New Registration and Mortgage Regulations - Laws 13 & 14

Laws 13 & 14 are formed to collectively protect the investors and regulate the property market in the emirates.

The Land Department Law 13 of 2008 aims to monitor and regulate off-plan sales in Dubai by pre-registration of all such sales with the Land Department creating a full official database of all property transactions. Off-plan sales refers to selling of properties before their structure is built.

As per this latest law, it is now mandatory for off-plan property sales to register with the Land Department in Dubai. This law has been brought into existence in order to safeguard the interests of property investors and off-plan property buyers in the emirates.

The law also forbids master developers and sub developers from charging a transfer fees on sales of off-plan properties. Only administrative fees can be accepted and that too after approval by the Land Department.

From now on, any sale or disposition that transfers or restricts title shall be considered void if the property sale has not been registered in the interim real estate register. Any sales done before the law actually comes into effect must register within 60 days.

Law 14 is related to mortgages and links with Law 13 to make it easier for Banks to give loans. Earlier only selected properties were able to get finance from Banks by providing their internal list of buyers and by giving Memorandums of Understanding(MOUs) that no contracts would be transferred without a No Objection Certificate from the banks. However, now because of the pre-registration Law 13, the Land Department is itself the guarantor for Banks and the Banks are much more comfortable in lending this way.

Both these laws pave a path for the future of real estate in this part of the world and ensure that good market practices and standards are set in place.

Property in Dubai - Luxury and Lifestyle Redefined

Buying property in Dubai has never been so appealing. Some of the landmark real estate projects of the world are being created in Dubai and luxury and lifestyle living is being totally redefined. Property in Dubai is seeing an astounding growth and the world’s rich and famous are flocking to the desert city. The market for property in Dubai is a haven for investors because of the principles of free trade, tax freedom and a liberal economic system. All these factors are fuelling the expansion of property in Dubai not just in the city but in the surrounding areas as well.

It is a fact that 65% of the GDP of the UAE is contributed by real estate and construction services and property in Dubai is a major contributor in it. Luxury and lifestyle living is one of the hottest investment pullers for property in Dubai. Design and architecture as we know it has been improvised upon and reinvented to give a personalized feel to every project. There are a large number of developers who are cashing in on the lifestyle quotient and property in Dubai is setting trends for the world to follow. The World Islands and the Burj Tower are some of the ultimate engineering marvels and property in Dubai is truly represented by them. Property in Dubai has to offer much more than one can imagine as most of the projects are comprehensive and self sustaining in themselves. Retailing, office space, residential complexes, villas, resorts - you name it and property in Dubai has it all. You can even own a piece of the World in an exclusive property on the World islands though such a property in Dubai will come at a hefty price.

Even for the average investor property in Dubai has something to offer though this market is rapidly getting reserved and prices are soaring. The land of jaw dropping schemes and incredible festivals has something very similar to offer for property in Dubai as well. Easy installment plans, loans and other options facilitate the buying process and if you are ready to take the plunge then you could also have your very own property in Dubai. Property in Dubai is thus available to every one and the city is truly heading towards being a global city in every sense. It is being observed by market experts that the demand for commercial developments is considerably lower than residential property in Dubai. Thus we see a trend of more and more housing projects coming up and retail space as well supporting this property in Dubai. Office space is also growing but it is not as much in demand as lifestyle and luxury property in Dubai. People are even getting customized property in Dubai to suit their living styles and habits. All this does come at a price though, but when you are earning millions you can always set the trend. Property in Dubai has the world watching and people are excited about being a part of this great cultural hub as a lot more is expected in the near future.

Real Estate Dubai

Real estate Dubai has become the hub for property investors and more and more people are getting interested in investing their hard earned money in real estate Dubai. This city is located centrally in the Middle East thus; it forms a very convenient location for business purposes. This is one of the factor that has made real estate Dubai most popular. Here the dream living have now taken the shape of reality as the real estate Dubai is constantly booming. Moreover, if we look at the real estate Dubai dealings in terms of buying or selling off property then it is quiet simple than in other countries. This reason also contributes in taking the real estate Dubai to new heights. Furthermore, the real estate Dubai offers properties at a reasonable pricing when compared to any other part of the world. Moreover, the real estate Dubai offers both residential as well as the commercial properties at a rational price. If we search real estate Dubai in detail then we will come to know that this place has always been in the limelight due to its magnificent architecture. Thus, to invest your money in real estate Dubai is a great idea.

Properties available in real estate Dubai involves no legal hassles as there is no stamp duty over such property related matters. As per the government rules you can own a tax free property in real estate Dubai. Moreover, this great city has a lot more to offer in terms of property. You will find variety of options in real estate Dubai ranging from luxury apartments or villas, hotels, condos to small and rented apartments. In this case all you have to look for is your own budget and requirement. This unique melting pot of people and cultures has a lot to offer to both residents and visitors. In past few years real estate Dubai has made a mark by some breathtaking property developments. The most famous properties are also part of real estate Dubai including properties in Palm Island, Business Bay, Dubai Marina, Dubai Land and other places. These are the residential properties, but if we talk about the commercial property then also real estate Dubai is no behind. Real estate Dubai offers some lucrative employment opportunities. Moreover, many multinational companies have set up their units in this great city. Thus, this city has even evolved as a business hub. This in turn has helped people in exploring more of commercial properties in real estate Dubai. Most of the investors in real estate Dubai work on a common platform they buy the property at present and later when the value of real estate Dubai soars high they sell off their property. This helps them to get higher returns. Moreover, the best part about properties in real estate Dubai is that they are not only profitable in terms of money gains but they also offer you the perfect locations to live a life which is stress free. Real estate Dubai is taking a step ahead in future and at the moment real estate Dubai is perhaps the safest gamble that anybody can play as far as property investments are concerned. Real estate Dubai is now transformed into a million dollar industry from where you get assured returns.

Property in Dubai - Great Investment Plans

Dubai city is one of the seven emirates that form the United Arab Emirates and it has been constantly upgrading its real estate market, especially in property in Dubai. Property in Dubai is persistently attracting buyers from around the globe. The city of Dubai has always been in the limelight due to its strategic architecture. Property in Dubai is well known for well designed buildings and towers, be it they are residential or commercial. Property in Dubai has become very popular from the investment point of view as the property in Dubai give greater returns on investment. Moreover, the best property in Dubai is available at a very rational price, premium and super premium levels. The only thing that is required from the buyers or the investors end is to decide his budget and requirements. This has to be done because property in Dubai is available in many forms. Property in Dubai can be divided into villas, office spaces and luxurious apartments along with plenty of other options depending on your budget. As far as the investment in property in Dubai is concerned investors generally, select some prime locations. Some of such locations wherein you can purchase great property in Dubai is: Palm Island, Dubai Marina, Business Bay, Jumeriah Lake Towers and many more. These are some of the hot places where you can invest your hard earned money to get higher returns. If we compare commercial property in Dubai with the residential one then we will see that commercial property in Dubai will become scarce within few years as its demand is less than the residential property in Dubai.

Dubai city is attracting investors for property in Dubai from all over the world because some of the prime reasons associated with it. The first and the foremost is capital appreciation. The studies have shown that in recent years the property in Dubai have risen by more than 25%. Moreover, it will get increased in the coming years. The next prime benefit is that the property in Dubai is tax free. The person who is involved in any of the property related issues need not pay any tax. This exerts a pull on investors for investing in property in Dubai. Another reason for popularization of property in Dubai is the ratio of demand and supply. The demand of property in Dubai is more that its supply due to the fact that the property prices here in this city are very cheap as compared to other cities. Moreover, the tourism is also getting augmented in this city and thus the requirement for property in Dubai such as hotels and rented apartments is great. As far as the commercial property in Dubai is concerned this city is also known as the business hub of the Middle East. It has a 23 hours stock exchange market as well thus; require more and more commercial property in Dubai. Moreover, many multinational companies have set up their offices in this city. This can be one of the reasons for great demand of property in Dubai.

People who know their requirements well can easily get a rented apartment or a property in Dubai. However, before getting involved in any such property transactions you should leave no stone unturned to explore the market of property in Dubai. So, all those people who are looking for investing in one or the other kind of property in Dubai have a unique opportunity.

Dubai Real Estate – An Overview

This great city of the UAE is now developing into a nation that is the personification of globalization. The city is exploring each and every bit of Dubai real estate and the property investments are created at par with other countries. Dubai real estate is well flourishing and has become one of the favorite cities for property investors. This place has always distinguished its identity from other places by developing great architectural buildings. The breathtaking structures established here have greatly increased the presence of Dubai real estate. The property investment in Dubai real estate is so intense that this place has turned into a property hub. However, this sudden surge in Dubai real estate is no magic as the most vital factor behind this are the property laws in Dubai. This factor has played a prominent part and thus helps in developing a solid economic base as far as the Dubai real estate is concerned. Today, Dubai real estate is considered as the most stable industry in terms of property investments as it also gives you assured returns. The government of Dubai is constantly taking part in promoting Dubai real estate by organizing seminars and events just to inform people about the rigorous and constant growth of Dubai real estate. We can even identify this from the point that some of the most important property projects are a part of Dubai real estate only. Thus, this city has gained international reputation in terms of Dubai real estate.

We can visualize the importance and steady growth of Dubai real estate by just looking at some past records. It is globally recognized that this city has been known for its fastest growing economy from past few years and the entire credit for this goes to Dubai real estate. There are certain already developed properties of Dubai real estate that have gained more than 300% appreciation in a short span of time.

Moreover, there are various factors associated behind this sudden gush of Dubai real estate. The first and the foremost factor behind this are laws of freehold ownership. In most of the countries except Dubai, foreigners are not allowed ownership of a freehold property. Here the laws regarding Dubai real estate are not so stringent as compared to the other countries. In addition to this the best deal in terms of Dubai real estate is that this city incorporates very low transaction cost as far as property matters are concerned. The transactions cost of Dubai real estate combines with the factors such as registration fees and stamp duty. This has attracted property investors to a great extent. Furthermore Dubai real estate has all varieties of properties including some signature developments such as the Palm Jumeirah, Emirates Living, Burj Dubai etc. However, apart from this you can look for luxurious apartments or villas or even if you are in search of some rented property you will also get here in Dubai real estate. Dubai real estate is also well known for cheap property rates. Moreover, due to the increased population the demand for both rented and owned property in Dubai real estate have increased.

Another factor of the sudden increase in Dubai real estate value is many top multinational brands have set up their offices in this city just because of the property investment boom in Dubai real estate. Moreover, this city offers convenient location for business and corporate meetings and deals among neighboring countries. For that Dubai real estate is the best place to invest your money as it will also provide you the worth for it.

Dubai Property - Hottest Destination

If we talk about property boom then the most recent will be seen in Dubai property as Dubai property currently occupies the slot of the most valued properties in the world. Dubai property prices are continuously rising up, thus nearly all the residential and commercial districts of Dubai are proving supportive to the buyers in terms of Dubai property. No matter whether that Dubai property has to be purchased or you are taking it just from the investment point of view, it will surely give you great profitable returns. If trying to invest in Dubai property then you are thinking on the right grounds as far as its future is concerned. Moreover, apart from this, Dubai proves to be a great city in terms of affordable luxury living and a tax free environment which includes tax free shopping as well. This is the major attraction for Dubai property investors from all over the world to invest in Dubai property and above that it constantly point towards a good capital growth for the country thus making Dubai property an eye-catching scheme.

Dubai is one of the hottest and happening cities of the UAE and has now turned up a hot property hub as well from investor’s point of view. Dubai property has always been known for its extravagant architecture. For that matter Dubai property is well known around each and every corner in the world. So, if you are looking for any kind of property investments here then this is the right time. Dubai property offers all kinds of property related to residential or commercial requirements. Here you can find residential property with some of the finest concepts and luxurious facilities. You can ask for luxurious villas as they are also available for short term rental schemes. Thus, we see that Dubai property offers a lot of options both for the investment and for buying purposes. From past few years Dubai property has shown a swift development and with tax free lifestyle and other facilities people are constantly trying to make Dubai as their second home by investing their hard earned money in Dubai property.

Dubai property also attracts investors because of the property laws which avail here thereby, making it easy for you to invest. The government of Dubai has made a federal property law which states that Dubai property has been made freehold for the foreigners at least for those projects which are under government developers. Commonly there will be three types of ownership proposals on Dubai property. These are the freehold, usufruct, and common hold. It states that the owner will have complete and secured possession rights in the case of a freehold property. Moreover, there is a major clause in Dubai property related matters, which is that people those who have already purchased some or the other Dubai property will have to legalize their purchase. This can only be done by making a registration for that Dubai property.

This city offers you some of the pioneer locations, thereby, allowing you to purchase Dubai property at a fair deal. Some of the excellent Dubai property projects that are worth investing in are Business Park, Burj Dubai, Abu Dhabi, Dubai Marina, Dubai sports city and lot more. These are some of the hotspots Dubai property destinations. However, all these locations may vary in terms of their payment plans. Dubai property investors often look for various factors before purchasing any kind of property but as far as Dubai property is concerned this is the safest gamble that anyone can play in the current scenario.

Demand and Supply Issue in Dubai Property

Dubai Property, the shining star of Dubai’s golden fortunes, has still no signs of slowing down, contrary to property analyst’s predictions. The breakneck speed with which Dubai property arrived in the international property market scene is well known by now. The allure of success of Dubai property is impossible to deny. The Dubai property setting speaks of boundless infrastructural accomplishments which have provided Dubai with a distinctive landscape. The tax-free lifestyle, exotic beaches, high end luxury living, booming economy of the brandishing city of Dubai has captivated investors towards Dubai property time and again. Keeping in mind such facts about Dubai property, it is also essential to note the high tempo with which demand is rising. The acid test for Dubai property is to sustain supply in the face of such extreme demand. The demand and supply ratio is a matter of great concern for Dubai property builders and agents.

One of the forecasts made by property experts regarding Dubai property is that the shortage of supply to the demand will be detrimental to the bustling Dubai property. This has sparked off a debate with another section of property experts reigning in the view that the supply of Dubai property will exceed the demand in the coming months. Investment bank EFG Hermes did a commendable job by conducting a research which highlighted the true position of upcoming supply of the Dubai property market. In its report it has listed all the projects of Dubai property to be completed in 2007 and 2008, but most have them have been subject to delays. It also made the observartion that Dubai property ensured a demand for 40,000 to 50,000 residential units per annum. This report has not taken into consideration the fact that out of this demand, only 30 % is in the luxury sector and Dubai property comprises mostly of such luxury projects. This may suggest that Dubai property is on an overbuilding spree. Pent-up demand and selling units as second homes may be the saving grace for a time for the demand and supply issue of Dubai property.

If we assume that Dubai population will continue to grow at the same rate in 2008 as in 2007, then the total demand for property would come to 35,000 units. This number is definitely not very far from the 50,000 units that property analysts have predicted will be delivered by this year. Now, if we take into consideration come delays then we may optimistically hope for the total demand and supply of Dubai property to be in equilibrium. So a situation where supply exceeds demand may not be seen on the horizons of Dubai property. The demand and supply chart has also made the Dubai property market more stable in the sense that Dubai property tariffs have been escalating at lower rates as compared to a few years back.

The real estate builders have become smarter now and are not as candid in selling property as before. We now see a more mature Dubai property market. One of the instances is that builders actually wait for the completion of a city to discern the exact worth of the property and also the maximum turnover it will provide. Thus the demand for Dubai property is still hot, so much so that it is letting out steam.

Dubai Real Estate - Scaling New Heights

The construction boom in the UAE has been largely propelled by the Dubai real estate scenario. During the latter half of this year the Dubai real estate market will be hosting the biggest ever Cityscape exhibition from the 6th to 9th October which will see around 60000 industry professionals and 1000 exhibitors participating. No wonder the current market of the Dubai real estate is worth nearly twice over the neighbouring locations. There are around $42.5 billion worth of ventures under construction catering to nearly 15 million customers.

Not only does the Dubai real estate cater to the residential requirements but some of the major multinationals have made Dubai their official headquarters. Thanks to the exponential growth of the Dubai real estate market. The state has even established a new realty court to make the Dubai real estate more transparent and reduce disputes. Developers are welcoming this and believe that this will increase the trust and respect of the buyers.

The Dubai real estate vistas are seeing some unprecedented scale of developments with various grand and glamorous projects in queue. These inventive and ambitious ventures of the Dubai real estate also include the much talked about man made islands of the Palm and the World. Beach front living, comprehensive residential facilities and gigantic superstructures are attracting everybody’s eyes to the Dubai real estate market. More than 100000 people are immigrating to Dubai every year and the market prices are surging sky high. But it is not for nothing. Dubai is the ‘City of the Future’. Though the demand in the Dubai real estate market was frantic around two years back it has stabilised considerably now and the brokers and builders are not demanding enormous prices. The major players in the Dubai real estate setting like Nakheel, Emaar and Aldar have a lot at stake and believe the future will be very bright for them. The construction of landmarks like the Burj Dubai has greatly increased the visibility of the Dubai real estate globally.

Dubai’s crown prince Sheikh Mohammed Al Marktoum knows that the UAE cannot sustain itself solely on the basis of the oil market and hence he is trying his best to facilitate the Dubai real estate to become a major tourist attraction as well as a commercial capital. The more exclusive ventures of the Dubai real estate are targeting the world’s elite and the likes of Michael Jackson and Rod Stewart already have their share of ‘The World’. A private waterfront villa can cost upwards 1.5 million euro yet much of these Dubai real estate properties have already been booked.

Though the Dubai real estate is growing at a phenomenal rate it is to be seen whether the infrastructure can match up to it. The traffic system is a major bottleneck but experts of the Dubai real estate believe that this will become streamlined soon. Another major problem for the Dubai real estate developers could be the sourcing and distribution of water which is a rare commodity in the desert. Investors are still cautious while putting their money in the Dubai real estate but this speculation will be done away with if the market can maintain its steady growth. Recent revision of the property laws has made the Dubai real estate more investor friendly. It is steps like these that can thrust the Dubai real estate to newer heights.

Great Investment Plans for Property in Dubai

Dubai city is one of the seven emirates that form the United Arab Emirates and it has been constantly upgrading its real estate market, especially in property in Dubai. Property in Dubai is persistently attracting buyers from around the globe. The city of Dubai has always been in the limelight due to its strategic architecture. Property in Dubai is well known for well designed buildings and towers, be it they are residential or commercial. Property in Dubai has become very popular from the investment point of view as the property in Dubai give greater returns on investment. Moreover, the best property in Dubai is available at a very rational price, premium and super premium levels. The only thing that is required from the buyers or the investors end is to decide his budget and requirements. This has to be done because property in Dubai is available in many forms. Property in Dubai can be divided into villas, office spaces and luxurious apartments along with plenty of other options depending on your budget. As far as the investment in property in Dubai is concerned investors generally, select some prime locations. Some of such locations wherein you can purchase great property in Dubai is: Palm Island, Dubai Marina, Business Bay, Jumeriah Lake Towers and many more. These are some of the hot places where you can invest your hard earned money to get higher returns. If we compare commercial property in Dubai with the residential one then we will see that commercial property in Dubai will become scarce within few years as its demand is less than the residential property in Dubai.

Dubai city is attracting investors for property in Dubai from all over the world because some of the prime reasons associated with it. The first and the foremost is capital appreciation. The studies have shown that in recent years the property in Dubai have risen by more than 25%. Moreover, it will get increased in the coming years. The next prime benefit is that the property in Dubai is tax free. The person who is involved in any of the property related issues need not pay any tax. This exerts a pull on investors for investing in property in Dubai. Another reason for popularization of property in Dubai is the ratio of demand and supply. The demand of property in Dubai is more that its supply due to the fact that the property prices here in this city are very cheap as compared to other cities. Moreover, the tourism is also getting augmented in this city and thus the requirement for property in Dubai such as hotels and rented apartments is great. As far as the commercial property in Dubai is concerned this city is also known as the business hub of the Middle East. It has a 23 hours stock exchange market as well thus; require more and more commercial property in Dubai. Moreover, many multinational companies have set up their offices in this city. This can be one of the reasons for great demand of property in Dubai.

People who know their requirements well can easily get a rented apartment or a property in Dubai. However, before getting involved in any such property transactions you should leave no stone unturned to explore the market of property in Dubai. So, all those people who are looking for investing in one or the other kind of property in Dubai have a unique opportunity.

Property Dubai: How Green Is My Valley

Property Dubai has essentially bolstered the international rank of Dubai. Dubai’s transition from a fishermen’s region to being the world’s favorite playground has been at the speed of light. Property Dubai has been one of the core factors for this extraordinary run-up to a global business and entertainment center. Property Dubai is synonymous with massive infrastructural developments and upcoming steaming property projects being announced at the drop of a hat. High-rise buildings with the most inventive features dot Dubai’s skyline and coastline.

However, it is astonishing to notice that along with the huge population of cranes brought in by property Dubai, the environment hasn’t really been compromised. In order to control the minimal destruction of nature due to the spurt in property Dubai, the government has taken effective measures. Because of the Dubai government’s laudatory efforts property Dubai has very cautiously maintained the environmental balance. Property Dubai maybe about big money, but builders are aware that Dubai’s success as the most attractive property investment is also on account of its environment. Dubai’s pristine views are a major attraction for the prospective investors of property Dubai.

Eco-friendly projects are the new beckons of property Dubai. The government of Dubai has already announced its intention of improving the sustainability of the property Dubai market by enforcing “green construction standards” on all upcoming projects. With major players of property Dubai agreeing to execute this legislation in their future as well as existing property projects, Dubai is all set to embrace the green cover to the max. It is hoped that property Dubai will now stick out from its favored green colored object-money bills and emerge into the green that favors everyone. Also, the government policy hopes that property market in Dubai by being environmentally conscious will bode well for other nations as well. Since property Dubai is currently the forerunner in the property market in the global scenario, hence it is natural that other countries will follow this noble example of contributing to make the environment better for a change.

This strong course to make property Dubai take the lead in going green is definitely to have a very positive impact in the global property market. The Dubai government’s directions to construct new buildings from now on keeping in mind international green building standards has been widely followed. This is applicable to every stage of building property in Dubai, right from designing to construction. Incidentally, property Dubai was apprehensive of this step because of huge expenses usually associated with making things green. But the government has assured that such investments will bring in far greater returns for property Dubai than in the past.

This time property Dubai has gone a step further and made a promise that is indeed rare in most cases-a green home that will lead to a sustainable future. This novel initiative will go a long way in unwinding the damages that the environment had been subjected to. It is now the aim to make Dubai a world-class property destination and at the same time property Dubai should very unconventionally contribute to the safeguard of the environment as well as the biodiversity of Dubai.

* What is the ‘green building concept’?

This is an environmental initiative that employs superior construction system. It enables high quality constructions and buildings without any considerable addition to the overall costs. This technique works by creating low emission consumption buildings that will ultimately reduce the total ecological impact.

Property In Dubai: More Than Just A Holiday Haven

Property in Dubai is the current hotspot in being a potential investment destination. From being a regional hub, Dubai has very rapidly transformed itself into an international confluence of trade, commerce, and recreation centre and of course the option of future homes by owning property in Dubai. Because of these factors Dubai is fast becoming a popular tourism destination and owning property in Dubai the complementary to tourism. Though tourists initially invest in holiday homes as property they are ultimately contributing to the spurt in the sector of property in Dubai. The highly pro-investment regulations offer renewable residential visas for a 3 year period, thus making the process of owning property in Dubai much easier. It is also true that foreign property investors in Dubai must show some caution while purchasing property in Dubai.

Property in Dubai and the thriving tourism industry somehow seem to be growing together. Unlike other countries, the foreigners here actually think of owning property in Dubai, considering the lucrative property investment returns. Property in Dubai and its extensive success is changing the international property market scenario. Property in Dubai is an extremely appealing choice for foreign nationals.

The climate of Dubai has been attracting people from places like UK to consider buying property in Dubai. There is everything that a property in Dubai will enable them to enjoy -the sun, the beach, exclusive shopping, recreational activities and so on. The lure of good life is doing its part to attract foreigners to invest in property in Dubai. Another interesting feature of property in Dubai is that the Dubai government has allowed foreigners to not only purchase property but also develop new projects.

A study has proven that more and more people across the globe are willing to buy holiday homes as property in Dubai. This gives them a double edged benefit - use their property in Dubai for themselves as well as make it their investment which is impeccably strong, taking into account the present property market scenario in Dubai. It is of immense importance to note that a huge percentage of property in Dubai is bought by new investors looking for greener pastures.

Dubai attractions ranging from its amazing coastline, high level recreation centers like Burj Dubai, Dubailand, the Dubai Mall, manicured golf courses, even the Dubai International Airport are an instant recipe for success for investors in property in Dubai.

Though skeptics are weary of the imbalance between demand and supply of property in Dubai, the builders are not very perplexed. This allows them to allay all fears and attract tourists as potential investors in property sector in Dubai. Dubai is becoming increasingly popular with nationals from UK, Europe who want to live abroad. Dubai has become synonymous with the term “Do-Buy”. Thus, the attraction of a stellar lifestyle and endless opportunities has made many visitors to end up buying property in Dubai. Moreover, property investors are especially working hard in projects that will seem irresistible to the incredible tourist market.