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Dubai is counted among the top ten costliest places around the world and its real estate market lines equivalent to other major markets like London, Tokyo, Singapore, New York City, Mumbai and others. This real estate market in Dubai is really growing fast and it seems to surpass other cities in the coming year. So, if you have any plans for investing in properties and real estate in Dubai, it is the right time and a noble decision.

Purchasing properties or real estate property in Dubai can be quite simple in some respects and quite difficult in some others. If you start your search, you will find listed properties in the internet, newspaper classifieds, or other sources. That makes things complicated and you cannot organize the data. Therefore investment in Dubai properties requires a strategy and some thinking. You don’t have to worry of the after purchase tax fee and other business dealings. Dubai is one of the fastest in official matters and they will take hardly one or two days to accomplish the task of legal matters.

After the modification by his Highness Crown Prince of Dubai regarding foreign freehold ownership of real estate in Dubai, the market in the city has really gone crazy with foreign investors lining to invest hundreds of millions of dollars in the market. All of a sudden everyone became interested in Dubai Real Estate Market. As a result the prize of properties have tripled in years and still rising.

So if you can make an investment in real estate or such valuable properties like villas, homes, or apartments for now, you can see it turning to gold like the touch of Midas in few years. One of the best things in Dubai is that there are no income or property transactions in Dubai. That means you don’t have to pay a single penny as property tax which is an alluring indication to invite rich buyers from all corners of the world. For this very reason professionals wish to buy properties in Dubai.

If you wish to buy property in Dubai, you have to make a research as on what kind of properties are available for sale right at this moment. Your research will also include things to find out what properties are in demand and what would be their value after a few years or months. Once you have implemented this process, you will be able to track the property which would be worth investing your money. Villas, resorts and apartments are in great demand because they generate good income to owners. Apartments are the first choices of greater percentage of buyers. They can be a means of earning money or a place to retire oneself for complete peace of mind.

Dubai is the best place for investment in foreign Real estate. The city is emerging as a popular market for global investors. Real estate in Dubai offers good profit returns from investments.

Dubai is centrally located in the Middle East, which is a convenient location for business meetings among neighboring countries. Dream living becomes reality, in the city of Dubai in UAE. Real estate in Dubai will continue to boom with more and more developers entering the UAE market. Those properties offer standard living and also can be used as commercial space for business. The city offers some of the highest standards of living when compared to any other part of the world. Dubai offers Houses for cheaper rates, than many other similar cities. Burj Dubai, the tallest tower in the world offers the most luxurious residential property in the development, with surrounding buildings coming at a slightly cheaper rate.

Real estate in Dubai involves no legal fees and stamp duty. It offers affordable payment structures directly to developers and also allows financing through nominated financial institutions by the chosen developer. Being in Dubai city one can enjoy a tax-free lifestyle and tax-free shopping. There are plenty of well paying employment opportunities in Dubai and the climate is unbelievable!

Properties are available in Palm Island, Business Bay, Dubai Marina, Jumeriah Lake Towers, Dubai land, sports city and in many other places of Dubai. Those properties include Studios, apartments, office space, villas and penthouses. Real estate in Dubai offers a magnitude of opportunity. But this is still at development stage and investors are still tapping into the market.

Dubai is widely renowned for having the biggest and tallest of everything, and if you take a drive down Sheikh Zayed road, you will notice that some of the world’s biggest skyscrapers will line the way. With the Burj Dubai well over 150 stories already, and expected to be completed around this time next year, it’s also worth noting that not all property in Dubai is high-rise, although it doesn’t seem like it. The Dubai freehold property market is a great combination of high and low-rise properties, because not everyone wants to live hundreds of feet above the earth, even though the views are great!

Low-rise options on the Dubai property market

The most obvious way to live close to the ground in Dubai is to buy a villa. Villas are large, spacious and come complete with a garden. The one problem that seems to persist with villas, though, is that they are expensive. There is a shortage of villas available on the Dubai freehold market, which in turn has pushed prices up quite high, meaning it’s going to cost you several million for even a modest buy. While villas are usually necessary for the large family, not every property buyer needs or wants that much space, or is bothered about having a garden. If we think of apartments as an option though, immediate thoughts go to high-rise buildings, which most of them are. You could buy an apartment in a tall building, but near to the ground, which will actually save you money as views come with a premium, or you could buy an apartment in a low-rise building. With the Burj Dubai right next door, you might be surprised to learn that Downtown Dubai has a great selection of low-rise apartments in the Old Town sub-development, to reflect traditional Arabian architecture. Also worth mentioning are the Palm Jumeirah, Uptown Mirdiff and Al Badia Hillside Community.

High-rise options that are worth your time

Going back to the usual apartments that Dubai offers, there are so many great options to choose from, if you can’t find what you want in the low-rise regions. Apartments at Dubai Marina continue to draw in property investors, as there is just a huge amount of choice and price levels all in one place. The amenities and facilities are excellent and you are right in the middle of new Dubai. Again, Downtown Dubai has high-rise properties as well, so you can really have your pick here, although expect prices to be higher, due to the excellent location. We are particularly looking forward to some of the properties that will take shape in Dubailand over the next few years. We will keep you posted with new developments!

Demand for luxury rental properties in Dubai spiked in Q2

According to a new analysis from Luxhabitat, a high-end property brokerage, secondary residential market transactions in Dubai remains stable in the second quarter of 2018. The market saw a total volume of AED 12.1 billion in Q2 when compared to AED 14.4 billion in Q1.

The data reveals that over 1,400 villas and 6,652 apartments were bought and sold in the quarter.
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The report also claimed that off-plan market activity in Dubai continued to stabilise in Q2. There were several new launches during the quarter that helped stabilise it.

Off-plan transaction volumes along with the overall number of transactions fell by almost 28% from the previous quarter according to Luxhabitat. There are a total of 80,000 units scheduled for completion in 2018.

The data indicate that secondary villa sales volume is double that of off-plan sales in the quarter while the prime residential market in Q2 totalled AED 3.5 billion.

Of the areas recognised by Luxhabitat as prime residential, Business Bay were the top performers in terms of sales volume. They made a total of AED 2.3 billion in transactions and were closely followed by Mohammed bin Rashid City. The latter had an operation of AED 1.9 billion while Dubai Marina had a total of AED 1.2 billion.

Ryan Kasper Luxhabitat’s rentals director noted that rental prices continued to fall across Dubai. He claims that it is due to the considerable demand for high-end, luxury rental properties. There has been a massive spike in this area.

Kwality was initially set up as an integration unit of Kwality Ice Creams India Ltd. A prominent Indian family then acquired it in 2002Nobody from Kwality’s headquarters in New Delhi was immediately available to comment on the planned closure. There has been no further statement made by the company on their decision and have also not mentioned when the withdrawal process will begin.

“This, in turn, has sparked a trend among landlords who are reinvesting and upgrading their properties to compete with the many new and modern developments recently handed over. So far, this year has reinforced that Dubai remains one of the most active and versatile rental markets in the world,” he said.

“We anticipate stabilising rental prices as we continue to adjust to the conditions of a maturing market, which should come as positive news for everyone,” he added.

By: Anuj Sharma

There’s no lie in the statement that Dubai is the land of luxuries. People plan to spend their holidays in Dubai, they intend to buy or rent property in Dubai and those who have not seen it ever, yearn to visit Dubai at least once in a lifetime. Acquiring a piece of land in Dubai, Ajman, Abu Dhabi, Sharjah or Fujairah has become a dream to many of the expatriates, therefore, the real estate in Dubai is witnessing a rapid and extensive growth.

Few of the reasons that Dubai seems to be charming to settle in are;

· Innumerable opportunities

· The exceptional quality of life

· Continual economic growth and development

· Chances of growth for every individual

· Easy acquisition of land as compared to other highly developed cities

· One of the best places to enjoy life

Though the acquisition of property in Dubai has become easy, the procedure of attainment proves to be complicated because the people and agencies involved in between turn out to be fraudulent. The real estate agents avow to get you an affordable property in Dubai but many of these claims are pretentious.

Someone had to come up with the solution for the convenience of people, and the one who has emerged as a prevalent name in the world of real estate in Dubai is ‘EZestate’. Bridging the gap between genuine buyers and sellers of the property in Dubai, EZestate works with an aim to provide affordable accommodation for the people who are in pursuit of any sort of property in Dubai. If you need to buy or sell property in Dubai, be it an apartment, house, townhouse, villa, off-plan property, or an office, then EZestate is surely the best fit for it.

Considering the heightened demand of properties and intricacy faced by the buyers and sellers to get those properties, EZestate offers the 10 most affordable properties in Dubai, Ajman, Ras Al Khaimah, Abu Dhabi, Sharjah, Fujairah, Al Ain, and Umm Al Qawain;

· Townhouse for rent and sale/purchase

· Studio house for rent and sale/purchase

· Apartments with various bedroom capacities for rent and sale/purchase

· Elegant homes for rent and sale/purchase

· Beachfront/Sea-facing apartments

· Beachfront/Sea-facing houses

· Unfurnished and fully furnished properties

· Aesthetic villas

· Seemly office place

· Off-plan properties for rent and sale/purchase

Conforming to the regulations laid by the RERA, EZestate maintains transparency in the dealing of the property which makes them credible and makes it conducive for its clients to buy, rent or sale property in Dubai. EZestate also offers you to schedule your payment plans according to your affordability. Providing clear and comprehensive guidelines relating to the payment options, DLD, and the agent’s fee, they assist you in setting the down payment and lease plans with an extremely simplified payment calculator available on their website.

To cut the story short, EZestate is a matchless option if you are planning to buy, rent or sale property in Dubai. It’s the all in one stop, providing directions to a successful life ahead.