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Selling a villa in Dubai

Posted by admin on October 31, 2007 Comments Off

Villa at Emirates Hills 

It is important for anyone that is selling a villa in Dubai to understand just how much of a shortage of villas there actually is. While it would be an exaggeration to say that sellers hold all the cards in a property deal, it is not an exaggeration to say that a number of popular villa developments have seen potential buyers literally knocking on their doors and asking if their home is for sale. Developments such as Emirates Hills have always been a big draw for Dubai property investors, thanks to the luxury finishing’s and the height of exclusivity that certainly appeals to anyone who can afford a mansion. Other smaller villa developments are also gaining in popularity, as the majority of residents that want to own a home here don’t have millions to spend.

Luxury Dubai freehold villas

There are obviously more villas aimed at the wealthy than the middle class, which is a shame considering the number of families with children that do not really have much choice on the market. The general market for villas is a lot less diverse in comparison with the market for apartments, but this could be changing with some more properties being released, although these are luxury. With Al Kaheel, The Villa and Victory Heights on the way at Dubailand, property owners of completed developments such as The Meadows, The Springs and primarily Emirates Hills would do well to sell before more and more villa developments are available, now that the villa shortage is being addressed. As there is a focus in luxury villas, there will be more on the market and sellers will have more price competition.

Affordable Dubai freehold villas

This is a difficult thing to say, especially since villas are more expensive than apartments, and apartments on the whole are hardly cheap. However, the lower end of the Dubai freehold villa market shows that demand is higher for this type of villa, and there are shortages of villas that the average Dubai resident can afford. The main projects that seem more affordable to the average buyers are The Springs and more recently Uptown Mirdiff and Jumeirah Village. With a variety of town homes and small family villas available, these are a better option for buyers that want a home but don’t want to be paying a mortgage indefinitely. Sellers that are trying to unload a property that falls into the lower price bracket have the best position of all Dubai property sellers, simply because they have something that almost every property buyer wants. The reality is that not every property investor is a millionaire, and since most just want a permanent home; they will face tough competition from other buyers, meaning sellers can get the best price if they have a villa that is really in demand.

Buying a villa in Dubai

Posted by admin on October 31, 2007 Comments Off

Villa at Al Kaheel

As the most in-demand type of property on the Dubai real estate market, villas are a good seller and they have appreciated in value much more rapidly than apartments. With many residents of the city moving into apartments due to the costs of renting accommodation, this has caused further pressure on an already unsupplied area of property. At present, there is a general shortage of property on the market, but most significantly there is a huge gap between supply and demand for villas and town homes. The good news, however, is that this housing shortage is being rectified with recent launches of more villas of both high and low price brackets on a variety of projects that extend beyond the Emirates Living Community and surrounding area, which is where freehold villas have been limited to at present.

Up and coming on the Dubai freehold market

Most investors familiar with the Dubai property market are familiar with the well-established villa communities of Emirates Hills, The Meadows, The Lakes, The Springs and Jumeirah Islands. While these projects have been resoundingly popular, and will no doubt continue to do so, there is a limitation to the variety of villas available, especially when the variety of apartments is so vast. Most of the villas currently on the market are luxury-finished, and the Springs, which are more affordable, cannot accommodate all the middle-income families in Dubai that want to own a home.

Fortunately, there are various projects that have been announced that may resolve some of these limitations. Jumeirah Village is set to bring a mixture of villas and town houses onto the Dubai property market, and with moderate prices, will be an attractive option for many buyers. Uptown Mirdiff is yet another project that is more focussed on community living over luxury living, and also has a key location just outside the centre of the city. Dubailand is going to contribute the most to the villa shortage by adding a large mixture of sub-developments that involve houses such as Victory Heights, The Villa, Plantation and Al Kaheel. Many more launches of property here are expected to be announced over the next few months so potential home buyers should keep an eye on developments, which we will bring you as quickly as possible!

Ready apartments with sea view? The best on the market Palm Shoreline?

Posted by admin on October 31, 2007 Comments Off

Ready apartments with sea view? The best on the market Palm Shoreline?

Ok, so it’s more freehold property on the Palm Jumeirah, and yes, it’s still going to be impressive. The large amount of blogs done on this development should give some indication to the range of property on offer on the island, and its continuing popularity amongst buyers. There really is real estate for all tastes and desires here, be it a Signature villa, Canal Cove town home or a Golden mile apartment, you will surely find something that will far exceed your expectations. The biggest problem is knowing what to choose amid all the options and choices on offer here. And I am just talking about buying on the Palm here! Consider the whole of the Dubai freehold property market, and the task becomes mind-boggling! That’s hopefully where we help out here.

Palm Jumeirah Shoreline Apartments 

Now to enlighten you a little on the Shoreline apartments. Located to the one side of the Palms trunk, one, two, three, and four bedroom apartments are on offer here. In total there are 12 shoreline apartment buildings, with 12 apartments on each floor. There are 6 differing apartment styles, the smallest being the 2 bedroom Type D at 1474 square feet, with the 3 bedroom 2152 square foot Type A being the largest on these floors. And for those of you looking for something a little bigger, then consider the 2 floor, 4 bedroom penthouses, which at 4791 or 5638 square feet, won’t leave you short on space. Apartments offer either sea or canal views, depending on the apartment type and its building location. Given these apartments are already completed, I will not comment too much on the interiors and fittings, as the available pictures give a much better idea than I could, but needless to say you won’t be disappointed.

And of course when talking about palm property; you cannot forget to mention all the island has to offer residents. The shoreline apartments are in a great location on The Palm, being in very close proximity to the main entertainment areas, which offer fine dining and world class shopping facilities. The apartment buildings themselves have their own restaurants on their doorstep, along with other luxuries like health clubs, swimming pools and children’s facilities. And if you ever get bored here, just drive back onto shore to find yourself right in the heartland of Dubai’s 5 star hotel district, all offering yet more restaurants and fine dinning.

As previously mentioned these are already completed, not a word you often hear mentioned in the same sentence as the Palm Jumeirah after the delays. This therefore makes the apartments almost unique for the time being, something that is reflected in their rental prices, which are on the high side even for Dubai! Anything on the Palm seems to be a good investment for the time being. Its offer so much, and does so in a highly novel environment, which only helps to keep it firmly planted in peoples imaginations.

Thinking Of Buying A Palm Dubai Property Buy Not Sure Where?

Posted by admin on October 30, 2007 Comments Off

 the-palm-island-dubai.gif

Canal Cove Townhouses

I think it can be safely stated now that the Palm Jumeirah can be regarded as one of the most well known and sort after places to live in the world. The whole concept is designed to be different and capture people’s attention. When you mention the word Dubai to many people not from the area, the   first thing a lot will say is “that’s the place with those palm shaped islands!” It’s fair to say the Palm was one of the reasons for the start of the Dubai real estate boom, and is still one of the defining features of the emirate, along with the Burj Al Arab Hotel and The World Development.

Signature Villas & Garden Homes

However such fame and recognition has been reflected in the price of the freehold property for sale here. What started out as being relatively affordable for all has slowly turned into something, in case of Signature Villas and some Garden homes at least, that only the very well off can afford. However for those who still want to enjoy all the palm has to offer, but not at such a large price, there is the option of Canal Cove Town homes. Don’t be mistaken, these are no second rate homes, nor do they come at prices close to giving them away. What they do offer buyers is a distinctive piece of freehold real estate on The Palm, but without the price tag that comes with other villas. Located on the crown of the Palm, they offer a choice of 3 or 4 bedroom villas, with a high standard of fixtures and fittings, along with large balconies to take advantage of the water views which their location affords. There is also no shortage of communal garden space, which is of course maintained to the highest standards.

And then of course there are facilities such as swimming pools and gyms which are always on offer to the residents along with the embarrassment of other facilities on The Palm, such as cafes, restaurants, hotels and shops. So there really is a way to purchase a beautiful villa on a world famous development, and to be able to enjoy all the Palm has to offer without having to invest a large amount of capital. Now surely that must be an impressive option! The location of these villas will also keep you smiling. Not only do you have all the Palm has to offer, but inland you also have some of the worlds best hotels a few minutes drive from you, as well as easy access to the rest of Dubai courtesy of Sheikh Zayed Road. Whilst the Canal Cove homes have not been immune to the large price increases seen all over Dubai in past few years, they are still a lot less than other villas on The Palm but provide the same standards of luxury and a lot of the same facilities.

Cityscape International Property Show Dubai

Posted by admin on October 29, 2007 Comments Off

Cityscape logo

For all those property investors out there that are not familiar with Cityscape Dubai, it is an international property show that has been held for the past seven years, and each year brings an improved turnout of buyers, seller and exhibitors of all things property. With the Dubai freehold market still in a booming phase, it’s no surprise that this year brought an impressive 50,000 regional property investors, and over 1,000 exhibitors.

The Cityscape International Property Show was only just held this year and finished on the 18th October, but with dates for next year’s event already announced, it will be interesting to see where the Dubai property market is another year down the line compared to now. With a huge array of projects on display, both local and overseas, investors really got a glimpse of the biggest and best freehold projects of commercial and residential use.One thing that was certainly clear from this year’s show is the continuous investor interest in property developments of the United Arab Emirates. Ongoing projects in Abu Dhabi and Ras Al Khaimah are climbing in popularity, and the many up market projects on the Dubai real estate scope are still attracting buyers, despite the high levels of price inflation, which have had significant impact on the buying and renting markets. Owning a home is a very popular option with many of the Emirates residents and the large amounts of interest seem to confirm this.

Another interesting result of this year’s Cityscape Dubai was that there is growing interest in new and developing markets such as India, the Philippines, Turkey and Egypt. These markets have really started to follow the leads of the emerging markets of several years ago, such as the United Arab Emirates, which now stands out in the regional property market. With ambitious projects in these developing countries being undertaken by local developers, and large regional developers such as Emaar and Damac, it’s only a matter of time before these countries gain some ground with international property investors as key places to buy.

The Cityscape International Property Show was a major success this year, and next year is sure to bring many more visitors and exhibitors. While industry experts cannot fully determine the state of the market in a years’ time, as predictions of the market slowing down were wrong, the future is quite unknown. With the projected number of units to be released on the market set to level out property prices, only time will tell what effects this will have on Cityscape 2008.

So you want to know why to invest on Palm Dubai?

Posted by admin on October 29, 2007 Comments Off

 So you want to know why to invest on Palm Dubai?

If you have read the previous entries here on the Palm Jumeirah and Palm Jebel Ali, this may have stimulated your appetite to invest in such a project. Liked what you read about Signature Villas, but don’t have, or aren’t prepared to invest that sort of capital in a Villa? Then may I interest you in the Palm Garden Homes. Designed by international architects, these villas have a lot to offer, but without the price tag that come with the signature villas. The opportunity to purchase villas of the Palms at a fair price has gone down well with investors, and the garden homes are not sort of interest.

Here there is still the ability to tailor make your own villa from a number of villa themes and designs. Arabic, Mediterranean, Moroccan and Greek are just some of the style which the villas can be based. There are then 5 differing villa types from which to choose. Central Rotunda, Garden Gallery, Atrium Entry one and two, and Grand Foyer one and two. What’s more is that all villas have stunning sea views. Imagine waking up and staring out into the Arabian Gulf! The start of everyday would be that little bit better. Once you have decided on your villa theme and type, you can then pick out the number of bedroom to suit your needs. Villas come in a range of sizes, with three, four or five bedrooms.

Inside, the villas will not disappoint, as is the case with most real estate from Nakheel. With walk in closets and a high quality of interior fixtures, this will be a place you can be proud to call home. The name Garden Villas should give a subtle hint that these villas do also come with their own private gardens! The beauty of the Villas is that they come with all gardens intact and landscaped. Then there is also your own private pool. So whether it is relaxing in your spacious garden or sunning yourself by the pool, these villas give you all the opportunity you need to enjoy the Dubai climate. For those of you with motor vehicles, the homes also come with a twin garage with remote control doors.

So hopefully all the above has left you impressed. And bear in mind that all the facilities and entertainment venues on offer on the Palm developments haven’t even been mentioned! And it just so happens that the Garden Homes are in very close proximity to all these entertainment options. Perfect!

So if you’re looking to buy and invest in Dubai freehold property, with location and the villas considered, these are the ultimate investment right now as the Palm Dubai comes to completion.

So you want to buy a property in Dubai Marina?

Posted by admin on October 28, 2007 Comments Off

dubai-marina.jpg

It may have come to your attention that Dubai isn’t exactly short on developments featuring free hold apartments. However when it comes buying an apartment in Dubai you can rest assured that Dubai Marina has to be one of the best areas to do so. Dubai Marina lies at the heart of the district now know as ‘new Dubai’, and many people are now looking to join this exciting area of the emirate.

Emaar is the big name behind this entirely man made marina, with its Marina Towers complex being the first apartments to be completed. The towers, named after precious stones and Arabic scents, feature 2, 3 and 4 bedroom apartments, along with 3 and 4 bedroom villas at the base. This proved to be very popular with investors, and since then a huge choice of other apartment buildings from a number of developers have shot up around the site. ETA Star, Damac and Vakson are just some of the developers to build projects here. All good and well I hear you say, but what is so special about the Marina anyway? Well I’m glad you asked!

Well firstly location location location. As previously mentioned, the marina is found right in the middle of new Dubai, a very happening and lively area. Located on Sheikh Zayed Road, it offers easy access to the rest of Dubai, and is next to Dubai Media city. All of the freehold developments are built around the massive marina, with many offering great sea views.

Of course this being a marina, one should probably mention the boating aspects perhaps! Here you will find ample berths for both yachts and boats How nice it would be to step out of you apartment right onto the marina where your boat awaits you. And for those of you that do not have a boat, that doesn’t matter, as you can just sit back and enjoy the facilities on offer as you look out to the marina. These are to be found at Marina Walk which is on the waters edge overlooking the marina, right on the doorstep of the apartments. Here you have the option of a variety of restaurants and cafes, along with a supermarket and spa. You almost never need leave!

So the overall development looks a sure winner, but what about the apartments on offer then? Well you should consider Princess Tower which at 414 meters and 107 floors will be the world’s largest residential tower. Another Dubai landmark, given the world’s tallest building, the Burj Dubai, is also being built in the emirate. Princess Tower offers 1, 2 and 3 bedroom apartments with the focus being on a sophisticated life style, with health clubs and spas just a few of the facilities on offer. With the recording breaking nature of the building, apartments don’t come as cheap as some of its other marina neighbors, so you may wish to consider Marina Terrace, a 40 storey building with 200 1, 2 and 3 bedroom apartments, with amenities such swimming pools, Jacuzzis, and a barbeque area Then of course there is the huge Jumeirah Beach Residence, which is a whole new development in its own right.

Needless to say the marina has a lot to offer those looking to buy Dubai real estate, with it being one of the more established projects. Build quality is high, and whilst prices certainly are not near the lower end of the market, it is still better priced than the adjacent properties on The Palm.

Schon Properties

Posted by admin on October 26, 2007 Comments Off

dubai-lagoon.jpg Another up and coming developer on the Dubai property market is Schon Properties, which had kept its focus on individual projects, as opposed to sub-developments on bigger projects. As the firm was only established in 2005, it has come a long way with the creation of the Dubai Lagoon and Schon Business Park, both freehold developments located near the new heart of Dubai, with the former offering unique residential units, and the latter providing quality space for any type of business.Dubai Lagoon is Schon’s premier freehold project, which consists of a variety of freehold apartments set in low-rise buildings that overlook a beautiful manmade lagoon. With a choice of studio, one, two and three bedroom apartments, residents can enjoy the great scenery and quality of life, while still having the convenience of great amenities in the area, and easy access to the city. With high quality finishing and a god selection of amenities, this is a freehold development that is appealing to Dubai property buyers that do not want to overpay for a home.The Schon Business Park, also located close to new Dubai and Jebel Ali, is the ultimate freehold area for growing and established businesses. It offers a whole host of convenient options for the business sector, which include shell commercial space, which can be fitted according to the needs of the company, or finished commercial space that is fully furnished to a high standard. With almost 300 individual units available, as well as a number of retail spaces, this is a highly charged business environment with modern amenities for a modern business.Although Schon Properties has remained rather narrow in its foray into the Dubai property market, sticking to its own projects and limiting its development to the new Dubai area, there are sure to be more projects on the way as the company becomes a bigger part of the Dubai real estate sector. As they already offer both residential and commercial property, investors on both sides of the market should have a look in detail at the projects that Schon have on offer. 

Omniyat are bringing something different to Dubai property

Posted by admin on October 25, 2007 Comments Off

An Omniyat development on Business Bay

As a relatively new property developer that is trying to establish itself as a major player on the freehold market, Omniyat Properties has become a recognisable name in the business thanks to innovative property developments in key freehold areas. Established in 2005, the developer is quickly joining other big property company’s such as Emaar, Nakheel, Damac and Vakson as a reputable project developer on the still booming Dubai real estate market.

Omniyat Properties has been very specific in its property portfolio, limiting its development projects to high-end unique projects, predominantly sub-developments of the Business Bay project. While the master developer here is Dubai Holdings, a number of reputable smaller developers have taken the bulk of freehold land to develop themselves, and Omniyat is one of these firms that is catering to both commercial and residential buyers.

Amongst Omniyat Properties current developments are Bayswater, one Business Bay, The Binary, The Opus, The Pad, The Square and The Gemini. All of these projects are based around Business Bay except for The Square, which will be located in the heart of Dubai near Al Mamzar and will offer residential living with the convenience of city life. Perhaps the most recognisable project from Omniyat Properties is The Pad, a prestigious residential tower on Business Bay that will feature state of the art living, and is designed to resemble an Apple Ipod. With a choice of studio, one and two bedroom apartments, as well as some exclusive lofts, residents will be able to enjoy state of the art living in these smart apartments, as well as the finest amenities and entertainment options.

There are sure to be more projects from this up and coming real estate developer as the Dubai property market is still booming and there is certainly room to grow. As the majority of projects are now under construction and expected to be completed between 2009 and 2010, hopefully without any delays. With every developer trying to bring something different to the Dubai property market, buyers get a great amount of choice when looking for that perfect property, be it an apartment or a villa.

Jumeirah Lakes Towers v Business Bay Dubai

Posted by admin on October 25, 2007 Comments Off

 Jumeirah Lakes Towers v Business Bay Dubai

Yes it’s another combined office/residential development, and no, it’s not Business Bay, but don’t be writing off Jumeirah Lakes Towers quite yet. For a start it truly is a beautiful looking development consisting of waterways, man made lakes, and beautifully laid out landscaped gardens. Set around this scenery is a series of office and residential buildings, along with retail outlets, all of which will cover 2.4 million square feet. The primary developer of the project is Al Nakheel properties, but the numerous buildings of the project are all built by other developers as well. Located on Sheikh Zayed Road, between Interchange 5 and 6, the development is well placed, being located opposite from Dubai Marina and adjacent to Jumeirah Islands. This location therefore places the development on the doorstep of some of Dubai’s most lively entertainment areas, along with a huge array of beach side 5 star hotels.

OK, so the location is sorted, what about the actual development itself? Well this will consist of 79 towers, with all either being 35, 40 or 45 storey high. Thrown into the centre of the project will be the Dubai Metals and Commodity Centre, which will also contain a 55 story hotel, which will no doubt bring all the luxuries that Dubai hotels are so well renowned for. Jumeirah Lake Towers certainly will not be short on freehold property, with a number of impressive towers being built by various developers. Goldcrest Towers 2, built by developer ETA Star, has on offer 39 floors worth of apartments, 439 in total, 32 of which will be deluxe penthouse sky villas. Also on offer will be ground floor shopping, along with bars and sports facilities, and a 24 hour concierge service. Enough to keep even the most discerning property owner happy.

Those of you looking for office space should cast an eye over Goldcrest Executive, a mixed residential and office building, situated in a prime water front location; it offers all one could ask for from an office complex. With a striking 21st century design, this glass tower is as impressive inside as out Now this is somewhere you could be proud to work! And this freehold office space comes at a much lower price than the majority of projects in Business Bay, so it won’t break the bank.

Everything a buyer expects from Dubai real estate comes together at Jumeirah lake towers, and does so at a good price. So anyone out there looking for a good alternative to Business Bay could do much worse than to consider Jumeirah Lake Towers.

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