Property Market in Dubai – Some Major Players and Property Projects
Dubai PropertiesDubai Properties is a fully Dubai government owned property entity. Major property constructions by Dubai Properties are given below:• over 40 towers of the Jumeirah Beach Residence• a colossal residential property development near Dubai Creek, known as The Lagoons• a premium commercial property development near Burj Dubai – The Business Bay• Dubai International Financial Centre
Standard Chartered BankThis year, Standard Chartered Bank has started providing mortgage for residential property developments in Dubai. It is believed that Standard Chartered is going to be a major player in Dubai property market in near future.
HSBCThe first global bank to provide mortgages in the Dubai property market, HSBC has expanded its services over the years. At present, it has included some of the top property developments in the emirate.
Tamweel and Amlak FinanceThese are two Islamic companies that provide finance for residential property units in Dubai. They are facing a tough competition these days due to the coming in of global mortgage providers in Dubai property scenario, such as HSBC and Standard Chartered.
The WorldOffering some of the world’s best premium property options, The World is an artificial archipelago four kilometres off the coast of Dubai. This property development is in the shape of the world map and is currently under construction.
NakheelA part of the Dubai Ports World, Nakheel is responsible for the state of the art Palm Islands and a number of other Dubai property developments. A major development by this company is the International City which in turn provides affordable property units.
Palm IslandsThese are a group of thee islands in the shape of palm trees off the coast of Dubai. On The Palm Jumeirah, property units are already being delivered. At present, The Palm Jebel Ali is undergoing redesign whereas The Palm Deira land reclamation is taking place.
Standard Chartered BankThis year, Standard Chartered Bank has started providing mortgage for residential property developments in Dubai. It is believed that Standard Chartered is going to be a major player in Dubai property market in near future.
HSBCThe first global bank to provide mortgages in the Dubai property market, HSBC has expanded its services over the years. At present, it has included some of the top property developments in the emirate.
Tamweel and Amlak FinanceThese are two Islamic companies that provide finance for residential property units in Dubai. They are facing a tough competition these days due to the coming in of global mortgage providers in Dubai property scenario, such as HSBC and Standard Chartered.
The WorldOffering some of the world’s best premium property options, The World is an artificial archipelago four kilometres off the coast of Dubai. This property development is in the shape of the world map and is currently under construction.
NakheelA part of the Dubai Ports World, Nakheel is responsible for the state of the art Palm Islands and a number of other Dubai property developments. A major development by this company is the International City which in turn provides affordable property units.
Palm IslandsThese are a group of thee islands in the shape of palm trees off the coast of Dubai. On The Palm Jumeirah, property units are already being delivered. At present, The Palm Jebel Ali is undergoing redesign whereas The Palm Deira land reclamation is taking place.
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