Monday, December 29, 2008

Stock market slowdowns and rents boost in Abu Dhabi

The stock market of Abu Dhabi is facing a continuous slowdown , hardly a boom indicator for local real estate investors one perhaps thinks, but still that is not the case. Stock market slowdowns can actually be good for real estate investment.
If we Take the 2006 UAE stock market crash and Dubai property boom as an example we find the above mentioned statement really true. When local stocks came down many believed the end of the Dubai real estate boom was on the cards. But what happened was just the opposite. Investor pulled money out of stocks and bought property, and even those who may have put their money into stocks decided to buy real estate. As a result Dubai property prices have more than doubled since the 2006 stock market crash.
Will we see the same happen in Abu Dhabi? To me it seem very much possible.
Dubai Case Study
One really needs to look at the 2006 occurrence in Dubai for an answer to that question. Besides the supply and demand position in Abu Dhabi for completed property, which underpins the off-plan market, is extremely strong.

Last week's report from a renowned property consultant showed that rents continued to surge in the UAE capital in the third quarter with increases of up to 36%. The average cost of renting a home in Abu Dhabi is now on a par with central areas of London and New York.The report said that Gulf region offers strong relative international value with 8%-8.5% yields for prime commercial property. On an annualized basis, Abu Dhabi residential rentals jumped an amazing 87%
Residential property investors in the UAE capital have also enjoyed a near doubling-up of capital values. The problem of course is that off-plan buyers will have to wait for their properties to be delivered to benefit from the high rents, either as landlords or end-users saving on their annual housing costs.
The present situation in UAE stocks is not far removed from this phenomenon. But where do investors put their money locally if they abandon stocks? Abu Dhabi real estate will likely be a major beneficiary.

Saturday, October 18, 2008

The real estate projects of Dubai

There are number of the most famous real estate projects in the world are from Dubai that have received international fame. Furthermore, Dubai real estate administration and architectural values are seriously preferred by people all over the world. The Cityscape Dubai has attracted the world's real estate market and has encouraged real estate investors from all over the world to come here and invest as the cost of property here is still cheaper as compared to that in London, Switzerland and other places. The free trade facility and state of the art infrastructure has attracted many people to come in Dubai and make lots of profit.

Wednesday, September 17, 2008

Dubai Tourism and Travel Information Guide

The recognition of Dubai as a tourist destination is a recent phenomenon and has left the whole world in a bit of shock. Most tourist hotspots spend decades trying to build infrastructure and reputation to attract people from the world over. Dubai tourism has exploded within a short span of time thanks to some very intelligent efforts by its government.

Initially, Dubai attracted the maximum visitors during its annual Shopping Festival. However, that was more of a shopping visitor than a tourist who had come to see the sights and have a nice time. This new reason for Dubai travel was brought about by the Sheikh of Dubai who, with commendable foresight, saw the eventually the oil resources of Dubai would run out and it would need some other form of trade to support its economy. Thus began the plans to convert Dubai into a luxurious holiday and vacation spot as well as a commercial center. A large portion of the money earned by the old oil economy is now being pumped into alternative channels all focused on promoting Dubai tourism.

Dubai is located where Europe, Africa, and Asia meet. Many excellent facilities in Dubai have been built to facilitate trade shows and exhibitions. The most popular of these is the Dubai World Trade Center. Due to its central location, Dubai travel schedules are convenient for international meetings as everyone can converge at a central point. Dubai already attracts thousands of business professionals on a daily basis.

If you are interested to rent short term rental in Dubai visit apartments in Dubai
or Dubai Properties

Sunday, August 31, 2008

Rapid Growth in Dubai Real Estate Sector

Dubai is famous for the real estate developments happening here and also for the most ground-breaking technologies and concepts applied for its developments. Investment in Dubai's property is believed to be safer and most profitable way to double your money.

Rationale behind the growth in Dubai property sector is the changes in laws and provision of flexibility for foreign investors provided by Dubai government, which allows foreigners to buy, rent and sell Dubai properties. Many real estate development organizations are offering habitation visa for those who buy properties from them. Several multinational organizations are now establishing their office Space in Dubai, which made Dubai an excellent work market for professionals and skilled workers around the world. More professionals are attracted towards Dubai because of its attractive high salary. This phenomenon has created huge demand for accommodation and office spaces. Laws in Dubai related to real estate are very understandable and formalities are minimum as compared to other countries.

Dubai has emerged as shopper’s heaven due to its open port policy with low import duties and superb logistic facility. Dubai has a world class facility for conferences and exhibitions; it hosts many international conferences and exhibitions. The Dubai Real estate in Dubai is experiencing immense activity in the form of investments from public and private organizations which include world's, largest amusement park, tallest building and largest man made islands etc.
Dubai real estate sector is expanding day-by-day to the ground breaking levels by introducing more modern and ground breaking projects

Saturday, August 30, 2008

Rapid Growth in Dubai Real Estate Sector

Dubai is famous for the real estate developments happening here and also for the most ground-breaking technologies and concepts applied for its developments. Investment in Dubai's property is believed to be safer and most profitable way to double your money.

Rationale behind the growth in Dubai property sector is the changes in laws and provision of flexibility for foreign investors provided by Dubai government, which allows foreigners to buy, rent and sell properties in dubai. Many real estate development organizations are offering habitation visa for those who buy properties from them. Several multinational organizations are now establishing their offices in Dubai, which made Dubai an excellent work market for professionals and skilled workers around the world. More professionals are attracted towards Dubai because of its attractive high salary. This phenomenon has created huge demand for accommodation and office spaces. Laws in Dubai related to real estate are very understandable and formalities are minimum as compared to other countries.

Dubai has emerged as shopper’s heaven due to its open port policy with low import duties and superb logistic facility. Dubai has a world class facility for conferences and exhibitions; it hosts many international conferences and exhibitions. The Real estate sector in Dubai is experiencing immense activity in the form of investments from public and private organizations which include world's, largest amusement park, tallest building and largest man made islands etc.
Dubai's real estate sector is expanding day-by-day to the ground breaking levels by introducing more modern and ground breaking projects