Wednesday, September 23, 2009

The Advantages of Buying a Dubai Property

Real estate investors have begun to include Dubai in their plans ever since the economic boom in the emirate took its initial stages. If you are looking to buy a Dubai property, you are definitely on the track to a profitable business success. However, before making a final decision you should be well informed of the market conditions and prices and the construction sector development and the current as well as future major projects in order to make the best and most informed decision. Here you can find an introduction on Dubai property prices and here are the main advantages that the real estate business in the emirate has to offer.

At present the main benefit of investing in a Dubai property are the relatively low market prices, which have fallen substantially, although not dramatically from their previous high levels for the past year and the first quarter of 2009. The costs of square foot in the most attractive of developments are already showing signs of increase and some are expected to rise with around 5%. The prices in the lower class projects, on the other hand, are expected to retain their current levels. However, the demand is also growing, so now is the time to act in order not to miss the moment.

Another major advantage of owning a home in Dubai is that you can comfortably live in the hub of the Middle Eastern economic area, which is beneficial for business people and professionals alike. Despite the negative effect of the global recession, the world id now on the road to recovery and new opportunities are constantly rising in the UAE and the region. The emirate is located on the gateway to Asia on one side and to Europe and Africa on the others, which also makes a Dubai property the prefect convenient refuge for the busy international business traveler.

The emirate has also become a major tourist destination visited by thousands of people from all over the world every year. The residents can take advantage of the numerous facilities the residential complexes have to offer when buying a Dubai property. The shopping opportunities are endless and the wonders and attractions are literally around every corner. The nature is also beautiful with the soft beaches and the warm waters allowing for the ultimate relaxation. Various non-sea sports such as golf can also be practiced with one of Dubai greatest attractions being the indoor ski slopes. Different projects are also on the way to make the place even more exceptional.

All of the above mentioned advantages suggest that the investment in a Dubai property can be more than lucrative and cost-efficient. The excellent business and recreational opportunities attract a lot of people and the demand for rental properties is also very high. Leasing offices, apartments or villas is profitable, although at present the rent prices have fallen as well from their previously high levels. You can opt for a short or long term lease agreements depending on the time you want to spend in Dubai working, making business or simply enjoying all the amazing things it has to offer.

So how does one look for lucrative real estate for sale in Dubai? It's quite simple actually there is internet with lots of websites advertising Dubai property for sale and there are also real estate agencies that can help.

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