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 

Choose the Right Shades for Your New Residential Abu Dhabi Properties

Professionals in color application, Pantone recently announced the Color of the Year for 2009- Mimosa. The cheery yellow color brings bold back and bids a sweet adieu to shades of white and pastels that held so much sway last year. 

Vibrant hues for the house may be just the thing to use now that times are getting so tough for so many of us here in Dubai. Think stunning reds, majestic blues and dazzling greens for the walls, and you just might have interiors that leave the talking to the walls for once. 

This house on My Home Ideas makes use of a lovely red to bring out the personality of the room and invites a second look. Similarly, you could dress up the walls of your Dubai property investment with shades like a royal inky blue or even sunset orange. 

One thing you need to avoid or at least check that your interior decorator avoids is mixing bold paints with too many trinkets and accents in a particular room. No matter how spacious your room is or how much natural light is streaming into it, you will be left with walls that are too in your face. 

One good trick decorators use and homeowners can try out is including mood lighting or lamps that are in tune with the theme of the room. 

Owners of UAE residential properties usually spend a lot on the purchase of the house. The result is a smaller budget for decorating and furnishing. Try to gauge the overall costs of the property you want to purchase with your real estate consultant, so that you are left with a balanced view of what is required and what can be left for later.

Photo Credit: pyrator

Watching Dubai Property Investment Grow & Slacken

The President and Vice President of the UAE are doing all they can to alleviate the housing situation in Gaza, desperate as it is, with a pledge to construct 600 housing units in the country. There are a lot more instances like this to accentuate the efforts the UAE is making for the Palestinians. 

In Dubai property and investment, the situation is just the opposite. Of course, the city is not exactly in the grip of conditions of war, but conditions might as well be as dire. 

Real estate developers are being asked to slow on property construction progress as the Emirate records its very first deficit. From the thirteen percent per annum growth Dubai used to record, there is a markable lowering observed- one predicted to last until 2015. 

Already, UAE properties like the Dubai Waterfront and Palm Jebel Ali are moving at a slower pace. Real estate consultants advise investors and buyers to check out for similar behavior among their investments. Commercial property in Dubai especially, is an area that investors need to be wary regarding. 

Hiring the services of a real estate consultant who understands the market intimately is a necessity in these times of decline. When you decide to select a particular location, make sure you or your organization have identified all the opportunities and options available. 

It does not matter if the construction projects are being undertaken by established names in the housing construction business, UAE commercial properties all over are affected. 

Get to know how you can benefit from Dubai real estate investment during this phase in the market. Visit SkyDome Properties for analytical help and services.

Image Credit: roger jones 

When Real Estate & Shopping Collide In Dubai

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

Expat Update: Buy Property in Dubai With Better Financial Means

With nationals comprising only 20 percent of its population, Dubai is as cosmopolitan a city as it could possibly get. The expatriates and tourists that make up the rest of the numbers include nationals from every part of the world. 

Hence, the Dubai government can in no way ignore this section of the populace, one that contributes so much to the treasury of the Emirate. Among and besides the myriad aids forwarded towards the expat population where Dubai property investment is concerned, is help with the rental structure and procedures. 

Similarly, the part-time work scheme currently in its planning stages with the Dubai Executive Council seems shaped to provide the foreign residents with more such help. A one-year experiment, this plan is currently gauging the requirements of the Dubai nationals. 

For those individuals unable to work full-time for any reason whatsoever, this scheme will prove very useful. It will also allow full-time workers to continue work as part-time workers if they so wish. The main idea is to maximize the potential of every worker and encourages productivity. 

The best part about working as an expat in Dubai is the array of options available for living. From entertainment options like Ski Dubai (the world’s only largest indoor ski resort) and innumerable cinema halls, to world-class cuisine and education, expatriates often marvel at the urbanity of life in Dubai. 

As an expat, if you are interested in renting or buying property in Dubai, then make a safe decision and hire the services of professional realty consultants. Adjusting to a new country can be difficult and the language barriers can pose a sizeable problem as well. 

Contact SkyDome Properties for the most advantageous help and advice with living and buying properties in Dubai.

Image Credit: bryangeek 

U.A.E. Properties Go Green, Investors See Green

At the 14^th annual energy conference at the Emirates Centre for Strategic Studies and Researches in Dubai, Dr. Mohammed Gargash- the Foreign Affairs Minister of State stated that 40 MW of energy would be required to satisfy the U.A.E.’s local needs by 2020. 

Nuclear energy is just one of the solutions proposed to fulfill this demand.

The government, thankfully, is thinking of more alternatives towards curtailing its carbon emissions, one of them being in the U.A.E. properties development sector.

From the seven Emirates, U.A.E. properties for sale in Sharjah are the first to consider implementing green elements. By 2009, rules pertaining to water conservation and management, use of eco-friendly building materials and solar energy generation should take root in the U.A.E. properties sector.

Most residential and commercial property in Dubai consume nearly 70 percent of power. If the Dubai government too considers using environmentally friendlier construction methods and materials, then this level could see a significant reduction.

There are already scattered commercial and U.A.E. residential properties in Dubai making an honest attempt. The Traffic and Patrol Department in the Ministry of Interior’s attempts at controlling traffic congestion and curtailing accidents is viewed as a complementing contribution that would benefit Dubai’s green efforts in the long run.

It remains to be seen whether U.A.E. commercial properties in areas like Dubai, Abu Dhabi, Ras al Khaimah and the like follow Sharjah’s lead and embrace green development. Buying properties in Dubai will no doubt be a more attractive proposition for real estate investors and buyers.

Waterfront U.A.E. Residential Properties – Flavor Du Jour

The recently held Urban Waterfronts Conference 2008 in Dubai highlighted a few key points in the waterfront property investment area. According to reports presented at the conference, waterfront properties all over the world are going to surpass $500 billion in a short span of five years.

For Dubai, this is good news thanks to its extended shorelines along the Palm Islands and the Dubai Creek.

The Dubai Waterfront project however, is the icing on the cake for waterfront property investment in Dubai. This piece of real estate will add another 820 kilometers to Dubai’s coastline making it almost 12 times the current length.

The Waterfront project is very close to Palm Jebel Ali and there is excellent regard for a Dubai real estate investment in this area among investors. Besides this project, the U.A.E. commercial properties as well as residential properties in areas like Business Bay and Dubai Marina present some excellent waterfront views for occupants.

Building complexes with canal views like the ones offered in Jumeirah Lake Towers and in Dubai Sports City are counted among some of the more desired real estate pockets in the city as well.

Regardless of the housing and commercial property requirements you wish to look at, SkyDome Properties can help you with a range of options that allow you to enjoy the waterfront property of your choice to the fullest.

Of course, it is understood that the recreational and leisure options these properties offer are myriad and add their own charm to living. You could buy a property in Dubai with its very own private pier or you could even buy properties in Abu Dhabi that come with their own private beach.

Image Courtesy: Flickr

Real Estate Investment In Dubai For Expatriates

In 2006, statistics revealed a surge in Dubai's population from 1.130 million to 1.422 million. This feat took barely a year to achieve- notwithstanding the number of tourists who visited the country.

In 2007, there was a total population of 4.48 million people noted in Dubai with expatriates numbering a whopping 3.62 million.

The numbers speak volumes for the expatriate population currently residing in Dubai. Engaged in everything from construction to banking and menial labor, the expatriate community in Dubai is a growing one and very lately, thriving as well.

The lure of high salaries and world-class amenities are perhaps some of the major attractions for this section leading them to purchase U.A.E. residential properties as well as commercial property in Dubai.

SkyDome Properties has noticed a demand for locations with villa projects like Al Reef Villas and the regional theme villas in Jumeirah Park. Exclusive addresses in Business Bay like Churchill Residency and Emirates Park Towers and even those in the recreation and sports-intensive Dubai Sports City find a mention in the skyscrapers favored by expatriates.

From the earlier economic boom in Dubai to the present stagnancy, expatriates are loathe to let go of the dream that is Dubai. At the rate at which the population is matching strides with the growing availability of property investment in Dubai, there will be no problem finding accommodation suited for any and every pocket.

Get in touch with SkyDome Properties for absolutely reasonable deals on investment property in Dubai.

Image courtesy: Flickr

Boom Times For People With Abu Dhabi Properties

All this talk about Dubai has detracted us from another equally (if not more) prosperous Emirate- Abu Dhabi. After Dubai, this city ranks as the most populous city in the U.A.E.

Quite naturally, given the similarities between the two Emirates, Abu Dhabi properties experience a high demand as well.

This predominantly island region is surrounded by the Persian Gulf on the north and the Sultanates of Saudi and Oman on the south and east respectively. With a 5.6 percent population growth rate, Abu Dhabi properties are being developed at a faster rate to accomodate the labor and the residents pouring into the city.

If you are looking to buy properties in Abu Dhabi, then this could be a great time to begin your U.A.E. properties investment.

According to the 12th annual World Wealth Report released a few days back by Merrill Lynch and Capgemini, the U.A.E.'s high net worth individuals (HNWI) escalated to 79,000 from 68,000 in 2007. In comparison, the average net worth for Abu Dhabi's citizens is an impressive US$ 17 million.

A number of ambitious projects are being undertaken and are currently in the works in Abu Dhabi, the New York State University being just one of them. Twenty nine percent of future GCC (Cooperation Council for the Arab States of the Gulf) plans are being jointly handled with major participation from Abu Dhabi as well.

You don't want to miss being a part of this wave of change. Buy a property in Abu Dhabi with analytic help from SkyDome Properties. We can help you with your U.A.E. properties investment.

Looking For A Dubai Apartment For Sale? Get Past The Hassles First

The villa eviction campaign is heating up and the Dubai real estate investment scenario looks grim from a lot of angles. However, according to U.A.E. properties analysts there is a distinct rise in demand for homes and plots projected in the near future.

The steep rise of Dubai apartment for sale prices has reached a high of 63 percent since last year as revealed by a recent survey by The National. This is however, offset by the rise of villa prices, which have increased to 76 percent.

Regardless of these Dubai property investment concerns, SkyDome Properties holds the key to an extensive portfolio of prime real estate in Dubai and elsewhere in the U.A.E. A Dubai apartment for sale listed with us is a property that is going to benefit your real estate portfolio significantly.

Projects like Bay Square and Hamilton Tower located in Business Bay, Sky Courts located in Dubai Land and the Downtown Jebel Ali areas are renowned for the easy accessibility they provide and the growth potential they present.

Most of these projects however, are yet to be completed and those interested in these U.A.E. properties for sale can build their finance portfolio by investing in these properties for the future. SkyDome Properties further list these exclusive Dubai apartments for sale as a tremendously lucrative investment potential.

Browse through our extensive database of Dubai apartments before you go ahead with buying properties in Dubai. Research wisely for a profitable investment.

For further information, visit SkyDome Properties.

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Green Living In Dubai At Luxurious SkyDome Properties

A growing trend that is fast becoming a fixture in various media and culture is eco-living or ‘going green’. Referring to a lifestyle that is as minimally damaging to the surrounding environment as it can get, green living is a fabulous option that many are embracing.

One of the foremost emulators of green living is the housing and interiors sectors, which have generated a massive demand for a life that is environmentally conscious. The West is not alone though; such a concept has gained momentum in implementation even in U.A.E. properties and real estate.

In fact, a priority subject that is going to be addressed at the International Standards Organization (ISO) meet in Dubai City in October is going to be the effect of the U.A.E. construction business on the environment and ecology.

One of the existing measures for eco-friendly construction in Dubai however is a very important rating system known as Leadership in Energy and Environmental Design (LEED). Abu Dhabi properties are currently in the process of implementing such a building code.

The Mirdif City Center (a shopping center in Uptown Dubai) is presently the first shopping destination in Dubai that will be following the green code. Numerous U.A.E. commercial properties and investment property in Dubai are expected to follow suit.

SkyDome Properties listings include Dubai real estate investment with illustrious developers like Emmar, Nakheel, Tameer, Damac and the Sanali Group.

To select a Dubai apartment for sale or an investment property in Dubai that is efficiently green, contact the SkyDome Properties office on Sheikh Zayed Road or else mail us.