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

Dubai Relaxation Tip - Buy Properties In Dubai Near A Park

Pollution is not as much of a problem in Dubai as it is in most Asian countries, but the authorities are nonetheless making a colossal effort towards reducing it. 

To negate the forty-four tonne average per person emission (annually), many state-owned UAE properties companies are initiating environmentally friendly measures. Dubai Properties, for instance recently announced what is perhaps the grandest ecological project to be implemented by the Emirate, the Mohammed bin Rashid Gardens. 

The thirty seven billion pound garden complex will include financial, commercial and educational facilities coexisting with canals, ponds and parks that encourage and attract birds. Spread over an area of 20,250 acres, the complex sounds like a wonderful place for Dubai real estate investment. 

Late last year the Dubai Municipality’s Director of Planning promised plans of more then 70 parks and recreation spaces. While the work is slow, you can expect quite a lot near your favorite residential complex, easing up your decision to buy property in Dubai. 

If you are planning on buying properties in Dubai spaced near the eastern part of the city, you have Mushrif Park close by to take your tiny tot to. Lush lawns punctuated by fun sculptures of dinosaurs and colorful foliage make this a delightful place to settle near. 

With smoking banned in public spaces, UAE residential properties situated close to parks and other recreational areas are finding a greater impetus among families and non-smokers. So when planning to buy properties in Abu Dhabi or Dubai, make sure you engage a real estate consultant that is familiar with such localities.

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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.

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Real Estate Tribunal In Dubai - New U.A.E. Properties Development?

The Real Estate Regulatory Authority (Rera) of Dubai is redoubling its efforts to streamline the Dubai real estate investment sector. Predictions and Barack Obama’s winning strategies aside, 2009 seems like a good year for change in the U.A.E. real estate segment. 

Rental rates for instance, are required to be fair to renters as well as proprietors and Rera is doing all it can to establish this balance of prices. The chief of the Rera even went as far as stating that rent caps are unnecessary for this year. 

On the Dubai property investment front, Rera enforced an order that prohibits developers and banks from accepting more than 20 percent of the payment from parties who want to buy property in Dubai earlier in the month. This has come as a welcome step for many interested in buying properties in Abu Dhabi as well as Dubai. 

While a Property Court and Real Estate Development Trust Account Department has already been up and running, Rera plans to introduce a property agents committee, developers committee and an evaluators committee. 

The body is leaving no stone unturned where construction and property investment in Dubai is involved. A website for registration of tenancy contracts too has been set up, to ensure proper monitoring of the various property deals. In light of all these reforms, a real estate tribunal for the city-state does not seem far behind. 

Get in touch with established consultants for buying properties in Dubai as they can help you out with the legalese known to accompany property deals. The professional help can aid you greatly as you wait for the reforms to take shape. 

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New Options For Commercial Property In Dubai

Dubai loves sports as much as it does building new towers and impossible skyscrapers, witness the Dubai Sports City. Entirely dedicated to sports, games and entertainment, this is one commercial property in Dubai that retailers definitely cannot miss out on.

While international brands are expected to set up shop in the various avenues weaving thorugh Sports City, there are sporting brands stepping in to begin various sports academies and training grounds. Another commercial property worth making a Dubai real estate investment in is The Sevens- the new home of the Emirates Airlines Rugby Sevens.

Rugby fans appreciate the new venue, which boasts of ample parking and an excellent pitch and think it is definite step better than the previous establishment.

The demand for U.A.E. commercial properties is, if anything increasing and at SkyDome Properties we are well aware of the retailer’s need for premier retail space at an un-exorbitant rate.

 Take the new expansion plans for the Dubai Airport Free Zone area, where six new buildings are expected to develop before the year ends. Home to 1,500 multinational companies, the Dubai Airport Free Zone has good retail potential; something those interested in buying properties in Dubai will appreciate.

Get in touch with SkyDome Properties to know the Dubai property investment options you have for your retail space. We can help you out with scanning and analyzing the Dubai real estate market and finding the right space for your retail area. 

Unusual U.A.E. Properties & Unlikelier Dubai Residents

Dubai is truly terra extraordinaire. If there is anything that has to be yet attempted by a person living in Dubai then it is because someone has to still think of something novel.

Babu Sassi calls a crane cab on the tallest skyscraper on the planet home. It is definitely a most unusual Dubai property investment for a person to make. The South Indian construction worker says it is just too much trouble to travel all the way down after a hard day’s work and hence prefers the little cabin.

The rate for U.A.E. properties for sale at the Burj Dubai currently range from 2,145,244 to 4,226,755. Compared with Mr. Sassi’s ‘property’ price, it is definitely an up-gradation in both U.A.E. residential properties and their prices.

However, while Mr. Sassi owns an unusual home, there are even more unusual occupants you can come across in the Emirate. We are talking about the dolphins occupying the massive aquarium at the Atlantis Hotel in Palm Jumeirah. Twenty four of the mammals are currently in residence at The Atlantis much to the delight of the hotel residents.

If you are interested in buying properties in Dubai and would like to settle for more sedate options though, try SkyDome Properties. Browse through an extensive and well priced database of commercial property in Dubai or look through the U.A.E. residential properties on offer. We can help you make the right choice and live in much better locations.

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.

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Concrete In The Limelight At The Big 5 – Good For Property Investment in Dubai

The 5-day long exhibition held at the Dubai International Convention and Exhibition Centre termed The Big 5 ends tomorrow, but not without an unusual commodity preening for all its worth before the doors shut.

Concrete, a construction necessity in the tower-loving Emirate, now has new ways in which it can be replaced, aesthetically enhanced or reinforced. Chemicals experts LANXESS for instance, have focused on colored concrete, which they claim is perfect for use in the property investment in Dubai sector- one that is very high on aesthetic elements.

Liquid Sand Slab is another product set to displace (possibly) concrete altogether. Marketed by German-based company DSI Arteon, this special chemical solution can solidify sand and make it as strong as concrete. The resulting material can even withstand the strain of an airport runway within 24-hours of spraying the chemical on sand or even gravel.

The plus point of this product undoubtedly lies in its cost- lesser than concrete production and procurement. Ultimately, use of a product like the Liquid Sand Slab could reflect on U.A.E. properties prices, which would no doubt reduce.

American company Efficient Building Systems structural concrete forms are yet another offering set on revolutionizing concrete use. The nature of these forms renders wait time for the concrete-curing process unnecessary.

For those interested in buying properties in Dubai, such developments for a building element as vital as concrete can prove to be great for a better property deal. Less time, resources and money for production translates to less expensively priced buildings.

Get to know from SkyDome Properties how you can get the best out of your investment.

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