Unregistered developers face fines in Ajman is a post from: 1HitProperty On Dubai

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Although Dubai is the most widely recognised Emirate in the UAE, the capital, Abu Dhabi, is a popular place for residents and visitors.  The city of Abu Dhabi is only an hour away from Dubai, so it is a convenient place to live for many commuters, given the higher costs of living in Dubai.  Abu Dhabi is a cosmopolitan city, and it currently growing at a massive rate following on from Dubai’s lead, meaning there is also a movement towards freehold property for expatriates.

The major developer in Abu Dhabi is Al Dar Developers, responsible for aiming to bring the same success from Dubai’s property boom to the capital, and with so many exciting projects on the way; the freehold market will be fully established over the next several years.  Some of the properties that are being released include Al Raha Beach Development, Dolphin Towers, Al Reem Island, Najmay Abu Dhabi, Shams Abu Dhabi, Oceanscape, Lulu Island, Al Gurm Resort, Saadiyat Island, Al Raha Gardens, Al Mamoura and Golf Gardens.

Not all the upcoming Abu Dhabi property will be available to expatriates, as the nationals of the Emirates are being widely encouraged to buy them as well.  This is a good option as it prevents the community from being separated, and many nationals are actually choosing the option to purchase on freehold developments.  Although the projects underway in Abu Dhabi are less popular than the properties in Dubai, the freehold market is much newer, and the Abu Dhabi government have been a lot slower to push for more freehold property development.  With more and more demand for property that is affordable, Abu Dhabi is going to continue to grow.

Abu Dhabi Property is a post from: 1HitProperty On Dubai

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The Golden Mile will encompass some of The Palm’s premier retail shops and residences. Upscale boutiques and cafes will create an exclusive sophisticated walkway, which fronts a collection of magnificent beachfront homes unmatched in luxury and class. Being developed at a cost of US $300 million it comprises 780 luxury apartments, in 10 waterside buildings and 220 upscale boutique shops and restaurants. This spectacular collection of apartments will offer unrivalled services, views, convenience and design. What’s more, you have the assurance that every detail is taken care of by a professional full service provider.

From apartment buildings with exclusive lobbies for enhanced privacy, to town homes which featured private garages and off-street front doors, The Golden Mile Residences have left no detail to chance. Interiors have been crafted with the same commitment to excellence, Bedrooms feature ceramic floors, spacious walk-in closets, insulated and double-glazed windows and the tiled balconies. Bathrooms have ceramic floors, the highest quality vanities, safety glass shower enclosures and granite countertops. Kitchens are equipped with track lighting, highest quality cabinetry, select granite tops and a twin bowl stainless steel sink with quality mixer tap.

The Golden Mile offers buyers a unique living environment as well as an outstanding real estate investment. The shops, restaurants, apartments and penthouses will be supported by an international hotel company providing comprehensive property services. The Golden Mile on The Palm will be an all-encompassing destination in its own right

The Palm Dubai is a post from: 1HitProperty On Dubai

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Pulsating Passion for Sports

Live at the heart of the most active lifestyle in the world. Feel the pulse. The hub, the life and soul of sport. Here in Dubai Sports City. It doesn’t get better than this.

Panoramic Vista

Enjoy the real privilege of being a part of Dubai’s spectacular success. For the ambitious, the view from this pulsating sporting centre is unique, because the possibilities stretch endlessly over the horizon…

Completion Date

End of 2010.

Financing

65% financing available.

Payment Plan

Dubai Apartments. is a post from: 1HitProperty On Dubai

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Woman detained after she took a wrong turn and caused four-car collision in Dubai – 61th Edition is a post from: 1HitProperty On Dubai

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Excerpt from: 
jobs in dubai banks search on Nature’s Grasp

jobs in dubai banks search on Nature’s Grasp is a post from: 1HitProperty On Dubai

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The beginning:
Dubai real estate market soared in 2002 when foreigners were allowed to purchase and own properties on freehold basis. Chinese real estate market started to show signs of growth in 2001 when China was all set to enter WTO and Beijing was announced as the host of Olympics 2008. The governments of Dubai and China have invested heavily on infrastructure since then and many investors’ friendly laws were introduced.

Acceleration:
Since the beginning, both the economies and real estate markets of Dubai and China have grown in tandem. The sustaining factor in Dubai economy has been its oil reserves and tourism industry, while the China excels in exports. Both of them have seen stacks of foreign investment coming into their economies.

Great momentum:
Real estate markets in China and Dubai have shown a robust progress in demand and prices. Both have their mortgage markets performing really well unlike the mortgage crisis seen in major real estate markets like United States. As stated above, there has been a lot of spending on building infrastructure like roads and airports. Governments are actively involved in making all the right moves needed to maintain this momentum.

Amazing Architectures:
If Dubai has amazed the world by some of the most marvelous designs in real estate, China has not been far behind. Dubai has Burj Dubai as the world’s tallest building; China came up with a magnificent 101-story Shanghai world financial center. Ski Dubai is regarded as one of the largest indoor ski resort, while National Swimming Center “Water Cube” is equally unique. Dubai rotating skyscraper stunned people all around the world, so did the design of Central Chinese Television CCTV in Beijing.

What the future holds:
The boom is almost over in Chinese real estate market, while Dubai market is also showing signs of losing the pace to some extent. Although, there are predictions of growth getting a little sluggish, there is still some room for growth in both real estate markets.

Comparing Chinese real estate and Dubai real estate markets is a post from: 1HitProperty On Dubai

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