Since 2008, UAE mortgage market had not been performing well. The economic crunch that hit Dubai economy in 2008, proved to be worst for its real estate sector. The investor’s confidence on Dubai real estate was badly shattered due to glut of oversupply. This kept the investors away from investment, which even made the situation worst. There was a time when owners of the ready properties were reluctant to take over their ownership due to fear of losing their money. People, who were availing mortgage loans started to make defaults, which increased the portfolios of non-performing loans of the banks. As a result, almost all the banks operating in UAE devised out stringent mortgage policies to secure their investment.

Since 2010, UAE real estate sector have been moving gradually towards stabilization. Prices across many regions in UAE like Arabian ranches and Palm Jumeirah are inching up. The current low prices and their higher probability to increase drastically in the near future is tempting astute investors to invest in Dubai real estate for long term yield. Banks are realizing the need of mortgage loans in the market and are thinking on ways to reduce their lending criteria’s.

The value of total mortgage loans issued in 2010 was up by 15% as compared to the loans issued in 2009. No severe default examples were reported in 2010, which motivated bankers to reduce their lending criteria further so that more and more people could apply for the mortgages. In 2011, Central bank of Dubai has reduced EIBOR, which has decreased the mortgage loans of every single bank operating in UAE.

Currently mortgage rates are 8%-9% down from 2008. This shows that banks have greater liquidity and they can easily uplift demand of UAE properties by offering easy and cheap mortgage loans. Prices of Dubai properties currently touching bottom level and low mortgage rates are encouraging buyers to have their own homes in UAE.

Not only this, UAE banks are also introducing new and unique mortgage products that favour buyers from every aspect. Besides that, lenders are also advising buyers on different types of mortgage finances. To name a few the most active banks in this regard are Abu Dhabi commercial bank, RAKbank, Dubai Islamic bank, Standard Chartered bank and Mashreq bank. Moreover, Barclay’s and HSBC are also offering lowest rates at easy terms and conditions. All this is increasing the appetite of home loans in UAE and as a result, UAE’s mortgage market is springing back to life.

Many people are interested in buying gold in Dubai but would like to know how can they make it. To help them out with my personal experience as my dad has short stint as a jeweler and Kish’s jewelry buying experience in Dubai and so I would like to share with you of what I know regarding buying gold and silver in Dubai.

Dubai is dubbed as the “City of Gold” by a lot of people. You are going to get amazed if you happen to have a chance by visiting the Dubai gold market, which is also generally called Dubai gold souk. The Dubai gold and silver market will provide you with the top quality, the most range as well as the most reasonable prices on both gold and silver.

Today, there are a lot of foreigners going to Dubai with the sole purpose of buying gold and silver in Dubai. This can be seem as a silly thing when you first heard about it, however the price variation would just makes most people think is worth for them to do so.

What is the best time to shop for silver and gold in Dubai?

If you wish to get the best offers, you should not go there during shopping carnivals (you will know why by keep reading on).

If you want to have a wide variety of choices, then yes, you should go during the shopping carnivals. Most of the gold stores are typically open to do business at 10am and close at 2pm. They will then re-open again at 5pm and will remain open until 10:30pm. If you don’t want to be rush, it is advisable for you to get there in the early morning so that you will have enough time to choose for your ideal stuff.

Where are the location of the Gold Souks?

Most of the gold souks are actually located at Deira. In order to go there, you need to take a taxi and most of the taxi drivers will be able to recommend you which place to go. If you want to have more scenic ride on your journey to Deira, then you should think of taking the Abra ride to cross the river from the Bur Dubai side to Deira.

Mind-boggling Choice

You are going to find everything you want in gold and silver in Deira. The available choice could be mind-boggling and most of the times those shoppers end up over buying and running out of their traveling money simply because of the attraction and the best bargains.

The Dubai gold and silver market is constituted by hundreds of gold vendors. The entire region of the UAE is regarded the biggest importer of pure silver. You will be able to get almost all types of choices in gold and silver jewelry which included Arabic, Indian, Italian and many more.

Tax on Gold and Silver

The best thing for buying gold in Dubai is you will not have any worry about the tax since no tax is going to charge on any gold that you buy. Furthermore, since vendors don’t need to pay for any heavy trade taxes and tariffs, so they are able to offer customers with more discounts.

Price Negotiation

Almost all gold vendors in Dubai know that many customers will want to negotiate and bargain for the best price before making the deal, so at first they usually will quote for a higher price for the item. If you simply agree to the price that they first quoted to you, then you are almost guarantee that you would be overpaying. To avoid that happen to you, you should asking for discount until they give you the prices that you think is reasonable and you will save yourself money and feeling happy because of doing so.

Besides, you could as well price it out to the a huge selection of other gold and silver shops to see which shop could offer you with the best price. Trust me, no vendor would want to loose your business. They’ll do anything to get your sale. You can do an experiment by going to a shop, asking for the price for an item, and when the vendor quote you the price and you said too high and ask him to cut down the price, after a few bargain you still feel the price is too high, you can then try to say “no thanks” and walk out of the store, you will see the vendor going to chase after you and offer you with a much lower price.

What Type of Gold Will You Find?

Anything and every thing. Gold bars, gold pens, gold watches, gold wallets, gold clocks, cufflinks, diamond rings, sets, chains, money clips and holders, bangles and etc. You’ll discover yellow gold and white gold (increasing over time). But a single point is for sure, you’ll rarely find something reduce than a 22 carat concentration. Dubai gold is going to be some of the softest and the yellow-est silver you’ll ever see. It tend to be pure as the holly water.

Gold Pricing

Price is generation determined by the concentration (carat) and also the thickness. These two components figure out most diamond jewelry pricing. The price will vary daily, however it is usually the same from shop to shop. Check the gold price for that day before heading out for shopping. Price is measure in Bucks or Dirhams every gram.

See in the West, most jewelry is priced every piece and no breakdown is provided to the customer. In Dubai, you are able to break out the price from the actual gold versus the cost of the workmanship or style. This way you can truly negotiate.

So for example, you just like a gold necklace and you are quoted a price of $150. You find out the weight and concentration of gold and you do the math. You come to a calculation where the gold is worth $100. That means you’re getting charged $50 for the labor (the make of the necklace). That is where you can haggle and provide the cost down.

Is Artificial Gold A Major Concern?

This really is of most importance when come to the practice of how to buy gold. Artificial gold is not a concern as of from the time this discussion was made. I doubt it’ll actually be a worry. Dubai includes a really high status to preserve. The Federal government has implement with rigid laws on unfair company practices, including selling duplicates and fakes. There is a lot of monitoring and oversight that continues, so you can be 99.9% certain which you are obtaining a good product. Nothing in life is 100%, not even life itself.

When The Time To Get The Best Designs?

If price isn’t a concern and you would like the best and newest styles, I recommend you go during the Dubai Shopping Festival or the Dubai Summer Festival. This is when foreigners from all over the globe come to Dubai for shopping. Sellers release their new styles at this time as well. Be ready to pay a premium nevertheless. Greatest bargains on Dubai gold are discovered when shopping during off-season.

Can You Sell Your Aged Gold?

Some sellers will purchase your aged gold while others might not. Just be prepared to solve a great deal of questions. Vendors are really cautious in purchasing gold. They require to make sure they are receiving the real thing the same as you would like to ensure you receive actual gold whenever you purchase. Trust me; they know how to buy gold. I suggest getting old gold melted and getting some thing made away from it rather than promoting it. You can try.

Can You Have It Custom Made?

Of course. These vendors are great. They’re experts. Just provide some pictures of what you would like, or instruct them on what to complete and how you can do it. It’s greatest if you get in touch with them ahead of time, leaving enough time to inspect the piece and having modifications made to it.

It isn’t uncommon for foreigners to bring pictures of designer jewelry and get pieces created the same as them.

How to purchase Gold in Dubai for the Best Price?

There are two ingredients to this equation. 1) carry money and 2) negotiate hard. With cash in hand, vendors know that you are prepared and most importantly able to invest. They’ll treat you with all seriousness and make certain they get your sale.

Bank cards are accepted everywhere, but if you have other things that speaks louder than money? The great point is the fact that it’s secure to bring cash in Dubai. Many often do and come out with the best offers.

Where the precise place to purchase gold in Dubai?

For me, I preferred Alukkas. They’ve usually stood out from the crowd to me. They have a huge choice of Indian jewelry and are located throughout the UAE. They’re large, reputable and also have often given me a few of the greatest deals when buying for gold in Dubai. Their representatives are also of the greatest to inquiries about how to purchase gold.

But very honestly, buy from anywhere you find the best offer on an item you like the best. You’ll definitely get a good offer as long as you purchase gold in Dubai. But shopping for gold is not an daily occurrence. It is really a luxurious experience that you would like to consider time with and appreciate each and every bit of.

Invest in Dubai

Dubai is situated in the Arabian Gulf and is a very popular tourist destination for visitors from around the world. It is quite different from most of the other Arab nations. Unlike many other countries in the Middle East that are hotspots of terrorism and political upheavals, Dubai is refreshingly calm and serene with a laid back feel. It is liberal in its views and is modern with a global outlook. It has therefore managed to become a focal point in the Middle East for tourism as well as businesses. Companies as well as individuals have started to invest in Dubai. This is one of the main reasons for the liberalization of the region. The Royal family which rules the region wants people from all over the world to invest in Dubai and make it a major commercial and residential hub in the Middle East.

Why Invest in Dubai?

Dubai has extremely business-friendly policies which attracts a huge amount of investors. One of the reasons people invest in there is because full repatriation of profit and capital is permitted by state policies. Moreover, there is no sales tax or income tax over there which is another attractive feature. People therefore wish to invest in Dubai, work there or permanently settle with their families in the city. People who invest in the area by purchasing freehold properties, they are given the opportunity to either occupy the properties themselves or rent them out to tourists, visitors or people working in Dubai. Due to the tax-free lifestyle in the city, there are a number of people working in the region who live in rented homes. Therefore, people who wish to rent their homes to workers can easily find tenants for their homes. When they eventually sell their properties, they are also allowed to repatriate 100% of the investment.

Since the availability of land is limited in Dubai, the government has initiated one of the biggest land reclamation projects in the region. Huge man-made islands in the shape of a palm tree have been constructed in the ocean which has become the site for community residential construction projects. People who wish to invest in Dubai can buy freehold properties on these islands. Known as the Palm Islands, there are a total of three huge islands with a coastline extending to 520 kilometers. These islands are in the form of narrow strips of land where just two rows of houses are built with the sea on either side of the land strip. Therefore, everyone who opts to invest over there to purchase one of these properties gets access to their own private beach. This is one of the main reasons that people are attracted to invest in Dubai.

A large number of international investors have been lured in to invest in Dubai in the various freehold properties in many of the newly developed Palm islands. It is almost like a peaceful oasis in the vastly hostile Middle East region. Its stable political atmosphere combined with its liberal views has made it a very attractive investment destination. People therefore grab the opportunity to invest in Dubai as soon as possible.

Things and Documents Required For Doing Business in UAE

Doing business in United Arab Emirates(UAE) is rather simple as long as you have all the required documents and necessary things in place. Things and documents that you need to have including office space, sponsorship agreement, labor and Immigration computer cards, trade license, your driving license, your ‘Investor visa’ that stamped on your passport, as well as your bank account.

For years up to 2000, the UAE government has been desperate to have people setting up small and medium size businesses in the area from them to get investors. And as real estate and property seem to be a profitable investment, the focal point then shifted to larger business in UAE and this cause forever changing of the market particularly for the small and medium company owners.

Incorporation rules for doing business in UAE have grown to be less complicated, however there are still hundreds of license groups remain to be staggering. It tend to be less difficult to get a license for conducting business with numerous Free Zones in the UAE, however the costs for the visa have increased 8 times as well as the annual fees for trade license.

Conducting Business in UAE Business Centers

Currently there are about 20 Free Zones that represent UAE business centers and work out more easier for international investor and at the same time offering top quality facilities. Furthermore, people from other countries could own 100 percent of their businesses in the Free Zones in contrast to merely 49 percent if they own a business in the UAE. There are a lot of international corporations have openning shop in the Free Zones and you will notice almost any business that you can imagine of have been conducted in these business centers.

If you plan to setup business in UAE, you are required to get a local resident to be your local partner and the local resident need to hold 51% shares of the business. All these will be black and white written in paper with fine agreements to safeguard you. Determined by your needs, the ‘sponsor’ will be paid either a percentage of sales, profits or fixed fee even he has not put any money into the business. The advantage would be you don’t have to pay for corporate taxes nor submitting any audited accounts; you will need to do so if your business in take place in the free zones.

You need to keep in mind that in order for you to get a trade license for running business in the UAE, you are required to own or rent office space. It is illegal for you to run your business at home or through a business center according to the law. This may raise the cost for your business in UAE and you could wind up having to pay around US$ 50,000 every year for you to remain in business even you are making a loss!

Therefore, the policy may only sounds great for big corporates as even they are making huge profits, they merely need to pay about US$ 50,000 – US$ 100,000 each year for remain in the business.

There are business centers that will rent you office space or desks, and even this can be of attractive offer, but you may not allow to use the address as the place of your office to obtain the trade license.

Hub For Health Care

UAE is devoting to be the regional hub for health care with the setting up of Harvard Medica Center and the Dubai Health Care City; Besides, there are leisure via Dubailand and the entertainment parks in collaboration with Busch Gardens, Six Flags, Legoland, Formula 1, Bollywood, Universal Studios, Sea World, Marvel and Dreamworks Studios; Education via Academic City and numerous universities from all over the world; Financial services via Dubai International Financial Center (DIFC) in alliance together with Nasdaq; Software via the Dubai Internet City and etc.

Now we can see that most of the UAE residents who are graduate from university have started to have strong interest in taking care of their personal investments. This is very different as compare to last time where they just gave all their money to Western money managers to do the investment jobs for them.

Investors from all over the world are flocking in to UAE for doing business and the architecture is receiving a free reign with amazing designs. UAE is a tax-free emirate and is one of the major advantages for investors conducting their business. The demand from customers for residential as well as commercial properties has escalated significantly with the admittance of multinational companies and this has increased the rentals and prices of most properties as well. And because of all these, UAE have become a perfect location for people to do business.

Reat estate and property investments in Dubai haven’t been so detailed before. The area is now divided into various designed zones, every single zone providing exclusive investment opportunities to foreign investors. At present, development is at its peak with many new investments plowing into the real estate and property field. At the moment you step into the area, it is going to show you the most significant cranes on the globe focusing on constructing some of the most remarkable buildings on the earth. In Dubai, the majority of new investments are plowing into specific freshly built free zones. Probably the most preferred free zone investments will be the Dubai Sports City.

Dubai Sports City

You need to think all over again if you’re still having your mind the impression that Dubai is well-known mainly because of the shopping malls. The emirate has constructed the first Sports City in the world which is now named as the Dubai Sports City. This city, other than getting certainly the most advanced sports academics venues, also offers residential and commercial buildings.

If you’re looking for residential buildings in Dubai, you will have a wide variety choices where you could select from the exotic and stunning exotic apartments, villas, and penthouses. In the event you have a chance to visit “The Cube”, then you will be able to discover some high-rise apartments and condominium towers that are being built. One other area in Dubai Sports City which is constructing rapidly would be the “Eagle Heights”, in which a number of new apartment buildings are under construction. Apartment buildings aren’t the sole buildings which have been built in the area. There are also many medical centers, colleges, schools as well as police stations have sprouted in the area.

For Dubai Sports City, the attraction center would be the outdoor stadium, developing with a capacity of catering 60,000 seats. Sport events such as track & field, rugby, soccer and other countrywide and international sports activities are going to be undertaken regularly with this outdoor stadium. Theere is an innovative cricket stadium alongside with this stadium where it will have a capacity of catering for 25,000 seats.

If you think this is it, then you should keep reading as the thrilling excitement doesn’t stop here. Other than outdoor stadium, you will also find an indoor stadium that is in a position of organizing sport games like hockey, basketball and volleyball. Aside from games, this 10,000 seat arena is a perfect place for exhibitions, shows and concerts. These types of sports amenities additionally feature in-house malls, where residents and visitors can have food and shop around. Dubai Sports City is features with swimming pools, health clubs, and many more of other facilities to fit in individual needs. A good number of these world-class amenities are generally done, or are on the way of going to complete soon.

Sport Events Held in Dubai Sports City

If you are a sport lover, you are able to watch your favorite sport event in Dubai Sports City from numerous state of the art academies. Butch Harmon School of Golf, The ICC Global Cricket Academy, Manchester United Soccer School, Lloyd Tennis Center would be some of the world-class academies which have been built in the area.

The city is going to has a fixed supply of residential properties, and that is very likely to produce sustainable demand for residential houses. A rise in demand from residents and foreign investors will caused the prices of real estate and property to increase as well.

Dubai Sports City is features with medical amenities which is going to house a specialist sports medicine center and sports rehabilitation center. These type of services is going to meet the needs of the instant as well as long-term requirement of professional athletes. Among these medical centers, some will incorporate with a 24-hour emergency ward, which is going to meet the needs of emergency unanticipated requirements of sport athletes.

Therefore, now most of the foreign investors found that Dubai Sports City not only offer them with an excellent investment, but also turn out to be a dream city for them to move in.

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You shouldn’t overlook Dubai when investing in property in UAE. Dubai has become the forerunner among all other property in UAE that ahead other Emirates such as Abu Dhabi or Qatar real estate. Dubai is the very first Emirate that open their property market to foreigners to lure in capitalization as a brand new source of income from overseas immigrants. Many professional investors foresee that the demand for property in UAE is going to increase and a lot of opportunity is available there.

Buying Property in UAE

Currently, Ras Al Khaimah, Abu Dhabi, and Ajman real estate have trigger buying interest among the neighboring Emirates. Especially Abu Dhabi that has become more and more important as the UAE capital and also the richest Emirate among them. As economy crisis that facing by UAE is over and real estate investors are again willing to invest in the UAE property, the real estate market is expecting to recover very soon and it will going to become an attractive prospect for both tourism and industry.

The property market in UAE especially Dubai is one of the most successful stories in the real estate industry. In Dubai, some selected developments that carry freehold ownership was opened to all foreigners and immigrants few years back. The world class construction companies of commercial and residential project have commenced a lot of grandious real estate projects to attract buyers around the world.

Freehold properties in UAE are lure in a great number of many foreign investors as the return of investments is very attractive. Besides, rental yields are expected to increase further in coming future as most UAE freehold properties that offered extremely unique on a world standard.

Make The Right Investment in Property in UAE

There is a very profitable deal for making investment in UAE freehold properties especially when many aspects are taking into consideration such as location, leisure, leadership, tax efficiencies as well as quality of life. Among all, the most cause of attractions for buyers on property in UAE is the convenient of applying for residence visas for foreign investors together with their immediate family.

Dubai is now experiencing incredible growth in real estate as well as tourism project again after the economy and financial crisis. The growth rate is easily surpass those other countries in the Middel East.

Dubai’s astonishing development business is definitely unrivaled within the Middle East along with multi-million dollar projects cropping directly into everyday living on the daily basis. The past 10 years have observed as a great deal of improvement in this flourishing emirate as any other city within the globe, and also the trend is set to carry on nicely to the new Millennium as much more and much more company is channeled in from all corners from the planet.

For your information, many freehold properties in UAE are dominated by some of the major real estate developers such as Emaar and Nakheel. Some of their projects include The Palm in Jumeirah, Golden Mile,  Dubai Marina, Jumeirah Beach Residence, Meadows, Burj Dubai, Springs, Jebel Ali and Deira, Jumeirah Islands, Greens, Arabian Ranches, Emirates Hills, Jumeirah Lake Towers etc. Freehold properties in UAE seems to be great investment opportunities that you just can’t miss it.

A couple of years ago, many investors might have believed that an orthodox country like the UAE might be a profitable real estate investment opportunities and destination. But after some experience and intelligent alliances, the regulators from the UAE have evolved the oil-dependent Middle East country right into a major tourist hub with huge investment possibilities being available to the worldwide real estate investors who are searching to purchase property in Dubai.

A Dream Destination For Investment Property in Dubai

Dubai is really a dream destination so far as temporary or permanent visitors in the country are concerned. The Westerners really adore the current amenities readily available for cheaper prices compare to their native countries. The guarantee of life quality at remarkably cost-effective living costs makes Dubai a true hot cake for that Western real estate investors.

Property Market in Dubai, UAE

Dubai is on the go plus some serious developmental projects they are under way on the massive to change the fortunes of the country. Almost everyday, reputed worldwide companies are going through the way of establishing their company in Dubai. This is certainly credited with a aggressive marketing and developmental methods adopted through the government.

The Burj Tower, with 188 storeys, is anticipated to be the tallest building around the globe enclosing the 7-star Al-Burj Hotel. The Burj Tower may be the jewel in the crown so far as high-rise are concerned. Dubai is likely to host more than 200 structures to improve its population from present 1.3 million to 4 million by 2015.

The nation in general has some enchanting sites to go to. In the sand dunes of great deserts to pristine beaches to rugged mountain tops to lush-eco-friendly well-maintained parks to ancient towns to places of worship to trendy departmental stores, take your pick and you’ve got it around Dubai.

The nation provides an open port with low import responsibilities. This is exactly why duty-free shopping in Dubai is on the high-priority list for that local people in addition to visitors in the country. It’s impossible to find a lady that has not learned about the annual Dubai Jewelery Shopping Festival.

Many European families prefer Dubai like a second-home destination simply because they can certainly find maid and assistants at a small fraction of what it really costs in America and Europe. Such facilities are typical in Dubai because of a sizable migrant population from Asian nations, like Pakistan, Bangladesh, and India, who’re searching for menial jobs with decent pay.

Although the UAE is a Muslim country, Dubai seems to be an epitome of multi-culturalism in the Sheikhdom. Its been long time where Dubai was fully depend on the money generated from the petrol for perking up its economy. Nevertheless, the current interest in tourism development and tourist-related activities around Dubai indicates the investors are flocking in Dubai to look for investment opportunity.

International Golf and Tennis competitions have heightened the worldwide profile of Dubai and it is been progressively seen as an hub of worldwide activities, particularly in the Middle East. You may also enjoy lots of marine adventures, for example diving and snorkeling, on the huge Mediterranean shoreline. And if you happen to be in Dubai, do not miss out on going through the Abu Dhabi City, which most people dubbed it as the Manhattan of the Middle East.

Making Investment Property in Dubai

Seeing the development potential of Dubai, the federal government has emerged itself in overdrive in make an effort to attract both high-end and low-end foreign real estate investors. For that high-end investors, there’s Palm Island property which presently draws in worldwide celebrities, such as David Beckham, there is of no surprise in case your discovered your neighborhood is a top Hollywood or sporting celebrity!

Even you’re planning to purchase a house for the intention of renting it out, you are going to find there is no other place is as good as Dubai. The city is very quick to transform into a services hub, so that it is able to generates tremendous demand for Studio Apartments and also separate housing units that is suitable for small and medium families.

If all the above are still not persuasive enough, there are still some of the other luring features which will definitely draw you to make investment property in Dubai:
- 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.

Dubai Maritime City

Described as the world’s first purpose built maritime center, Dubai Maritime City is a state of the art development zone, designed to act as a regional hub for the maritime business in Dubai. A genuinely mixed use development, Dubai Maritime City will also offer a range of luxury residential and commercial opportunities ensuring that the area becomes a focal point for the near 5,000 regional maritime companies working in Dubai. As well as the residential, industrial and commercial areas, the development will also include a large maritime research academy, designed to offer the companies in the regional access to the very latest developments and technology within the marine industry.

The development itself will be strategically located between the Dubai Dry Docks and the Port Rashid development. Covering over two square kilometers, Dubai Maritime City will offer its residents spectacular views over the clear blue waters of the Arabian Gulf. Connected to the mainland by a causeway, it only seems fitting that the worlds leading marine development will be built on land which has been reclaimed from the waters of the Gulf. A genuine superstructure in engineering terms, it is estimated that the Dubai Maritime City will consist of over 30 million cubic meters of dredged sand and over 2.5 million cubic meters of rock on its completion.

As with many of the free zone development areas in Dubai, Maritime City is designed to create a regional hub of sector specific companies. Within the development, there will be a focus on six major sectors within the maritime industry: marine services, marine management, product marketing, marine research and education, recreation and ship design and manufacturing. The only facility of its kind in the world, Dubai Maritime City seems set to become a global ‘center of excellence’ for the maritime industry.

Residential Property in Dubai Maritime City

As well as the focus on the marine industry, there will be a wide range of residential property in Dubai Maritime City. Already developers have started to announce major projects such as the Iris Mist and the recently launched Admiral Bay within the Harbour Residences area of the development. True flagship residential projects, the property in Maritime City is made up of predominantly high-end luxury apartments which offer stunning views over the Arabian Gulf.

With innovative and unique projects such as the Dubai Maritime City Campus and the Maritime Centre already launched, it is highly likely that more exciting projects will be announced in the development over the coming months. With demand for commercial and residential property in Dubai reaching an all time high, it is likely that the property in Dubai Maritime City will be in high demand.

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Invest in Dubai

Currently Dubai continues to get suffering from a downturn for its real estate and property. Those who heavily invest in Dubai are suffering for a huge loss as well in the real estate market. There are many projects that have been relinquished and a large number of expatriates eventually left the emirate and back to their own countries. Supplementary market sectors like shopping, dining, entertainment, and some other also have experienced sluggish with the change. Some practical investors in property market have pointed out that they will need to entice purchasers by giving much easier repayments or rents to expedite the deals.

No reason for keep invest in Dubai

For the debt issue of the Dubai World which happens to be resolved for the moment and is now being focused by constructors for its uncompleted constructions. And the good news is, currently there are more than 60% of the delinquent projects have started again and therefore are continuing. And for the rest they are less fortunate and still remain neglected. Most optimistic estimation would be that if the Dubai government is paying attention to these projects, they will get resume soon. The financing industry has to develop a positive conditions to ensure that fund can be easily obtain and could be used on the uncompleted projects. In some instances, acquisitions or mergers may very well be needed among real estate companies to obtain the necessary strength in finance so that they can remain sustainability.

Many have observed in which a few companies are frustrated with the way the emirate has dealt with the issue of Dubai World. Because of this, many of them have shifted their works to other regions such as Saudi Arabia, Abu Dhabi, Qatar, Sharjah, and Bahrain. The reason lay behind is that they notice the situations are more secure and also better protection are available for their investment. Without a doubt, those who always believe that Dubai has in excess of just focusing in investing just 1 or 2 main areas such as villas and hotels. And they may be right by thinking that these 2 areas are now being oversupply and will further dilute the investments that they put in the field.

Also, there are some reasoning on this argument. You don’t have to actually calculate the amount of properties that are under construction within the area to find out whether the area is oversupply as the fact is rather significant.

There is one Asia Hotel project which initially plan to build with 6500 rooms. Can this be too many rooms as this is just one hotel? If you added up thousands other hotels, you will have huge number of rooms which seem to be enough to accommodate the world population. Some doesn’t think Dubai is a convenient location for tycoons and corporate businesses. They simply think that the region is just full of vacant convention centers that are not really of high demand. We can’t deny that Dubai for sure is having all the necessary adminstration, technology, as well as infrastructure to operate as an international convention center to held regional and international conferences. However over and above that would be the question of are foreign investment likely to keep on flowing into the region? The answer is afraid to be a big No. Foreign investors who flocked in and make their investment in the regional property and real estate have got a big surprise for themselve at the moment as their investment value has been continuously watered down by latest situations. Some of them will certainly finding some ways in order to get back their investment when the market are recover then.

Right now, Dubai rental property could be very affordable since the exodus of expatriates during the last wave has stunned property owners to lower their offers. It can never be that easy for you to rent Dubai apartment these days. The more challenging thing would be for you to rent a villa in Dubai since this normally required for higher rates.

Government Play Vital Role For Investor to Invest in Dubai

All this simply leaves the U.A.E. Government as well as the private sector without choice but to come out with more lenient rules to ease the investment in Dubai real estate and property sector. As long as the Dubai government has an extensive strategy in serving the shops and establishments in the region, then most people will choose to stay and many people will come to invest in Dubai again. Therefore, this will help Dubai to recover quick from the sluggish soon.

Palm Islands Dubai

The incredible Palm Islands Dubai are now being praised to be the eight wonder in the world after the seven wonders being identified by human being. The Palm Islands Dubai are three totally astonishing artificial wonder and are by far the most significant Dubai man-made islands. The location of the Palm Islands are set at off the coast of The United Arab Emirates in the Persian Gulf. It is adding another 520 kilometers long of beaches to the Dubai city. The projects were approved by Sheikh Mohammed bin Rashid Al Maktoum and are then being developed by one of the reputable developers in Dubai, Nakheel Properties.

The Palms

Most people also refer The Palm Islands Dubai to be The Palm Dubai and it is name like that because the whole project of The Palms once completed it will form in the shape of a palm tree. The top will look like a crescent which is going to have many leisure, residential as well as entertainment centers on Every island of Palm Jumeirah, Palm Deira and Palm Jebel Ali are going to be constructed by following the shape of palm tree that will have a crown, a trunk, and are encompassed by a crescent isle which works as a breakwater.

The Palm Islands Dubai will have freehold villas, high-class hotels, shoreline apartments, marinas, unique water homes, shopping malls, sports facilities, restaurants, water theme parks, cinemas, health spas as well as numerous scuba diving sites.

The Palm Jumeirah

The Palm Jumeirah would be the smallest among the three Palm Islands build in Dubai. This island is situated around the Jumeirah coastal locale. The exclusive artificial isle is created with the shape of a date palm tree. The project for The Palm Jumeirah is includes a crown with 17 fronds, a trunk, and also an encircling crescent island which will form a water-breaker.

The Palm Jumeirah is essentially an escape, a leisure and an ideal living spot for people. It has 3 different kind of villas that you can rent. The villas are Garden Homes, Signature Villas, and Canal Cove Town Homes. Besides, there are also shoreline apartment buildings, marinas, beaches, cafes, themed boutique hotels, restaurants, and many different retail shops.

You will be able to find almost all renown international hotel brands at The Palm Jumeirah. Among them are Spa Palm Jumeirah, Movenpick Resort Oceana Palm Jumeirah, Radisson SAS, Antara, Fairmont Palm Residence, Metropolitan, Hilton, Shangri La and many others. The key interesting attractions are:

Logo Islands – The Palm Jumeirah is consist of two similar man-made isles of 140,000 cubic meters that is built according to the shape of the logo of The Palm that will have a wispy palm leaf on either side of the trunk. And this will be the private islands for Sheikh Mohammed bin Rashid Al Maktoom.

Lighthouse Hotel and Residence – Situated on the Palm Jumeirah crescent, the arcitecture of Lighthouse Hotel and Residence’s was created to seize the light from the rising sun and beam the light into the interior of the building. The Lighthouse Hotel is consists of 380 rooms and at night time, you can see the roof top will lit and an arc of light is going to display throughout the Arabian Gulf and Palm Jumeirah.

Marina Apartments (Marina Residences) – The Marina Apartments are situated at the northern edge of the trunk of Palm Jumeirah, the Marina Apartments are consist of 6 high class residential freehold properties that features with 12 penthouses and 858 apartments. The construction also will consist of 30 townhouses that will be encircled by stunning landscape designs as well as leisure areas.

The Palm Residence Al Nabat and Al Haseer – This is having 2 residential apartments that are situated at the eastern shore of the Palm Jumeirah‘s trunk. And each apartment will have a private clubhouse and beach. The Palm Residence is designed in the style of Arab Eclectic, that inherit the aspects of the Arabian custom together with fashionable elements, all of the apartments will either possess a garden or sea view.

The Palm Deira

The Palm Deira is the biggest among these three islands. It’s situated at the Deirah coastal arena. The exclusive artificial palm island will features with a crown with 41 fronds, a trunk, and an encompassing crescent isle that is formed with a water-breaker. It is by far the largest artificial island in the world that can accommodate for over a million people.

The lenght of The Palm Deira is approximately 14 kilometers (8.7 miles) and the width is approximately 8.5 kilometers and it occupy for 80 square kilometers of total area. The Palm Deira is include residential houses, shopping malls, marinas, clubs and sports facilities. All the residential area is situated at the 41 fronds that built on the island and is consist of 8,000 double story townhouses that are available in 3 exclusive styles – Vista Town Homes, Grand villas and Premier Villas.

The Palm Jebel Ali

This is a middle-sized island and is situated at the Jebel Ali coastal arena. The exclusive artificial palm island is includes a crown with 17 fronds, a trunk, and an encompassing crescent isle which is forming the water-breaker.

The Jebel Ali Palm is function as an entertainment place that are suitable for both children and adults. The island is also available and accessible for both tourists and residents. The features of the island is that it is consist of a sea village, a water theme park, 6 marinas, and water homes that are constructed on stilts between the crescent and the fronds.

Palm Islands Dubai Videos

Megastructures — Palm Islands Dubai — Part 1/4

Megastructures — Palm Islands Dubai — Part 2/4

Megastructures — Palm Islands Dubai — Part 3/4

Megastructures — Palm Islands Dubai — Part 4/4