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The beauty of Dubai is widely recognised. Dubai is renowned for its shopping malls, tourist attractions, deserts, safaris and lots more. If you are looking for somewhere to invest your money then Dubai is the place to be. The property market in Dubai is booming. The demand for Dubai property has increased over the past few years and is continually growing. It is easy to search for the best Dubai property deal by doing your research online.
Dubai is a perfect place for you if you are looking for sand, sea, sun and decent property investment. The average daily temperature of Dubai is 27.5 degrees Celsius and Dubai is known for its great weather. It is one of the world’s richest countries and the infrastructure of Dubai is rapidly expanding. There are many reasons why many people are already planning to buy property in Dubai.
Dubai is slowly reaching the top of the worlds favourite places for property investments. Of late, Dubai has become a favourite investment destination for buyers, property developers and investors. There are several places to buy in Dubai at affordable prices.
International investors are now seeing the benefits of buying Dubai property. To attract foreign investors, the architects and construction companies are creating some of the most amazing construction projects in the world. The majority of the investors are looking for off-plan Dubai property but there are some traditional properties which are also on sale.
Dubai’s property market can be a little unpredictable. There are many areas in Dubai which are under construction projects and some of them have already been sold to Western companies who are looking to accommodate their workers in that region. Dubai is one of the few places in the world where prices of the property can be sky high and yet the demand continues.
Dubai is a great option when it comes to buying property. It has all the benefits you could ever wish for. Dubai is best positioned in the MENA (Middle East North Africa) region and attracts long term real estate capital. This is according to a survey conducted in this area by property advisor Jones Lang LaSalles.
The last 12-14 months have proven that you can’t take anything for granted and always expect the unexpected. But the doom merchants and so called experts who were talking of financial Armageddon at the beginning of the year have whole heartedly got it wrong. The panic selling at the end of last year of just about everything, from shares and property to cars, is well and truly over and the basic fundamentals of buying sound investments, at discounted prices, is back in all markets across the globe. One area where we see real value is in the UAE.
The Gold Swiss-Belhotel, a deluxe 4-star property, has now opened in Dubai. Comprising 184 guest suites, 3 exemplary food and drink outlets, a business centre complete with meeting rooms, and a whole host of recreational facilities; the hotel is a good example of a true value for money product. The 184-room low-rise property has 5 levels.
Trade Arabia has recently reported that Burj Dubai, the world’s tallest tower will be opened on the 38th UAE National Day on 2 December 2009. Chairman of Emaar Properties, Mr Mohammed Alabbar said they are aiming for the National Day for the grand unveiling. He thinks that it is achievable but will be a challenge for those working on the project. Mr Mohammed also said that he has nearly 12,000 people inside and outside the building trying to reach the target launch date.
According to GM Ziad El Chaar of DAMAC Properties, Dubai property is still an excellent mid to long-term investment. Although the days are gone when people used to make money overnight, the market correction has been for sustainability and long term benefit.