1HitProperty

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Ideally located in the heart of Emirates Road, Majan is next to Global Village, Mall of Arabia,
and just 10 minutes away from the Dubai International Airport.

A modern development which offers residential, office and mixed-use retail towers that line the perimeter of the site and generate the beat of the city, Majan also has fountains, parks and public squares that offer calm amidst the excitement.

• Residential

•Office

•Hotel

•Mixed-Use

• Entertainment & Leisure

•Retail

•Theatre

• Public Arena & Exhibition Center

• Water Features

• Community Facilities

• Open Space / Public Park

• Primary Substation

• District Cooling Plant

• Sewerage Treatment Plant

•Telecom Server

MSN : المسنجر

UAE@UAE.NET

The most exclusive penthouses, duplexes,
3, 2 and 1 bedroom apartments in the world.

Damac selects only the best award-winning architects from around the world. Top designer
house ‘Aedas’ deserves praise for the architectural magnificence of this 90-storey splendour.

Monarch of all it surveys in the prestigious Dubai Marina. Overlooking the Palm Jumeirah,
the 8th man-made wonder of the world.

MSN : المسنجر

UAE@UAE.NET

All I can say is that the ability for Dubai to attract foreign investment is beyond my imagination. Because of my job, I have the chance to go to Dubai which population is less than 5 millions. Although Dubai is a Muslim country and they applied stringent rules toward foreign investment in the region, but on the other hand, the development of economic measures taken by the open-door policy, is respected by people.

Do not feel the economic slowdown

Recognizing that oil will soon run out of resources, the Dubai Government has in recent years, make their effort to turn Dubai into the Middle East even an international financial center. At the same time develop tourism and industry vigorously. They built a lot of building, such as the world’s largest airport, the highest skyscraper, the highest hotel, the largest shopping mall in Dubai territory. So the ultra-high-end industries, skyscraper, the luxury hotel is also closely dependent on a common aspiration to churn money.

With the global financial crisis spread rapidly, but also on the Dubai International rating agency increased the level of public debt, said a high degree of concern, but walking in the downtown Dubai on the way, you still around the top to the bottom of the high-rise building, a vehicle on the road Another car carrying foreign workers to the site, you do not understand the signs of slowing down.

Dubai people are still full of confidence

A CEO of the property and real estate company said: “If you come again next month, there will be another new face, the development in Dubai is too fast, the lofty high-rise tower can be built quickly. Besides its strong financial resources, another reason is because there is no rain for Dubai in these few years.”

In the busy downtown, the subway project was in full swing to connect to a media city (Media City), the Internet City (Internet City), the Board of Education (Education City), and so on. They are all built inside the city, it is truly a multimedia corridor and the planning is amazing.

They are many people from the outside world worried about Dubai, but Dubai people are still full of confidence.

A Germans who been working in Dubai for 17 years claimed that, even though at this stage it is a very difficult period, but for his so many years of experience in Dubai, he said he absolutely able to cope with this crisis.

Next to the highway, I saw some of the previously announced local listed company logo who successfully bid for the Dubai projects. In the hotel where I stay, a local real estate group is promoting the high-end properties in The World.

While the global financial crisis spread rapidly, Dubai fast-growing financial district which relies on foreign funds, also cannot escape from the crisis. Thus, in order to stabilize local investor confidence, the United Arab Emirates government throws 20 billion dirham (about 400 billion USD) into the financial sector in just one month.

To maintain zero-deficit budget

Despite pressure from the global financial crisis, for 2009 budgeting, the United Arab Emirates government has just presented a total value of 420 billion dirham (about 140 billion USD) without implement any new tax and fee structure. The government still stick to its zero-deficit budget as usual.

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UAE@UAE.NET

Designed by Tony Ashai, the architect behind Shah Rukh Khan Boulevard, the gorgeous Santorini development located on Marjan Island in Ras Al Khaimah, was introduced to a throng of eager investors and Hollywood and Bollywood stars. The project with its distinctive blue domes and unique architecture quickly sold out and is considered one of the area’s top developments.