Any person in search of real estate assets in the United Arab Emirates does not need to look any further than Dubai. From beaches to sporting arenas, department stores, spas and much more, Dubai offers all the amenities. Furthermore, highly profitable prospects for job seekers and business owners bring in expatriates every year, and coupled with a minimal amount of crime, makes Dubai a safe and secure place for family's.
The Growing Dubai Property Market
After a sluggish start, the property market in Dubai picked up momentum as renting and property values settled down substantially during the last quarter of 2011. At present, the burgeoning construction of new hotels, villas, condo houses and commercial buildings plays a part in Dubai's emergence as a significant real estate hub.
Residential Real Estate in Dubai
Although all areas of Dubai's property market show growth, the need for Dubai luxury homes has risen the fastest, and their relative scarcity has led to a similar increase in prices. In the first quarter of 2012, the value of villas increased by around four percent, and rents for similar homes went up by between 2 and 3 percent. Simultaneously, rents for one-bedroom apartments in downtown Dubai rose by 5 percent.
Commercial Real Estate in Dubai
In the year 2011, an unfortunate lack of productive business deals caused the commercial market in Dubai to decline by about 2 percent, with a drop of about 1% in company office rental income. Experts, however, anticipate a coming resurgence in Dubai's commercial sector as building owners improve their properties, extend incentives and alert possible tenants about the safety of Dubai's business community.
Property Management Service in Dubai
Anybody making an investment in Dubai real estate for rental reasons, can capitalize on the city's numerous professional property management services. A decent property management service does not only collect rents, inspect buildings, take care of leases and budget expenditures, but a skilled property manager will also provide the absentee landlord with peace of mind, making the experience advantageous to all involved.
What's the Outlook for Real Estate in Dubai?
Throughout the second quarter of 2012, Dubai's real estate sector continued to grow, especially in the Dubai luxury homes sector. Real estate agents now expect to see a renewed housing boom in Dubai in 2013.
In general, Dubai's real estate sector is on the right track, with rental and luxury residential properties showing the greatest promise. If, as is hoped, the solid growth spreads from the heart of the city to its outlying suburbs, the foreseeable future of Dubai real estate should remain exceptionally bright.
The Growing Dubai Property Market
After a sluggish start, the property market in Dubai picked up momentum as renting and property values settled down substantially during the last quarter of 2011. At present, the burgeoning construction of new hotels, villas, condo houses and commercial buildings plays a part in Dubai's emergence as a significant real estate hub.
Residential Real Estate in Dubai
Although all areas of Dubai's property market show growth, the need for Dubai luxury homes has risen the fastest, and their relative scarcity has led to a similar increase in prices. In the first quarter of 2012, the value of villas increased by around four percent, and rents for similar homes went up by between 2 and 3 percent. Simultaneously, rents for one-bedroom apartments in downtown Dubai rose by 5 percent.
Commercial Real Estate in Dubai
In the year 2011, an unfortunate lack of productive business deals caused the commercial market in Dubai to decline by about 2 percent, with a drop of about 1% in company office rental income. Experts, however, anticipate a coming resurgence in Dubai's commercial sector as building owners improve their properties, extend incentives and alert possible tenants about the safety of Dubai's business community.
Property Management Service in Dubai
Anybody making an investment in Dubai real estate for rental reasons, can capitalize on the city's numerous professional property management services. A decent property management service does not only collect rents, inspect buildings, take care of leases and budget expenditures, but a skilled property manager will also provide the absentee landlord with peace of mind, making the experience advantageous to all involved.
What's the Outlook for Real Estate in Dubai?
Throughout the second quarter of 2012, Dubai's real estate sector continued to grow, especially in the Dubai luxury homes sector. Real estate agents now expect to see a renewed housing boom in Dubai in 2013.
In general, Dubai's real estate sector is on the right track, with rental and luxury residential properties showing the greatest promise. If, as is hoped, the solid growth spreads from the heart of the city to its outlying suburbs, the foreseeable future of Dubai real estate should remain exceptionally bright.
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It doesn't matter if you want to find out about Dubai hotels, or a Dubai location that will be best to purchase property, Oryx World has it covered. Oryxworld.com.
LIH Group offers a Global Portfolio Management service where we can be instructed to manage a complete portfolio of real estate investments in a particular country or in our network of various countries around the world, Property Management Dubai
ReplyDeleteOur Property Management services offer the perfect solution for your Dubai property. We take the everyday headaches out of being a landlord and research shows that more tenants are willing to renew and pay a higher premium for properties which are professionally managed, Property Management Dubai.
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