Posts tagged: real estates

Over the years, there have been a number of positive changes in Dubai’s property sector. One of the most important developments was undoubtedly the 2002 ruling that allowed foreign ownership of properties in freehold areas of Dubai. This was followed by the enactment of a law that made escrow accounts compulsory for those Dubai developers selling off-plan properties. These accounts provided significant security to buyers, instilling in them greater confidence to invest in Dubai properties.

In consequence, Dubai’s property sector matured rapidly. Some signs of a healthy and mature real estate market are stability in property prices, increased transparency in real estate laws, protection of investor’s rights and greater competition among developers.

With all this being implemented, Dubai’s real estate sector was bound to attract a substantial amount of investment. Dubai has become well known all over the world for constantly introducing world class projects that offer unique opportunities, strong mass appeal, and high returns with a mixture of excitement and enthusiasm.

Efforts by the Government of Dubai to establish a regulatory framework through Real Estate Regulatory Authority and Dubai Land Authority that addresses company laws, financial laws and real estate laws has given both private and institutional investors greater confidence in investing in Dubai.

As always, a solid regulatory foundation is critical to encourage foreign investment anywhere. The rulers and Government of Dubai have always sought to promote a strong natural association between Dubai and luxury. As a result most real estate developments from hotels to resorts to apartments and villas have focused on the premium segment of high net worth individuals and families. Additionally, with the increased land and construction costs in Dubai, developers have chosen to develop projects at the luxury level to make them more economically viable.

Research has proved that there exists strong end-user and investor demand for lifestyle themed projects both locally and internationally. For instance, golf and waterfront projects have tremendous lifestyle appeal and consequently have become a significant part of Dubai’s development strategy. These luxury custom homes on the waterfront or in exclusive themed localities come fully landscaped providing such elements as resort style swimming pools, manicured gardens, outdoor seating areas and expansive patios for dining and entertaining. With a large number of villas already sold out, it has created a successful impact on those buyers who are looking for a unique property proposition.

Representing the wave of the future, resort homes provide residents with the experience of living in a first class resort all through the year. These homes have been designed by architects, interior designers and landscape planners from the hotel and resort industry. So the quality of finish and attention to detail in these resort villas could very well be compared to those found in first class hotels or resorts. To complete the overall experience, these villas come with a dedicated concierge service. It is these features that will distinguish resort homes from conventional housing.

Coldwell Banker is one of the oldest real estate firms in the world. The company was formed in 1906 in the USA and takes its name from the partnership of Colbert Coldwell and Benjamin Banker. Today it has an international presence in most of the world’s real estate hotspots. The firm’s commitment to customer service and professionalism continue to be the cornerstones of its business philosophy. We believe that our progress depends upon yours. Do contact us if you are interested in investing in the Dubai property market, buying or selling in the Dubai real estate market, or want to rent property in Dubai for the short or long term.

Choose Your Own Local Sponsor. There are many ways by which you can start a business in Dubai. However, if you don’t want to go by traditional business set-ups, then the best choice would be to start a business through which you can personally participate in the growth and development of the emirate. One way to get a sponsor is by approaching a Dubai national, who can be a UAE national or someone who is already a resident of the emirate. If the sponsor isn’t from Dubai, you have the option to approach a local commercial property developer or a UAE prince or princess.

Obtain the Membership of Free Trade Zones. Once you have obtained the approval for establishment in the free trade zones of the city, the next thing you need to do is to apply for a trademark. Once your trademark is approved, the trademark should be transferred to your name and the company’s name at the same time. It is very important that you follow all the rules and regulations imposed on the registration of the trademark. For setting up a business in Dubai, this is very important.

Setting Up a Business in Dubai – Rules and Regulations. Once you have established a legal identity for your business, it is highly recommended to learn and follow all the rules and regulations imposed by the government and the commercial property developers. For starting a business in Dubai, you may need to provide the government with a 3-clay slab according to the law of the emirate. In order to obtain the permit for starting a business in Dubai, you will have to submit a Request for Compilation of Registration Certificate. The certificate is not compulsory, but the price may be high depending on the value of the slab.

Obtaining a Business License. The laws of Dubai prohibit private individuals from setting up a business in the emirate without having a valid business license from the Dubai government. Therefore, you should get a valid business license before proceeding with your plans. The commercial property developer in Dubai does not issue the license on its own; you will have to submit your application to the concerned authorities in Dubai. A number of companies are available that can assist you in getting your commercial business license.

Getting Your Free Zoning. Starting a business in Dubai is highly recommended if you are looking forward to earning substantial profits. One of the best ways to earn profits is by building an investment property in Dubai free zones. The free zones have low investment and rental rates compared to other traditional areas. Consequently, many investors prefer to start a business in these areas because they offer a relatively better return on their money than other commercial properties in Dubai.

Setting Up a Business in Dubai – Setting up a Business License. To start a business in Dubai, you need to obtain a Business License from the Dubai Police Department upon registration of your company. Business License is required for all local or foreign corporations carrying out retail sales in the emirate. You can get all the relevant information on how to start a business in Dubai from your legal advisor.

Setting up a Business in Dubai With the advent of the free trade zones in the city, the business prospects in Dubai have increased manifold. Many prominent business houses from all over the world including the UAE have established their headquarters here. Besides the free trade zones, there are many commercial centres and zones like the Madinat Jumeirah, Dubai Sorts City, Arabian Ranches, Dubai Festival City, Dubai Marina, Dubai Sorts Outlets City, Dubai Shopping City etc. The growth and development in this city are tremendous and the commercial capital of the UAE. Thus, you can surely say that Dubai is one of the most successful destinations in terms of setting up a business in Dubai.

Dubai property developers have been tracking buyers’ payments from the off plan projects sold in the booming time. As a consequence, some buyers are reluctant to pay, following the Dubai property burst. In the current situation, with buyers’ tight cash flow, property developers are concentrating their efforts within the accounting department. Dubai real estate developers and buyers have entered a legal battle to defend their rights in front of the Dubai Real Estate Regulatory Agency (RERA).

Many disappointed buyers in Dubai are finding themselves in a difficult situation: the developers are not willing to disclose the percentage of the defaulter that will permit property buyers to estimate the feasibility of the project. Without this info, buyers are uncertain and restrained to obtain the sufficient funds for the projects.

Following several scandals, Dubai real estate buyers prefer to consolidate their loss by not complying with their contractual duties. They are indeed willing to lose their deposit, as the property market scenario is not improving. We can say that confidence must be revamped in an attempt to move forward while property developers and investors should accept the present global circumstances.

In order to change this situation where both parties feel stuck, Dubai real estate developers should put in place all necessary procedures to regain buyers’ trust. Developers should accept to review the prices and installment payments accordingly. Most buyers are claiming their money back while developers are refusing to change the price and the installment payments scheduled. This mood for confrontation should change. The legal battle will only push the projects away, bringing further delays, and neither the buyers nor developers will be the winners. The answer to all these problems is evident, Dubai needs the implementation of the new property law.

It is a place where you can enjoy every bit by adventure, fun and exciting roller coaster ride on the sand dunes. Not only this but you can enjoy dream dinner and Belly dance in Desert Safari.

If you are planning a visit to Dubai’s Desert Safari then you should know about its importance. The Safari desert in Dubai is a real dreamland and heart of Arabian people. Visit to Dubai will be unfinished without an excursion of Dubai’s Safari Desert.

If you want to go on a journey to mountain from desert then, don’t worry! There is an action-packed in Dubai’s Desert Safari who can take you there in just a drive.

How the journey starts?

It starts with a hard driving in sand by an expert driver. When you will be in desert, you will enjoy the camel ride (ship of desert) which can make you take a small tour to the local village to see the traditions of desert life. Not only this but, you can enjoy the sand skiing or Wadi-Bashing in Desert Safari. When it comes the time of night, it is the time to enjoy the taste of desert banquet.

The most exciting thing is the serving of food under the start-lit night. You are going to served with a barbecue and many other Arabian dishes. You can also plan the romantic dinner and you can also get to see the belly dance and smoking of hookah in the Desert safari.

Visitors can not have the excited period in Dubai, if they do not visit a magical place like Desert Safari. For the safety and ease, lot of tours offer tour operators. And you can choose the one which you think suits you better.

There are three things to be considered when planning a mystical Dubai Desert Safari Tour

o Evening Desert safari or Dune Dinner

o Overnight Desert Safari

o Hatta Safari or Wadi Bashing

The Dubai property market continues to stay among the best property markets in the world as the demand of real estate properties in Dubai is increasing continuously. The growth in tourism industry and a strong economy are the main factors due to which more and more people from around the globe travel to Dubai, increasing the demand of real estate here. This is why property investors from all over the world are attracted to invest in Dubai properties as they are sure to make size profit on their investment. This continuous inflow of investments has resulted in some remarkable developments in Dubai properties like The Palm Islands, The World, Dubai Marina, Dubai Sorts City, Arabian Ranches, Dubai Festival City, Business Bay, Downtown Dubai and many more. Buyers from around the globe are attracted towards real estate and property market because of the amazing constructions, extraordinary architecture, and the best quality offered here. And since Dubai offer safe and secure business friendly environment investors and business class enjoy doing business in this part of the world. This is why Dubai real estate and property market is considered among the best not only in the region but also in the world.

People from all over the world tour Dubai for various reasons like shopping, business, work, education, holidays, and sporting events. The tourism industry of Dubai which is progressing rapidly also brings in a heavy influx of tourists every year and all these people come to Dubai for a short stay which further increases the demand of real estate in the city. Among all the other real estate options Dubai apartments for sale are very high in demand and are considered as an attractive option as they are asked for by almost everyone looking to buy property in Dubai. This is why most of the projects constructed here in Dubai offer Dubai apartments for sale with different facilities and room capacity. These apartments in Dubai are fully furnished and are equipped with all the amenities and facilities required in Modern day living like fitted ward robes, air conditioners, master bed, cable TV, internet broadband, telephone, kitchen with all its appliances, and swimming pool etc.

The Arabian Ranches Dubai is one of the amazing property developments in Dubai. Away from the stress and pollution of daily life the projects offer a pleasant feel to its residents with its unique architecture and extraordinary facilities. Project offer some of the most exclusively luxurious apartments and villas in Dubai that can easily be considered among the best in the world. Located on Emirates road Arabian Ranches an eighteen whole golf course for sports lovers which are also formally known as the Desert Course. Also it has a village community center and Dubai Polo and Equestrian club. It is due to facilities like this that the real estate and property market Dubai is prospering at a good rate and people from any part of the world do not hesitate to buy property in Dubai which makes it a favorite place for property buyers.

A review of recent trends in the property sector seems to indicate that Dubai is certainly on the crossroads of development. Yet the present lull in the building and construction sector is worrying many analysts, to say the least. In the opinion of the analysts, the present recession is indicative of a transitory phase in Dubai’s property market. Since housing is one of the key indicators of economic activity anywhere in the world, the slump in the current market has certainly affected other sectors of the economy.

With the housing sector on a downturn, and the consequent roll back of many developmental projects, it was clear that jobs would ultimately be lost and many expatriates would return to their home countries. While this was done in the best possible way and severance packages were also given, the episode is nevertheless likely to leave a bad taste in the mouth of many an overseas worker. To some it was quite abrupt and ruthless; others saw it coming and tried to hold on to the very end. But the fallout was inevitable and as many as 1000 employees have been affected in the housing sector alone. Nakheel had to lay off as much as 500 employees, representing as much as 15 percent of its own workforce. Similarly Damac has laid off 200 employees, Better Homes axing 50 staff, and Omniyat 69, with other firms bringing up the rear.

Many experts feel that it is time to strengthen the property business sector with mergers and acquisitions and other means of cooperation and participation. While some dread the effects, others say it would be good for business on the whole as it would strengthen the sector on an overall basis. Since Dubai had been witnessing some cases of default on high end properties, it was even estimated that the Government would officially step in at some point to order the merger of failing institutions. This has not occurred yet however, and the fate of the firms and the projects still rests with the open market.

Meanwhile a silver lining on the property cloud has been noticed in Dubai’s marina property market. According to the real estate firm Asteco, prices in Dubai’s marina properties have picked up during the year by as much as 18 to 38 percent. The same effect has also been seen in the villas in Springs Dubai marketed as a prime spring villa Dubai property. This has been verified by the fact that as of October 2009, a one bedroom apartment in Dubai is selling at Dhs.1300 per square foot, while a 2 bedroom apartment in Dubai is selling at Dhs.1250 per square foot. Maybe the Dubai property market is really on the brink of something better.

According to the latest report of the Dubai House Price Index from Colliers International, real estate prices in Dubai have grown almost seven percent during the third quarter of 2009. Real estate transactions increased by 64 percent during the third quarter largely due to relative stability in prices and affordable housing. It is expected that the continuing property boom will be further strengthened by a series of new launches and openings within Dubai.

Dubai Real Estate Agent Company – Property Buying & Selling in Dubai

The luxury lifestyle that Dubai offers is perfect for the discerning tourist; the city boasts over 30 five-star hotels, and has more hotel rooms than Miami Beach. A wealth of first class restaurants conjures up a world of tastes from around the globe. In fact, the only difficulty you’ll have in terms of food is making your mind up what to choose. From Japanese to Lebanese, the variety of restaurants in Dubai is the best in the region.

If you enjoy sports, then Dubai is leading the way in the Middle East. Prime sporting events held annually include the Dubai World Cup (the richest horse race in the world), International Power Boat Racing, Dubai Desert Classic Golf Tournament, Dubai Tennis Open and the Dubai Rugby Sevens. Dubai also offers a great range of choices for the active visitor: a selection of some of the world’s best golf courses, water sports, and unique opportunities for desert adventures.

If you like to shop, then Dubai is a dream; if you are not a shopaholic, and then prepare to become one. Whether it’s refined boutiques or grandiose shopping malls or great value independent outlets, there is something for everyone. Retail is such an important part of Dubai that there are two festivals a year to celebrate shopping: the hugely successful Dubai Shopping Festival (January – February) now attracts more than 3 million visitors, while the Dubai Summer Surprises has been unleashing summers of fun and learning since the summer of 1998.

Dubai real estate agent is providing residential and commercial accommodation both for purchase of freehold properties and leasing property on rental basis. The company is based in Dubai with business extensions in Abu Dhabi and Ajman. The company specializes in all aspects to the property market within the UAE and Dubai mainly. Commercial freehold office space for buying within the very popular Business Bay area is overseen by their commercial team of consultants, whether it is the iconic Iris Bay, One Business Bay, Opus, Gemini, The Binary, B2B Tower, Churchill Executive, or any freehold office space to purchase.

Residential accommodation is overseen by their experienced sales consultants who specialize in all freehold areas, where it is a freehold luxury villa, apartment, penthouse or even a studio, in Arabian Ranches, Discovery Gardens, International City, Jumeirah Islands, Meadows, Springs, Al Barari luxury villas, Garden Homes to Signature villas on Palm Jumeirah, and yet to be delivered on the secondary resale market Palm Jebel Ali.

Dubai, a great place to live! The Dubai Properties and Real Estate is a reserve center for assets long term investment and real value for money. We real estate agent’s services, where you will find a capital of sequence on several kinds of Chapter as well as property selling, buying, rentals, real estate agents, Dubai housing market updates, mortgages / home loans, Dubai freehold properties, relocating, Dubai real estate investing, trends, financial analyst, Middle East real estate news and professional reviews.

Freehold Properties: The core idea behind Freehold in the Dubai/United Arab Emirates was implemented in 2002 with Dubai chief the way. In a familiar sight travel, the Dubai government legalists overseas possession of properties

Find property buy and sale in a row for all of UAE together with Sharjah, Muskat, Abu Dhabi, Ajman Ras Al Khaima and Oman Al-Quain Whole United Arab Emirates.

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!