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The Taste Department expands The Noodle House to the Mediterranean

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Ajman freehold properties – Advantages and Demand

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Burjside Boulevard takes luxury living to an all time high. Transcending the seen and heard, tower reaches an altogether new stunning summit of architectural achievement and hospitality. A 36-storey spectacle, Burjside Boulevard also has 3 levels of podium and 1 level of leisure, all offering uninterrupted views of bustling Business Bay and Burj Dubai. Welcome to a new high in serviced apartments.

The 36-storey architecture heralds a new wave of luxury. From the moment you step inside, you will be swept away into the lap of luxury. Contemporarily opulent three, two and one bedroom apartments; your home will also be furnished with a fully equipped kitchen.

An extensive range of the latest equipment to sweat out and tone up. Competing for your time and attention are separate full fledged gymnasiums for men and women, spa baths, sauna and massage rooms. And since staying fit and looking beautiful make the perfect couple, visit the spa to truly complete this wonderful celebration of life. A privilege exclusive to residents, with virtually anything and everything that you would ever need, from herbal facials to skin toning to hair steaming to warm milk pedicures.

Complemented by the finest privileges that mark this ultimate lifestyle, Burjside Boulevard offers you retail on podiums 1 & 2, a leisure are on top of the podium which has a restaurant, lounge — serviced by a fully equipped kitchen, multi-purpose function hall as well as children’s game room. The tower also has a swimming pool, jogging track, children’s play area and parking on 4 levels with dedicated parking space for each apartment.

For more information please visit Bloomstart Ltd at www.bsrealtor.com or www.bloomstart.eu

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A different economy, different parameters, and a different scenario altogether, recession is here and apparently it’s here to stay. If you are an aged fellow, you’d know that these calamities come and go, but if you are relatively young (or someone affected by it), you’d be feeling like a deer caught in the headlights while listening to the news of economic crisis sprawling all over the world. A recession like situation in US was always on radar when the credit crunch began, and the aftermaths were supposed to be seen in other economies as well. But some economies were considered resilient enough to pass through this phase unaffected. One of these “thought-to-be” solid economies was UAE, which thrives on its oil reserves, real estate and tourism.

Not that the earlier estimates were wrong, and UAE economy is deemed to go down with the recession, but then we are living in a global village and you can’t just detach an economy from those who are having trouble. All things considered, UAE may well be able to put up with the ongoing recession, but this economic unrest will definitely weaken the economy pillars.

Real Estate & Construction:
In past three years, we saw magnificent growth in Dubai real estate market. Properties were sold like hot cakes; mega projects announced one after another, land reclamation projects, world’s tallest buildings, huge shopping malls and what not. Is it over? You’d ask. Well, certainly not, however the things (e.g. property flipping) are going to calm down to some extent. Construction will not come to a halt anytime soon but will surely drop (you’d have been reading a lot about those 25 percent of world total cranes operating in Dubai, a few of these giant machines can have a break now). Same is the case with real estate prices, they will continue to rise but not at that maddening speed.

Financial Market:
Hardly anyone would have suspected it to reach UAE, but the financial crisis that started from US has been spreading like jungle fire. Even now, the situation in UAE is not that dismal by any means, and it’s unlikely to get that worse (oil exports will keep bringing in the much needed capital, particularly in Abu Dhabi). But the banks and other conventional lenders are already panicked, which has resulted in high interest rates. Unavailability of finance will most likely be a problem that Dubai government has to sort out (Dubai has recently got a huge financial aid from Abu Dhabi).

Tourism:
It’s not much of a brainteaser for anybody to realize that recession will have a negative affect on tourism industry, especially when most of the tourists coming to the Emirates are from regions that are believed to be the most affected ones (UK, America or Europe). Instead of spending on traveling, people will be looking to save more for tough times ahead. Among all Emirates, Dubai will be hardest hit by this plunge in tourism.

Generally speaking, the picture may not be that rosy in UAE but it will look a lot healthier when judged against the wobbling economies of US or Europe.

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Recession looming at "Recession Proof" economies – A UAE Perspective

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