Investing in Dubai Property Always Lucrative

24 Jun

Dubai PropertyReal estate investments in Dubai have always been lucrative. As a dazzling metropolis and  international financial trade centre, Dubai is a dream location for all and the appeal   of Dubai properties will never diminish. There is always property for sale in Dubai.

Dubai’s focus on new projects has triggered a relentless demand for properties in Dubai to buy, with demand outstripping supply. Be it a new home or a high rental income Dubai’s diverse portfolio of residential as well as commercial opportunities, including the hotel  Apartment sector remains great opportunities for investment.

No Boom and Bust City

In a report Gulf News quoted Chief Executive Officer at Al Barari, Mohammad Zaal’s opinion,  “Property Investors know that Dubai is no boom and bust city and the returns it offers in prime locations is amazing.”Despite the meltdown and subsequent recovery in 2008-09 period, Dubai has seen a spurt in investors looking for development opportunities.

Opt for Freehold Property

According to investment analysts, buying a profitable freehold property in Dubai is the best bet and it gives great yields in a matter of two or three years assuring a lucrative return on investment. Real estate investors are attracted to Dubai freehold real estate projects like bees are to honey. That is why property watchers admit that the Dubai freehold real estate is a perennial money minting machine.  Given below are some of the Dubai freehold real estate projects.

Business Bay: Business Bay developed by Dubai Properties contains more than 200 commercial and residential towers covering on an area of 65 million square feet. It is identical to Toyko’s Ginza business centre and Manhattan in New York.

Burj Dubai: Burj Dubai is the tallest building in the world with a height of more than 700 meters. Its open green spaces, pedestrian boulevards and entertainment outlets are fascinating.

Dubai Marina: Dubai Marina is the biggest man-made marina in the world. Developed by Emmar Properties Dubai Marina has the biggest master planned waterfront development in the world. It accommodates more than 120 thousand people in luxury apartment villas and towers.

Dubai Pearl: This flagship property developed by Omnix Group consists of residential complexes, office developments, hotel and theatre. Constructed on a circular 4-storey podium is located between Dubai Media City and the Knowledge Village.

International City: International City is a themed architecture of business opportunity and residences. Locate in the Al Warsan region of Dubai, International City is a good investment option for real estate investors. It has six pivotal areas in The Residential District, The Central District, Forbidden City, Dubai Design Centre, Lakes District and the Dragon Mart.

Right Time

In the view of property analyst Mark Stott. “There is no better time than this to buy real estate in Dubai. If you choose the right areas, good capital growth and strong rental yields will be assured from the property”.

Dubai is literally having a monopoly on the biggest, the tallest and the most bizarre project developments such as Dubai Land, The Palm, Paramount Theme Park and other world class entertainment. The city of Dubai is expanding fast with the number of annual visitors set to reach 16 million by 2015.

Tourism and business travellers will catapult Dubai’s hotels to the top of global lists. The thriving market has world’s highest average daily rate and revenue per room an has beaten London and Tokyo.

4 Responses to “Investing in Dubai Property Always Lucrative”

  1. terry edwards July 1, 2013 at 4:39 pm #

    try to get a financial statement from any property mgt firm for any hi rise condo.!! YES the money is all spend on brand new condo/apts. with little or no maintenance to be done for the first 5-10 yrs of these buidings.

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