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Dubai properties are buzzing headlines with their extraordinary growth and impressive architectural infrastructures. The extent of the growth that the city has achieved so far has received an overwhelming response from people from all over the world. The awesome changes in the Dubai real estate have inspired other sectors to excel and grow at a faster rate. In addition, evolving constructions and property details are creating a positive vibes into the international real estate, inviting interested investors to get the real worth of their investment. Reasonably, Dubai is a complete place to put money into.

Looking at the mesmerizing achievements, one can not forget mentioning Burj Dubai. Being the world’s tallest buildings, the tower is expected to be completed in 2008. Besides this, the city is the home of many world-class hotels and accommodation facilities. With their excellent features and friendly service, hotel chains at Dubai are acclaiming international recognition and tourists admirable as well.

Dubai properties: attracting wealth

Seeing a tremendous increase and growth possibilities, Dubai Properties has become the number one choice of interested investors who believe putting their money in real estate sector. Earlier, people used to invest their accumulated capital in the growing areas like New York, Paris, Las Vegas or London. But, after the glimpse of significant architectural milestones, investors are turning towards Dubai real estate to get manifold yields on their investment. One of the most stunning features of investing in Dubai is the convenient pricing. Unlike other real estate destinations, property prices are quite affordable and do not involve much legal hassles due to sales, personal and property tax haven. Any interested party can engage a local property dealer and end up buying a convenient property in considerable short span of time. Also, you can choose a preferable property from a wide choice of apartments, condos, villas and freehold property.

Overseas property is becoming an increasingly popular investment choice, but buying investment property abroad can be a real challenge. When it comes to buying in emerging markets the challenge can often be compounded due to a lack of available information. This article can help you to obtain the latest and correct information and advice that is needed when buying overseas property.

If you are looking to make some real estate investments you might want to look into purchasing Dubai property. However make sure that you do not make a decision that you’ll regret later. Many people make rushed decisions, not taking enough precautions or not investigating fully other alternatives, disadvantages or pitfalls.

Look carefully which advantages and disadvantages Dubai property investment has.

1. Advantages of Investment in Dubai Property:

â?¢ 365 days of sunshine a year.

â?¢ World Class Sporting Events.

â?¢ Worldâ??s only 7* Hotel.

â?¢ Dubai land.

â?¢ Regional base for multinational companies.

â?¢ More than US $50 Billion to be invested by 2010.

â?¢ Tax-Free Lifestyle.

â?¢ Duty Free Shopping.

â?¢ 15 Free-Zones.

â?¢ The supply of Dubai property is not keeping up with demand.

â?¢ Booming Dubai property market in this cosmopolitan city ensures Dubai is one of the most important real estate hubs in the world.

â?¢ Record low interest rates and dismal stock markets are goods news for realtors; the Dubai Government is behind the real estate boom, and has secondary motives such as attracting wealthy immigrants to the city. As a results villas and apartments are being sold very cheaply.

â?¢ One way to judge if real estate is cheap is to look at the yield or rental return. In this city a basic yield of 10% on residential Dubai property compares with a 6.5% local mortgage rate. In London 3% to 4% would be considered a good yield today so 10% implies a considerable under valuation of property.

Disadvantages:

· Geopolitical tensions in the region (important factor but look at the advantages above)

· Research reports are saying supply will catch with the demand soon like in 2010.

Based on assumptions and one of the assumptions that I donâ??t agree with is that supply demand curves are based on 2.5 people per flat and I think it should be +4 people in a flat. Many people canâ??t afford to stay without sharing especially new comers who start with low salaryâ?¦ Anyway which means demand will be equal to the supply much sooner than 2010 lets say by end of 2008 which means you have to adjust your rental expectations by as much as 20% more flats to rent less people to rent them only cheaper ones will go.

· Prices might correct a little bit anytime soon lets say by 20%max

· Severe weather conditions high salt content in groundwater sandy soil which makes most buildings require piles under foundations and they have a life span

· Many are afraid to cash in on Dubai property because they have watched real estate booms come and go in the United States and elsewhere, and the bubble always busts. However there is no indication that the bubble will bust and that Dubai property has been valued unfairly. The building of Dubai property is a priority of the emirates government, so the growing property values seem to have no limit.

After thorough research I can make conclusion that Dubai property has been and continues to be a hot topic among investors because there seems to be no limit as to what can be achieved from an architectural standpoint as well as how much one can profit from the real estate. Dubai and the UAE’s future is focused upon creating a business and tourism environment second to none which centers around incoming foreign investment from commercial institutions and individual investors.

At present Dubai is one of the famous cities in the world. For its continuous booming at different parts such as tourism industry and Dubai Property industry, Dubai has become the center of attraction for millions of people and businessmen around the world. Now Dubai is moving away from its traditional oil reliance to a more balanced one based on tourism and services. Therefore, the economy of Dubai has grown with more and more tourist regions coming up to meet this aim.

There are several reasons why you should consider Dubai for your real estate investment. In fact Dubai properties are today’s hot selling properties in the international real estate market. Investment in apartments, offices or villas in Dubai can be the most important milestone in life.

Buy, sell or rent, you can do anything you desire and in each case you can expect a quick return of your investment. Actually Dubai is now a service center and a financial service hub for the foreigners. The number of foreigners is increasing day by day in Dubai. They are gathering there to work with a high pay and tax-free status. The standard rental amount of properties in Dubai is now typical. At present the single apartments are providing the best facilities in terms of rental. The foreigners who work in Dubai are single individuals. And so this would be a great real estate investment offer for you.

There are now lots of attractions that are built in Dubai and this would result in an increase in tourist visitors in Dubai. If you can manage a property in some famous places like Jumeirah Village, Dubai Sports City and Jumeirah Lake, The Burj Dubai etc. then you have a good opportunity that you will be able to rent out your property to people going there on holiday.

Moreover, when you consider the cost of Dubai property with the other famous places such as London property, New York property etc, you will find that the prices are comparatively low but the quality is equal. But it is hoped that the prices of real estate investment in Dubai will be set to fly within the next few years.

Dubai has become an attractive place for big investment, because investing in Dubai is surprisingly easy with smallest administration. The country wants private investment and to increase its population. Political stability and low crime are also the attractive features of Dubai. International visitors feel safe and the presence of heavily armed police and army is not present in Dubai.

In fine, it can be said that Dubai represents one of the rising markets and it will be absolutely safe as well as profitable to invest in Dubai real estate now.

Dubai and Dubai Property
Of the many major areas of the world, there is something unique about the Emirate of Dubai and about Dubai property. An area of outstanding natural beauty intertwined with the most modern of architecture and buildings, and steeped in the most historical of traditions. The Emirate of Dubai is part of the United Arab Emirates and is seen by many as the doorway between East and West, an area where there are so many contrasts and contradictions, and where land and Dubai property is cheaper than many areas of London.
Having established itself as the trading capital of the area, Dubai has recently been branching out into tourism and is attracting a great deal of interest from the more technology based blue chip companies of the world. The city has so much to offer that it is difficult to know where to begin, with deserts surrounding the outskirts of the great city, to the mountains in the east, yet the central area is awash with the most up to date hospitals, schools and office buildings you could ever wish to see. This is an area where the ultra rich are only a stones throw from desperate poverty, where the most traditional of Islam cultures mix with the western world.
The city offers a corridor to the Indian subcontinent and access to a population of over 1 billion people, in a land which is crying out for investment and assistance. For many years there has been a constant flow of development, with oil money being a major supporter of the area. The recent rise in the oil price has released yet further capital and demand for property has remained consistently high. While property prices remain so competitive compared to the rest of the world, the strategic position of Dubai ensures that yet more foreign investment will pour into the city in due course.
Property in Dubai
Unlike many areas in the region the government of Dubai continue to act with, as oppose to against, the mountain of private foreign capital flowing into the state and directly into property in Dubai. This has resulted in many changes to local Dubai laws, many of which were designed to restrict foreign investment, and foreign ownership of property in Dubai. The government decided some years ago to abolish personal, corporate and sales taxes which is a major attraction to foreign investors, and foreign workers. This resulted in a mass of British specialists moving to the area for employment, hence a large presence of ex-patriots.
This in turn caused a boom in the Dubai property market, which had already been buoyant for some time. The boom was further encouraged by some of the most state- of-the-art infrastructure and facilities spread across the mass that is Dubai. For many they are experiencing a standard of living unsurpassed anywhere else in the world, a place where money is free flowing and employment opportunities are many.
Using the most modern of engineering and design techniques available, great swathes of the surrounding desert have been reclaimed and some of the World’s highest skyscrapers surround the outskirts of the city. There has been particular interest in property in Dubai from British expatriates, Saudi Arabians and Indians, which has ensured a level of interest unrivalled anywhere in the world.
In contrast to the surrounding states and countries, Dubai has one of the most stable of political and economic environments, in an area often blighted by conflict and controversy. This has encouraged more investors into the area, although the possibility of obtaining a valuable 10 – 15 year visa when purchasing a property is a further attraction. The great western tradition of mortgage finance has also entered the Dubai way of life, with 10 – 15 year mortgages now readily available.
The current stability of Dubai is further strengthened by close links with the US, in fact the Dubai currency is linked to US interest rates which have been at record low levels for some time. The above factors all come together to paint a very rosy picture for the area, and property prices are set to move further ahead for the foreseeable future.
Dubai Investment Property
While the city of Dubai is awash with some of the richest individuals and corporations in the world, the price of Dubai Investment property has remained surprisingly low. Compared to investment property prices in areas such as London, Dubai offers great value for money with investment property, as the main city continues to grow and grow. The infrastructure of the area leaves many other major cities of the world in its wake, with new developments and transport links appearing on a regular basis. With the Dubai government willing to invest so much of the local money in to services and infrastructure it is not surprising to see overseas investors follow suit into the Dubai investment property market.
The tax laws in Dubai are in stark contrast to the major cities of the world, with no local, corporate of sales tax. This has encouraged some of the highest standard skilled workers to the area, which has attracted yet more foreign companies to set up. The growth in the tourism industry of Dubai has been phenomenal with the 3.4 million visitors in 2001 expected to rise to over 6 million in 2010 – from a standing start the area is becoming a magnet for overseas visitors.
The current rate of return on property investments is in the region of 10 – 15 percent per annum, with this rate expected to continue for the foreseeable future, and rental yields in excess of 10% are further evidence of strength in the property market.
The Future for Dubai properties
Dubai is a city which continues to embrace some of the traditional values of the west, while retaining the fundamentals of an Islamic state, which has helped integrate the various groups of the Dubai society. Strong links with the US have proved useful in the past in times of potential conflict, which is another attraction for investors to purchase Dubai properties.
As the economy continues to prosper, and the unique tax laws continue to attract the best of the skilled worker from around the world, the demand for property and further investment in the area is assured. Dubai is a fairly unique situation which while expanding aggressively, still manages to retain a property supply and demand ratio in favour of demand, thus ensuring a buoyant market for Dubai properties.
A growing economy, low interest rates and a stable government offer the perfect scenario for further economic growth. Dubai is a truly unique area of the World, which continues to prosper.

Investing in property in Dubai is the smart and obvious choice, especially following on from the passing of Law Number 7 that allows for the ‘foreign freehold ownership of property’ in certain designated areas in Dubai.
However, there still remains an underlying factor which may seriously reduce the allure of Dubai: the rate at which inflation continues to grow and the cost of living ever on the increase.
An example of this inconsistency in inflation rates and sheer immense expense of cost of living in Dubai is apparent when one takes a look a the cost of privately educating a child – in the UK it’ll set you back upwards of GBP 46,000 annually but in Dubai you can almost double that figure which inadvertently makes it even more expensive to live in Dubai than in London! A fact which quite honestly baffles the mind.
When looked at in a positive light, inflation can be regarded as a sign that the economy in Dubai is strong enough and healthy enough to cope with price increases which may directly affect the property market, leaving many experts with the assumption that Dubai’s property sector will indeed be able to withstand a further boom in price increases.
The negative spin on inflation however, is that by reducing the amount of disposable income inhabitants of Dubai have monthly, proportionately, this affects the amount people can and will be able to afford to pay for accommodation and eroding the tax free living attraction of the emirate altogether.
With so much uncertainty and acute division of view in Dubai’s real estate sector, there is a definite clouding surrounding the property investment market in Dubai.
The question remains, is Dubai’s real estate market on the brink of a notable rise in fortunes or is Dubai precariously on the threshold of a monumental collapse?
On the one spectrum is the viewpoint that the passing of Law Number 7 by His Highness Sheikh Mohammad Bin Rashid Al Maktoum will result in an upsurge in Dubai’s property market profit margins.
On closer inspection of the desirability of Dubai’s property market, one can easily determine whether or not Dubai’s intrigue to international investors has faded, or not.
Dubai remains a tax free country, in which there is an overabundance of employment opportunities available to qualified international professionals.
Due to the fact that so many varying employment opportunities abound, salary packages and incentives on offer are usually very impressive, such that an expatriate can reside in Dubai and legitimately avoid having to pay the local government any personal taxes. This factor contributes to many internationals relocating to Dubai, as it remains a desirable place to live. Accordingly, this fact alone means that there is a constant demand for property in Dubai to buy and rent.
According to developers situated in Dubai, “There remains intense demand for completed property in Dubai which is why rental rate increases have been capped by the government. Previously the only way those moving to Dubai could find immediate housing solutions was to rent, and those investors with completed investment properties available for letting were increasing rents to astronomical heights which resulted in the government’s intervention.”
Dubai need to now develop and maintain a vigorous resale market, as those individuals that relocate to live and work in Dubai should have the ability to purchase property, or at least have the choice between renting and buying a completed home, which if implemented effectively should remove the need to cap rental rate increases thus bringing in more economic flow to the real estate market in Dubai.
As a direct result of the fact that many investors who bought off plan properties in Dubai are expected to take up residence in their completed units upon completion, there will be less demand for either rental accommodation or even resale property.
Could this then be the fuel behind the recent upsurge of developers now offering incredible incentives to those who agree to purchase unsold off plan properties?
There have been reports of some developers offering potential purchasers luxury cars and other incentives if they commit to purchasing new waves of off plan properties that can have up to a 3 year build period…is this because they are finding it hard to shift their stock, or is this because the desire to own property in Dubai has only increased in insurmountable proportions. Seems like only time will tell, but one thing is for sure: International interest Dubai has certainly NOT diminished.

‘Buying property in Dubai’ has been one of the frequently discussed topics, especially among groups actively analysing various regions for overseas property investments. In fact, on various occasions, the discussions have been transformed into heated debates, with the participants quite adamant on establishing their opinion on the subject. Well, if you have been a witness or involved in such events and come away feeling confused about whether buying property in Dubai is for you, then this article could assist you in making up your mind.

Buying property in Dubai, as an overseas investment avenue, is quite an interesting proposition.

The property market has grown at a phenomenal pace thus pumping up the rents and prices, and demand continues to grow. Investors from all over the world are closely analysing the region to look for the next property to invest in.

Property investments in Dubai

In an attempt to understand the supply movement in Dubai’s property market, let’s begin by identifying the plus factors offered by the region, for those contemplating investment.

Dubai is a rich nation and there isn’t any income or personal tax to be concerned about (hurrah!). The government has invested heavily in the infrastructure, and the Dubai landscape resembles an American city due to all the glass and concrete building. The tallest skyscrapers and the largest projects, like the Burj Dubai, are currently the identification marks of the city. This present scenario, more or less, is the realised output of Sheikh Mohammed Rashid Al-Maktoum (Dubai’s ruler). Dubai has four ports; the largest port is at Jebel Ali, the world’s largest artificial harbour created over 20 years ago, and is one of the world’s busiest ports for container shipping.

When buying property in Dubai, the property market is quite tempting in terms of prices and prospects. This includes the construction market, which is moving at a commendable pace to quickly create grander structures than the already applauded; and they easily qualify on the quality parameter. In fact Dubai’s Emaar Properties is, by now, working towards the construction of even grander structures, to further lure the interested. Foreign ownership of property is a recently introduced concept, which highlights the positive political framework in this direction. Tax advantages are explicit, which further strengthen the reason for buying property in Dubai.

To encapsulate the scenario, it can be stated that the Dubai property market’s expansion drive is comparatively young, but owing to the rapid pace of developments the market has matured a little earlier than expected, thus perhaps raising concerns. However, indications of further stabilisation are apparent.  

Despite the boom, buying property in Dubai is still cheaper than various other commercial cities of interest. For comparable constructions in Dubai and London, the difference could be 4 times the base price. The tax advantages are also superior in contrast to various other overseas property investment options. According to recent research, the British own more property in Dubai than any other foreign nationality. One of the reasons Brits are heading for Dubai is because they can earn more income. A ‘Wealth Ranking Survey’ by NatWest International showed that expats can earn up to 40% more on average than their peers in Britain.

Dubai is expected to grow as a tourist attraction, as well as being the preferred business destination, while other countries present negligible scope in that direction. Dubai regions / projects, which are worth checking into include: Dubailand; The Burj Dubai Complex; Dubai Marina; Dubai Waterfront; Business Bay, etc. In conclusion, if you’re looking for an investment, buying a property in Dubai could be exactly what you need.