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Why Invest in Property in Dubai?
Property is cheap in absolute and relative terms. For example at this moment, an average villa will cost around $1,000 per square meter in comparison to London Docklands where it would cost $5,000 per square meter.
UAE Real Estate Market is Booming
The real estate market is currently enjoying an unprecedented boom in the United Arab Emirates and has been rated as the most active of all real estate markets in the Gulf Cooperation Council (GCC) region.
Could Dubai become the most important city on earth?
Dubai is growing faster than any city on earth, spending mind-boggling sums on a construction program that is nothing less than dazzling. But what is truly impressive is the scale of its ambition. Could it become the most important place on the planet?
Dubai real estate is a new economic gold rush
DUBAI - It is being called an economic gold rush. The rampant development – mostly in real estate, in the Persian Gulf country of Dubai. There are hundreds of billions being invested, and billions more to be made.
Dubai's secondary property market maturing fast
Announcing the dates of the 3rd Resale & Rental Property Show, due to be held on the 8th and 9th of September 2006 at Crown Plaza, Dubai, DSL Exhibitions'
Dubai expecting to triple the number of cruise ship tourists
Dubai expects 80,000 cruise tourists next year, more than three times this year's arrivals.
With a dedicated cruise terminal at Port Rashid able to handle two ships simultaneously, the city is trying to position itself as a regional cruise hub.
Asia showing keen interest in Gulf
In Dubai alone, according some statistics, there are over 1,500 cranes operating at any given time and real estate projects worth Dh165 billion ($45 billion) are currently under construction. Another Dh165 billion worth of projects are in various stages of development.
Most Expensive Hotels In The World
The Burj Al Arab is a 1,000-foot-tall feat of modern design, perched on the edge of the Persian Gulf. The interior lobby is plated in gold leaf; every guest room is a duplex suite with butler service and a 42-inch plasma-screen TV. There are full-size Hérmes amenities in the bathroom, and when it's time to turn in for the night, guests choose from a pillow menu with 13 options.
Law No 13 passed to regulate off plan property sales in Dubai
The Law No.13 of 2008 aim to control off-plan sales and mandates registration with the land department in Dubai. According to the latest property law, it is mandatory to register off-plan property sales in Dubai with the Land Department. This is yet another law to protect the interests of the real estate investors and buyers of off-plan property in the Emirate.
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Last Updated: 21st May - 12:51 pm
