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The head of the Real Estate Regulatory Agency in the UAE emirate of Ajman has warned that developers who failed to meet the May 1st registration deadline, will be fined Dhs100,000 per month. Once registration is complete, officials at Arra will assess which projects are still viable, reported Gulf News.

As one of Dubai’s first freehold developments, with first stage construction taking place as far back as 1999, one might think that Dubai Marina would perhaps have become outdated, or at least have lost some of the aura that initially surrounded it when it was announced to the world. Well, you would have thought wrong! In fact the opposite is true. Dubai Marina has continued to go from strength to strength, with more and more developers wanting to get involved in the development, and it today finds itself as one Dubai’s premium areas to own a home. It is certainly one of the most expensive places own an apartment in Dubai, but with so many buildings featured here, there is something on offer for almost all budgets. Just one of the many advantages of a development featuring property from wide range of developers!

The Marina came about as a project from renowned Dubai developer Emaar, who were the master developer and responsible for the basic construction and infrastructure of the project. The results saw 2 miles of Dubai coastline transformed into one of the worlds largest waterfront projects. Emaar has built some of its own towers at the Dubai Marina, but the bulk of the property here comes from a number of other developers, such as ETA Star, Vakson,Tameer and Damac.

The Marina covers just under 5 million square meters of space on Dubai’s coastline, offering impressive views out into the Arabian Gulf. If it’s a sea view you want, then a large amount of the property here will more than meet your requirements! Very few homes can offer such a spectacular setting, overlooking the sea, boats and yachts that are moored here. Prices may be on the high side for the majority of property based here, but overall they have still not reached the levels seen at projects like Down Town Burj Dubai for example, and that cant boast the sea views that the Marina can(although those on a high floor in the Burj Dubai might like to argue differently!).

Just off Sheikh Zayed Road, the Marina provides easy access to central Dubai and to the surrounding commercial districts such as the Dubai Media and Internet Cities, as well as the Jebel Ali freezone. And there is also the Mall of Emirates and over a dozen 5 star hotels all within short distance, meaning the Dubai Marina is ideally situated for both work and play! As freehold residential property goes, you would be well pressed to find a better place to call home.

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.

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

PROPERTY INFORMATION A community of friends and neighbours. A bend of convenience and comfort. Open green areas and tranquil water features that connect a variety of villages. Jumeirah Village is all this and more – a new residential development in the heart of Dubai’s most desirable district that captures the feeling of a warm, friendly neighbourhood, with everything residents need to feel right at home.

From the vibrant green space of Serenity Village, the sparkling vistas of Waterscape Village and Wadi Village, and the expansive plantings of Garden Village, this is a place that invites residents to be part of a self-sustained, diverse community where everything they need, as well as everything they enjoy, is well within reach.