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Dubai Property Crash? Rents To Drop?
If you have been following the news recently or my Blog, talk of a Dubai property crash may not be all that new to you. It has long been branded around that the Dubai property market was heading for a crash and the infamous "bubble" stories, but with nothing having materialized, should you pay attention this time? Some are saying a property price correction of around 10% could be on the horizon, with others going as far as to predict a full scale bubble bursting property crash! Are things really looking as bad as some media outlets would have you believe, or is it all a lot of fuss about nothing? Are there buyers out there who are currently priced out of the market and are waiting with baited breath for people to panic and sell Dubai property on the…
Property Prices In Dubai Update
When property law in Dubai was introduced to allow foreigners to purchase real estate in freehold developments back in 2002, Dubai property prices, like the market, were very much in their infancy. However with Dubai developments capturing attention all around the globe, both the property prices and the real estate on offer has since taken off at an incredible rate. Initially buying a property here was unknown; perhaps being seen as a little risky to some, and therefore property prices were set to reflect this. Low property prices in such beautiful surroundings certainly aren’t going to stay that way for long, and this has turned out to be the case, with prices in some developments having increased as much as 800% since their launch 7 years ago. So what is…
Choosing The Right Dubai Real Estate Agents
Dubai property has continued to develop at an astonishing rate, with new freehold projects continuing to pop up around the city, helping further Dubai’s already impressive reputation as the place to purchase some truly different real estate. With a huge array of freehold real estate on offer throughout the city of Dubai, you can rest assured of finding something to meet your needs and in many cases, surpasses your expectations. With the likes of Emirates Hills and The Springs, to developments such as International City, Dubai has a range of property within differing price brackets that is suitable to a wide variety of budgets.
With such a large and diverse range of property on offer you may not give much thought towards the importance of estate agents.…
How To Choose The Best Dubai Real Estate For Sale?
Dubai real estate has become some of the hottest real for sale since the introduction of foreign ownership rights back in 2001. The market has since exploded with a wide array of freehold real estate developments available for sale. Few other places can match Dubai for both the property on sale and the life style on offer in the City. Dubai’s assent into becoming one of the most sought after places to live or holiday has been quick, and things here have moved at a phenomenal speed. Buildings have shot up, and at the same time so have real estate prices. So what does the Dubai real estate market have to offer buyers as 2009 approaches? And also if someone wanted to sell Dubai property when is the best time?
Well first and foremost Dubai off plan property…
Dubai Keen To Trim Property "Flipping"
The Dubai freehold property market has made a lot of people a good deal of money. With prices increasing in the range of 800% since 2002, if you got in early you certainly reaped the benefits and even recently good money has been made by many investors who have bought wisely. How have these investors achieved there success you might be inclined to ask? Well the Dubai property market since the introduction of freehold ownership for foreigners has been characterized by ‘flipping’. This is simply the act of purchasing and then quickly selling a property at a profit. This is a tactic that has had phenomenal success in Dubai, with properties quickly changing hangs such is the demand for real estate here. And in many cases, due to the installment payment systems…
Property Prices In Dubai Still Offering High Premiums
It’s no longer really much of a secret that Dubai off plan property offers a great investment for those looking towards property. It has long been broadcast that the premiums obtainable on off plan property offer investors the best bang for their money. With an estimated 9 out of every 10 property buyers preferring off plan property in Dubai real estate, many might be right to question why?
Well you can brand around many reasons, but the simple fact it that freehold off plan property will obtain premiums just not possible with already completed property. From an investment perspective, even now in the Dubai property market, good returns can still be seen on off plan property. Sure, in today’s market climate you have to be a little more clever and…
Is The Dubai Property Bubble Really Set To Burst?
So what’s all this talk of the Dubai property market cooling then and the so called "bubble" set to burst? Once again it’s in the news that Dubai freehold property prices are set to slow, with some going on to suggesting a 10% drop in prices over the next few years. This may prompt some of you to ask, but haven’t we heard all this before? And the answer would be yes! Yet freehold property prices have remained buoyant, and in 2008 saw a 25% increase in the first 6 months alone. So what is going on you might ask?
Well its certainly become well known that Dubai real estate has seen some pretty crazy price increases since the Dubai Government announced freehold property ownership back in 2002. The Palm Jumeirah offers some of the best examples of the sort…
Dubai Launches AED 1.7 Billion Dream Harbor Project.
Dubai Waterfront has been attracting all kinds of interest since it was first announced to the world. Initially very little information was available, but now more and more developers are announcing their plans for this truly breathtaking project. The Dubai Waterfront will become yet another icon of Dubai real estate alongside the likes of the Palm Jumeirah and Burj Dubai. With developer Nakheel the master developer behind the project you can rest assured of it surpassing expectations. The mega project will consist of a number of different zones and combine freehold property from a range of developers.
The has now stepped into the foray, with its AED1.7 billion Dream Harbor Project. The developer already has other freehold projects in Dubai Business…
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