Latest Price Trends in Real Estate Dubai

It is almost impossible to describe the true worth of real estate Dubai. The factors that the region is gifted with makes real estate Dubai surge ahead of all other competitors. Real estate Dubai has seen investors from across the world clamoring for a toehold in this magnetic boomtown. The accomplishments of real estate Dubai has made dream living real. A driving force behind real estate Dubai is billion dollar investments by the biggest multi-national companies in the international property market. The city of Dubai is now brimming with rich individuals and companies. But what is surprising is the price trend of real estate Dubai, which compared to worldwide inflationary effects, is relatively stable. No doubt price in real estate Dubai has jumped higher than in the recent past, yet real estate Dubai and its immensely profitable returns make people to take the plunge without much ado.

A recent survey has proven that real estate Dubai offers greater worth for money than other leading real estate nations like London. State-of-the-art infrastructure combined with good transport links come together with real estate Dubai. The rising trajectory of real estate Dubai is not affected by any surge in price. The rise in prices of real estate Dubai is balanced by a low rate of interest and the absence of any local, corporate or sales tax. The current rate of 10-15% per annum return on real estate Dubai is expected to continue in the coming future. The strength of real estate Dubai is further evidenced by rental yields in excess of 10%. With the economy riding on the back of a double-digit economy, it will be hard for the market to register a collapse.

The economic development of Dubai has seen a rise in the payroll of workers. This rise has led to the demand of luxury of homes which in turn has led to rise in prices. This wage and price spiral spells very well for real estate Dubai. As for migrated citizens, the rise in price won’t be a matter of concern because they mostly belong to countries with much higher property prices. Sales in real estate Dubai is currently dominated more by short-term investors than end-users.

Though real estate Dubai faces major problems because of construction price inflation, they can be warded off to some extent with safeguards. Moreover, Dubai’s Real Estate Regulatory Authority (Rera) has plans to introduce a comprehensive price survey that is set to ensure pricing to be more transparent. According to the HPI index report the high residential rates in Dubai is averaging at Dh.950 per square foot which is ultimately more cost-effective for end-users in Dubai. Further, the dirham has been on the decline in value, as compared to other global currencies. This has all the more made real estate Dubai attractive for investors. The report also states that surging construction costs will cause rise of sales price by roughly 18 to 20 percent in real estate Dubai. Thus, fluctuations such as those in oil prices are least likely to affect real estate Dubai. In fact, the rise in oil prices will only to lead further growth in realty sector of Dubai.

Dubai Property Giant Nakheel’s Exclusive Waterfront Property

Dubai property market has been flourishing over the years. This has been mainly possible due to the unending efforts of Dubai property developers such as Nakheel and Emaar. In fact, Nakheel is one Dubai property developer that is renowned all over the world for innovative ideas. Recently, this Dubai property icon has come up with Veneto – an exclusive residential district in the beautiful Dubai Waterfront area.

Veneto has been designed in such a way so as to have an exclusive waterside neighbourhood having classy low-rise villas and townhouses. Each home in this quiet corner of the city offers an option worth considering when buying Dubai property. Each property unit in Veneto has proximity to the splendid coastline of Dubai.

There is plenty of open space around the villas and townhouses, making this one of the most coveted neighbourhoods in Dubai property market. Facilities such as schools, mosques, community centres, community pools, nurseries and health care are available on this Dubai property development.

Highlights of this Dubai property:
• Peaceful surroundings
• Lush green landscaped gardens
• Waterfront broad-walks
• Tree-lined walkways
• Beautiful marina and waterways

All in all, Veneto will comprise of 1400 villas and townhouses, apart from 1200 low-rise apartments available for those interested in Dubai property. The second half of 2009 will witness the handover during initial stage of the villas.

Dubai Waterfront is the biggest coastal property development in the world.

Dubai Property Market Offers Residential Sports City

Over recent years, Dubai property market has expanded to include more localities and developments from across the city. Dubai property sector has something innovative on offer these days – Dubai Sports City – a place sports lovers from all over the world will cherish. Dubai Sports City has residential property on offer amidst facilities for watching, playing and learning a range of sports. It is hailed as the world’s first purpose-built sports city.

Sprawling across 50 million square feet of land, Dubai Sports City is a property project worth 4 billion USD. An 18-hole golf course designed by Ernie Els is the star attraction of the property development. Recently, Ernie Els Club was also inaugurated which is the first completed venue in the development.

Dubai Sports City is a property development that will, apart from golf, cater to sports such as cricket, rugby, soccer, hockey, tennis, ice skating, field events, etc. Not only this, the City will have property options in proximity to sporting academies. Some of these are given below:

• Manchester United Soccer Schools

• ICC Global Cricket Academy

• Butch Harmon School of Golf

• World Hockey Academy

• David Lloyd Tennis Academy

In addition to offering amenities for sports enthusiasts, the property development will have something for their families. There will be more than 1.7 million square feet of retail space in the name of North Point, South Point and Arena Mall. With 230 stores in two storeys, Arena Mall will be the largest shopping complex in the property development.

Every shopping district of the Dubai Sports City will have a multi-cinema complex in addition to an entertainment zone and food outlets. The property development will also host cultural and sports events at the indoor and outdoor stadiums. There will also be hotels, medical facilities and international schools in the property complex.

Dubai Sports City is a residential property development in Dubailand that will have four splendidly done stadiums:

• A multi-purpose outdoor stadium with seating capacity of 60,000;

• A cricket stadium with seating capacity of 25,000;

• A multi-purpose indoor arena with seating capacity of 10,000; and,

• A field hockey venue with seating capacity of 5,000.

The property development is based on a state of the art design wherein all sports and entertainment venues will be located centrally. This will be useful in the sense that residents will have everything at walking distance. With traffic congestion elsewhere in Dubai, the Sports City will provide a welcome respite to residents in promoting healthy and eco-friendly living.

Property in Ras Al Khaimah: Oceana Apartments

Every investor or genuine buyer looks for value from his/her hard-earned money. Some upcoming property in Ras Al Khaimah has already proven its worth. The residential complex of Oceana Apartments in Al Hamra village is a vantage property in Ras Al Khaimah worth investing in. The growing value of this residential property in Ras Al Khaimah has attracted good buyers. With the beach just 200 meters away from the residential enclave, it has homes with fantastic views. What’s also unique about this property in Ras Al Khaimah is that it is designed in Arabian heritage style. It is only seven storeys high, giving an uncluttered skyscraper look. From each side, one can get a good sea-view in this property in Ras Al Khaimah. Furnished studios, simple 1-2 bedrooms are best investment options here. This property in Ras Al Khaimah is slightly different from the other luxury villas. It is simple and affordable for middle class families wishing to have a second home as property in Ras Al Khaimah. Other features included in this property in Ras Al Khaimah are:

• Car parking bays for every owner

• Floor to ceiling glazing in living rooms

• Security cover

• Modern kitchens and bathrooms

• Direct beach access

The Al Hamra village property in Ras Al Khaimah where Oceana Apartments is situated is touted to become more lucrative. Only 45 minutes away from Dubai, the property in Ras Al Khaimah has attractive profile views to make it a second home. The prices of studio apartments are around 37,050 AED. A one-bedroom apartment here costs around 85,150 AED approximately whereas two-bedroom apartment costs around 104,650 AED. Rates will change soon as this lucrative property in Ras Al Khaimah is in high demand. Check the code numbers of the buildings where the apartments are still available, as these prices mentioned are only reflective. The banks which provide loans for this property in Ras Al Khaimah are HSBC and Lloyds TBS. Some of the homes in Oceana Apartments cost around 656, 500 AED and 6955,000 AED.

Every property in Ras Al Khaimah is different and no comparison can be made between any of them, even if both of them have sea-views. Each developer has his/her own costing factor. The reliable ones have government backing, as the rulers are themselves investors in property in Ras Al Khaimah. Many brokers are representing the builders to sell property in Ras Al Khaimah. Ask a broker or approach the builder to get the best of this property in Ras Al Khaimah. Some of the brokers are not even asking any commission if you buy this property in Ras Al Khaimah. It is already clear that home is the best asset one can have so why not invest in Oceana Apartment property in Ras Al Khaimah? This is one property in Ras Al Khaimah that works well for small families with reasonable budgets.

Final Tip: If you have a small family, an apartment in Oceana Apartments is worth buying.

Property in Ras Al Khaimah: The Cove

With so much of freehold land available, the cost of available residential property in Ras Al Khaimah has increased. It is difficult to decide where to make sound investments. Developers are trying to take advantage of making best use of construction property in Ras Al Khaimah. In 2005, well-known Egyptian real estate builders, ORASCOM Hotels and Development, got a head start in their mega hotel project in property in Ras Al Khaimah called ‘The Cove’. At an estimated cost of 227 million AED for construction, this prestigious 50-acre property in Ras Al Khaimah is approved by the government.

What makes ‘The Cove’ a viable property in Ras Al Khaimah apart from the ruling family’s interest in it? It is only 40 minutes distance from the Dubai International Airport. Since the builders are from Egypt, they have added their experience and local cultural influence to develop 135 Nubain villas, enhancing this property in Ras Al Khaimah. More than half of the exotic villas of this property in Ras Al Khaimah are already sold out. Access to various utility services like shopping malls, hospital and free zone has contributed to the quick sale of this property in Ras Al Khaimah. As more experienced real estate developers have entered the arena, other projects are also likely to get a boost.

The Cove was the second freehold property in Ras Al Kamiah, which got a kick start with the announcement of change in property laws. A five star beach hotel also has come up in this 50-acre property in Ras Al Khaimah. A hill and island chalets will have 2-3 bedrooms for residents. Each chalet will have access to private beachfront in this property in Ras Al Khaimah. Villas in this region have their own plunge pools. Most of The Cove property in Ras Al Khaimah is aimed at residents who wish to holiday for a few weeks in a year. The villas can remain vacant for 11 months with a guaranteed 7% return on three year rental return. Owners can resell this property in Ras Al Khaimah back to developer at prevailing market prices. The developers themselves are providing financial solutions for acquiring this property in Ras Al Khaimah.

This beautiful property in Ras Al Khaimah is strategically located inside a water inlet on the beach front, making it a premium address. The town centre is towards the south of this property in Ras Al Khaimah. Proximity to the Dubai International Airport will help this property in Ras Al Khaimah to become a gateway to the Gulf. It has access to all modern facilities that are required by families to live in any good property in Ras Al Khaimah. There are separate quarters for maids, an exclusive garage and car parks in The Cove making this property quite attractive in Ras Al Khaimah. Anyone can buy a villa here and make it an exclusive Arabic getaway property in Ras Al Khaimah. Buying now will help in getting the best of the dream holiday homes.

Final Tip: With easy finance available, it is a good idea to invest in a holiday getaway in Ras Al Khaimah.

Property in Ras Al Khaimah: Al Hamra Village

Real estate watchers call the Al Hamra Village a ‘city in a village’. The description is appropriate for this premium property in Ras Al Khaimah. The charming village meets the urban legend. For many city dwellers, this is an apt country location for buying property in Ras Al Khaimah - a growing Arab emirate in Middle East. The man-made lagoon has become an important feature in the water starved desert kingdom. This alone makes it an exclusive and lucrative option as a property in Ras Al Khaimah. One indication of its popular rise is the Arab Bank signing a MoU with mega builder Al Hamra Real Estate Development group. It is providing ideal credit solutions and lending facility to buyers for this upcoming property in Ras Al Khaimah. It is bound to appreciate in the coming years. Latest development news feature many viable projects in Al Hamra, making it a premium property in Ras Al Khaimah.

The ruler of the state has flagged off the construction activity of this prestigious property in Ras Al Khaimah. His dream of making world-class property in Ras Al Khaimah has come true. He supports the construction of the 400-room luxury hotel, which will be built in Al Jazeerah area of Al Hamra. The project is a part of growing property in Ras Al Khaimah and its estimated cost is 300 million AED. The development of 600 meter beach property in Ras Al Khaimah will benefit local residents and tourists. This village is seeing expansion of Golf Apartments and other property in Ras Al Khaimah. It will have studio apartments, villas and Marina apartments.

The rulers are progressive and have a futuristic vision of the success of property in Ras Al Khaimah. One can see the furious pace of construction activity in selected parts of Al Hamra village’s property in Ras Al Khaimah. International facilities given by surrounding areas like Dubai, the property in Ras Al Khaimah also has similar facilities like sports arenas, golf course, hotels, resorts and beautiful homes. Many people are investing in residential property in Ras Al Khaimah for its scenic view, and a range of entertainment and relaxation options. Luxury five star Al Hamra hotel’s 375 rooms are full during tourist season.

As Al Hamra Village becomes a sought-after destination, the prices of property in Ras Al Khaimah will increase in the coming years. Now is the best time to earmark a cosy apartment or villa and become a part of this rising dream property in Ras Al Khaimah. The marina with 150 boats serves as an excellent vantage property in Ras Al Khaimah for high net worth individuals. It has lovely dining areas too. People have started investing in Al Hamra Village property in Ras Al Khaimah. The advance bookings have boosted chances of foreigners buying property in Ras Al Khaimah. With freehold land available as property in Ras Al Khaimah, developers are offering the best options. This is indeed the best time to invest or buy property in Al Hamra village.

Final Tip: Investing in a town-house having Arabian features is an idea worth consideration.

Property in Ras Al Khaimah: Royal Breeze

Royal Breeze is an ideal residential building in Ras Al Khaimah. It has attracted many investors. Located in Al Hamra, it is becoming the fastest occupied property in Ras Al Khaimah. It is situated near 200 meters of virgin beachfront. Everywhere in the world one can cash on weekend properties. So is the case of the emerging property in Ras Al Khaimah, UAE. After working in the city for long, one needs a break. Various apartments in Royal Breeze are available. Many Dubai residents have already started investing in this property in Ras Al Khaimah. European buyers are interested in buying spacious apartments in Royal Breeze.

Royal Breeze has emerged as a favourite haunt for buyers in the last seven years. It has given a fillip to other property in Ras Al Khaimah also. There are seven apartment buildings that are beautifully designed in Al Hamra, the prestigious property in Ras Al Khaimah. It is styled on Arabian architecture. Every building including Royal Breeze has only seven storeys which give it an exclusive character, making it a unique property in Ras Al Khaimah. The landscape view includes the sea, a lagoon and profile vision of the marina and the green lush carpet of golf course. The homes are built straight on the beach. They are quite scenic, making them a coveted property in Ras Al Khaimah. It is hard to resist making this valuable investment in Royal Breeze. It is not very difficult to invest in this property in Ras Al Khaimah, as HSBC is giving loan facility. To get a home with a view in this amazing property in Ras Al Khaimah is now achievable for foreigners. They can get around 78% of finance and book any apartment in this property in Ras Al Khaimah. Some of the homes are likely to get complete by 2008 which is not far off.

For Dubai residents, it is an ideal getaway, as this property in Ras Al Khaimah is only one hour’s drive. One can invest in private villas, penthouses or spacious flats in this property in Ras Al Khaimah. The property in Ras Al Khaimah is very lucrative because the apartments here have balconies, ideal for enjoying evening coffee or tea. An owner can decorate the apartment according to individual taste, making it an ideal property in Ras Al Khaimah. The spa facility relaxes the tired residents of this property in Ras Al Khaimah. This is a USP of Royal Breeze, an attractive property in Ras Al Khaimah. One can do sunbathing near the pool. The spa centre has saunas, fitness area and treatment area to rejuvenate the mind, body and soul. Can anyone really want to miss investing in this property in Ras Al Khaimah? The latest equipment, medically researched fitness area are part of the Royal Breeze property in Ras Al Khaimah. Residents of this emerging residential property in Ras Al Khaimah can also hit the beach for bathing, sunning or jogging for a change sometimes.

Final Tip: One has the choice of having an apartment on the higher floor of Royal Breeze for a lovely panoramic view of the northern part of the Emirate of Ras Al Khaimah.

Property in Ras Al Khaimah: Al Hamra

With the rise of Dubai on the world map its surrounding areas like property in Ras Al Khaimah also are benefiting. The availability of property in Ras Al Khaimah has added the value to freehold assets that one can invest in the Emirate. Ras Al Khaimah is one of the seven states of UAE in the north region, covering 1, 700 square kilometres. It is the second emirate to open freehold property in Ras Al Khaimah to non locals in 2005. Some of the property in Ras Al Khaimah witnessing construction activity includes Al Hamra, Saraya Islands, Mina Al Arab (port of Arabia), Al Marjan Island, Yasmin Village, Hulaya Island, Jazerah Al Hamrah.

Al Hamra is recognised today as an upcoming property in Ras Al Khaimah. In the typical picturesque Arab centre of habitat, it is a bankable alternate for new buyers. Some of the best residential and commercial spaces have redefined the value of property in Ras Al Khaimah. The premium sea front location makes Al Hamra an excellent postal address for the manor born. This property in Ras Al Khaimah has transformed the little Arab hamlet into a towering skyscraper site. Hailed as a potential tourist locale, the Al Hamra village is the first property in Ras Al Khaimah to be developed in the city. It is 40 kms close to the International Dubai Airport. This property in Ras Al Khaimah is now dotted with resorts and also has enclave for residents. On the Ettihad road, it already has a marina, 1350 assorted homes, 5 kms jogging track, shopping mall, 18-hole golf course and yachting facilities. This massive property in Ras Al Khaimah is being developed by Al Hamra Real Estate Development LLC.

The Al Hamra property in Ras Al Khaimah will be complete in three phases. The first phase includes building of 3-4 bedroom homes and semi-duplexes. The next phase of this property in Ras Al Khaimah will have 3 bedroom homes, studio apartments, golf homes, 5-bedroom villas, Marina and the golf course. The property in Ras Al Khaimah has also seen a lot of environmental change and one of the biggest developers in the land RAK Properties started a clean-up campaign with the help of the government. The environment protection and development authority is behind the cleaning up of this property in Ras Al Khaimah. It is an important move to continue sustainable development in the region. The maximum interest in the property in Ras Al Khaimah so far has come from France. RAK Properties is behind many mega-projects in many areas including Al Hamra. Most of the builders developing property in Ras Al Khaimah are giving an opportunity to residents for relaxation in the wonderful retreats in Al Hamra. The landscape of this village is ideal for all types of construction, a major plus point of this property option in Ras Al Khaimah. One can get mountain view, waterfront, desert and fertile land, making a sensible investment in property in Ras Al Khaimah.

Final Tip: One has a choice of luxury villas, idyllic retreats, studio apartments and 2 or 3 bedroom apartments in Al Hamra.

Property in Dubai - Waterfront Penthouse

One of the main reasons why property in Dubai has emerged as a prime land is that it offers state of the art residential complexes. They have access to critical facilities making these areas a safe zone for habitation. Some neighborhoods make prestigious addresses too. The availability of exclusive waterfront penthouse property in Dubai in close proximity of commercial districts makes the area attractive for the landed gentry. It offers all luxuries and safety features a VIP family would need while staying in property in Dubai.

In the heartland of Jumeirah, near Dubai Marina is the waterfront penthouse and exclusive property in Dubai. Homes with 3 and 3.5 bedrooms of 6,583 square meters approximately, estate agents are expecting this property in Dubai to be fully occupied. In the desert kingdom, this property in Dubai is an oasis. With amenities like temperature controlled swimming pool, Jacuzzi, gym, massage clinic, sports facilities, private terraces, manicured gardens and play area; it is considered as an emerging prime property in Dubai. It has excellent features like the security card reader, CCTV and camera covered parking bays and video phone all important for a quality property in Dubai. Other essentials include regular maintenance while residents are away from their property in Dubai! Laundry washing units, high speed elevators and internet, help in making the waterfront penthouse particular property in Dubai a virtual home manager.

The water penthouse property in Dubai has additional attractive features- enough for an investor to pay a little more than other property in Dubai. With safety concerns crucial worldwide, every family needs security even during vacations when they are away. A mere phone call lights up at night fall which an important aspect of this property in Dubai. Broadband Internet facilities are devised for remote controlling the lights. They help in raising and lowering the blinds and also regulating heating switch. The webcam ensures that the kids are safe- making it another highlight of this property in Dubai. Every facility is equipped to meet emergencies like power cuts, black outs, fire, smoke or burglary which is critical to every property in Dubai.

Every waterfront penthouse property in Dubai has homes ranging from 4,493-5,039 square meters in Jumeirah, Dubai Lagoon and Jumeirah village south. They have luxurious bedrooms and bathrooms. International investors are allowed to buy and use this property in Dubai for rental purposes. Schools, hospitals and shopping malls are not far off from this property in Dubai- making it a perfect asset. The prices fluctuate between a high of AED 7, 42, 293 to a low of AED 3, 50, 000. Some may be little less depending on the facility that the developer will offer. Loan facilities with banks are also available for such a property in Dubai. The waterfront penthouse property in Dubai can be rented or bought by individuals and companies for comfortable living. While buying this or any other property in Dubai it is important to study other parameters like fluctuating rates, proximity to essential public utilities.

Final Tip: These homes are ideal for top multinational company executives who wish to live in Dubai with their families.

Property in Dubai - K G Tower

The Dubai property sector is surging ahead as property in Dubai is open to foreign investors. The expats are already buying exclusive properties as the demand grows. Residential buildings in pivotal locations around the city are emerging as landmarks. One such property in Dubai is in the plush locality of Dubai Marina. It covers the two mile coastline of the Arabian Gulf. It has nearly 200 impressive villas and luxury residential apartments, making it one of the best of Dubai property. The K G Tower is an architectural marvel changing the skyline and nature of building property in Dubai. Twenty storeys tall, K G Tower in the Emporis building, houses 66 fantastic apartments. The property’s ship like facade looks as though it shall sail straight in the waters! Built on an irregular plot of land, this property in Dubai has other imposing features. This residential complex is a good investment option for buying property in Dubai. Its strategic location makes it a prime property in Dubai. It also reflects on the premium lifestyle that it offers to residents. It is one of the many marvels of Dubai property development at its best. Realtors consider this upscale property luxurious and safe making it a better property in Dubai. Every home in K G Tower has spacious balconies with a spectacular view of the breezy Arabian Gulf. The lobby and façade have a blend of stone, glass, paint and alucobond. With a Jacuzzi in every apartment it is an idyllic investment as property in Dubai.

K G Tower has risen to heights with the joint efforts of Emaar Properties, Dimension Engineering Consultants, K G International FZCO, W S Atkins and Partners. Every conceivable amenity has been included to attract genuine buyers to this property in Dubai. This property in Dubai includes round the clock security cover, three speed elevators, health club, and swimming pool. This property in Dubai has an underground car park and guest parking bays. The price of an apartment with two bedrooms is roughly around AED 1, 843, 788. 50. Even 3-4 bedroom homes are available in K G Tower. The apartment area is between 1605 to 3590 sq meters making it a spacious property in Dubai. The prices of residential property in Dubai fluctuate. It is advisable to check before buying. Foreign nationals interested in buying or investing in this property in Dubai can approach agents for detailed information which includes laws, regulations, forms, deposits and mortgage loans.

Buying a property in Dubai like this Tower has its own charm in a premium locality like Dubai Marina. Brokers and agents are introducing potential buyers and investors to this charming lifestyle residential apartment complex. With flexible freehold rules, foreigners are keenly looking at property in Dubai as long term investment. Even if there is a slump in later years, the prices of property in Dubai will still appreciate. K G Tower is ensconced in a lucrative locality. It is a good property in Dubai for expatriates for long term prospects.

Final Tip: It is quite accessible to Sheikh Zayad Road, Media City and other important public utilities.