs who are willing to expand their business and investment profile started showing more interest to establish their business in Dubai.

 

Factors making Dubai fascinating

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Monetary Gains are the major offerings by Dubai, which are dragging more and more expats towards this city. Skilled professionals and industrialists are always showing great interest to flourish their career and businesses. Tax free earnings significantly increase the chances of earning handsome money even more than their native country. Besides this, bright career and promotion chances are always open for deserving candidates. What expats can enjoy working, investing and living in the city are higher salaries, lucrative pension schemes, considerable low interest rates on business credit cards and current accounts. Further it’s up to you how much you can save from your earnings.

 

Cosmopolitan Environment is another plus supporting expats living in Dubai. The emirate possess a unique mix of population with 80 % expats and 20% native Emiratis. If you know the Arabic it is well and good but English is spoken everywhere all over the emirate. There are no discriminations observed on the basis of race, religion and language. Skilled and qualified individuals are always welcome in every field.

 

 

 

Luxury Lifestyle facilities in residential and business sectors is enchanting everyone across the world even royals andinternational celebrities are feeling great buying residential properties in Dubai, whereas they also endorse commercial and leisure projects with their names. Moreover, wealthy individuals from Western countries showed strong interest in buying holiday homes in the city.

 

 

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Being the Host for Expo 2020 played a major role in enhancing the city image as the land of opportunities. Soon after winning the bid to host this international event, drastic boost is observed in tourism and hospitality sector. A huge number of jobs are expected to be created in travel, real estate, infrastructure and construction industries. According to estimates 277,000 jobs are created to cater the needs of visitors likely to visit Dubai during the event. This means job market is open and very favourable for skilled expats across the globe.

 

 

Despite fascinating expat workers, investors and businessmen, one has to carefully think about the cost of living in Dubai, which is tending to be high. But with proper financial planning it’s possible to combat and avoid financial crisis while living in the glitzy UAE city.

Top Three Middle East’s Leading Business Destinations

25 Feb

Middle East has simply become extraordinary and rewarding travel and tourism destination as it has revolutionized itself from undeveloped region to modern well developed region. West of Asia and North Eastern Africa are known as Middle East. It is not only a geographical term rather it also has political importance. British Military have created the term of Middle East in 19th century to separate Far East from Europe (the West). Geographically it is very important and it is used as strategic trade route between East and West extremes of the world. Despite of developing basic infrastructure, breathtaking skyscrapers and leisure and entertainment facilities, the region has rich history of diverse civilizations and religions of – Judaism, Christianity and Islam. The historic buildings and museums attract tourists across the world to visit. Being the trade route between Europe and Asia has revealed great opportunities for these Middle Eastern countries to become the most desirable business destination.

Establishment of World Travel Awards in 1993 is the great effort made in UK that rewards countries and cities across the globe for Excellency in all sectors of travel and tourism industry. World Trade Awards held every year on international and regional levels both. If you look over the nominations for this award you will find that Middle Eastern countries have been nominating for this award for international and regional categories both. For the year 2012 WTA nominated top cities of Middle Eastern Countries like Abu Dhabi and Dubai from United Arab Emirates, Amman (Jordan), Doha (Qatar), Kuwait City (Kuwait), Muscat (Oman) and Riyadh (Saudi Arabia). You must have heard huge debate about Dubai that it is the leading trade hub in the region due its tremendous economic growth and geographical location in the midway between the Far East and Europe. Moreover, it is adjacent to Saudi Arabia, just three hours away from India by air, four hours to North Africa and less than six hours from China, eight hours to Hong Kong and just seven hours away from European Cities like London and Frankfurt.  The city has already won WTA for the year 2007.  Abu Dhabi has also ranked on first position in year 2010 for WTA Award as regional Leading Business Travel Destination. This year previous winners of the Middle East region fail to gain first position for this WTA regional category. For the year 2012 Doha the largest city of Qatar become successful winner for WTA.

Middle East’s Leading Business Destinations

Despite of this fact that whole region of Middle East provide trade routes between East and west, they also have the great potential to become business destination as the region’s countries are now showing great progress in almost all business and technology sectors. Few remarkable Middle Eastern Countries that have shown significant progress in business and trade sectors to attract corporate travelers, foreign entrepreneurs and investors to establish their setups. Following are top three Middle East leading business destinations.

  • Doha, Qatar
  • Dubai, UAE
  • Abu Dhabi, UAE

Doha, Qatar

Doha, QatarDoha is the largest and capital city of Qatar. It is one of the modern and rapidly developing cities that have been continuously investing huge money to develop huge property developments and mega infrastructure projects to rebuild its image as premier cities in the Gulf region. Qatar started displaying real progress from 1995 when Hamad bin Khalifa Al Thani has taken power from his father and started working on programs to modernize country.  The city is known as the city of beautiful resorts and towers, IMF categorized Qatar among the world’s richest per capita nation. Developers have planned several extensive developments to progress this city. Doha Air Port, West Bay and Global Business Center are few famous commercial plazas in city. Foreign entrepreneurs who are willing to do business in Doha can establish their business choosing a suitable business model available for foreigners including joint venture, commercial agency,  branch of a foreign company and branch of a Qatari company.

Dubai, UAE

Dubai, UAEDubai, the second largest emirate of UAE has been continuously showing fast progress in business and finance sectors with aim to reduce its dependability on oil exports only. Developers and investors have successfully reshaped the emirate in to a business, travel and tourism city by developing business centers, worth seeing places and entertainment places. It has also win World Travel Award for year 2007. The cosmopolitan environment of the city welcomes entrepreneurs, holiday makers and tourists. The emirate is capable to provide suitable accommodation for all kind of visitors. It also supports foreign investors, businessmen and foreign organizations to launch their business in the emirate. Commercial centers are well equipped and provide state of the art facilities for all kind of businesses. The state government has also established freezones in specific areas that allow foreigners to do tax free business. Moreover, entrepreneurs can opt for suitable business type available in Dubai, which include public and private share holding companies, joint ventures, limited liability, branch and representative office for local and foreign companies and sole Proprietorships.

Abu Dhabi, UAE

Abu Dhabi, UAEAbu Dhabi is the capital and largest emirate of UAE producing highest amounts of oil and gas among all seven emirates. State government of this emirate has recognized the importance of other business and trade sectors and now focusing to improve city’s infrastructure and real estate sectors to provide ample space to local and foreign entrepreneurs to establish their offices in the emirate. After hosting of Formula 1 Eithad Airways Abu Dhabi Grand Prix reshape emirate’s image as an ideal sports tourism and business destination in the Middle East. Like other Middle Eastern countries, the city also supports several business models like public joint stock companies, private joint stock firms, limited liabilities, branch and representative offices, professional firms and free zone enterprises. The emirate has also won the World Travel Award for year 2010.

Choosing any of these Middle Eastern countries to establish your business will let you earn good profits, if you have carefully studied about the market and business trends of specific country. You will find that these countries have revised their business policies and welcome foreign entrepreneurs and investors to establish their business outlets in Middle East.