Dubai Villas – The Most Beautiful Spot For Accommodation

Dubai used to be a desert and it had no advanced technology and even people never thought of Dubai to develop according to the modern age. Today, Dubai stands tall among the most advanced countries as it has developed and achieved everything that is required in a major cosmopolitan city anywhere in the world. Dubai has reached to the advanced level in term of all the imaginable facilities and amusement opportunities in life and the commercial and business find Dubai as the hub. The construction work constantly takes place and the projects reach to their completion smoothly on scheduled time. This is the reason you can see the plenty of shopping malls, hotels, villas, apartments, etc. you can also buy apartments for sale Dubai and it is the best option for the ones who like luxurious life. But be sure that you come with a strong budget limit if you wan to rent villas in Dubai.


There is a huge range of mansions, hotel apartments and villas available with gated as well as isolated compounds. Most of the tourists are immensely delighted when they sight the estate of Dubai first time. It is a place full of modern architecture with the traditional houses and ancient wind-towers. The new construction of buildings is amazingly incredible and for a moment it is difficult to believe if they are for real. The construction work has made fortune for many companies and the real estate market really boomed on account of the development of tourism industry.


The villas are a joy for the tourists and visitors as they are fully equipped with everything and the best villas are the ones close to the seaside and in the man made marinas like Dubai Marinas. The invertors have really mad huge money by investing in the construction works and this is why you can look for villas for rent in Dubai as the investors put their money in them and retained their profits in term of monthly income.
When you plan to have the villa on rent, you need to observe and analyze some important factors beforehand. The first and foremost factor includes the choice of the real estate agent as the agents of real estate service can get you the best deal because they know all the pros and cons of Dubai villas in detail.
The other factor to check is the vicinity of your required place and there are two aspects to consider when you ask about the surrounding areas. The first is about the on going construction in that area. You can see the on-going construction most of the places. In fact, it creates a lot of noise and it may disturb your vacation and stay, bout the good thing about the development that they are quickly completed. So you must leave it on the basis of this reason, but it is better to have the idea about it so you may take a better decision.
The other factor to consider when you rent rent in Dubai is about the nearby places like shopping malls, airport, beach, amusement points or any other place which you consider important.

John Parker is expert analyst and market researcher on property in UAE and Dubai apartment rent Market, he writes Dubai property articles. He works for Elysian Real Estates, one of the most growing real estate firms in UAE.

Living In Dubai

If you are planning to settle in Dubai you definitely need to find out a cost effective and luxurious place to live. Dubai apartments can be the first choice for you because they offer everything that you dream of. Remember the fact that Dubai is not a monotonous place to live where you get bored. It is the city of life and presents you the opportunity of fun and luxury in every facet be it accommodation, job or just fun.

Finding a suitable accommodation in Dubai is not tricky as plenty of real estate consultants are providing the advisory services at a very low cost. These experts can suggest you the housing according to your budget and preferences. Dubai offers a range of selection even in the categories of apartments and you can choose from a single bedroom studio apartment to a most spacious and luxury five bedroom accommodation.

Like any other mega city of the world the location of your accommodation in Dubai is very important. For apartments the most popular areas are around Bur Dubai, the Sheikh Zayed Road with cheaper flats are available in Deira, Satwa and Karama. There are several other options for accommodation you can find in Dubai but the apartments provide you best facilities while remaining in your budget.

Two draft laws to protect buyers in off-plan market

Two new laws in the pipeline will bring further protection to investors and end-users in Dubai's off-plan property market.
The first law says developers must own the land and have completed at least 20 per cent of construction before they can request consent from the Real Estate Regulatory Authority (Rera) and are allowed to sell off-plan.

The second law says the payment plan must be linked to construction milestones and a maximum of 20 per cent of the property price can be taken up front.
Both are in draft form at the moment but expected to be implemented soon, according to Lisa Dale, partner in law firm Al Tamimi and Company. A law already in place says that developers will be cancelled from the Real Estate Register if they do not start construction of the project within six months of the date when approval was granted to sell off-plan.
Al Tamimi joined forces with Dubai Land Department (DLD) on Tuesday in order to shed some light on property laws in Dubai. Buying off-plan has always been slightly risky as some developers took money from investors without having started construction. This led to many complaints being taken to Rera and the Property Court by people wanting their contracts cancelled and being given refunds.
While the exact number of cases currently in the property court is unavailable, Dale said they were "very busy".


Source: Gulf News

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.

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.

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

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

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

Specific Steps to Buying Property in the Dubai

Since the 1940s, most foreign nationals who had an inclination to buy property abroad have shied away from buying such property in any of the countries in the Arab world. There are two primary reasons why so many foreign nationals historically have avoided buying real estate in UAE and Arab countries.

First of all, as news reports have recounted over the course of the past sixty years, the Arab world is far from being the most stable region in the country. Wars and violence have been common occurrences within that corner of the world.

The second reason why so many foreign nationals have avoided buying and owning real estate in the Arab world rests in the fact that the laws governing the ownership of real estate in many of these countries has been complicated and structured in such a way that it overtly discouraged foreign investment in real estate. Indeed, many countries that make up the Arab world have prohibited foreign ownership of real estate during much of the past fifty to sixty years -- including to the present day.

Should You Really Buy Property in Dubai? A Short Assessment of the Dubai Property Market

By: Tracey Meagher

Never has there been such an ambitious and creative drive to establish a property market as has been witnessed in Dubai over the past three years. Running short on oil reserves, Dubai's crown prince, Sheikh Mohammed Al Marktoum, set out to turn Dubai into the financial, commercial and tourism capital of the Middle East and in the space of three years he has more than succeeded. The country's GDP has expanded by 17 per cent over the past year and HSBC Bank estimates that there is $42.5 billion worth of projects under construction, compared with $20 billion for the rest of the neighboring oil states put together.

The result has been the rise of Dubai as the world’s most glamorous property investment market. Nothing in Dubai is understated. The tiny emirate, that only five years ago was nothing more than a simple fishing village has suddenly become the Manhattan of the Middle East. Following the mantra ‘bigger is better’ Dubai has proudly announced the world's first seven star hotel, Burj Al Arab and is set to construct the world's biggest shopping mall, the first underwater hotel and amazingly, the longest indoors ski slope.

Already the annual number of visitors stands at 5 million and is set to rise to 10 million by 2007. The scale of development has been unprecedented with apartment blocks being constructed by the dozen and selling out within days to hordes of zealous investors prepared to queue overnight to bag a bargain in Dubai. The projects being released are some of the most inventive and ambitious the world has seen, with man made islands such as The Palm and more recently The World capitalizing on the attractions of beach front living and redefining the world’s geography in the process.

With real estate as out of the ordinary as this, it's not difficult to see why Dubai Property market is attracting such large-scale international interest. There really is nothing like it and it seems everybody who's anybody will have a piece of Dubai. Dubai's more exclusive developments are being snapped up the celebrity classes and the world's elite. Ageing English rocker, Rod Stewart is already the proud owner of Britain [The World's miniature Britain that is!] and villas along the Palm are being bought by sports stars, film stars and anybody with upwards of €1.5 million to spend on a private waterfront retreat.

If so much has been achieved in three years, where is Dubai to go from here? Nakheel, the company behind the extraordinary Palm and The World projects already has its eye, literally, on a new development. Dream City, like the Palm is also a series of man made islands but out sizes the Palm significantly. When finished, Dream City will form the shape of an eye, with the residential element on giant eyelashes extending out into the Persian Gulf. Villas at Dream City start at €425,000 for around 371 sq m (4,000 sq ft) of accommodation. Townhouses start at €200,000, while one and two-bedroom apartments start at €150,000.

For the property investor seeking a lucrative return, a new market is always a risky one and the fear is that the market may collapse soon after it has taken off!. With plenty of anecdotal evidence to suggest that property prices in Dubai are rising by as much as 60% in one year, it's tempting to rush straight in and grab a piece of the action. But the canny investors will have to consider if it is too much too fast.

The pace of the property market in Dubai makes is a speculators dream. It’s not unheard of for properties to have been transferred up to a dozen times even before the building is complete. Many opportunistic investors are booking 10 to 20 villas in new developments, selling them at significant profits before they have been completed.

Cashing in on this and perhaps in an effort to cool the market, builders are charging a fee of up to 7% each time a property is transferred and lending institutions are trying to keep some control on the market by agreeing to finance only the original sale price. In the secondary market, prices can exceed the original price by 10-70%, depending on the development’s popularity.

All the indications are suggesting that the initial hype is easing and prices are settling. A year and a half ago 900 houses in one development sold out in 7 hours. Many believe that demand will continue to be sustained and prices will continue to rise, though not at the frantic rates they have been rising over the past two years.

In comparison to other new and emerging markets, such as those in Central and Eastern Europe, Dubai appears to be a more attractive investment. Prices in the middle market are comparative to those in Eastern European cities such as Tallinn and Krakow. Unlike these countries Dubai has the sunshine factor and a glamorous edge, which is surely contributing to the high immigration from Europe, the Gulf Region and the Indian subcontinent. Over 100,000 extra people are expected to arrive in Dubai every year. Such large-scale immigration is sure to sustain the property rental markets.

Other property markets are seeing rental yields drop through the floor. Too many investors buying up properties and not enough tenants to rent them! Ireland, Britain and many of the New European capital cities are seeing yields drop to below 3%. In Dubai, rental yields have dropped from a very healthy 8-9% but are now holding firm at 6-7%. The fact that in Dubai rents are paid in advance, sometimes up to one year in advance, is surely a motivating factor for those considering a buy-to-let properties in Dubai. On the downside, service charges on new development can be high, anywhere up to £4000 per annum and may be requested by the developer upfront!

Despite the current boom and huge immigration into Dubai cautious investors are raising understandable questions about the security of ownership in the UAE. As yet, no law has been passed to confirm the right of foreigners to own property in any of the projects launched to date. However, the UAE allows individual emirates to issue their own legislation to regulate ownership of real property. While Dubai is committed to encouraging overseas investment, they rule by decree and decisions can be changed overnight the whim of the current ruler. The government have promised that freehold would be granted in the near future. When this happens it is likely to further boost investor confidence in the Dubai property market.

If the property market in Dubai is to develop with any degree of stability, capturing the interest of second homeowners and expats seeking to relocate is essential. If the market continues to be speculator driven, the possibility of a speculative bubble is not unlikely. A revision of property ownership laws for foreign investors should encourage a more stable property investment climate, helping to avoid any crash that might be caused by a quickly exhausted investor base of opportunistic speculators.

About the Author:

Tracey Meagher operates and maintains a number of Property Newsdesks. She regularly writes articles and features on buying property abroad. For more information on property in Dubai, visit http://propertynewsdeskdubai.blogspot.com. She also owns PropertyAuthors.com, an property investment e-publishing company offering free pdf magazine articles on buying property abroad. Articles area available at http://www.propertyauthors.com

Things To Avoid When Buying Real Estate

When investing in real estate when buying Dubai properties there are some things you should avoid. One thing you should avoid when buying real estate is property that the taxes are not up to date. The reason for this is if the taxes are not paid the government can take a way the property. The last thing you want is to invest some time and money and end up not being able to buy or even worst lose a property. It is recommended that you get the information about the taxes before you buy a properties in Dubai.

Another thing you should avoid when buying real estate is properties that have over due bills like water and sewage. The reason for this is if the water and sewage are not paid the government can take away the property. If you do buy property that the bills or the taxes need to be paid, it is important that you do have the money to pay them off.

One last thing you should avoid when buying real estate is properties that are overpriced. If a property is over priced and the housing market goes down, if you do sell the property you can end up losing money. It is recommended that you buy property at or below market value. If you do buy property at or below market value you will make more money if you sell it. Buying real estate can be very profitable if done right. If you use the information you read here you will know what things to look out for.

A good web site where you can see more information on topics like this is Real Estate Facts which is highly recommended. You can also Add This Article to your web site or blog. Thank you and enjoy.

Article Source: http://EzineArticles.com/?expert=Kevin_Cox

Dubai Property Sale

The Dubai Property Market has never been stronger than it is at this instant and foreign investors are congregating to the coast of the emirate to receive benefit of Dubai property boom. Rapid growth has typified the cities and sandy beaches or desserts have been forced to surrender to skyscrapers, artificial lakes and enormous retail spaces. What’s more, the local government encourages this development by upholding a no personal, sales or corporate taxes policy. Such steps have had a marvelous impact on foreign investment and have allowed for a number of mega-projects to be staged in this magnificent city. What’s more, Dubai’s swift development has not resulted in city slums, poor buildings and a strained infrastructure. The economy has benefited in ways never before imagined from such mass investing and the standards of living here are higher than in most other parts of the world. It is facts like these - combined with the striking beauty of the ever-expanding facade of the city - that has earned the city the nickname Pearl of the Gulf.

First Time Home Buyer Tips

Buying your first home can be a frightening and daunting experience, but it doesn't have to be. In fact, it can actually be enjoyable, if you take the necessary steps to make sure you're ready to go through with the transaction. Here are some ideas on how to make your first home buying experience more enjoyable and less traumatic.
First, it's important to know just how much home you can afford. That will help you avoid the heartache of finding a home you love, only to discover that it's beyond your means. Find out what price range you need to be shopping in BEFORE you start looking!
One of the best ways to do that is to call or visit your local lenders and find out what types of loans are available and how much you can qualify for. There are many different types of loans available, and if this will be your first home, you'll have even more choices, because there are a number of programs specially designed to help people make their first home purchase. Talking with loan officers will also give you a chance to find out what other fees are involved in getting a loan. That way, you won't receive any unpleasant surprises when it comes to finalizing your mortgage transaction.
Find a real estate agent you're comfortable with, but also make sure they're knowledgeable about financing, real estate prices, and sales procedures in your area. They should also be able to demonstrate some success in negotiating sales. That's not to say there aren't good people in the field who are also brand new, but you'll want someone who can hold your hand throughout the process.
Don't sign an agreement to work with just one agent. If you agree to pay a commission to an agent, it obligates you to do that, even if you find a house yourself that's being sold by an owner. Keep your options open!
Create a checklist of the things you want most in your new home. It will help you stay focused on the things that are important to you and will serve as a reminder to look for those things in every home you visit. That way, you won't get overwhelmed by seeing many homes or get swept away by a home that's dramatic but doesn't contain the elements you're looking for.
Once you've found a home you like well enough to make an offer on, have a home inspection done by a reliable person. Especially if you're looking at a For Sale by Owner (FSBO) home, you may not want to agree to use the home inspector they suggest. Ask around and find one of your own.
Finally, don't let anyone pressure you into signing either the purchase papers or the loan documents without examining them closely. You have the right to read and to understand what you're signing, so take all the time you need. If you feel as if you need legal advice, ask to be able to show the papers to your attorney.
Buying a home doesn't have to be an exercise in frustration and terror. If you pay attention to details, gather the necessary information, and stay focused, it can be one of the most exciting things you'll ever do.

Free ebook: "Credit Tips for Mortgage Financing" at http://worryfreecredit.com
Jeanette Fisher teaches six steps to buying your first home. Free First Home Buyer Info
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Purchase Property With The Two-Note Technique

The two-note technique is another of the many ways to purchase property with no money down. It not only gets you into real estate with zero down, but it can also get the seller a good chunk of cash at closing. This is especially important if he has to pay off an existing mortgage loan on the property.

First, a definition is in order. What is a "note?" It is the debt instrument created to finance a real estate purchase. The most common example is a mortgage note. A bank loans you the money to buy a house, and you sign a note promising to repay, and you pledge the property as collateral. Other notes include land contracts, second mortgages, and any legal document obligating someone to repay a certain amount of money under specific terms.

You may be aware that a bank often sells it's mortgage loans to large funds that invest in such notes. Maybe you have had to start making the payments on your own home loan to some other place than the original lender. What you may not have thought of, is that if you someone owes you money on a property, you can sell that debt to an investor. More importantly, if you owe a seller on a real estate purchase, he can sell that note. This is crucial to understanding the two-note technique.

A Creative Way To Purchase Property

This creative way to purchase property may initially sound more complex than it is. Read through the following example a couple times, though, and you'll understand.

Suppose a seller is asking $350,000 for a rental property. He may only expect to get $335,000 in the end, right? Let's also assume he is willing to take payments on the property (much more common with investment properties than with homes). He hopes to make 7% on his equity instead of the 4 or 5% he'll make in the bank. The problem is that he needs to get at least $60,000 out of the deal in cash, to pay closing costs and to pay off the small mortgage balance remaining.

You, on the other hand, have to buy his real estate with no money of your own. You offer him $360,000, in the form of two mortgage notes, one for $280,000, and the other for $80,000. Amortized over 30 years, with 8% interest the payments on the first would be $2,054, and $587 per month on the second. You'll have total payments of $2,641 per month (be sure you still have cash flow).

As part of your offer, you arranged for the sale of the second note at closing for $60,000. Unfortunately that's all a note investor is likely to pay for an "unseasoned note". The seller gets that $60,000 at closing though, which is what he needed, and he gets 8% on the other $280,000, which is better than he expected. He effectively got $340,000 for his property, which is also more than the $335,000 he was expecting.

You now make payments to the seller of $2,054 every month for 30 years, or until the balloon is due, if the seller insisted on structuring the loan with one. The note investor gets your other payment of $587 per month. You invested none of your own money. In fact, if the seller had been willing to take $55,000 cash at closing and a note for $280,000, effectively getting him what he expected, you could keep the other $5,000 cash from the sale of the note for yourself. That might cover your closing costs, making this truly no money down.

The numbers and exact structure of the offer will be different in each deal. You might have some cash. The seller may need more cash, so the second note will have to be for a higher amount. Interest rates, balloon payments, and your credit rating all affect what a note buyer will pay for the note as well. In any case, the lesson is that you can create cash out of seller financing, meaning you can purchase property with nothing down, or with less down.

Copyright Steve Gillman. For a Free Real Estate Investing Course, visit: http://www.HousesUnderFiftyThousand.com

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