Dubai Investment Property

Dubai, the postcard city of the Gulf, is an attractive destination to work for foreign population. There are job opportunities in fields such as construction, banking, IT, tourism, oil & gas and teaching. Expatriates throng the emirate to land a job in one of the industries as per their skills as it is quite lucrative to work here. The expatriate population in Dubai is growing by the day and most of them live here with their families, including children. For this reason, there is a large number of international schools in Dubai. The schools are meant to meet the demand from the international students, thus, most of them have American or British syllabus. There is a huge demand for professionally qualified teachers in these schools.

The teachers who have experience in the British or American style of teaching get an edge over other teachers in getting a job in Dubai schools. Also, all foreign teachers are mostly recruited on a contract of two to three years. Therefore, the demand for teachers is always on the rise, considering the number of new schools opening in Dubai. More and more expatriate teachers look forward to teaching in Dubai as it helps them save intensively during their stay. However, before taking up a teaching job in Dubai, it is important to know more about the work environment, the salary structure and the incentives that come with a job in Dubai. Also, it is good to get a fair idea of the kind of qualifications that you require to get a teaching job in Dubai.

The schools in Dubai offer ample opportunities for expatriate teachers. The demand is high for two reasons. Firstly, there are new schools opening in Dubai each year. Secondly, the existing schools offer services during the summer break too, which requires qualified teachers. It is not a must to have British or American qualifications to get a teaching job in Dubai. This helps but it does not mean that teachers from other nations cannot apply for teaching jobs in Dubai. You need to have flawless skill sin spoken and written English and should be a certified qualified teacher with the required work experience.

You would need to get the qualifications attested by a public notary in your country. Thereafter, you would be required to get the notary attested by your embassy. The second step is sometimes tricky. You must get in touch with the embassy of your country to find out the details and formalities related with the same. Chances are that the embassy would help you with all such processes and you would get assistance in the process of applying to Dubai schools for teaching jobs.

Once this is done, you can start applying to various Dubai schools for the position that suits your qualifications well. You should regularly check for vacancies on the various school websites. Vacancies are also posted on job sites and newspapers. You must apply with a properly written cover letter and resume. The resume should highlight your relevant experience and qualifications in the field of teaching. The school should get an impression that you are the right fit for the job. Do mention your willingness to relocate. Also, mention about any awards or recognition that you might have received in the field of education so far. This will give you an edge in the eyes of the employer.

If your resume gets shortlisted, you will be called for an interview by the school. The travel and stay expenses would most likely be borne by the school only. Do find out more about the school before attending the interview. You can check the forums to find out what teachers and parents are writing about that school. That will give you some idea. It is good to make a call or send an email after sending your resume to find out the status. It will help you immensely if you network in Dubai with the people in the same profession. Once you land the job, you will be entitled to a lot of incentives besides the salary in your job. You would not have to pay any taxes, your accommodation will be paid for and if you are a female teacher, you will get a lot of other benefits too.

Mostly, school staff hiring is done during the summer break. So, you should ideally send your resume by January to start the process. This does not mean that you cannot apply throughout the year. But summer is generally the best season for teaching jobs in Dubai. Living in Dubai should be fun. The city is fast developing and offers luxurious stay to all those who come under its fold. So, you can enjoy a luxurious lifestyle while earning and saving a lot of money in Dubai.

Dubai real estate is a huge real estate and property market for investment during the past few years. Dubai is the second largest Emirate in the UAE but is the most booming region among the 7 Emirates. It is having a massive development and has lured in a lot of foreign investors to participate in its real estate and property projects.

Dubai Mortgages are not mature previously

Few years back, I still recall at that time when a foreign investor was looking for a mortgage, he will be confronted by confused local constructors and real estate agents. Even when a foreign investor finally found a Dubai bank that would willing to borrow him a mortgage, the interest charges can be insanely high and the whole process was very time consuming and the investor will end up quit from buying. Luckily after some years to now, the real estate market in Dubai is start get maturing and those sizeable Dubai banks have started to realize that Dubai mortgages are actually a very lucrative business.

The previous problems for getting a Dubai mortgage all rooted from the local banks that are not familiar with mortgage services and have created a lot of difficulties for international investor to secure the freehold property. However, after the declaration on 12th March 2006 in which that non UAE residents are eligible to own freehold properties in certain Dubai areas, substantial interest has been arouse for international investors. Demand is suddenly surge up to the sky and property is always in short supply status since a lot of off plan construction projects happen to sell out in days of launching.

Dubai Mortgages Sector

Today, with regulations passed and certain areas in Dubai are open to foreigners for freehold ownership, finally the local banks are willing to issue mortgage to investors. The Dubai mortgage market can said to be very competitive in the region and most investors are of their due diligent as they are not willing to endure for getting ripped off with high interest rate for the mortgages they are apply for.

The property market in Dubai is not the same with property market of other countries where most Dubai freehold property hasn’t purchased through any mortgage. As a result, this provides the financial market a lot of resilience. However, most of Dubai mortgage lenders and of conservative types and they will only give loans to non Dubai residents within the freehold zones.

Properties that are available for international investors are including: Dubai Marina, Dubai Sports City , Jumeirah Village, I.M.P.Z. International Media Production Zone, Shaikh Zayed Road, The Palm Jumeirah, The Lagoons, International City, Jebel Ali Airport, Palm Deira, Dubai Land, Emirates Road, Downtown Dubai ,Business Bay and some others.

Thus, the reason for many international banks are interest to do the mortgage business in Dubai is because they foresee a very good opportunity for releasing mortgages in the region which can get very handsome repayments. The population in Dubai is at the moment stand at 1.4 million and it’s estimated that in 2010 Dubai population will raise to 3.5 million. Most international banks are predicted an enormous demand for real estate and property, and this is going to create a huge market for mortgages.

It is also anticipated that most of the newly increase of Dubai population would be comprised of people from abroad. And Dubai by then going to be a genuine multi-cultural and multi-national city. The thing is actually happen as you may go out to experience nightlife in Dubai and you are going to see a truly multi-national people hanging around.

The international banks future are vibrant as international buyers tend to feel safer by apply for mortgage from the lenders that they been familiar to deal with.

To sum everything up, Dubai mortgages are showing good sign from the banks and international investors will have more flexibilities when come to invest in Dubai real estate and property.

Related Downtown Dubai Articles

As Dubai continues to grow and entertain its tourists, this large city has set its sights on indulging in the cultural ground from that of which it developed. In Culture Village, a project designed by Dubai Properties, Dubai surpasses its attributes by showing a premier art arena for everyone in the world to experience. Dubai has excelled its name unto the top travelers’ destinations and a place of foreign residence for those that love the land.

In Culture Village, you can experience the sights and sounds of Art Island. Appealing your ears with native music and catching your eyes by the sculptures and art, Culture Village is a stand out among the hotels and market places of Dubai. In the Souk, you can walk for hours visiting the people of Dubai as they show you magnificence at its finest.

Variety Things To Discover in Dubai Culture Village

Clothing, jewelry and home furnishings are just a few of the items that are on display for you to marvel at and enjoy while in Culture Village. The aromas will carry you through the streets as you get a taste of Arabian life. The Mosque is a wonderful learning center of Culture Village, as it illustrates the history and importance of Islamic life. Islam, the backbone for the area, is a leading religion that holds its roots right here in the area of Dubai. The essential pieces of art and culture, showing sculptures and paintings alongside plants and animals in nature are being shown by The Gardens of Goodwill. It is a garden meant to bring together all the cultures of the world and unite them in peace and harmony.

After finding out the different benefits of visiting Culture Village, imagine you being able to live everyday in this diverse land of art and life. You will have access to shopping, pharmacies and many career opportunities. The growth potential of Dubai is phenomenal because of the amazing projects that the city creates. Culture Village is one of the prime living places for those who love life and wish to experience the world of art and entertainment in one celebrated spot.

Landvest Limited is an official European partner of Dubai Properties as well as a representative of a host of other Dubai Real Estate Developers. Landvest Dubai specialise in the promotion of Real Estate Investment and Luxury Home Opportunities in the UAE.

Video of Dubai Culture Village

Related Dubai Career Articles

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.

More Work In Dubai Articles

Over the last two decades, Dubai has become the trade hub of the Middle East. There are many booming industries in the United Arab Emirates, of which banking and investment sector is a leading one. All major global banks have operation in Dubai thus establishing the city as the banking hub in the Middle East region. The sector has grown a lot in the recent past and created many banking jobs in Dubai. in fact, the banking and finance sector has led to a job boom in the country. Expatriates are being hired for jobs in the banking and finance sector in various profiles at the junior, middle and senior management levels.

The exceptionally booming economy of Dubai has attracted a lot of international as well as local attention to the city. A lot of finance has also been pumped into the city. This and other reasons have led to a lot of financial activity in the region. The expatriate population is also very high in the region. So, to cater to their banking needs, international banks have set shop in Dubai. With the increase in demand for banking and finance services, the employment opportunities in the banking sector also went up. The banks and financial institutions required qualified, world-class staff to cater to the global population in Dubai. Hence, jobs in Dubai for banking and finance opened up for professionals around the world.

Banking Jobs in Dubai With Global Financial Centre

In fact, the Dubai International Financial Centre (DIFC) is being considered the new global financial centre. It has created vacancies in all streams of the banking and finance industry including private, investment and corporate banking to capital markets, asset management and Islamic finance. The DIFC will be like a mini-city inside the emirate of Dubai. It will offer an opportunity for professionals to live and work in the financial centre. In DIFC, there will be job vacancies in finance companies in the main six fields, which are banking services, DIFX (exchange), asset management, reinsurance, targeted service provision and Islamic finance.

Currently, there are a plethora of job opportunities in the international financial advisory sector owing to the expanding expatriate population in Dubai. The international brokerages that are functional in Dubai look after the finances, investment portfolios and wealth management activities of their clientele. This includes corporate as well as individuals. The banks and financial institutions provide corporate solutions to big and small companies functional in Dubai and also assist individual expatriates manage their offshore investing, international banking, securing international mortgages and required assistance with saving money on global health insurance cover.

Looking For Banking Jobs in Dubai?

If you are looking for a job in the banking and finance sector in Dubai, you require experience in the financial services industry. Even experience in high level sales or sales management is beneficial for securing a banking job in Dubai. If you have experience with an international bank already, you can easily look to get a job in Dubai. The major banks operational in Dubai are National Bank of Ras Al Khaimah (RAKBank), First Gulf Bank, Emirates Islamic Bank, Abu Dhabi Commercial Bank, Dubai Islamic Bank, National Bank of Dubai and many more besides international banks such as Lloyds TSB Bank, Barclays, Citibank, Standard Chartered Bank, HSBC Bank and many more.

Like any other job in Dubai, even for a banking job, you would require a sponsor to be able to work for a bank or financial institution in Dubai. Generally, your employer will be your sponsor and will look after all immigration formalities on your part, once you are hired. There would be a PRO office in the company that undertakes all such activities for expatriate workers. Also, while applying for the job, you would need an attested copy of all your educational qualifications. The notary who attests the certificates would have to be validated by the foreign office in Dubai.

Banking jobs in Dubai are quite lucrative as international banks pay well to hire quality talent. Also, since there are no personal taxes levied on the salaries, all you earn is for you to keep. Many expatriates work in Dubai banks and financial institutions to make life time savings. So, it is like enjoying the best of both worlds. While there is good money to be made, there is also enviable lifestyle that one can enjoy while working in Dubai.