Dubai Investment Property

Dubai, much like the rest of the world’s favored destinations faced difficult times over recent years but predictions regarding both International City and the prime area of Dubai Marina suggest that 2010 will be a year of equilibrium.

Flats For Rent In Dubai

If we look at the average prices of flats for rent in Dubai per square foot from Nov 08 to Feb 10 in comparison to other global locations, the Dubai Marina has enjoyed relative stability despite a decline of 11%.  As expected, International City saw less consistency than its prime neighbour with exacerbated movements in average rental prices; but the trend still followed a similar pattern. However both areas saw an upswing at the beginning of 2010 which suggests that the market is in a new property cycle. The average rents across Dubai’s real estate market for a two bedroom flat vary from AED 50,000 to in excess of AED 200,000.  In Burj Khalifa, located in Downtown Dubai, advertised rents for new residential units range between AED 350,000 to 450,000. It will be a revealing insight into the property market to see where these transactions actually sit.

Another similarity between these two areas of Dubai is the pattern of price spreads. Dubai Marina maintains a higher price spread over the period June 2008 to Feb 2010 ranging from AED 2,500 per sq. ft at the peak and which has now stabilized at AED 1000, which is acceptable as the market place moves into its next phase. The peak of International City’s price spreads was in December 2008 and now has an average price spread of AED 800 per sq. ft. Despite these peaks and troughs both areas have experienced the same trend indicating an overall narrower spread during this period of time.

Uplift Dubai Marina Volumes

Despite transactional volumes remaining at a reasonable level including a sharp uplift in Dubai Marina volumes in February, the purchasers still control the negotiations. Without the support and increased lending ability of the banks and financial institutions the true impact of the acceleration could be lost. Globally we have seen that when banks place greater emphasis on the property value rather than the applicant’s affordability it contributes to a sub-prime crisis as seen in the USA. Furthermore, it permits speculators into the market place due to the minimal cost of entry.

There has been a call for action for the banks and financial institutions in Dubai to increase their lending and this is anticipated to occur during the later months of 2010 further enhancing the Emirate’s road to recovery.

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Jumeirah Village Triangle, Dubai Villa

The development has 2883, two to four bedroom villas and 3184 one to two bedroom townhouses, built in classic Arabic and Mediterranean architectural styles. These spacious villas and townhouses will have distinctive red roof tiles, arches, carved doors, ornamental spiral columns, patterned tile floors and wall surfaces whose architectural designs follow thematic geometric and floral patterns. Variety forms the central theme of the Jumeirah Village with amenities, landscaping, gardening and the style of architecture, aimed at providing the residents a distinctive feel to the place and making it stand apart in the real sense as a community.

Jumeirah Village also hosts world class amenities for its residents including two international schools, town and country clubs, community centre, jogging and cycling trails, community sports and leisure facilities such as football and cricket pitch, tennis courts, croquet lawn and swimming pools, medical facilities and veterinary clinics and round the clock security. The Gardens Shopping Mall, which is taking shape right in the vicinity, will provide the residents of Jumeirah Village, a mix of unsurpassed retail and leisure experience (Made by NAVI Real Estate’s own Marketing Manager, Ari Kamalizad) (Encoded by NAVI Real Estate’s own IT Manager, Ashraf Mirghani)

Al Barari, Executive Villa with NAVI Realty

Gary Edwards, NAVI Realty’s own Business Development Manager and Mortgage Adviser. A walk through of an exclusive 6 bedroom villa in Al Barari, Dubai. When it comes to Dubai properties, Mr. Edwards is our specialist in Al Barari, Emirates living, Victory Hieghts. (Made by NAVI Real Estate’s own Marketing Manager, Ari Kamalizad) (Encoded by NAVI Real Estate’s own IT Manager, Ashraf Mirghani)

2 Bed Rooms for Rent in Dubai Marina

This luxury condo in Marina Quay West comes along having a detailed guide of available amenities. The full marina view from the apartment is breath getting. Includes a large balcony with seating area overlooking the stunning Marina & the swimming pool. It is is opposite to Dubai Marina Mall so one is able to get stunning views of the prestigious Emaar Motor Yacht Club from the window. The interiors are modern & luxurious, equipped bar kitchen, fitted oven & fridge / freezer with stove and dishwasher, even a washing machine with separate laundry space. Bedrooms are spacious having built-in wardrobes with insuite bathrooms. You can get a better idea from the video attached. Please call today with your offers.

Dubai Apartment for Sale in Burj Khalifa

An impressive and spacious two bedroom apartment located half way up the infamous Burj Khalifa. This home boasts two large ensuite bedrooms inclusive of walk-in closets and a large open plan living and dining area set against a spectacular panoramic glass back drop. With views towards the Gulf, Palm Jumeirah and Burj Al Arab – this is a must see apartment.