Thursday, 8 January, 2009
 


Why Invest in DUBAI
Dubai Property Investment
The main benefits for investing in Dubai are: –
  • Finance, Residency & Ownership
  • No Tax payable in Dubai on earnings or capital gains.
  • Residence Visa with ownership
  • 100% freehold ownership
  • Finance packages offered
  • Fantastically rich due to accelerating oil prices with no end in sight.
As you know Dubai Real Estate market is one of fastest growing property markets in the World. There is a limited land space in Dubai. Therefore Dubai property investment is one of the best Property investment options available in the current market. UAE enjoys huge new money coming in due to the high oil price. However, whether it is for investment or for you to live you MUST buy in the right area and right type of property to maximize the profits. It is really difficult to go wrong in this part of the world where energy is cheap, Has great working population due to relaxed work permit laws. Has the lowest taxation rules anywhere in the world and with the property market dead in most of the globe, you cannot go wrong.

We are so excited to announce an up-coming special members only area for Dubai properties from 1st January 2009. All members are going to get the following services.
  • Hot property alert emails. You will receive an e-mail whenever we find a property in Dubai below the market price.
  • Access to members only area in the website with up to the minute property information and good deals.
  • Dedicated service from a property consultant who has access to 30+ developers and agents in Dubai to find the most suitable/profitable property for you. Email address and phone numbers of the property consultant will be provided to the member.
  • Free of charge property tours if the member can visit Dubai.
  • Complete assistance in getting property loans from Dubai.
Here is your chance to be the first to know when the membership service is available.

The single most important thing about Dubai property investment is to get the service of a very good Real Estate Agent who gets the best deals and who knows the “inside secrets”. The agent should understand your requirement and provide you multiple options of suitable properties to your budget. Of course a property which will give you the maximum return for your investment. Also the agent must directly dealing with the property developer in Dubai.

The other most important point is to act fast when they present you the right deal. You know why? Dubai property prices are changing rapidly. You will not get today's price tomorrow. It is so volatile.

I have been dealing with a Property Agent for Dubai real estate, who I think is the best in the world. The good news is the agent has accepted my request to provide the same service for the visitors of my website.

You also need to choose the reputable builder that you know will deliver and has the resources to deal with issues when they happen.

What you have to do is to fill the below form and the agent will receive your information directly. Then they will contact you and work with you until you get the best property in Dubai. Please note that this particular agent is working really hard to get the best properties for his clients. Therefore fill the form ONLY if you are really serious on buying properties in Dubai.
 
Name  
Email Address  
Country  
Daytime Phone (Please enter the country code and the area code)  
Evening Phone (Please enter the country code and the area code)  
Budget  
Purpose of buying  
How soon do you want to buy?  
Type of property you want to buy  
Enter any other details that you need to know from the real estate agent  

 
 
History of Dubai Property Market
The Dubai Property investment property market boom started around 2001-2002 periods. Prior to that Dubai government didn’t want non-citizens to “own” Dubai properties. Therefore Dubai property investment did not exist for non-citizens. In 2008 with the doubling of oil price and investors loosing so much money in Europe or North America, they have been forced to switch to Oil Rich estates for investments that can ensure Positive growth for the foreseeable future.

However, Dubai government introduced new regulations for investors all around the world to invest in Dubai properties. Today Dubai property investment has become the “hot topic” among property investors.

Can't wait to see the best deals? Then click here to see Dubai real estate hot deals..

In most of UAE you can own your own properties specially in Dubai?

However, the locations are limited. There are limited number of places in Dubai where you can purchase and own the property. All other purchases are a long lease (normally 99 years renewable). You are the “owner” of the property during this period and you are allowed to sell or rent the property to someone else.

Selecting the best investment properties in Dubai?

This is the tricky area in Dubai property investment. The best investment property should match with your budget. Also you should be able to find a tenant fast. Here are some guidelines to decide the best area and type of property for you. Click here to see some of Dubai property photos

First lets look at types of people who are currently renting. Most of the tenants are expatriates who are working in Dubai. They have various incomes. The income decides what type of a property they are going to rent.

Majority of expatriates earns around 1000 GBP - 5,000 GBP a month. Normally they rent one-bedroom apartments. In my view this is the type of property you will be able to find a tenant very quickly. However, you should buy a property in a location where they can afford to pay the rent and in an area where most of the offices are located.

The second category is mid to high-income earners who are earning around $7000 - $10000 a month. These tenants are usually small in number, however are willing to pay a higher rent. There is a big chance that these types of people are receiving a rent allowance from the employer. They will be looking for semi-luxury apartments with facilities such as swimming pools, gym, tennis courts etc. If this is your target market then you will definitely receive much higher rent. The drawback of this type is the small market.

The third category is ultra rich and famous people around the world who are willing to “throw” money. If you want to cater for this category, then search for luxury apartments, villas and properties in Dubai islands. These people will not rent. They have money to pay cash and buy. So your only option is to buy a property in a unique location and sell it for a profit. Buying investment properties for this category can be a very high investment. However, the return will be equally high.
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