Thursday, February 12, 2009

Population Growth Shows Slack: Better Chance at UAE Properties for Investors

The statistics first: 

Compared to last January, this year is seeing population growth slashed by a half.

Compared to the number of visas issued last year (93,957) this year has witnessed a cut in numbers (88,423 issued this year). 

Logical inference: 

Less people are coming into Dubai to work, stay, etc., while more people are leaving the Emirate for home countries, greener pastures, etc. 

Is it time to get alarmed? Not really. 

At least not where Dubai real estate and investment matters. There are some great UAE properties for sale out there and if you have wizened up to the real estate situation, then you just might get lucky. 

SkyDome Properties for instance, has access to several Dubai and Abu Dhabi properties currently selling at discounted packages. The projects in Dubai Land, Business Bay, Dubai Marina and Jumeirah Beach are some of the UAE residential properties on sale. 

Our Dubai property investment company suggests homeowners and investors alike think hard about purchasing property during the current economic scenario. Given Dubai’s penchant for rebuilding and reinventing itself, you could never know when the tide turns and changes property investment in Dubai for the better. 

As a homeowner/investor, would you consider buying/investing in a Dubai apartment for sale now or later when you are more certain of the market? Send in your comments and suggestions to SkyDome Properties.

Photo Credit: Tom@HK 

Tuesday, February 10, 2009

Transportation Updates for Dubai & Abu Dhabi Properties Holders


The state of traffic in Dubai is undoubtedly one of the primary concerns voiced by those intending to buy properties in Abu Dhabi and Dubai for the first time or settle in a locality different from their current one. In this regard, the RTA (Roads and Transport Authority) is working very hard to ease the situation. 

Recently, nineteen double-decker buses were introduced on the Dubai roads and the number is expected to increase to seventy before the year is out. In comparison to privately owned cars and taxicabs, modes of transport like buses are definitely the better option for those who commute regularly. 

If you plan to purchase any investment property in Dubai, bus routes that offer convenient transport could be one of the factors to take into consideration for fixing on the locality you would like to live in. 

The ‘Pink’ bus is another heavily anticipated travel option in Dubai. Meant for female commuters, this effort to ease travelling comfortably for women is viewed as something of a sequel to the earlier launch of the Pink taxi. 

Similarly, for those evaluating UAE properties for sale in Abu Dhabi it would be good to know about the fifteen percent drop in fatalities and injuries due to road accidents in the city. Compared to Dubai, the UAE capital is much less crowded and also presents a good number of Abu Dhabi properties for sale. 

Make a studied decision of the locality you would like to settle down in before you go ahead with your decision to buy properties in Dubai. The time you take is well worth the decision you make.

Photo Credit: iboy_daniel 

Friday, February 6, 2009

UAE Properties Developers Finally Making the Going Easier on Buyers

For those contemplating a Dubai property investment the times are fair indeed, but spare a thought for what the property developers and construction houses are facing and it is a sobering trip to reality. Regardless, Deyaar one of Dubai’s primary real estate developers has found a balance. 

In a first of its kind move in the Dubai real estate investment business, a property developer has curtailed development and eliminated projects after selling the units. A dual-benefit approach, Deyaar is offering its customers the option to switch the UAE properties they have already purchased with alternatives that suit their requirements. 

Of course, those buying properties in Dubai (for Deyaar projects) will have to choose from the options that are remaining after their project development slash. The crux of the matter is Deyaar has paved the way for other developers to follow suit and salvage something out of the losses that seem not so far away. 

What about those who have purchased UAE residential properties from Deyaar and cannot find a better alternative? 

SkyDome Properties advises these parties to make a studied choice of the rest of the UAE properties for sale market and then decide. Select Deyaar projects are even being offered at specially reduced rates to make things easier on the buyer. In such a light, is it wise to forgo all the financial benefits? 

If you cannot make up your mind, hire a consultant for property investment in Dubai. Look carefully at all the pros and cons he will be in a state to highlight and then go ahead with your decision to buy property in Dubai

Photo Credit: The Wandering Angel 

Tuesday, February 3, 2009

Does Your Dubai Apartment for Sale Have Good Nursery Space?

With Mothercare having made its long-awaited debut in Dubai with the largest international store at Dubai Mall, the city-state seems more serious about tiny tots. 

Can you say the same about the myriad UAE residential properties cropping up in the real estate listings though? 

For expatriates and couples coming to settle down in Dubai, this could be a special concern given how much they are used to apartments and villas with a dedicated nursery space for little ones. Even families looking for a good neighborhood to live in would want to buy property in Dubai that includes this element. 

So where do you begin looking? 

You could begin with UAE properties for sale along Dubai Waterfront. The residential floors at the Ferretti Tower hold some great views and neighborhood facilities that are child-friendly. 

Queue Point Liwan and The Light Commercial Tower in Dubai Land are two other lovely UAE residential properties you could enquire about with your real estate consultant. 

At SkyDome Properties, we can help you out with Dubai property investment options that include interior elements like nurseries, studies and libraries for children. It may be difficult finding UAE properties for sale that fit this description, but it is certainly not impossible. 

If you are serious about investment property in Dubai adjusted to create a space for young children and have the budget to see the purchase through, we suggest hiring property consultants to help you in your search. SkyDome Properties could even find properties that are in close proximity to schools and recreational amenities. 

Photo Credit:  jessicafm