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Real estate in Dubai

Every city in the world has real estate business and what is so special about the real estate industry in Dubai? What makes the people through out the world to invest in Dubai?. What is so special about the place Dubai?

Real estate in Dubai

For more than 3 years I am living here in Dubai. This place gives a lot of importance for business. One another thing which fascinates lot of people is because it is a tax free nation. Apart from this the real estate developers in Dubai are building some crazy stuff here. Some of outstanding developments being

  • Burj Dubai – Tallest building in the world
  • Palm Island
  • Dubai land
  • Business bay and lot more

The next good thing to tell about Dubai is the way they promote and market each buildings. The loan and payment facilities they offer. If you see the number of residential building is very much low. So there is a need for lot buildings to accommodate the current population. So there is a good rental guarantee for the one who buys an apartment in Dubai. Most of the investors buy apartments in Dubai for this reason.

Currently lot of people who works in Dubai stays in Sharjah since there is lot of residential properties and its much cheaper compared to Dubai. It might change in the near future all because of the traffic they have to go through everyday. Which is a big stress and please don’t ask about it and I am going through everyday.

All I am trying to say is if I had the money to invest I am would surely buy lot of apartments in Dubai. The sad thing is I don’t have it 😀

Burj Dubai will be the world’s tallest tower

The Burj Dubai will be the world’s tallest tower and the centerpiece of the Gulf regions most prestigious urban development to date. The Burj Dubai will be the world’s tallest tower and the centerpiece of the Gulf regions most prestigious urban development to date.

Its final height is officially being kept a secret due to competition; however, figures released by a contractor on the project have suggested a height of around 808 metres (2,651 feet). Based on this height, the total number of habitable floors is expected to be around 162. However, on the project’s official website, an interior graphic of an elevator panel shows floor numbers up to 195. A more recent article by building subcontractor Persian Gulf Extrusions states a final height “over 940 metres”, or at least 3,084 feet, but this has not yet been confirmed by Emaar. This new figure is 24 metres higher than the final height rumoured on burjdubaiskyscraper.com. Another source, from dubaimegaprojects.com reported an estimated final height of 1,011+ metres (3,317 ft.) and a floor count of 216+ floors.

I get a chance to see this building coming up every day. The place is going to be really great once this project is complete. I shall update some picture about this project next week 🙂 .

Properties in Dubai

I came to know that companies in Dubai are investing heavily on Google adsense for real estate. So make profit on adsense this is my new approach to make domain rich in real estate.

When I first came to Dubai 3 years back Dubai was just booming with real estate. Now the people who started any companies related to real estate are millionaires.

Dubai was the first emirate of the UAE to get involved in Freehold Real Estate, at a time when UAE and GCC nationals were only permitted to own property in the United Arab Emirates. Buying real estate in the Emirates is slowly changing and becoming more available to expats.

Dubai has seen a remarkable growth in property. Previously, only native citizens were allowed to own property in Dubai, but now anyone can purchase property in Dubai.

The Dubai property market is setting the standards for property development throughout the world and with landmark developments such as Dubailand, Dubai Sports City, The World and The Palm, the Dubai property market will remain the future of overseas real estate investment for years to come.

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