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Dubai's population explosion has resulted in large numbers of investors from the world over buying residential property in the Emirate. The Dubai population was one million in 2001, is shortly projected to hit two million and at current population growth rates it is expected to exceed four million by 2010 the vast majority of which will be made up by expatriates. Since non-UAE nationals were awarded the ability to own property in 2002, there has been much publicity and interest in buying residential property. Savvy investors with the foresight to recognize the potential with this side of the market continue to build on their extensive property portfolios. New investors recognising the capital growth potential and high rental yields are also prevalent in this market.
With huge numbers of businesses registering in Dubai and its Freezones everyday, the need for commercial space has become great. Whether it is offices, showrooms, warehouses or any type of commercial property it rarely stays on the market for any great length of time.
Whether you are looking to buy or rent your commercial property in Dubai, Dubai Luxury Homes maintains a database of properties available. Our professional staff have access to up-to-the-minute information on available Dubai properties, and excellent local knowledge of the Dubai property market. This makes us ideally placed to help your search whether this is for your own business use or investment properties.
Our website provides you with access to extensive lists of Dubai properties for sale on the secondary market and property available to rent. In addition you can browse through details on some of the more recent developments, where opportunities may still be available to purchase a property off-plan.
Dubai continues to increase popularity amongst people of all nationalities, businesses and holiday makers but no more so than with those looking to buy property in Dubai. Since launching freehold property to foreigners a few years ago the number of large scale projects launching to the market has attracted home owners, investors and those looking for holiday homes. If you are looking to buy or rent property in Dubai we have access to the best projects across the Dubai market. With large amounts of choice, those looking for property in Dubai can be confused about the best opportunity to meet their requirements. Our professional team of advisers takes time to understand your requirements, matching this to what is available on the market and helping through the buying or renting process every step of the way. The company's aim is to offer an unrivaled service when dealing with property in Dubai.
The focus was on residential property however recently the attention of investors is starting to shift toward commercial property in Dubai. When looking at the current situation with commercial property, Dubai has a real shortage which recent reports suggest is likely to continue for the next few years. With new businesses continue to set up, multinationals locating considerable operations and existing businesses expanding rapidly the demand for office space and retail space has pushed up rental costs. New projects such as Business Bay and the Dubai International Financial Centre (DIFC) are bringing in increased supply to the commercial property in Dubai. Business are considering the option of buying their own commercial property. Dubai’s double digit rental returns on commercial property are keeping the commercial property team at Dubai Luxury Homes busy with finding offices and retail space to buy and rent.