The oncoming weeks are going to feel rather tumultuous for those in the higher echelons of the economic ranks. As the DTMC gears up to collect dollars, dinars and pounds from an eager-to-spend public during the Dubai Shopping Festival (DSF), the construction lords are doing all they can to accommodate the wary buyer.
Many U.A.E. commercial properties sellers view 2009 as a year of transition, with Dubai as well as Abu Dhabi properties lowering prices towards the end of the year, only to reach a stalemate before rising once more. This behavior is expected to last until 2011, giving those interested in buying properties in Dubai a fantastic opportunity to allocate funds for their real estate investment.
The Emirate is not overly worried about the financial state of the city-state, as tourism being one of the mainstays of the economy, can always be depended upon for a bailout. Tax-free shopping combined with a cluster of every brand worth having in your home makes for a heady attraction to the hordes of tourists travelling to Dubai in search retail nirvana.
Try scanning out the Dubai property investment market for deals that are better then what they were a few years ago. U.A.E. residential properties in the Rem Raam Phase in Dubai Land, villas in the Emirates Hills community for instance hold a lot of promise for property investment in Dubai.
Get hold of a U.A.E. properties consultant to help you out with price negotiation and neighborhood selection. Now is the best time to take advantage of the low U.A.E. properties for sale market. Investing wisely in commercial property in Dubai as well as in residential properties is a smart step to take.
Image Credit: Daquella manera
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