Dubai Real Estate Agent Company - Property Buying & Selling in Dubai

Dubai Real Estate Agent Company - Property Buying & Selling in Dubai

The luxury lifestyle that Dubai offers is perfect for the discerning tourist; the city boasts over 30 five-star hotels, and has more hotel rooms than Miami Beach. A wealth of first class restaurants conjures up a world of tastes from around the globe. In fact, the only difficulty you’ll have in terms of food is making your mind up what to choose. From Japanese to Lebanese, the variety of restaurants in Dubai is the best in the region.

If you enjoy sports, then Dubai is leading the way in the Middle East. Prime sporting events held annually include the Dubai World Cup (the richest horse race in the world), International Power Boat Racing, Dubai Desert Classic Golf Tournament, Dubai Tennis Open and the Dubai Rugby Sevens. Dubai also offers a great range of choices for the active visitor: a selection of some of the world’s best golf courses, water sports, and unique opportunities for desert adventures.

If you like to shop, then Dubai is a dream; if you are not a shopaholic, and then prepare to become one. Whether it’s refined boutiques or grandiose shopping malls or great value independent outlets, there is something for everyone. Retail is such an important part of Dubai that there are two festivals a year to celebrate shopping: the hugely successful Dubai Shopping Festival (January - February) now attracts more than 3 million visitors, while the Dubai Summer Surprises has been unleashing summers of fun and learning since the summer of 1998.

Dubai real estate agent is providing residential and commercial accommodation both for purchase of freehold properties and leasing property on rental basis. The company is based in Dubai with business extensions in Abu Dhabi and Ajman. The company specializes in all aspects to the property market within the UAE and Dubai mainly. Commercial freehold office space for buying within the very popular Business Bay area is overseen by their commercial team of consultants, whether it is the iconic Iris Bay, One Business Bay, Opus, Gemini, The Binary, B2B Tower, Churchill Executive, or any freehold office space to purchase.

Residential accommodation is overseen by their experienced sales consultants who specialize in all freehold areas, where it is a freehold luxury villa, apartment, penthouse or even a studio, in Arabian Ranches, Discovery Gardens, International City, Jumeirah Islands, Meadows, Springs, Al Barari luxury villas, Garden Homes to Signature villas on Palm Jumeirah, and yet to be delivered on the secondary resale market Palm Jebel Ali.

Dubai, a great place to live! The Dubai Properties and Real Estate is a reserve center for assets long term investment and real value for money. We real estate agent’s services, where you will find a capital of sequence on several kinds of Chapter as well as property selling, buying, rentals, real estate agents, Dubai housing market updates, mortgages / home loans, Dubai freehold properties, relocating, Dubai real estate investing, trends, financial analyst, Middle East real estate news and professional reviews.

Freehold Properties: The core idea behind Freehold in the Dubai/United Arab Emirates was implemented in 2002 with Dubai chief the way. In a familiar sight travel, the Dubai government legalists overseas possession of properties

Find property buy and sale in a row for all of UAE together with Sharjah, Muskat, Abu Dhabi, Ajman Ras Al Khaima and Oman Al-Quain Whole United Arab Emirates.

Dubai or not to Buy? A Short Assessment of the Dubai Property Market

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 .5 billion worth of projects under construction, compared with 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’s 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 property 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.

Dubai property Is Over - Hardly

It seems that every time I tell someone what I do, I get the same reply. It goes something like this

“Dubai property is over, yesterdays news”

“Really?” I say,

“Absolutely, it was booming a few years ago but not anymore”,

“According to whom?” I ask

“Everyone”

Good news all round

It seems that the property developers don’t share these concerns as billions of dollars have been invested into projects newly announced this year. The largest project announced in Dubai to date was announced this year. Capital values haven’t stopped increasing and concurrently neither have rental values.

The finance market is on the up and starting to mature. A broader range of finance products have been announced by existing banks offering more sophisticated and developed options as well as many newer banks moving in and presenting their spectrum of products.

There are also an endless number of articles by financial advisers which sing the praises of investing in Dubai property. These cover topics such as the new property laws that have been introduced which have supported international investment in Dubai through to anecdotes about 25% of the world’s cranes being located in Dubai.

It is hard to believe that so many large organisations that have invested billions in Dubai have not done their due diligence beforehand.

No news is bad news

It seems that the concerns of the naysayer arose not from negative reports of Dubai but rather a lack of positive ones. All this information is not filtering through to the public at large, at least not in the UK. Dubai is no longer mainstream news as it was five years ago. The novelty of giant artificial islands or an entire brand new city made from the ground up in the desert has worn off. In order to find new information, specialist news services on the Middle East or international economy and property have to be read.

As a result people are not as excited about Dubai property as they were five years ago when it could be argued that it is now a more exciting time. Emirate Ventures Ltd, a UK based Dubai property agency, has seen a healthy level of inquiries and sales continue despite this change in perception.

Everyone is an expert apparently, but the real experts agree that Dubai is not over by any means. It has matured and continuing to grow at a very healthy pace.

Freehold Property Investment in Dubai

In 2002 Dubai made modifications to its constitution and passed the freehold law that allows for the freehold ownership of real estate in Dubai by any foreigner. And ever since then Dubai has become an international hotspot for property and the demand for real estate has exceeded the supply. Having said that there is doubt that at present Dubai is probably the safest bet for making overseas property investments.

Dubai has always been known for extraordinary architectural developments and breathtaking designs, and one such example of architectural intelligence is world’s only 7-star hotel situated in Dubai. Demand for property in Dubai is so intense that property prices have seen considerable appreciation in the last two or three years.

Why the Real Estate Market in Dubai is heating up?

You must be wondering what caused this sudden rush for property investments in Dubai. The main reason behind this sudden increase in demand for real estate in Dubai is the fact that property laws in Dubai allow freehold ownership of land by any foreigner. Property owners can sell or rent out the property whenever they want. Ownership of freehold property also entitles the owner to a 3 year renewable residence visa. But this law applies to only a certain designated areas in Dubai. And the other big reason for this surge in real estate market in Dubai is the fact that no taxes are applied on income or property transactions in Dubai.

The other reason that can be seen as the driving force behind the real estate market in Dubai is the presence of a huge number of multinational companies. And these multinational companies have created a lot of jobs in Dubai; therefore the people working with these MNCs are either opting for rented accommodation or buying their own houses. This has considerably increased the demand for both the rented and owned property and which in turn has increased both the property prices and monthly rentals. Also property investment in Dubai is very simple and requires minimal paperwork, and sales agreement is all that you need to buy property in Dubai.

One of the most popular property developments in Dubai is Damac Heights; the 90-storey splendor designed by top designer house ‘Aedas’. Overlooking the Palm Jumeirah, this 8th man-made wonder offers the most exclusive penthouses, duplexes, 3, 2 and 1 bedroom apartments in the world.
Damac Properties are the largest private master developers in the Middle East offering the most exclusive Dubai Real Estate, Dubai Freehold Property and Dubai Investment Property for sale.

Guidelines For Property in Dubai

When buying a property, you should always undertake due diligence so you completely understand the whole process.  It is advisable that you seek advice from local experts such as a solicitor, real estate agent etc.  Do not assume that any transaction you enter into will work the same way as one you entered into in your original country of residence.  Read everything very carefully and never sign anything unless you are certain that you completely understand it.

There are a number of rules and regulations surrounding the purchase of property by foreign residents.    Property can be purchased by a foreign individual or company so again take advice as owning property via a company may be more tax efficient.  Whilst there are no taxes on property in Dubai, your original country of residence may impose taxes such as inheritance tax on worldwide assets in the event of death.

Recent changes in the law have allowed foreign residents to own the freehold of certain properties in certain areas of Dubai.  This is the most attractive form of property ownership as it allows you complete freedom and control over the property.  But it does not yet apply to all property transactions.

Other forms of ownership are available such as 99 year leasehold - you own the property for a period of 99 years after which it returns to the freeholder. 

Despite the fact that you do not own the freehold to the property, you may be responsible for maintenance and upkeep so be sure to know the approximate costs of these expenses.  The lease may also have conditions on what you are allowed to do with the property with regards to decor, extensions and renovations.

The Sharia laws in the Emirates may result in the property not passing to your wife should you predecease her.  There are ways around this, but given it is a very complex area, seek the advice of a local expert.

When purchasing a property, you need to ensure you are buying from the actual owner.  It is the title certificate which proves ownership in Dubai - no other contract or purchase agreement is sufficient proof.  It goes without saying that the title certificate should be checked against the records of the Land Department to ensure you are not looking at a forged document. You are allowed to inspect the property register provided you can prove you have a genuine reason for doing so.  In addition you can request a certified copy of the property register relevant to your potential purchase.

Mortgages are becoming more freely available to foreign residents.  The usual term of the loan is 15 years and the interest rate tends to be linked to the US rates.  You should shop around before making a commitment on a mortgage as terms and rates do vary.  Again seek advice from a reputable advisor. It is worthwhile speaking to various members of the expat community to seek a personal recommendation for someone who assisted them in their property transaction.

A property purchase in any country is a huge financial commitment.  Take time to do it properly so you can enjoy your new home.

Invest In Dubai Property

Located on the southern coast of Persian or Arabian Gulf, Dubai is the 2nd largest of the seven emirates that constitute United Arab Emirates. Dubai has a population of 1.35 million inhabitants of which majority consist of expatriates. Dubai has the biggest population among other cities of UAE. Major parts of Dubai consist of rolling sand dunes. During the last few decades, Dubai has experienced a hasty development in every field of life. Twenty years back and you would find Dubai, a city inhabited by itinerant Bedouin roving across with their flocks and herds. Today, Dubai has become one of the most modern cities in the world. With the continued boom in industry sectors such as tourism industry and Dubai Property industry, Dubai has fast become the center of attraction for millions of people and businessman around the globe.

To some extent, Dubai is little different from rest of six Emirates of UAE. Unlike other Emirates, revenues from oil products contribute only 6% of the Gross Domestic Products of Dubai. The major contributors in its GDP are the tourism sector and the real estate sector. Later has gain a significant importance in the economical growth of Dubai. Today Dubai proudly holds some of the tallest skyscrapers in the world.

With nonpareil facilities and lifestyle on offer in Dubai, many people are planning to make Dubai as their second home. Some are even planning to relocate their. This has resulted in an increase in the property demand in Dubai. The increase in the demand of Dubai property for sale has forced the hike in price for properties in Dubai. With the announcement of new laws for property in Dubai, Dubai has able to magnetize many property investors around the globe. According to AME Info (leading press release website about Middle East), a massive investment of USD 4 billion has been committed in the Dubai property market since the passing of new laws for property in Dubai.

Dubai Investment Fund has planned to broaden the horizons of property investment across the following three branches of Dubai property market.

1- Commercial Property in Dubai

2- Industrial Property in Dubai

3- Residential Property in Dubai

DIF has aimed about 15 to 20% annual growth in the investment funds for Dubai property sector. One of the major developments in Dubai real estate market has been the announcement of new Dubai Freehold Property Zones. Expatriates can own in these zones either on permanent basis or on the basis of 99 years lease. This factor has significantly intensified the Dubai property market. All of a sudden, Dubai property market converted from an average local market into a full of activity international market. With matchless lifestyle Dubai has now become the heaven for millions of people in quest of a trendy and out of this world lifestyle.

The Dubai property prices have shown a significant upward trend during the last few years. Dubai property market has seen a 40% increase in the rental price against the property for rent in Dubai during the first six months of 2005. The price of property for sale in Dubai has also seen an increase between 20 to 50% during 2006. According to many real estate experts, this is the best time to invest in Dubai property market as prices are set to see more heights during the upcoming years with ever increasing property demands. Many investors are turning to invest in Dubai property market to take home their share of benefits that Dubai property market has on offer for its investors. There is a lot of profit on offer in Dubai property market if you can play your cards well. All one needs is the careful survey of Dubai property market.

Investing in Dubai Property Market

Dubai is certainly a dynamic property market. Villas and townhouses are sold within a very short period of time. Developers offer rebates to investors who invest heavily and if you buy an entire floor of a building, chances are there that you will be offered discounts that will position you to achieve windfall capital gains over a period of time.

However, there are some regulations; especially if you are a non resident. The first and foremost is that you must have resident visa to buy property in Dubai. But those who have the resident visa with themselves or are the residents of Emirates, are sitting on a stack of opportunities.

With its ever-flourishing economy and increasing headcount, residential properties in Dubai enjoy astonishing volume of demand. According to the estimates of Emaar, a Dubai-based developer, there are about 20 residential projects that are open for sale in Dubai, currently.

Most of the property projects are located within the radius of 20 kms of the central business district where the Sheikh Zayed Highway runs alongside the emerging Burj Dubai district. Projects near the location of ‘Dubai International Financial City’ are the most sought-after ones that have the potential to deliver returns to the tune of 50-200 per cent in the next three years.

For investors looking for regular income in the form of monthly rental, furnished apartments offer superior rate of return on investment. Unfurnished properties in Dubai, on the other hand, are preferred by mostly the non residents who move into the city just recently.

For more details on Dubai Real Estate log on to magicbricks.com

Investing in Dubai Property

Property Investment is a growing industry, as global markets go up and down daily, you need a safe and stable place to invest. Property is a key investment option of many people’s portfolio. You can invest in property and have a nice place to retire or you can have it as an investment for the future. However you don’t want to just buy any property anywhere, you need to find the right area for development. This can be difficult, but it can be done and you will be able to find the right Property Abroad

One of the key markets for investment is Property in Dubai. There are many options for those who want a good return on their initial capital outlay and the selection of Dubai Properties can suit many budgets. It is because of this that you need to move quickly, but smartly, when it comes to planning to Invest in Dubai. You need to make sure that you not only get the right advice, but also that you get the right property.

When it comes to Dubai Property investment, you need to have the right advice. Dubai is a thriving investment area and you can get lost in all of the different deals and areas that are waiting for you. Having suitable professional help will guarantee that your budget is catered for and that you feel relatively little stress when it comes to your Property Investment.

Thanks to the huge growth potential of the Dubai Property market you can find a suitable property. However, it must be said that as Dubai is one of the cultural and vibrant places to live on Earth, the cost of living has to be accounted for. The lowest end of the Property in Dubai investment costs start at around £20,000. This can suit you if you have a small budget but you feel that Dubai will give you excellent return in the future. These properties will be comfortable and pleasant to live in and will give you a real flavor of Dubai life.

For those who can afford true Dubai living then the high end of the Property Investment market can be over £1,000,000. This is for those who want to have the luxurious and sumptuous lifestyle that Dubai truly offers. If you have the budget for this type of property then you will have some of the best options that Dubai has to offer. The return on these properties will be beyond your wildest dreams.

There are many different styles of Property in Dubai, many different buildings which cater for contemporary, modern and traditional tastes. All Dubai Property is expertly made and lovingly furnished and can offer you great year round rental possibilities. Rental in the Dubai Property market is a big industry, you can make year round profits from your investment and you can make money even when you are not in Dubai.

When you think of Property Investment seriously consider Dubai as the only place to buy!

Investment Property in Dubai

A few years back, many investors would have thought that an orthodox country such as the UAE could be a lucrative real estate investment destination. But with a little foresight and intelligent alliances, the rulers of the UAE have transformed the oil-dependent Middle East country into a major tourist hub with huge investment opportunities being thrown open to the global real estate investors looking to buy property in Dubai.

Dubai is a dream destination as far as temporary or permanent visitors in the country are concerned. The Europeans just love the modern amenities readily available for cheaper prices than their home countries. The guarantee of quality life at highly affordable cost of living makes Dubai a real hot potato for the British real estate investors.

Property Market in UAE - Dubai

Dubai is on the move and some serious developmental projects are under way on a large scale to transform the fortunes of the country. Almost everyday, reputed international companies are exploring the means of setting up their shop in Dubai. This is attributed to some aggressive promotional and developmental strategies adopted by the government.

The Burj Tower, with 188 storeys, is set to be the highest building of the world housing the 7-star Al-Burj Hotel. The Burj Tower is the jewel in the crown as far as high-rise and skyscrapers are concerned. Dubai is planning to host more than 200 buildings to increase its population from present 1.3 million to 4 million by 2015.

The country as a whole has some enchanting sites to visit. From the sand dunes of great deserts to pristine beaches to rugged mountains to lush-green well-maintained parks to ancient villages to places of worship to swanky shopping malls, you name it and you have it in and around Dubai.

The country offers an open port with low import duties. That’s why duty-free shopping in Dubai is on a high-priority list for the locals as well as visitors in the country. It is impossible to find a woman who has not heard about the annual Dubai Jewellery Shopping Festival.

Many European families prefer Dubai as a second-home destination because they can easily find maids and helpers at a fraction of what it costs in Europe and America. Such facilities are common in Dubai due to a large migrant population from Asian countries, like India, Pakistan, and Bangladesh, who are looking for menial jobs with decent pay.

Even though the UAE is a Muslim country, Dubai is an epitome of multi-culturalism in the Sheikhdom. For long, it was dependent on the Petrodollars for perking up its economy. However, the recent interest in developing tourism and tourist-related activities in and around Dubai means the investors are flocking in their droves.

International Golf and Tennis tournaments have lifted the global profile of Dubai and it’s been increasingly seen as a hub of international activities, particularly in the Middle East. You can also indulge in plenty of aquatic adventures, such as scuba diving and snorkelling, on a vast Mediterranean coastline. And while, in Dubai, don’t miss out on exploring the Manhattan of the Middle East, the Abu Dhabi City!

Dubai Calling !

Seeing the growth potential of Dubai, the government has emersed itself in overdrive in attempt to attract high-end as well as low-end global real estate investors. For the high-end investors, there is Palm Island property which currently attracts international celebrities, like David Beckham, don’t be surprised if your sharing your neighbourhood with a top Hollywood or sporting celebrity!

Even if you are planning to buy property for rental purposes, there’s no place better than Dubai. The city is fast turning into a services hub, which generates immense demand for Studio Apartments as well as separate dwelling units for small and medium families.

Some of the other attractive features that’ll surely lure you to invest in Dubai property include -

No Capital Gains Tax

Immense capital appreciation (15% - 25% annually)

Simplified buying process

Freehold for foreign investors

World class entertainment and other facilities

Year-round sunshine

The price of Studio Apartments in Lakeside Development - IMPZ start from £49K, and other properties starting from as low as £23,000. Cheap apartments in Dubai are fast becoming a favourite of the astute property investor.

The Disneyland attraction in Dubai also contributes to a huge demand for Dubai property from just about every kind of investor.

The best part of investing in Dubai as an overseas investor is your status as a property owner. You will be a freehold owner of the Dubai property you purchase. To meaningfully make investment attractive in Dubai, the government has also relaxed several formalities and done away with rigorous procedures. It’s now much easier to invest in a high-end Dubai property with minimum help from a legally qualified professional. However, the language issue may compel you to hire a professional who can guide you accurately in realizing your Dubai real estate dreams.

Options Galore in Dubai Property

Dubai property scene is constantly under a state of flux. More and more people in Dubai property market are opting for their own roof over their heads, instead of renting property in Dubai. Overseas visitors are getting to experience the cosmopolitan culture here and are investing in Dubai property.

Why is Dubai property selling like hot cakes? Quality lifestyle is one reason. And secondly, there is an abundance of options in Dubai property! It offers anything from studio apartments and individual villas to town houses and condominiums.

A condominium or condo for short is a property type with individually owned units in a multi-unit development. In addition to these privately owned apartments, the common areas such as foyers, recreational areas and lawns are jointly owned by all the residents of the development. Dubai property market is flooded with condo options, more often condo hotels. Individual owners can put their unit to personal use or pool it with the hotel’s management team for rental. Condo hotels are one of the prominent Dubai property options available at present. They have close access to recreational facilities, theme parks, casinos, etc. These hotels have the potential to generate high rental yields for the owner in the Dubai property market. Rentals of up to 8 percent per year are guaranteed.

An independent apartment in Dubai property market can range between 500,000 to 12,000,000 AED*. A studio apartment is a bachelor apartment with one large hall which is used as a living room, dining room and bedroom all rolled in one. Even the kitchen is usually a part of this room and the apartment is complete with a smaller room as a bathroom. The minimum price of a studio apartment in Dubai property market is 275,000 AED. It can go up to 500,000 AED. At the same time, a studio apartment in Dubai can be rented for about 400 AED a day.

A villa is an upper class house which has its own compound. It is usually located in a countryside or sub-urban locality. The price of a villa starts at about 1,500,000 AED and can soar up to 20,000,000 AED in Dubai property market, depending upon the location and property area. Palm Islands, Dubai Land, Meadows and Arabian Ranches are some of the premium villa locations in the Dubai property matrix.

A townhouse is an independent house usually in the urban area. There can be a group of town houses in a community. Each town house is individually owned by the buyer who also owns the land on which the house has been built. Buying a town house property in Dubai provides the luxury of having access to swimming pools, golf courses, private beaches and lush gardens. Dubai property industry offers these at a starting price of around 900,000 AED.

Overseas investors, both individual and commercial, look upon Dubai property as a site to extend their investment portfolios with more promising returns than their respective home countries.

*AED: Emirati Dirham; 1 US Dollar = 3.67370 AED; 1 AED = Rs.11.10112