Real Estate Market - A place where few can match with in the entire world Dubai, one of the seven Emirates
of United Arab Emirates (UAE), is its fast growing commercial centre. Although the total area of land in Dubai is approximately 2,428 sq miles, within this limited space, sky high construction projects are being built and new investments are gathered daily to the arena considering the high profit that can extract for the investors. There are many reasons for this development in Dubai. One of the main reasons is the political stabilisation. Since the peace is prevailing in the country for a long duration, it creates the necessary harmony for it among the citizens who are multi facted from various angels. Only 20% of the citizens in Dubai are Emirati while all the other occupants are expatriates from all over the world - yet the democracy in the country is par excellence with the Western countries like UK and USA where the cradle of democracy rock. Large amount of money has been invested in the Real Estae Market and the investors who have invested some years earlier have already earned their money back. The new investors join daily to the REM where opportunities assure their money back. The government have been introducing new laws to entice new investors regularly, and this fact entice investors from all over the world to boom its economy very fast since last four years into one of the world richest in no time. A new law which is No. 8 on Guarantee Accounts states that any body who buy an off plan
property can now make payment to escrow accounts managed by banks. Money will be released to developers stage by stage as construction works completed. This law also requires property developers to leave 10 per cent of the project value in the escrow account till one year after the completion of the project. Thereafter, all the purchases will be registered in the buyers name and new title deeds will be issued empowering the ownership of the said property. Free hold apartments in Dubai are great opportunities to
invest in. They are generally easier to obtain. Property buyers prefer apartments as they make less hassle and present wide range of options with a large amount of facilities. The most enticing examples of daring investments are Triump International Hotel and Tower on the Palm Jumeriah. The world famous property developer, Donald Trump invested on these schemes. He has already gained his money back. Dubai is ample with identical opportunities in REM where you can invest on land and resell the same keeping a huge profit. When an investor pay 10% of the value of land, he can even resell the entire property without any hassle or legal turbulance. Unlike earlier years, now banks such as HSBC morgage properties and issue revenues to develop properties to a stand where the developer can resell it keeping high profit on the property. The Real Estate Market prices fluctuate in some places while they decline in other places. Knowing the trend of the REM is the main key to invest in Dubai successfully. Owing a villa in a place like Nakheel Villas, Emirates Hills and Arabian Ranches which are under development is like a facing a surprise of hearing a knock on the front door asking to resell your property for a double amount of what you spent on buying the same. There are apartments on which you can invest without any doubt of regaining what you invest such as Marina, Ocean Heights and Princess Tower where one can invest on good apartment with ample facilities. An invester who wants to invest in a villa has to understand the market value of villas in Dubai. Places in Dubai Land, Al Kaheel, Victory Heights and other villa projects aim on Dubai high rollers who can afford large amount of money on such villas. But every one can''t afford a villar invest on villas that needed high amount of investment to steer up. But still there are villas in affordable prices. After buying a house an investor can turn it into a beatifiul villa with small additional investment and resell to a lower rate villa seeker in summer without any doubt of his money back. The Duabi Real estate Market is a great opportunity to invest as there is 100% assuarity of regaining the value plus profit over what you have invested. A great climate coupled with a low crime rate, political stability and world class leisure facilities make it so secure a place to invest as far as the World is concerned.