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<title>Boom in Dubai Property Investment</title>
<link>http://www.articletrader.com/finance/real-estate/boom-in-dubai-property-investment.html</link>
<guid>http://www.articletrader.com/finance/real-estate/boom-in-dubai-property-investment.html</guid>
<pubDate>Thu, 08 May 2008 00:00:00 -0500</pubDate>
<description><![CDATA[ Until a few years back, buying freehold property in Dubai was not possible for foreign nationals. Property boom in Dubai only ensued after some considerable changes were made to the emirate’s property laws. Currently, Dubai real estate sector is witnessing a rapid upward trend that’s expected to go even higher with the passage of time. Population of Dubai has grown manifold over the past few years given a sharp and growing increase in the number of expatriates. Both veteran and would-be investors across the globe are eying Dubai as the property investment paradise for a long time to come. Property for sale in Dubai has already succeeded in drawing the attention of foreign investors. <br /><br />Investment in Dubai property, whether it’s buying property in Dubai for permanent relocation or business, or you simply want to cash in on the most popular investment trend in Dubai property i.e. buy-to-let, is very lucrative. The immense development Dubai continues to undergo with massive infrastructure projects reflects the exploding need for space for the country’s multiplying populace. Given these circumstances, the boom in <a href="http://www.bhomes.com/">Dubai property</a> market doesn’t seem to slow down at any point in the foreseeable future. These upward trends of Dubai real estate make investment in Dubai property extremely risk-free for foreign nationals and they can choose to invest in Dubai even with their eyes closed. <br /><br />Nearly all of the buyers of Dubai property find property resale and buy-to-let trend as the most attractive features of property ownership in Dubai. Some recent announcements point towards Dubai’s becoming a tourist hotspot in the near future with more recreation than ever. Newer entertainment and recreation projects are underway which have already drawn a great deal of international attention. The emirate, which is already termed as a playground in the desert, is soon to have more to offer to the world’s recreation seekers. This much international focus means an even stronger property market potential with returns that continue to shoot up.  <br /><br />To the benefit of investors, though not a positive sign for the buyers with no commercial intent, the demand for Dubai property, <a href="http://www.bhomes.com/">Dubai apartment</a>, Dubai villas or any  other type of property in Dubai by far outstrips the supply. This demand/supply disparity makes Dubai property investment an extremely attractive prospect for the foreign investors. As the experts of Dubai property forecast, the market is lucrative for the investors who already bought property in Dubai. But the market is not so friendly for those seeking rental property right now. If you’re one of those lucky enough people who have already secured property in Dubai, you’re likely to be reaping profits. But if you’re on the lookout for a decent rental accommodation in Dubai, you might have a hard time ahead as the prices are very high and are set to rise higher. <br /><br />Experts speculate that the population of Dubai will be doubled in 2010. This will turn Dubai into one of the world’s hottest destinations for expatriates and holidaymakers alike and this just bodes so exceptionally well for property investors.<br /><br /><br /><br />--<br />Daniel Marshel is senior real estate consultant associated with <a href="http://www.bhomes.com/" target="_blank">Better Homes</a>, a leading real estate firm in Dubai, UAE. He has more than 25 years of first hand experience of working in Dubai real estate market. His firm Better Homes offers online <a href="http://www.bhomes.com/" target="_blank">Dubai property</a> listings, property management and property investment services.<br><br>Source: <a href="http://www.articletrader.com/">http://www.articletrader.com</a> ]]></description>
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<title>Surge in Leasing Charges for Dubai Property</title>
<link>http://www.articletrader.com/finance/real-estate/surge-in-leasing-charges-for-dubai-property.html</link>
<guid>http://www.articletrader.com/finance/real-estate/surge-in-leasing-charges-for-dubai-property.html</guid>
<pubDate>Wed, 30 Aug 2006 00:00:00 -0500</pubDate>
<description><![CDATA[ The current property boom in Dubai has sent rental charges rising upwards since the year 2002, at an average 37% increase according to The Dubai Municipality. The higher cost of living, unregulated rental increases and average 1.5% salary increase in the private sector, according to a study done by GulfTalent.com, has put a lot of pressure on Dubai’s tenants. To alleviate some of that pressure, the Government of Dubai moved to impose a rental cap of 15% in October 2005. <br><br>Considering the rapid increase in Dubai’s population that has swelled from approximately 800,000 in the year 2000 to 1.3 million in 2006, where it stands today, there is a shortage of residential apartments and villas for rent. This excess demand over supply has led to higher rental charges because property continues to be in short supply. <br><br>Despite the current shortage, the future of <a href="http://www.bhomes.com" target="_blank">Dubai property</a> remains extremely bright. Over the next three years an additional 84,000 accommodation units are expected to be ready for occupancy as new projects are completed. The addition of these properties is expected to help stabilize the marketplace for rents. <br><br>Investors who have put their Dubai properties out for rent yield an average of 8-9 percent on their property at the current market rate. Deemed a good investment, several new comers and existing residents in the city are seeing the benefits of buying their own accommodations, instead of renting.<br><br /><br />--<br />The <a href="http://www.bhomes.com/propertymanagement.aspx">Property Management</a> division at Better Homes manages your <a href="http://www.bhomes.com/">property in Dubai</a> more efficiently than any other competitors in the Dubai real estate industry.<br><br>Source: <a href="http://www.articletrader.com/">http://www.articletrader.com</a> ]]></description>
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<title>Emerging Trends in Dubai Property Market</title>
<link>http://www.articletrader.com/finance/real-estate/emerging-trends-in-dubai-property-market.html</link>
<guid>http://www.articletrader.com/finance/real-estate/emerging-trends-in-dubai-property-market.html</guid>
<pubDate>Thu, 27 Jul 2006 00:00:00 -0500</pubDate>
<description><![CDATA[ Dubai real estate is witnessing a number of changes in the commercial sector.  <br><br>One of the emerging trends in the commercial property market is the conversion of warehouse space to office premises. Companies that require large open plan spaces, such as advertising or marketing companies have been seen to lease warehouse space and easily transform it into efficient office space. This provides a cost effective solution for businesses that need to be near the business centre but may not wish to pay the premium rates of prime location office space. Warehouse rental rates suitable for office conversions fluctuate between 40-65AED per sq. ft (warehouse space rent exclusively used for storage purposes averages 28-35AED per sq. ft), whereas rents in the Central Business District (CBD) may be 225-250AED per sq. ft.<br><br>The property market in Dubai is tight and therefore the concept of Split Offices has come into being. Many professional services firms, faced with the prospect of particularly high rents in prime locations tend to lease a small space suitable for client meetings in the Central Business District so as to boast an address on a prestigious location such as e.g. Sheikh Zayed Road, and move their operations to a secondary location where rents may be more affordable e.g. Garhoud, thus effectively saving on huge overheads. <br><br>Thus, supply of the real estate market in Dubai is shaping up to meet the property demand.<br><br /><br />--<br />Better Homes has been extensively involved in the leasing of large commercial projects in UAE over the past few years and now shares this knowledge and market information through the quarterly Commercial Review. Visit <a href="http://www.bhomes.com" target="_blank">www.bhomes.com</a> for buying, selling, renting, investing, managing and short-term renting your <a href="http://www.bhomes.com" target="_blank">Dubai property</a>.<br><br>Source: <a href="http://www.articletrader.com/">http://www.articletrader.com</a> ]]></description>
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