Wednesday, May 20, 2009

Dubai Real Estate Investment Scenario

Dubai has become the largest real estate investment hub of the world. As a matter of fact, office space under construction in 2007 is the largest in Dubai than any other city of the world. This report was bought our by colliers international. If we consider the investment statistics for Dubai real estate market, nearly 43 million square feet of office space is under construction at present turning it into a prospective global commercial hub. If we co-relate the real estate area under construction in Dubai to that of basketball courts, it is the same as 9,000 basketball courts. This construction segment would easily exceed the pre-existing office space stock by more than 2.7 times, much more than that of Shanghai and Moscow.

Further, due to this sudden upsurge, Dubai real estate has also fallen short of the requirement for office space. This has affected upcoming business owners or companies to the extent that they are forced to make temporary arrangements in low-grade offices. Many others have established temporary offices in villas or hotels. This issue has recently been highlighted by the gulf news also.

Investment in Dubai real estate market has been on the rise since 2006. Not only for office spaces, but for other segments of real estate like hotels, houses, apartments, commercial as well as residential towers have all seen an upsurge in the past year.

However if we analyze the ratio of projects under-construction to projects which have been completed we would find a wide gap. What investors of real estate have to worry about is that most of the projects in Dubai are in construction phase. This means that although builders have secured the initial preliminary investment for these projects but certainty of a continued flow of money looms high. More over investment in the real estate segment of Dubai is simple a peck of a concern. Bigger worries come in when there is a shortage of skilled man power or any other government regulation which goes against the normal construction norms. There have been many cases of default in the real estate projects in past memories of which continue to worry the investors of present day.

The best part of the real estate sector however is that Dubai government norms welcome all expatriate investors with great incentives to invest. Further the real estate sector of Dubai is extremely dynamic in itself. There are amazing opportunities for investors with great availability of freehold properties, mortgage opportunities on real estate etc in loads. Further migration of skilled labor from neighboring countries has added a good deal of re-assurance to the investors in Dubai.

Also, there are a number of projects whether residential or commercial which their real estate investors can look into. Now it is on the investors of real estate in Dubai to decide the best project for their investment.

Al Dana II - Dubai Real Estate Properties Investment

The 10-stories high Al Dana II project is one of the most spectacular residential properties in the real estate market of Dubai. The project comprises of a ground level and ten deluxe residential floors. The ground level has eight commercial chambers and twelve residential apartments. The apartment building has a separate free car parking area, health gym and an attractive swimming pool. The interior of Al Dana II is brilliantly done with lavish furnishings and equipment. The residential compound is encircled by immaculate landscape gardening and surrounded by the multicultural communities of the International City's Complex.

The covered area of the project is about 33,076 square feet and it is just 8 minutes drive from the Dubai International Airport. The extensive residential complex of Al Dana II offers one and two bedroom super luxury apartments. Each floor has only 12 apartments and maximum space is made available for each residential unit.

Location

Al Dana II is located around the scenic International City of Dubai, one of the most influential cosmopolitan areas of the entire United Arab Emirates (near to Dubai International Airport, Dubai International Financial Center, Dubai Festival City and Dubailand). The project consists of a pre-designed compound that covers a huge area of 800 hectares.

Located in the heart of Dubai and accorded with matchless residential and business arenas, Al Dana II draws the attention of investors, agent and dealers worldwide. The Al Dana II city provides accommodation to over 60,000 residents making it one of the most prominent residencies in the real estate property market of Dubai.

Facilities at a Glance

Al Dana II provides an elegant lifestyle to its buyers with state-of-the-art leisure and recreational facilities. A few of the remarkable amenities of the Al Dana II project include:

- Gym and fitness centers

- Sauna & steam baths

- Beautiful swimming pools

- Granite and ceramic flooring and gypsum ceiling

- Auditory and thermal insulation

- Modern elevators

- Free parking area

- Conference room and club house facility

- High-toned interior

- Superbly furnished kitchen with high quality dishwasher, refrigerator and oven.

The payment terms for Al Dana II residential apartments are very affordable and convenient too. The prices for one bedroom apartments start from US$ 114,594 while the prices fro two bedroom apartments start from US$171,653. On booking, the customer is required to pay 15% of the total amount while 5% will be paid one month after the booking. After that, 10% is paid after every 3 months till the project is finished and upon completion the remaining 20% will be paid. To make payments easier, financing is also available that helps customer to secure an apartment in Al Dana II without much hassle.

Dubai Property Options

iPod style development - New development authority of Dubai has decided to build a structure that resembles an iPod Mp3 player. Known by the name of "The Pad Dubai", this building is located in Dubai Business Bay.

Omniyat properties of Dubai presented a model of this project, which has 230 apartments, at Dubai's International Property Show which was held from 3rd to 5th of April, 2007. These apartments will acquire Almasa Holdings which is a brand name in IT and Real Estate Markets, and is the parent name of Omniyat Properties. Authorities had decided that this building would include lofts, one and two- bedroom apartments and studio apartments. This is a 9 million AED property project and the minimum area available to the buyer is 581 sq.feet. According to property realtors in Dubai, 1 bed room set in these apartment will cost 362,372 US dollars, 2 bed room apartments will cost 901,158 US dollars, whereas studios will cost about 343,688 US dollars. Recently, similar 2 bedroom apartments in the Business Bay Area were sold for 550,000 US dollars by the Corporate Finance House.

Features of The Pad:

• The living rooms and dining rooms will be rotating 360 degrees so that one can admire the beauty of nearby water front and landscapes.

• Beautiful sights of the outer world can be enjoyed from the windows.

• Facility of video conferencing in the dining rooms.

• Lighting will adjust according to your mood and will respond to your telephone calls as well.

• Modern equipments provided for a healthy living.

The ultra modern style of room rotation is derived from Luigi Colani of Germany. In recent years, this method has been developed for aesthetic reasons rather than as a space saving device. The developer has planned to use rotating double beds in all apartments and make use of robotic features for robot vacuum cleaning.

There are many facilities listed for its residents which include parking spaces, retail areas, under water concert, Jacuzzi, aerobics section, basket ball court, etc.

Rotating tower for the first time in Dubai Property Market

For the first time in the history of Dubai real estate, rotating towers which resemble high skyscrapers have been introduced by the Dubai Property Ring. World Real Estate authority of Dubai had granted UK based developers to build 30 story rotating apartments. These apartments will require the power of 20 electric motors to rotate 360 degree in a week's time. Nick Cooper, a British engineer working with MG Bennet and Associate of Rotherham, has been employed for the project.

Mr. Cooper was involved with drilling tunnels between London and Paris that allowed a free passage of Eurostar trains under the English Channel. In 1966, a part of London's post office tower which was a restaurant, was made rotating. The idea of complete rotation of a building on its axis was really a novel one at that time. The British technology of rotation is being used after half a century on Arabic land. The rotating tower under construction in Dubai has a crescent moon lounge at its top. The future residents of this building can admire the scenic beauty of 23 rotating buildings which are to be built in future by Dubai Property Ring.

Tallest Building In The World - Burj Dubai

The tallest man made structure record was held by the CN Tower in Canada. However, that record has been broken by the Burj Dubai, a 555.3m building constructed by Emaar Properties, one of the leading property builders.

Currently the tallest building, the Burj Dubai, at 555.3m high, is one tall building that has a whopping one hundred and fifty stories. This building has left the others in the competition like the Taipei 101 in Taiwan and the record holder, CN Tower.

An elated Mohammed Ali Alabbar, the Chairman of the firm (Emaar Properties) that pulled off this amazing feat, was quoted saying that the making of this building was a result of more than 5000 people who were involved in the making of this project. He said that he saw this achievement as an assertion of the will power of the many people who dedicated their efforts towards the creation of this masterpiece. Making the tallest building in the world is not an easy thing to do, and it requires an immense amount of dedication and perseverance to transfer a dream into reality. The proud chairman claimed that this achievement bears testimony to the spirit of Dubai and is representative of the dauntless never die attitude of its people.

This building actually puts Dubai in the world map and when the building is completed in the next year, it will become one of the major attractions of the place.
The Downtown Burj Dubai project covers other aspects and will have everything from residences, offices, hospitality units and the biggest destination for shopaholics around the world - the Dubai Mall.
Investment Features

The Burj Dubai is all about thinking big and then transforming it into reality. The structure will have world class facilities for the residents. Those staying in Burj Dubai will get four swimming pools at their disposal, a cigar club, library and a world class gym.
Design and Construction

The styling and structuring of the Burj Dubai, done by Skidmore from Chicago, is a perfect merger of Islamic architectural traditions and modern styling. It looks very much a 21st century structure with an added feel of tradition.

The Burj Dubai represents the blend of East and West and it poses as a perfect destination for the investors who are interested in real estate. With the demands for a space in the Burj Dubai, it is fast becoming one of the hottest properties around.

If you can be part of the Burj Dubai, you will have access to almost all over the world and you will be where the world wants to be. With most of the attention of the real estate focused on it, the Burj Dubai is all set to become one of the most coveted properties in the world.

With all the good things, one must end with the good old saying in the world of real estate - the sky is the limit. And thus, even before the Burj Dubai has arrived, it has a competitor in Nakheel's Al Burj, a tower that promises to be the highest!

Dubai real estate regulatory body expanding into global advisory role

The Real Estate Regulatory Authority in Dubai is planning to expand and become an international real estate reference point with the acronym, Menares, it has been announced.

Menares - Middle East and North Africa Real Estate Society – said it will become part of several international property bodies. 'We are in the final stages of establishing Menares. We are aiming to build a professional real estate market and are serious about being first, globally,' said Mahmoud Al Burai, director of the real estate sector development department at Rera.

Rera recently became a member of five organisations responsible for regulating real estate affairs around the world. These include the International Real Estate Federation, the World Association of Valuation Organisation, the Royal Institute of Chartered Surveyors, the Asian Public Real Estate Association and the Urban Land Institute.

Al Burai said Rera's plans were in line with His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai's vision to become a leading, global Arab city.

Menares will be a reference body only, rather than a regulatory one, but Al Burai said the authority would be happy to assist any country in the region with their own property regulation framework.

'Everyone is looking at Dubai. Everyone is looking at Rera as the reference point,' Al Burai said.

The aim of Menares is to encourage real estate education, professionalism and real estate practices, he added. Exact details of the collaboration with the other organisations are still being discussed and will be announced soon.

Dubai's Commercial Property Sector - A Popular Pick

Dubai's commercial property is looked upon as a lucrative option in the business circuit the world over. It is noteworthy in this regard that a number of office buildings in the Dubai International Financial Centre have their initial value experiencing a growth spurt within three months' period! In another instance of the rising popularity of commercial property in Dubai, the rates of land in the Business Bay locality have seen a rise of about 40 percent.

When it comes to the rental market in the commercial property sector, Dubai is close on the heels of top 10 countries of the world. With an average office space rent at the rate of 329 AED per square foot, the figure continues to shoot up. Still one can witness the current demand-supply equation in the wider Dubai property market applies to office spaces as well. Demand continues to outstrip supply even while commercial property in Dubai is on its way to expansion.

Places like Discovery Gardens and Jumeirah Lake Towers have seen a delay in the delivery of units due to delays in water and electricity supply. The delay has further stretched the high rates for a still longer span of time. But the fact remains that once the supply resumes and there is delivery of office units all at one go, the price bubble of commercial property in Dubai will burst.

By that time, however, Dubai will have a host of world-class office spaces available at cheaper prices, which in turn will attract business houses from around the world to make Dubai part of their portfolios. Dubai is indeed going to be an international business and financial hub in the years to come.

Dubai's Real Estate Regulations - Trendsetter for Other Emirates

Real estate regulations in Dubai have been on the road to evolution for quite some time now. So much so that it now has a set regulatory framework for the property sector. This in turn is something exemplary when it comes to the real estate industry of the United Arab Emirates at large. It is expected that Abu Dhabi will soon come up with a body similar to Dubai's RERA (Real Estate Regulatory Agency) which in turn clearly indicates the success of the body.

The constant efforts of Dubai government's RERA and Land Department have helped in the building and sustenance of investor confidence. The coming months might witness the introduction of still more rules aimed at protecting customer interests. Law on common ownership is on the agenda of the government for quite some time now. It still remains to be seen whether Dubai leads Abu Dhabi in this or not. An important point to note, however, is that practically Dubai went on its property boom ride three years earlier than Abu Dhabi, which in turn saw its first property law on paper before Dubai!

Abu Dhabi laws on real estate registration (Law No. 3, 2005) and foreign ownership in designated areas (Law No. 19) have been phenomenal in the transformation of the property sector of the emirate. With the development of rules and regulations in line with the property sector of Dubai, things will take a turn for the better in Abu Dhabi and UAE at large.

Dubai is surely on the road to success in a big way and time will tell the same!

Property flipping in UAE and its consequences

Property flipping occurs when an investor purchase some property and immediately sell it to another buyer for profits. Technically the property owner just flips it over to the next buyer and secures profits. Fix and flip procedure is the same except that the investor will go through some basic construction or maintenance work, just to make it sellable or improve its price (adding no value).

Property flipping is also used for mortgage fraud (often with the help of property appraiser and buyer), which is illegal and unethical. Property flipping is a practice commonly observed in real estate investors at rapidly growing real estate markets. Where investors are keen to gain the maximum profits with the growth, this type of speculation based property flipping is bound to happen in thriving markets but things can get out of control if it goes unchecked for a long time. Abnormal hikes in real estate prices and increase in cost of living are associated with property flipping.

Property flipping differs from the usual real estate sales and purchase. Property flippers are essentially looking to resell the property as soon as possible, in case of fix and flip the maintenance work is also of a very basic or temporary level. They are looking to skip through all of renovation and paper work swiftly; main focus is on reselling as quickly as possible rather than adding value. Property flipping is like a fast-forwarded process of normal real estate buying and selling. It has been observed that if the property flipping is not controlled, all stakeholders will suffer including the buyer, lender, residents, government and the real estate market itself.

UAE real estate market is one of the most dynamic markets these days. The kind of growth it has witnessed in recent years has made it an ideal spot for those who rely on property flipping to make quick profits. Property flippers do not like uncertainty, and unlike other major real estate markets, Dubai and UAE real estate markets are not going through the normal uncertainty seen everywhere else. That is why; laws are now introduced to rein in the practice of property flipping in UAE to protect serious investors and developers. A new law in Dubai makes it a compulsion to register with the land department before the owner resells. The delay caused by this registration work will discourage the non-serious property flippers. Also, there are some tax charges that you must pay when flipping property in UAE.

Year 2008: A peep into the future of Dubai property prices

Before we look into Dubai real estate prices and try to draw conclusions on what we can expect in future. Let's have a look at some basic factors, which helps in assessment of property prices and real estate valuation. These factors are

1. Demand & Supply
2. Cost of building
3. Buyer's income
4. Cost of financing
5. Competition

Real estate prices are hugely affected by the principles of demand & supply. If the supply surpass demand, the prices will start going down, in other case where demand is higher than supply, we will see an upsurge in prices. Cost of financing comes next, in majority of mature real estate markets; most buyers rely on mortgage and other means of home finance to purchase a home or property. Rate of interest on these loans can influence the property prices. Same is the case with building materials and labor cost. Average income of potential buyers and competition can also have an impact on prices.

Coming back to Dubai, the property prices have been on a rising streak ever since the Dubai Government allowed the foreigners freehold ownership in some areas. The demand was much higher than what the existing developers were able to supply at that time. More and more expatriates meant a constant rise in rents that also fueled the property prices and they kept going up. Dubai and other estates enjoy a very good per capita income (thanks to all those petrodollars), plus Dubai had no immediate competition from neighbor estates in the beginning (Abu Dhabi, Ajman, etc have only recently started to offer an alternate to Dubai real estate), these factors combined with the hype some of the mega developments (Palm islands, Burj ul Arab and Dubai mall to name the few) got, helped the market to maintain the price increase all along those years. Prices not only increased, they actually doubled or tripled.

Things have started to change a little bit now, as more and more developers have entered in the market and lots of projects are now in completion phase, supply is quickly catching up with the demand. Expatriates are forced to find a residence outside Dubai because of some abnormal rises in rents. Ajman and Abu Dhabi are now offering the investors some equally profitable opportunities. Keeping all these factors and changing scenarios in mind, we can safely conclude; that while it will take some time before we see a drop in Dubai property prices, the rate of growth is about to slow down in coming years.

Dubai real estate becoming home to celebrities

Not that Dubai needs some celebrity endorsement to gain popularity; the "city of gold" is a star in itself. When a celebrity purchases some villa, island, or just put his/her name to some building, it's hard to determine who's being promoted? Dubai? The star? or both of them? Dubai has got a celebrity status, that is why celebrities are more than happy to attach their names with the developments going on, some have done it by purchasing a piece of property, others by giving their names to some development, while some are trying their luck in designing hotels or golf courses. Although, the property has got to deliver what it is supposed to deliver (yields on investments, luxurious lifestyle or world class business facilities), still nobody minds paying a little more when they know they will be getting a villa in the neighborhood of David Beckham or Brad Pitt.

Big names from Sports world:
Sheikh Mohammed bin Rashid Al Maktoum presented a whole island (in "The World") to Michael Schumacher at his retirement, probably one of the most expensive publicly known gifts to an individual in recent times. Schumacher involvement doesn’t end there; we have got a whole Michael Schumacher Business Avenue at Business Bay as well. Similarly Boris Becker has a 19-storey building named after him. ACI Real Estate recently launched "Boris Becker tower" in the same district. Talking of tennis celebrities, everybody knows the famous friendly match played between Roger Federer and Andre Agassi at the helipad of Burj Al Arab hotel. Then we have "Tiger Woods Dubai", a golf resort designed by non other than Tiger Woods himself. David Beckham represents the football stars at Dubai, who owns a luxurious Villa at Palm Jumeirah (though for the time being, his in-laws are more likely to occupy it).

Showbiz Biggies:
Dubai government is trying to make Dubai the prime destination for tourists, and what better way to attract people all around the world than bunching up some of the most famous showbiz names in Dubai, one way or another. Brad Pitt, Angelina Jolie, Hillary Swank, Kylie Minogue, Giorgio Armani, Carlos Santana, Shah Rukh; the names are big enough to pull crowds on their own. One of the hottest couple in Hollywood (at least among those, who are still together) Angelina Jolie and Brad Pitt have reportedly bought an island in "the world" Hillay Swank and Shah Rukh Khan are endorsing some property developments (While SRK owns an address in Palm Jumeriah as well). More than 2000 celebrities from all over the world flocked to Dubai for a grand opening ceremony of Hotel Atlantis, where Kylie Minogue and Michael Jackson performed.

With so many celebrities, VIPs and super starts showing up at Dubai, Dubai will soon become an ideal spot for investors, businessmen and tourists alike (oh and paparazzo’s as well).

UAE - An insight into one of the most developed economy

Whether we call it a recession or not, one thing is sure, we are going through a severe economic crisis, which will be discussed (once over) in the Economics syllabus and debates, in coming years. In this global economic crisis, where the likes of United Estates or European economies are feeling the heat, United Arab Emirates economy continues to head into positive direction. All the economic indicators and reports are also confirming to the fact that there will be no slowdown in near future. Let's have a look at this thriving economy and the contributing factors.

Oil & Gas reserves:
UAE has almost 10 percent of world’s oil (proven reserves), while the gas reserves amount to 4 percent of global reserves. According to UAE government portal, these reserves can last well over 150 years. Recently when soaring oil prices took a toll on all and sundry, this part of the world remained mostly unscathed. Among the seven estates, Abu Dhabi is the biggest producer, producing more than 80 percent of the total UAE oil and gas production. There’s hardly any chance that oil consumption and demand will go down in future, so the black gold will continue to fuel economic growth of UAE.

Construction & Real Estate:
Dubai has done remarkably well as far as real estate market is concerned. Grand projects like “The Palm”, “Burj ul Arab” or “The World” managed to draw investors from all over the world. Abu Dhabi and other estates are also working in this sector. The demand will be much stronger than the supply even after the completion of ongoing projects. Real estate investors are now much more interested in UAE real estate, after the credit crunch in US market, considering it a safer option than others.

High-Class Tourism Industry:
Biggest shopping mall, tallest building of the world, indoor ski resort, white beaches, deserts, man-made islands, some of the most luxurious hotels in the world, crime free environment, rich cultural heritage, international sports event, to sum up, UAE has got tourists attractions in abundance. Tourism industry contributes significantly in over all GDP of UAE and it will continue to do so in the coming years. Many development projects are in progress; world-class airports, bridges and other infrastructure programs are about to complete.

It’s not that UAE is somehow immune to whatever happens globally, but with ample oil reserves, strong real estate market, foreign investments and an exuberant tourism industry, UAE is better equipped to put up with such situations.

UAE real estate regulatory agency (RERA) - Purpose and Functions

Dubai government has been proactive from the day one in dealing with the problems related to real estate market; issues are seriously dealt with before any of them can damage the confidence of investors in Dubai real estate market. Since 1960 Dubai land department has been keeping an eye on all the real estate sales and purchase matters in Dubai. On 31st July 2007 RERA (Real Estate Regulatory Authority) was launched as an agency under the Dubai land department by his highness Sheikh Mohammed Bin Rashid Al-Maktoum, ruler of Dubai.

Although it was launched under Dubai land department, it is more of an autonomous body, with main objectives being monitoring and regulating Dubai real estate market. People tend to mix these two, though the objectives are same, RERA and Dubai land department differs in their priorities, functions and authorities.

Regulatory measures and standardization of the market:
Dubai attracts investors from all four corners of the earth; also there are expatriates coming from all over the world, then there are UAE locals and developers, all adding into the numbers of stakeholders in Dubai real estate market. Keeping in mind the countless developments, purchases, sales, rentals, investments and all sorts of transactions going around in Dubai, a highly efficient and focused regulatory body was needed to look into all of the problems arising from these transactions. RERA works towards managing Dubai real estate market in a way that guarantees the interest for all of the concerned parties.

Protecting investors through legislations and registrations:
RERA is working for the security of investors and transparency for all by registering real estate agents, developers, and brokers, etc with them, till date 823 developers, 1790 brokers and more than 950 projects are registered with RERA. Investors are advised to deal with these registered developers (RERA also manages developers trust accounts) and brokers with complete sense of security.

RERA and Dubai real estate:
Since its launch, RERA has been busy laying out rules and legislation for all sorts of agreements, contracting parties, licensing, compiling standard agreement forms for real estate transactions, keeping a check on all parties involved in Dubai real estate market including buyers, sellers, investors, advertisement agencies, agents, brokers and developers. The official website of RERA (www.rera.gov.ae) is a great source to get all the authentic information regarding Dubai real estate laws (many new laws have been introduced recently), code of ethics, news, list of approved developers, brokers, projects or trustees, research studies and survey reports. You can also sign up and submit your complains with them.

Abu Dhabi Real Estate - Can they catch up with Dubai

There's good news for the investors who thought they were a bit too late in entering Dubai real estate market. Another "Dubai" is in making and this time the stakes are even higher. So far, Abu Dhabi has been quietly observing the growth of Dubai in terms of real estate like a sleeping giant. Government of Abu Dhabi has now started to take initiatives towards Abu Dhabi's transformation into becoming or ever surpassing Dubai. Right now Abu Dhabi's real estate market has everything working in its favor.

Rising Economy:
The biggest Emirate by size, Abu Dhabi is one of the world richest cities in terms of Gross Domestic Product (GDP) and Per Capita Income. With crude oil & gas reserves projected to last another century, Abu Dhabi is the 4th largest supplier of oil. Also Abu Dhabi contribution to the United Arab Emirates economy is more than 60%. All of these indicators prove that Abu Dhabi’s economy can withstand the demands of upcoming boom in real estate industry.

Real Estate Projects:
Some major projects include Saadiyat Island, Yas Island, Al Raha Beach, New International Airport, Desert Towers, Khalifa City and much more. Some of these projects are really huge like Yas Island or Khalifa City. Over $450 billion worth of real estate development projects are planned for this year.

Investing Perspective:
Abu Dhabi holds many positives from investor’s point of view. According to the “Plan Abu Dhabi 2030” assessments, population will grow from less than one million to 3.1 million in 2030, while the number of tourists visiting Abu Dhabi will increase to 7.9 million from the present figure of 1.8 million. Population is largely made of expatriates, so the rents are increasing steadily. As HSBC research report shows, Abu Dhabi real estate prices have an approximate growth of 58%, compared to 37% growth in Dubai real estate prices.

Abu Dhabi government looks quite committed to diversify its economy; it’s only a matter of time before Abu Dhabi real estate market will reach the grandeur of Dubai real estate. Even after the present upsurge, the prices are still relatively low from international standard. News like “Abu Dhabi will be hosting the Formula 1 Grand Prix in 2009” show that Abu Dhabi is investing largely on its tourism sector as well. Investor who can invest and hold their funds for some time, Abu Dhabi real estate will surely bring them great yields in coming years.

Leading Developers in UAE Real Estate Industry

Real Estate Developer companies in United Arab Emirates are well known for their stunning innovations, ground breaking designs and swift completion of the projects. Credit goes to Nakheel, Emaar, Damac, etc for delivering projects like Palm Island, Business Bay, Dubailand or Burj-Ul-Arab. These developers have grown in tandem with Dubai real estate market. Some of these much admired developers operating in UAE markets are discussed below.

Al Nakheel Properties:
Nakheel Corporation is the most prominent developer in UAE. Their trademark work is the land reclamation projects they have carried so far. Palm Trilogy, The world or Dubai water fronts, each of them is a milestone, achieved by no other company as yet. Other notable properties include Jumeirah Lake Towers, The International City or Jumeirah Village. Nakheel's vision has provided Dubai with the much needed edge in design and structures over other parts of the world.

Emaar Properties:
Regarded as the largest real estate company of UAE, having projects like Burj Dubai (anticipated to be the tallest man made structure in world), Dubai Marina, "Emaar Misr" and "Emirates Livings" on their portfolio, "Emaar Properties" means business for sure. The company is just 11 years old and already aiming at becoming one of the most valuable companies by 2010. Apart from UAE, Emaar properties has extend their business to more than 30 countries all over the world including Saudi Arabia, Egypt, Morocco, India, Pakistan, Turkey, USA, Canada and United Kingdom.

Damac Properties:
Another big name, Damac properties won the title in five categories of CNBC Arabian Property Awards 2008. They have a long list of residential and commercial units on their credit such as ocean Heights, The Waves, Burjside Terrace, Business Square, Solitaire, Damac Heights, Business Heights and Park Towers, all situated at strategically selected exclusive locations. Damac Properties are also appraised for their great payment plans and investment offers.

Dubai Properties:
"Dubai properties" is the name behind projects like Jumeirah Beach Residence, Business Bay (accredited as the best master development in Arabian Property Award 2008), Culture Village, The Executive Towers and Mudon. This company is a member of Dubai Holding, which belongs to the government of Dubai. The company is now looking to extend themselves internationally.

Dheeraj & East Coast, Deyaar, Tameer, Diamond Investments, ETA Star Property and Vakson Freehold Properties are some other chief developers actively contributing in UAE real estate market, which continues to get bigger and better.

Dubai & Abu Dhabi Look Forward to Booming Real Estate

The property market market in the United Arab Emirates, one of the hottest in the world, is set to continue until 2015 and beyond, according to new reports. Real estate and construction markets in the UAE are primarily focused on Dubai, which has been booming for several years, and the newer market of Abu Dhabi.

Two recent studies by HSBC and Damac Capital International of Dubai both indicate that supply will not catch up to demand for a number of years, keeping the markets strong. Traditionally the most popular locations with second-home buyers and British investors are Spain and France but Dubai is beginning to rival them. Dubai investment property is attractive due to its tax-free status, excellent facilities and low crime rate.

International investors buying property in Dubai need to concentrate their search for properties in Dubai to the many Freehold Areas in Dubai.

Properties that are suitable for foreign buyers include the following freehold zones: Dubai Sports City , Dubai Marina, I.M.P.Z. International Media Production Zone , Jumeirah Village , The Palm Jumeirah, Shaikh Zayed Road, International City, The Lagoons, Palm Deira, Jebel Ali Airport, Emirates Road, Dubai Land ,Business Bay ,Downtown Dubai and much more

Recently Dubai developers have had to comply with a new piece of legislation Law No 8. This makes escrow accounts compulsory for all Dubai off-plan developments, with money released only on the order of the Dubai Land Department. This move marks an end to the days when any developer could launch a project and collect deposits without a guarantee that the funds would be used correctly. Many pundits feel that this could slow the Dubai market but increase confidence with investors

Middle East online news website Gulfnews.com reports that Dubai will continue to be a strong real estate market, while Abu Dhabi is set to take off. Rental yields in Abu Dhabi are expected to be in excess of 7% until at least 2013 and perhaps beyond.

According to Damac Capital's analysts Hany Seif and Pamela Chikhani, Dubai will remain a major Gulf real estate market for years to come. By some estimates, over the next 10 years both local and international real estate investors will pump in almost $300 billion into Dubai's real estate developments. According to HSBC's real estate analysts, Walid Khalfallah and Majid Azza, Abu Dhabi is becoming a major regional real estate market. "The Abu Dhabi story is gaining credibility. After a slow start to the year, sales activity has picked up in the second half of 2007. The market remains extremely tight, with stronger-than-expected growth in rents [22 per cent] and prices [18 per cent]," they said in a recent report.

Abu Dhabi does not have the liberal international property laws that neighboring Dubai has yet, but things are improving there. The office market is particularly strong and vacancy rates are below 1%. With increased deregulation, Abu Dhabi will continue to gain ground on its more prominent neighbor. Both should see strong growth in the coming years.

Setting Up a Business in Dubai

Starting a new business in Dubai or even moving a running business there from any other part of the world is not something that comes easy. Dubai is gradually freeing its economy from dependency on oil and focusing on services industry. That's why the city has kept a firm focus on establishing more and more businesses regardless of their type and size. In its effort to strengthen the emirate's business sector, international businesses have also been encouraged to move to the city. If you also want to establish a new business in Dubai, or move your running business to the city, there are many things you should consider.

The success of any business depends upon one crucial factor: location. No matter how well planned and managed, no business can flourish if it's not located at a commercially viable place. But acquisition of a suitably located commercial property in Dubai may prove to be a very hard nut to crack. Though there have been several commercial real estate developments in Dubai over the past few years, the supply still doesn't fully meet the increasing demand. So it becomes really hard to get a desired commercial property for sale or rent for the one wishing to establish a business in Dubai. But this problem can be solved if you have good contacts in the market and keep yourself in close touch with property classifieds. Doing this will inform you about the agents and individuals who sell commercial properties in Dubai.

The next big thing you require to start a business in Dubai is a sponsor who has to be a UAE national. This condition doesn't apply if you want to open a business in a freezone. But unfortunately, the free zone is no place for small businesses and if you've big plans ahead and can afford a commercial property in a free zone, that's the best location. Some of the commercial properties in Dubai that have seen the highest demand are office spaces, warehouses, labour houses and shopping centres, and the most preferred location for all these properties is a free zone. On other locations, you can't do without a sponsor. Suppose you want to start a food business and even buy restaurant in Dubai, you can't run it without partnering a UAE national.

After all is done, an office space in Dubai is something you need anyhow. You'll find hundreds of offices for sale in Dubai and you're free to make a choice. But here too you have to be careful about the location of the office which holds the key to your success. Once the business starts flourishing, depending upon its nature, you might need some additional space to store your increased inventory. For this, you can either buy a warehouse, or go for warehouse rental in Dubai. If your business is big in size, you may need a larger and better place to accommodate your employees for which you can either buy a labour house in Dubai or opt for rental.

More Dubai Commercial Property Reaches Completion at Jumeirah Lake Towers

Hot on the heals of the news that Cayan Business Centre is preparing for handover at TECOM, comes word from developers Reef Real Estate Investment that its recently completed commercial offering is now awaiting occupants for this stunning Dubai property project. As detailed before in previous blogs, Dubai is currently suffering from a large lack of ready and completed freehold commercial property and office space which companies can use for their Dubai operations. Many projects have met with delay, and numerous planned off plan property projects have been canceled due to lack of credit availability.

This combined with experts now reporting a very large switch in what type of property investors are seeking out is leading to increased demand and lowered supply in the marketplace. Short term speculative investors are now leaving the market with a much stronger interest from long term investors and end users. The results of this have seen ready completed and well located office space become even more highly sought after than previously.

Therefore completed freehold commercial Dubai properties coming to market at this time are much needed and as a result are highly sought in the Dubai real estate market, which makes the timing of Reef Commercial Tower's completion all the more better. Located at the already popular Jumeirah Lake Towers development, the G+32 tower will provide a good range of commercial space plus some other luxuries that would not be expected. Included in this is a luxury spa run by world renowned spa management specialists WTS International.

Reef Commercial Tower should go some way to easing the lack of supply currently being witnessed in the commercial sector, but the sooner other similar projects at the likes of Business Bay and Jumeirah Lake Towers come to completion, the better. One benefit of this lack of available completed office space is that, so far at least, commercial property has avoided the large price drops seen in residential freehold property, and this is set to continue throughout 2009 according to predictions. So those looking for freehold office space would do well to make the jump into a well situated property like Reef Commercial Tower or another similar JLT property as soon as possible.

Dangerous Professional Real Estate Advice to Tenants - Warning About Self-Dealing & Ineffectiveness

Real estate agents and agencies for decades have offered up their venerable tenant representation services by describing both their value as no conflict of interest and their summary of helpful services in the transaction. Yet just as the commercial real estate industry was thought to have turned the corner into 21st century expert professional representation skill, several current developments have proved that the more things change - the more things stay the same, and the more companies are exposed to harm and foul. This is particularly disappointing to this professional who has espoused (yelled about) the requirement to ratchet up professional and thorough representation; however having said that, this particularly reinforces the advice to seek out only those professionals who have achieved perfect skill in representing tenants.

In the Commercial section of the Realtor Magazine (May 2009) - The Business Tool for Real Estate Professionals - an article has been written for commercial agents providing professional advice on how to position agents in the present recession economy (2009). Principle among the advice is guiding agents to the prospect of landlords providing major rent concessions to entice tenants and offering side benefits such as increased real estate commissions, giving away free "SMART" cars to agents and to only focus on tenants who will do well in down economic times. Real estate companies now routinely offer much increased real estate commission percentages to real estate brokers to entice them to steer tenants to their buildings (versus other buildings who may be offering lower real estate fees.

In short, these situations should signal the mature commercial company that real estate agents, in addition to feeding into their own greed for higher fees and gifts, are being advised by professional organizations and reinforced by greedy landlords to ignore tenant's objective needs to, instead, fatten their own wallets.

The issue of real estate agents representing a tenant with no conflict of interest becomes dangerously limited in the face of this damaging, competitive landscape. When considering to show a tenant a building where the fee to the tenant representative is 2.5% versus a building offering 6% as an inducement, temptation can be too great to not show the building with the lower fee - or at least be less caring in evaluating it objectively for the tenant. Throw in a free car, or a free trip to Colorado, or a free cruise and it can be impossible to ensure the tenant's interest is being professionally maintained under the full force of the fiduciary laws governing buyer's and tenant's agency. What evil lurks in the hearts of men? Increased fees, trips, cars, cruises, that's what lurks!

In tenant representation, it is essential to have a firm, clear and written agreement with a tenant representative which specifically enumerates the fee to the tenant's agent at a fixed number. In this manner, the tenant can rest assured that the tenant will be alerted to the disclosure of such offers to brokers; and notify the client that the agent has declined the special inducements and thus kept the transaction completely unaffected by self-interest or self-serving actions (or convenient acts of omission).

Along these lines, the fixed fee to the agent also allows the tenant to qualify those landlords who will not pay a reasonable fee to the representative. If a landlord is unwilling to pay the professional representative a fee, then they should be disqualified (they will surely be just as miserly with the tenant improvements, operating expenses, snow removal, janitorial, etc). If they truly want the tenant, they'll come to their senses.

And continuing on with the tenant's concern of just what services the tenant representative is providing, these same articles clearly illustrate that they define the professional by the skill they have in poring over which rent concession pic-nic basket; saying nothing about the tenant's needs assessment, workplace efficiency, long-term financial risks, architectural and interiors needs, evaluation of each building's technical data, operating expense evaluation, construction cost containment, project and construction management, lease negotiation skill, move management and mastery-level skill at process management. Office leasing is not about three months free rent, or even six or 12 months free rent. My golden retriever Woody can deliver that result to any tenant. Tenant Representation is not about concessions at all. If that alone was the criteria, every tenant would simply hire The Sapranos to represent them. Only the Tenant Rep who can provide the sophisticated degree of services specifically to manage the whole process should be considered. The tenant also does not need the conflict of interest (or lack of focus) from those firms which also represent landlords, property management, industrial, retail, land, investors, portfolio managers, developers and real estate investment trusts.

Commercial Real Estate - The Right Business Get Up By Eliza Maledevic

Florida is a special place for those tourists and local individuals who want to experience a different kind of lifestyle. This place offers a different kind ambiance for those people who want to relax and feel comfortable. Florida is a place that is rich in beautiful spots and beaches. It is a perfect place for those beach lovers.

Aside from those scenic views it is also perfect for those people who want to try adventurous recreational activities. You can enjoy boating, dock to yacht and a lot more. Having a lot of these activities makes tourist to get attracted and visit the place for fun and excitement.

There are a lot of things to enjoy in Florida like those Florida commercial real estate. There are different commercial real estates that most people love to visit and have enjoyed. Now there are a lot of shopping malls to cater the needs of shoppers. Aside from this, the place offer Open air commercial center that can provide convenience and ambiance for a lot of people.

And because of this, the sale of Florida commercial real estate continues to increase and gives a lot of opportunity. Most of the time entrepreneur takes advantage of the situation in Florida by starting their own business. This is the common mentality of people because they foresee great earnings with this Florida commercial real estate.

So if you are one of those individuals who want to have great earnings, you can put up your own business in Florida. But before entering to this venture you have to must have specific plans on what you need to do. First of all you have to determine first what business that you are planning to put up. This will be your basis on what type of Florida commercial real estate that you need for your business. The next thing is to determine the location for your business. Actually there are heaps of commercial spaces that you can choose from, you just have to determine your needs and for sure you will have the right one.

Whatever part of Florida that you prefer, for sure you will have great earnings. And once you invest with the Florida commercial real estate you will not regret even a penny that you invested because this will have a good return for you. So start investing now and you will never go wrong.

Monday, April 27, 2009

Models Dubai

A word of attention for those wishing to begin a career of modeling
in one of the richest Emirates of the world, Dubai, is certainly necessary. There are many honourable agencies and much exceptional careers
spokesperson, footbridge, physical shape and models of waiting of car. The models extend from the babies to the young men and the women who attend launchings of product, exposures of car, exposures, excursions of mobile, commercial exposures commercial, inaugurations, promotions of nightclub, after events of part, promotions of detail and email, social type and sportsman various events and even taking away of product. Some are connected to the agencies and the others function freelance, but there are swindles outside there for which should be observed and avoided.

If you are a model looking at to enter the industry of the mode of Dubai it there has nothing more attaching that being known as that you will see definite. You could have been anywhere approximate and to be even given a professional calling card of visit to contact the person in question for an appointment. Your spirit starts to wander, money of visualization, travels international, superb model statute and even the total charm of him all. However, majority of the models of class of the world, even with Dubai, walk in agencies and commandeered seldom in the airports, the clubs, the stores of shop or the emails.

Even if you assist with go and it seems to be a normal office of modeling with other models and perhaps even actors awaiting their meetings, you discover suddenly that the promise of the world of the stars is in fact a sales promotion to force you to pay your manner of the growths of photograph, tests of screen, lessons temporary or even of the lessons of modeling. The act is obvious.

These artists of swindle are as much a problem in Dubai for models of Dubai as they are for international talents, and they aim no matter whom, young person or old. Is reality what they indicate to you that and what really they mean is two different things. They want your money and will stop with nothing convincing you to give it to them.

When they want models they sign just no matter whom for a commission. If they ask a deposit then the rules for refundings are so strict that it is practically impossible to recover it. Their special selection process and so-called expert evaluations means that they accept no matter whom. They can even offer to leave you work in addition to fees if you cannot allow them, but they will require the payments independently of, whether you work or not. They will certainly claim that their incomes come from the customers of mode when in fact they come to steal your money.

When you find a company legitimate in Dubai or anywhere, you must present photographs of the made up and principal projectiles yourself -, all professionally made. You will have to approach the agencies directly and the evaluation is not easy or simple because they will represent your talent with the customers. The schools of modeling, however, teach you simply the art of modeling.

Recall you to always employ an agent which allows you freedom to employ the multiple photographers. Check the references and always avoid the agents which require the money in advance. Modeling in Dubai can become a dream come true in the paradise or an experiment of disaster, is thus wise.

Tips to Get Your Dream Home in Mexico

Why not Mexico? If you think of sure and of the blocked options of investment of real estate independently of the United States, then Mexico the choice of the number one. One of the factors which make in Mexico a sure destination for the investment is conditions of market which are very different from the United States. The other factor is proximity of Mexico it 's with the United States, this proximity facilitates it to visit and consequently study the property. The place is a hot favourite among many people because maintaining a million citizens of the USA are the residents of this beautiful tropical country. And according to the well placed experts as regards real sector, Mexico is supposed to have a market of real estate bursting now.

Maintaining approximately a million citizens of the USA independently of much of Canadians and Europeans are the residents of this tropical country. And it is believed that at the next years the market of real estate in Mexico will increase considerably. But, before you think of spending your money in Mexican real estate, you must follow some important ends on the way in which to invest in Mexico.

The first thing that you must make is to inspect the place of the property. It would be recommended to remain, if you can control little days of your occupied program. For example, if him 's Cancun, then give certain an hour and control if the place is suitable and comfortable for you. Check if the place adapts to your and your family 'lifestyle of S. In fact, should visit to you the place not only in the season but also during the moment when the step of the tourists is considerably less.

If the house that you envisage to buy is an old building, then it would be good to consult the third, in order to know that you do not pay more. Study a little more. Ask around, consult your quite informed friends and people and judge if the property is worth the asking price. For investors of first time, they can gain much people who already invested in the country concerning of the problems of real estate. Research on the Internet also makes a good option, before you think to invest on properties of real estate in Mexico.

And in conclusion, the opinion of expert is required. The investment in a different country can unload you in some difficulties, thus, somebody who is well tested by facing the Mexican government organizations is requested. And you must put at zero downwards on a person or a company which will help you in subjects of real estate because there is much which can mislay you and consequently can cause not called for the trouble. Nowadays, much of companies and well-known concessions of real investment opened their office in Mexico, therefore it should not be too difficult to find an agent qualified and worthy of confidence.

Buying a Property in the Caribbean Islands

Purchase of a property in the islands of the Caribbean be a dream come true for whoever. Climate-wise, it is strengthened because the climate is tropical. The Northwesterly winds in winter maintain the air delicious hot. The hot and moist commercial winds blow constantly. The life in the islands of the Caribbean would be a good to subject to a constraint-type as well. The step of the life is easy to live with a good number of vague beachcomber and music. 7000 islands compose the archipelago of the islands of the Caribbean. The islands supports the various ecosystems, which are classified by Conservation International as extremely important sectors of biodiversity.

In order to decide on which island you would like that lives, it would be that you make a complete control. To finish by knowing the people, the culture, the standards, history, and the local laws will help you to make a decision with the current. There are many merchants of the Caribbean of property of real estate which will be only too ready to help. Take guard, although, of the shameless retailer. Choose an real estate agent among those which have properties, or which attached upwards with realizers to give you good sales offer.

Take care you to obtain all information concerning the property which you chose. Visit the property as often as you can. This will enable you to see it in various lights at various hours of the day. A house has its own character, and it is important to include/understand that. It appears differently at various hours, and if you become with the current of all these differences, you will be able to obtain the majority out of the house. If you look at a building with the idea of the work from there, naturally, the parameters will be different. Even if you buy the house or build it like investment, it must be something with which you like and can be proud have. The next stage would be when you look in criticism the house. Employ the assistance of an expert. He will give you a critical evaluation of your house. It is very important, because very often, gloss of merchants of property above the straws. For example, return the account which the islands fall into the belt from hurricane, and thus your house should be able to resist strong gusts and winds, and the strong rain. Once you combine above all this checking, go by your instincts about the way in which you feel really, this will help you to make the final decision.

Naturally, your property will be prone to some laws of property govern this sector. Since these islands were colonized in the past, some of them continue to remain colonies of the European nations, or the dependent territories related to plain appeases, whereas only 3 of the islands are Sovereign states. The laws thus will be different in various sectors, thus you would make well to discover about this. There are specific laws governing the purchases and the sale of the property of the Caribbean of real estate by foreigners. It is an exit which should be released in order to avoid future legal problems. An agent, naturally, would be most qualified to handle this. Since the grounds of purchase or a construction in the Caribbean one would require large amounts of money, an important thing which must obtain made in the process of purchase is to see that all papers of the salesman are in the order and that he is the legal owner of his ground. Read all the fine copy before you make your final decision. After the purchase, take care that the document showing that the property was transferred to you is recorded and recorded. All the details mentioned are important if you buy your property completely, or if you buy it in the installments.

Forget the Stock Market, Invest in Mexico Real Estate

If you the 'VE had enough the volatile stockmarket, you must put your money in the real estate of the sea front Mexicans. This property is proof of recession and proof of inflation, because of the place and the popularity of Mexico like destination of holidays. You can easily buy a house on the coast of Mexico and to carry out a better investment by renting it outside with the tourists than you could guarantee manufacture at the stockmarket. That 's the difference between these two investments. When you invest in Mexican real estate, you 'about carrying out a stable investment
. The investment at the stockmarket, in any case, is more related to play it far Vegas without recreation and excitation.

God only made the Mexican coastal property so much. You must benefit from his availability and seize it upwards front it 's very gone. With perspicacity Texas, us the 'VE obtained the best prices on an investment in the paradise, and we can take care of much the work occupied for you. You known as just us what you 'about research, and us will leave and find it. There we put the 'stop of T, however. We will also check the markets and will offer information to you on the prices of hiring in the sector, the statute of the market, and anything else of which you have need to know the place that you choose to buy on the Mexican of the sea front.

Why would you like to invest on a market impersonal and invisible which is more risk than the reward when you can invest in the normal beauty of Mexican sea front and be guaranteed to obtain a return on your beautiful investment? It seems just reasonable to invest in Mexican real estate, and when you done them with perspicacity Texas that we can the low provide you prices on the properties of investment and all the best services than you would wait of a professional company like ours.

The US economy could not be too hot in this moment, but the second home is always a sure investment. Particularly in the countries like Mexico, where the beautiful towns of tourists of the sea front abound, and there is something for Juste approximately each one. If you 'about the patient to await the economy with the rebound, and need a place to invest your money which you can count above, check the real estate of the sea front Mexicans today. You can find the large houses, strange houses, and right about anything else your desires of heart, and all at Grands Prix when you let to us find them for you.

I appreciate you as a customer and a friend. I appreciate your businesses, your fidelity, confidence and your references. It is my goal to provide the best legal consultant, council and to maintain possible with your needs for real estate. If I can never be of assistance to you, a relative, a friend or a colleague please put 't hesitate to call me. I await with interest the occasion to be useful to you

Why Buying Dubai Properties Is A Good Investment

Currently Dubai east one of the famous cities in the world. For her grondement continuous with various parts such as the industry of tourism and the industry of property of Dubai, Dubai became the center of attraction for million people and business men around the world. Now Dubai moves away from her traditional oil confidence to more balanced based on tourism and the services. Consequently, the economy of Dubai developed with more and more areas of tourists being raised to achieve this goal.

There are several reasons for which should consider to you Dubai for your investment of real estate
. In fact the properties of Dubai are today 'the hot properties of sale of S on the international market of real estate. The investment in apartments, offices or villas in Dubai can be the most important big step in the life.

Purchase, sale or rent, you can do something which you wish and in each case you can expect a rapid return of your investment. In fact Dubai is now a center of service and a hub of finance department for the foreigners. The number from abroad increases day after day in Dubai. They meet there to work with high wages and a statute free from tax. The quantity of standard hiring of properties in Dubai is now typical. Currently the simple apartments provide the best equipment in terms of hiring. The foreigners who work in Dubai are the simple individuals. And thus it would be a great offer of investment of real estate for you.

There is now a good number of attractions which are established in Dubai and this would have like consequence an increase in the visitors of tourists in Dubai. If you can control a property in certain famous places like the village of Jumeirah, Dubai fol�tre the city and lake Jumeirah, Burj Dubai etc then you have an good occasion which you will be able to rent outside your property with people going there on holiday.

Property etc, you besides, when you consider the cost of the property of Dubai with the other famous places such as the property of London, of New York will note that the prices are comparatively low but quality is equal. But it is hoped it that the prices of the investment of real estate in Dubai will be fixed to fly to the next years.

Dubai became an attractive place for the great investment, because the investment in Dubai is astonishing easy with the smallest administration. The country wants the private sector investment and to increase its population. Political stability and the low crime are also the attractive devices of Dubai. The international visitors feel that in safety and the presence of the police force and the army strongly armed is not present at Dubai.

In the fine, it can say that Dubai represents one of the bull markets and it will be absolutely sure like advantageous investing in real estate of Dubai now.

Top Reasons to buy Dubai Palm Marina Residences

If you are on research a residential house the place you must consider is marina of palm of Dubai. The marina of palm of Dubai east one of the largest and most exactly envisaged synthetic ports in the world. It is easily comparable with the most exclusive developments of property of port anywhere in the world. It is completely single and this city-in-a-city suggests its residents a stimulating and sophisticated lifestyle of an urban city.

The marina of palm of Dubai ensures the purchasers whom they can meet here to appreciate the life at the edge completely. The marina of palm of Dubai offers the scrapers of sky which comprise the architectural design of the very last thing, the assemblies superlative and exceptional approvals to you. All these residential towers have astonishing sights of the marina with the island of Jumeirah of palm and the Arab Gulf.

Residences of marina of the marina of palm of Dubai east one of the famous residential zones located at the center of the Jumeirah palm. It offers to the residents experiments of a marina and sights world-class of island through the edge of the sea of Persian Gulf and Dubai. The residences of marina presents a choice of two and the apartments to three rooms with sights of dazzling of marina of palm of Dubai.

Residences of marina is structured of six residential towers. Each turn in residences of marina is the stage 15 top. At the entry of each building 1 6 is the marina of anchor. There are 940 apartments and apartments terraces in residences of marina. It presents two and apartments to three rooms. The apartments of residences of marina comprise the exceptional provisions with the nice balconies which offer sights of wearing of Gulf.

The residences of marina have also the following equipment to offer.


* The residences of marina provides you 11 large apartments in each floor.

* You can appreciate the access of Internet at high speed in the residences of marina.

* In residences of marina you will obtain divided applications of kitchen.

* Residences of marina was built in a traditional model. Thus it is completely different from other residences in Dubai. And this is why it can be a perfect choice for all the purchasers.

* Quality covers tiles another device of the residences of marina. Each purchaser must appreciate it when it will buy a residence.

* The sinks of stainless steel is a rare quality of the residences of marina.

* In residences of marina you can find the rooms to lay down principal structural timber floors.

* You can also obtain the stone tops of vanity in residences of marina.


Independently of this equipment purchaser can also obtain full tiles of wall of size, switches and left quality, gymnastics, jacuzzi, swimming pool, playing field of children, equipment five stars of yacht on the marina of anchor, underground access to the centers of luxury etc of detail.

The residences of marina to the Jumeirah palm is beyond doubt, of a demonstration of flutter to the will and vision of the people of Dubai. This sector developed in a strongly popular and valid real allotment. Because of its balance, beauty and innovation fines, the residences of marina to the Jumeirah palm caught the imagination of the million from abroad. The residences of marina is sure to be a personal legacy in the generations to come.

Thus consider these lucrative devices of the residences of marina of the Jumeirah palm if you will buy a residential house in Dubai.

Tips For Investing In Dubai Real Estate Property

The market of real estate of Dubai, one of the markets of real estate more to rapid growth in the world shows the investors who want a rapid return of investment. It particularly attracts the young people who want to fix their future by the investment at Dubai. But like any other investment; the investment in Dubai also has some possible risks. But in this case, a well projected approach can ensure the safety of your investment.

What follows are some effective ends for the sure investment and risk-free in Dubai.

Selection of the good place

The first and first thing are the choice of the good place. By choosing a suitable place you can ensure your fast returns of hiring. Thus, before making the final decision made an outline of the true request for hiring in your selected sector. It will help you to avoid the potential loss. While investing in the property should never not allow you your emotions about the number and of the figures. Always try to have the best.

Treat the tested and authorized agent

Because you are new at the place you will consult with the real estate agents or the consultants as regards property. A good broker or adviser will provide you valid information and will help you to explore all your options before the purchase on the market of real estate of Dubai. But always the test to find the agents recorded and the consultants out of matter described as property allowed by ground department of Dubai. Statistics proved that approximately 4210 agents not - authorized function in Dubai.

Financial insurance

The realizer that you will work with should have a good reputation as well as full financial aid. If your realizer falls to the financial problems in the central alley from the project you can record a great loss. Ask your realizer the comments preceding customers and also consider construction carried out preceding by the realizer.

Treat it like businesses of businesses

You should strongly pay attention about your businesses of businesses. All the details of your investment including/understanding of the bank transactions, maintenance, of the contracts and the discs of department of ground, invoices and receipts should be controlled and recorded exactly and without fault. By paying attention you will be able to avoid risks as well as pssible the losses finanacial.

Responsibility

Before the investment, check the discs please and discover if the development has the frozen account with an official banker in Dubai. The investments on the market of field of Dubai are more or less blocked. D�veloppementales activities in Dubai are ordered by the principal realizers like Emaar, possession of Dubai and Nakheel, which in their turn are supported by government. It is a primary education support of safeguard against the misdeeds for which the government of Dubai published the frozen account towards the end of 2007.

Justify the market

Before you invest know interest rates (fixed or fluctuating), like they including/understanding penalty clauses and general and administration expenses vary from farm at the company. Check the latter completion thus.

Thus, you see that the investment on the market of real estate of Dubai is very advantageous if you can handle very legitimates. The effectiveness of your decision will depend of how much experiment you have on the market, anywhere you buy and how much information on the market you have in advance with research.

Friday, April 17, 2009

Upswing in real estate is likely to continue.(San Diego, California)

Local real estate and construction executives see a slightly better year ahead, and at least one academic observer agrees.

In the past two years, San Diego County has come out of a market tailspin that started in 1990 and saw property values decline as much as 30 percent. But 1998 was not such a year, and 1999 looks like it will also see higher rents and real estate prices, say local real estate and construction executives surveyed in the Ninth Annual Deloitte & Touche/San Diego Business Journal Economic Outlook Survey.

Some parts of the local real estate economy will do ...

AFIRE survey: NYC ranked #2 among foreign investors.(survey by Association of Foreign Investors in Real Estate)

Despite the city's financial woes, increasing taxes, and high vacancy rate, New York was named the second-preferred city, after Washington, D.C. for foreign investors' real estate dollars according to the results of a survey released today by the Association of Foreign Investors in Real Estate (AFIRE).

Following New York were Los Angeles, Chicago, and San Francisco. The 11th annual survey was conducted by Kingsley Associates among members of the Association of Foreign Investors in Real Estate (AFIRE) who collectively have more than $226 billion invested globally including $70 ...

Commercial real estate broker chicago

While the purchase or the lease of the commercial real estate Chicago, it is required to apprehend the ramification to adopt a specific rented agreement. By the investment in commercial real estate of Chicago, the companies also obtain a certain percentage of tax exemption. It is an important reason behind the strong demand of the commercial real estate of Chicago.

Chicago based the commercial real estate agents helps much and makes the real estate buying or selling more convenient. The whole businesses of Chicago real estate are supervised and ordered by department of Chicago of the organizations of standardization. Through various states of the United States >, the sector of real estate and the associated businesses are regulated by the laws of the federal government. The state-authorized real estate agents are dependent to function according to the directives worked by the Division of the real estate.

There are various suppliers of commercial real estate through Chicago which with the good reputation, it is the best to choose a skilful commercial real estate agent. It is also an good idea to consult an agent who is experiment concerning the law of real estate.

Few common terminologies related to the commercial real estate are as follows:


  • Broker: The brokers are agents gather the salesmen and the purchasers of commercial real estate. It is advisable to seek the assistance of the brokers authorized by state
  • Evaluation: It is basically a report/ratio, conceived by an state-authorized professional; the report/ratio accentuates the precise figures about the value of real estate. These reports/ratios are essential in the event of transfer of the property of 'property of S
  • Concessions: The concessions are discounts or allowances provided by the salesman or the owner of a property, concessions are usually given in order to improves it space.
  • Build-with-costume: It is a process by which the owner improves spaces on the basis of the tenant of the 'directives and characteristic of S. G�n�ralement the build-with-costume are usually for ten years and more
  • THE CAHT: the system of Heating-ventilation-air-treatment, owners of the commercial real estate are usually responsible for the CAHT
  • Bond: A legal request, deposited against a property so payment of the debt
  • Lease: The lease is agreements among the owner and the tenant for a specific tenure
  • Sub-renting: It is a lease given by a tenant for certain rented property

  • Operation of transfer-lease of sale: Sale: the operation of transfer-lease is an obligatory transaction required for the salesman of commercial real estate
  • The entities or the individuals who sell the real estate in the United States > are known as real estate agents. The real estate agents and truths real estate agents of Chicago work with par to provide the real estate to the intending purchasers of real estate. These brokers communicate initially with the salesmen of real estate and sell then the properties keeping the trace with market rate. While functioning as broker of the commercial real estate, they help

    purchasers by helping them to buy the competitive price of properties at most. It is advisable to seek the assistance of the real estate agents because these brokers have a clear perspicacity about the suitable terms and general terms.

    Like other states of the USA, one requires it to have a licence to be a commercial real estate agent. Commercial real estate agents of Chicago can be classified in following classifications:

    Arranges limited or duelle

    Brokers of transaction

    The various kinds of contracts of list which reign between the salesman of real estate and the purchaser of real estate like are mentioned below:

  • Exclusive right be sold

  • Open the list

  • Exclusive agency
  • After the broker finds a purchaser for commercial real estate, an real estate agent receives the commission on the real estate.

    The services which the commercial real estate agent of Chicago like are mentioned below:

    Exposure helping to a purchase

    Analyzes markets comparative

    Assistance to a sale

    Preparation of the contracts and the beams

    Achieve the residential evaluation

    Kits of sale at the house

    Preparation of documents of FSBO (on sale by Owner)

    Hiring for fees or a percentage of the gross amount of lease

    Management of property

    Exchange property

    Bidding of property

    Publicity departments

    Multiple service of inscription

    Preparation of the writings necessary

    Time consultation for fees, based on the customer requirements

    It is the era of the globalisation; the markets of real estate acquired an international dimension. There are an abundance of the online news and articles which can be of immense assistance. The principal commercial real estate agents of Chicago offer gates Internet interactives and with some clicks of a mouse it is possible to obtain information on the commercial real estate S of Chicago. In the event of all the doubts, attach the researchers of commercial real estate of Chicago can communicate with truths real estate agents by the electronic mail. Email are answered as soon as possible. It is advisable to have a consultation with the people who bought already or the commercial real estate rented Chicago. It is also possible to punch in the numbers in free service call of care of customer to act one on the other with the executives of care of customer. Especially, individual-research about the commercial real estate agents of Chicago can be of immense assistance.

    Commercial Real Estate California Company

    The commercial real estate becomes not only mainly known in the places like Atlanta and Chicago but the commercial real estate also reached the territory of California. This to arrive, because of its bright impact with the true commercial sector, then led to massive creations of the companies of California of the commercial real estate. Today, there almost one hundred of companies of California of the commercial real estate around the world which is operation and operation to help those which have problems with their subjects of the commercial real estate.

    For this fact, they are not even astonishing of knowing that the companies of California of the commercial real estate became the reason of the popularity of California. These companies of California of the commercial real estate act as that of the vehicles for success and the fame. So much today, not only the commercial real estate of Atlanta is the best place for those which seek the commercial real estate but also the commercial real estate California becomes the center for such a field.

    To mention only those, the companies of the most well-known California of the commercial real estate are the real estate of the city of California and Real-Estate-Guide.Net. These companies of California of the commercial real estate, however, has a broader range of the offers, which also covers the other types of properties of the real estate except the properties of California of the commercial real estate. For the particular emphase, Real-Estate-Guide.Net, being one of the suppliers of California of the commercial real estate offered properties of California of the commercial real estate, residences on the beaches of San Diego, and all. Except that this particular company of California of the commercial real estate provides their agents of California of the commercial real estate to help the customers of California of the commercial real estate to find the house perfect, the condominium, the urban house, or the empty ground for the house of r.veuse of the customers of California of the commercial real estate. Moreover, their agents of California of the commercial real estate will really help with work to facilitate quickly the research of the customers of California of the commercial real estate much and.

    If you think of the properties of purchase of California of the commercial real estate without using an agent of California of the commercial real estate, this certain company of California of the commercial real estate will help you for that. They also provide some lists for the properties available of California of the commercial real estate to the sale and for the lease so that the customer identifies easily and for chooses which among the provided properties of California of the commercial real estate will be the best.

    Today, several properties of California of the commercial real estate were offered in the majority of the suppliers of California of the commercial real estate. And some of these properties of California of the commercial real estate are on sale or rent. Thus if you want to know more about the properties of California of the commercial real estate, you improve the order that some of the properties available of California of the commercial real estate offered even on the line.

    Commercial Real Estate Loan

    The commercial real estate was one of the common types of company today. Almost thousands of the commercial real estate were established today and are mainly lived on the side almost of million people around the sphere. For this fact, it is not astonishing that several of the people nowadays seek always loans of the commercial real estate for their own advantages. However, the good number of them still do not carry out nature of the loans of the commercial real estate.

    Thus each one information, the loans of the commercial real estate are really claimed in the form of loans of commercial property or commercial loans. With that of various addresses, the loans of the commercial real estate are slightly conceived for some goals and the loan of the commercial real estate is composed mainly of ground with the structures, which are applied for companies and which align in several categories of the properties such as the buildings with the detail, research and development of the centers, the office buildings and the complexes, and shopping malls and centers of the band. Except that, the loans of the commercial real estate also include loans of the commercial real estate for the free position of a mixed utility, the buildings of the warehouse, the equipment of automatic memorizing, and the buildings of the factory.

    For much of conscience, it is significant to understand that the loans of the commercial real estate do not cover the residential properties, including the complexes of the apartments, the resource, the properties of the hotel, and the dispensaries. However, there remain some loans of the commercial real estate for these types of real estate but these loans of the commercial real estate are treated separately in other fields.

    Except these facts, the loans of the commercial real estate now became available for the reason for which the capital placement of America let the borrowers of the loan of the commercial real estate have loans of the commercial real estate available to them atfixed or the adjustable debtor rates widened the commercial real estate with the limits which can be considered as exceptional. And today there several programs for the loans of the commercial real estate which was open to help the borrowers of the loans of the commercial real estate the such loans of the commercial real estate of Wells Fargo, and the loans of the capital commercial trout real estate with the steel head. And right like some shapes of the companies, all the suppliers available of the loan of the commercial real estate set their own standards for their various credit departments of the commercial real estate.

    And to finish, to increase your interest for loans of the commercial real estate, majority of the loans on behalf of commercial real estate that the same communal ground conditions for their offer different from the loan from the commercial real estate. And some of these conditions for the fall of the offer of the loan of the commercial real estate to the general categories of the refinancing of the installations in place, of new acquisitions, and the new readjustment of construction or the essential part. It is simply important to note that loans of the commercial real estate are mainly applied today and are available to almost all the commercial real estate of investment companies.

    Austin, Texas Commercial Real Estate

    If we know that Dallas and Houston are acclaimed not only for its attractions but for its true commercial sector, it is interesting to note that the acclamation is also true with Austin, Texas. For Your Information, is of Austin made known not only for its attractions and other subjects of social but also the real estate commercial for Austin, Texas. In, the true commercial sector of Austin, Texas is not any doubt as prosperous as these other truths commercial sectors.

    For this matter, the success of the true commercial sector of Austin, Texas, like the truth about Austin, the commercial real estate of Texas is held, distributed considerably with the interest and the intensity the customers of the commercial real estate of Austin, Texas that considerably the commercial real estate of investment companies led to the establishment so much much Austin, Texas today. This reality is even noted in the whole world of virtual reality for the reason for which commercial real estate of Austin, Texas is mainly isolated and is necessary mainly by those which research of the assistance needs and objectives about their commercial real estate of Austin, of Texas.

    If such an information on the position of Austin, true commercial sector of Texas, it is exact like mention the important one of these companies of the commercial real estate of successful Austin and employee usually, Texas which contribute considerably to famous that the true commercial sector of Austin, Texas appreciated nowadays. Thus for your interest about Austin, the commercial real estate of Texas, the COMMREX or the exchange of the commercial real estate is one of the good places the commercial real estate about Austin, Texas. Thus if you of the research centres certain Austin, Texas of commercial real estate the needs and the objectives for your commercial real estate of Austin, from Texas, you came to the good place.

    To increase the interest more far from those which seeks some assistances about their Austin, Texas the real estate which the commercial need, it is necessary to note that the company of the commercial real estate of Austin, Texas COMMREX as name of such a company implies is really based in Austin, Texas. The company of the commercial real estate of this certain Austin, Texas has would be developed by the work of the media of the Internet, and as such this Austin, the company of the commercial real estate of Texas could be found at www.commrex.com. Moreover, the COMMREX or the exchange of the commercial real estate is the company of the commercial real estate of Austin, Texas which was without property of operation and operation of interruption of the commercial real estate like Austin on the line, Texas announcing the naturally true sector of system for Austin, of commercial Texas with an aim of the properties of the launching of Austin, commercial real estate of Texas to be sold and for the lease since 1995.

    Except this information on such Austin, company of the commercial real estate of Texas, it is also important to consider that company of the commercial real estate of this Austin, Texas of the products of the commercial real estate offered auxiliary Austin, Texas and of the services of the sale which these products and services are provided available the community of Austin, Texas with the commercial real estate and the public by their site. If powerful is the company of the commercial real estate of this Austin, Texas which it provides 185 mailing lists the commercial real estate of Austin available, Texas so that the user knows the information of the sale by types of geographical property of sector and the various one of the commercial real estate Austin, Texas.

    Thus if you need the assistance about your Austin, the commercial real estate of the imports of Texas, these sites mentioned is the good place for you.