U.A.E. Commercial Properties Update: The Queen Has Set The Flag Aflutter

The Queen has arrived, and the U.A.E. national flag has replaced the British Union Jack- just in time for U.A.E. National Day!

Luxury ocean liner the Queen Elizabeth 2 is undoubtedly a celebrity in old-world shipping circles. Dubai, in keeping with its penchant for flamboyance simply had to acquire the Grande Dame for its shores. What resulted was a deal between Istithma and Cunard, with £50 million filling the latter’s coffers and the liner gracing Dubai’s seas.

Once the luxury liner is renovated and deemed ready for business, investors in commercial property in Dubai can expect their registers to ring with joy. After all, eleven luxury boutiques including a Harrods branch made up the shopping arcade of the QE2 during its 39-year- long career.

Given Dubai’s love for shopping, it won’t be hard to imagine the shopping arcade of the freshly renovated ship, which will then be known as a 7-star hotel. Manfred Ursprunger, the CEO for QE2 Enterprises- a project completely dedicated to the refurbishment of the ship said, “We think that the ship still has another 50 years to go.”

The developers have their sights on retail, residence, entertainment and hotel development and hope to make the QE2 a destination for tourists and residents alike. Its address is going to be at the Palm Jumeirah island.

Do you think U.A.E. commercial properties on board the QE2 will be great for your business? SkyDome Properties can help you out in this area as well as with U.A.E. residential properties on the new QE2.

Image Courtesy: Flickr

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