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Investment in Dubai Real Estate

January 9, 2010 Leave a comment

If you are planning to make any kind of investment now, then Dubai is the right place for it. The real estate industry, in the city is on a current boom, mainly due to the flourishing tourism business. Luxury properties, farmhouses, rental apartments, condos and villas are high in demand by tourists as well as local people who prefer to rent them out to the tourists and do some brisk business. Dubai investment options are at its best now, and any investment made will surely reap huge returns. However, it is important that you follow some guidelines before you decide to make any investment in properties in Dubai.

But why should you choose to buy property for investment in Dubai and not anywhere else in the world? What is so special about Dubai investment? Well, the answer is simple – properties in Dubai, offer you unimaginable potential in terms of growth. You can expect some of the best deals in properties in this city. Dubai is fast developing and so is the real estate scenario. Just look around and see the enormous rate of construction that is being carried out in the city.

Can anyone buy property in Dubai? Yes, you can! Any one can purchase properties in Dubai. You may be a local resident or staying somewhere else, but you can still buy property in Dubai.

Dubai investment financing options:
If you are thinking about financing options in Dubai, then you need not worry much, especially for home finances. Most of the developers offer excellent finance options for the buyers. Though these packages may differ from one financier to another, yet they are designed in such a way that they fulfill your purpose.

If you are thinking of some fabulous Dubai investment with good returns and do not wish to use your investment for residential purposes, then your best option can be to make an investment in Condo Hotels. These are one of the very high demand properties that are available in Dubai. Condo Hotels are actually large, luxury hotels with a number of facilities that include restaurants, spas, fitness centers, and also concierge services. If you are an individual investor, then condo units are ideal for you because condo units are sold to individual investors only.

There are several advantages of choosing such condo units in Dubai, especially for long term investment purposes. You can use this condo unit as your second home when you are on a visit to Dubai and enjoy your stay at the place. You can choose the property as your vacation destination also for long term stay as and when you desire. You do not have to depend on hotel bookings in that case. If you are not using your condo unit for personal purposes, then you can rent out your condo unit to several tourists or local people and enjoy the sustained inflow of rental income. This Dubai investment will surely help you to reap good benefits in the long run.

If you are interested in Dubai investment without wasting anytime on second thoughts do make your investment and be a part of the booming real estate scenario of the city. You will surely not regret your decision.

Dubai Business Bay

January 6, 2010 Leave a comment

As well as being a center for tourism in the Middle East, Dubai is of course also one of the world’s most important business cities. It is therefore equally important for the Dubai travel industry to feature developments for the sake of business as it is for tourism purposes. The latest business development in the region is Business Bay, a dedicated central business district which will find its home when completed in Dubai Creek. The idea is to strengthen Dubai’s position as a commercial and business center globally.

The ambition of the development is clear. It will cover a total area of 64million square feet and feature office towers and residential buildings is landscaped gardens against a backdrop of roads, pathways and navigable canals, allowing access via a number of methods. Far from the standard business district, the Business Bay development will be stunning to look at as well as beneficial to business. It will be the ideal location for businesses looking to establish themselves in the Middle East.

The idea behind Dubai Business Bay is inspired by the business districts in New York and Tokyo respectively – Manhattan and Grinza. The location of this development in Dubai Creek is symbolic as well as logistical, with the Creek having been the location for the first major development in 1973 which launched Dubai as a potential business city. Less than 40 years later, the completion of Business Bay will nail down Dubai’s position as one of the world’s most important business cities, as well as being another center for Dubai travel.

Dubai Investments

December 30, 2009 Leave a comment

Dubai attract not just tourists or people who want to spend their holidays in this attractive and exotic place. Dubai attract moneymakers, bank owners, all kind of businessman etc. from all around the globe.

It is almost sure that if you invest in Dubai in almost any way you can loose your invested money. Even if you buy only a small piece of the land or you invest in a factory, open a restaurant, bar or a even a tobacco shop. Dubai is a great place to invest in and it will certainly bring you the amount of money that you were dreaming in return. It is true that it is hard and very expensive to buy a part of the land for making any kind of real estate but it is worthy. That is why the owners of hotels, markets and even travel agencies got richer than they were.

If you decide to invest in Dubai it would be good for you to know some economic topics about Dubai. Dubai investments or domestic products as it is wrote in Wikipedia says that in year 2005. The income and investing was 37 Billion US$. So, if you have the courage to count the money investment in Dubai for this year, than go ahead. You can collapse while counting in billions of US$.

It is a well know thing that Dubai’s economic power is not only in tourism but also lies in the oil industry as well. Dubai investments includes the natural gas too. The oil makers and the oil factory owners produces 240,000 barrels of oil daily. The Dubai real estate and construction is 22.6%, trade is 16% and financial services are 11%. These are the largest economic contributions  of Dubai. This information is taken from Wikipedia the free online encyclopedia.

Dubai has a free gold trading market too. But the most important Dubai investment, of course if you are not oil maker, is tourism. The best touristic destinations in Dubai are the wonderful Hotel Burj Al Arab, the biggest and most expensive hotel  in Dubai and the famous palm tree islands, which are one of the most costly Dubai investment.

In all of the real estate projects is invested very much money, but when you look at the prices of the hotel rooms and their service you can see that shortly after the project is finished and the location opened the money started to come back to the owners account.

So, if you want to become a new Dubai investor, count your money and imagine the location for your investment. Within time you certainly will become a billionaire.

Dubai Jobs

December 22, 2009 Leave a comment

Dubai is the center of modern luxury tourism and finance. Because of this fact people who visit Dubai wish to prolong their vacation and also consider of living and working in the Emirates. After a Dubai travel it is very hard to return to the normal life and continue our everyday lifestyle. It is very tempting to know that we can stay, live and work in the luxury capital of the world.

There are many positions available to the foreign people who wish to work in Dubai. The common term used to describe these kind of people is expats. Expat is the abbreviate from the word expatriate, and it used to describe the people who live and work in a foreign country. There are a lot of expats living and working in the United Arab Emirates, but the people prefer to stay in Dubai because of its prestige.

After a trip to Dubai people fall in love with the city’s luxury lifestyle and they dont want to leave. The only way to stay is to try to find a job and lodging. There are a large variety of positions available for the expats in Dubai. The easiest way to find a job is through a recommendation from an expat who is already working in Dubai. Another way of finding a job is browsing the classified ads.

The classifieds are easily reachable with the help of the internet, all we have to do to type in the words Dubai, work in our favorite search engine. We will get tons of results and it is up to us to choose the right job which meets our demands and qualifications.

In the case of Dubai jobs it is not uncommon that the employer provides a place to stay for his employees and pays for the food and other expenses. But if this is not the case we will have to find an apartment of our own. The ads are again the easiest answer.

The positions available for expats can cover a wide range. The jobs can be very easy, mostly physical work, that needs no qualifications or it can be very stressful, difficult, and can require a degree. It is our task to choose the right one which meets our qualifications. They can vary from junior staff to management positions. We must consider the plus expenses too, it is always wiser to take a lower wage job with paid apartment and expenses, than the higher wage with no extra features.

After getting a job and an apartment we can rent a car to drive around the city. All we need is an international driving license. We must remember that the Emirates are a Muslim country and they have a zero tolerance towards the drivers under the influence of alcohol or drugs. Also alcohol is not available in stores only in hotels and nightclubs.

After visiting and deciding to live and work in Dubai we can make our dreams come true.

Dubai Property

December 21, 2009 Leave a comment

The United Arab Emirates are located in the Persian Gulf and they are a combination of seven emirates. Emirates are smaller city/states which together form the United Arab Emirates. One of these emirates is Dubai, the center of finance and luxury tourism.

As the leader of business and finance Dubai is one of the most developed cities in the region. The city and its lifestyle are very tempting to its visitors and the tourist are often considering to stay and work in the United Arab Emirates. There is a wast number of possibilities for foreign people to get a job and start a life in Dubai. There is a common term for the foreign workers in Dubai, they are called expats. The word expat is a shorter for the term expatriate and it means that a person is working somewhere else then his own country of birth.

There are a large amounts of expats living in Dubai. The new workers at the start of their new lives rent their apartments but if they decide to stay longer they might want to consider to buy their own property.

The prices of Dubai property are very high accordingly to the very high standards of the city itself. The cost of life is also one of the highest in the region. The new fact that will help more people to buy property or invest are the new six months visas. These visas will help the investors from the region of India, Iran and Russia to invest in Dubai property. But the government limited the visas to six moths to prevent a flood of immigrants. Also to visa is directly connected to the value of the owned property, there is a minimum value we must meet. This minimum value is one million AED.

The next condition for the new visa is the proof of salary. Everyone who applies for the visa must have a proof that they earn a minimum salary of 10,000 DH.

There is a large number of people migrating to Dubai. These people come from the surrounding emirates. They have a tendency to relocate as the prices of rent rise or fall. When the rent prices are high in Dubai they relocate and when the prices fall down they migrate to Dubai.

Dubai is the touristic center and it is specialized in high class, luxury tourism with world class attractions. For every tourist a Dubai travel is an adventure if a lifetime. When they experience a true Dubai luxury vacation they tend to think about relocation and life in the United Arab Emirates. The first is to get a job and then a place to live. The Dubai property market is very developed and we can find something interesting in every price range. We must consider the fact that Dubai is one of the wealthiest cities in the world and prices are accordingly high. The prices of property are very high and Dubai is known as a very expensive city to live in.

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