Dubai Property:
Since 2002 Dubai has seen a total revolution in the property market sector. Dubai almost bears no resemblance to the Emirate it once was. Dubai has become the shinning star of the Middle East with other Emirates such as Abu Dhabi and Bahrain keen to follow suite. But why is it that Dubai has become such a property hotspot and why is buying Dubai property going to remain an excellent investment for years to come? There are many reasons why Dubai will remain the capital for property investments and we have provided our top 10 reasons below.
Bermuda Views Dubai Sports City
Property Details
Location: Dubai Sports City
Name: Bermuda Views
Price: from 562,357 AED
Beds: studio, 1 and 2
Baths: 1 and 2
Area (ft2): from 549
Area (m2):
Completion: 2009
Overlooking the Dunes golf course to one side and the park to the other, the Bermuda Views is very well situated in the Dubai Sports City. A short walk from the canal where a vibrant mix of restaurants, retail outlets and pleasant canal side walks allows you to feel part of this wonderful community.
Inside the development the Bermuda Views provides for all your requirements more than adequately with a high specification gymnasium, sauna and swimming pool, a sophisticated receptional area and apartments that ooze style and ambience.
Features also include:
- A modern architecture featuring a mix of concrete and glass structure
- High speed elevators servicing residential units
- Quality internal fixtures and fittings including fitted hub and oven
- Fully equipped state-of-the-art gymnasium
- Separate sauna & steam rooms for ladies and gents
- Dedicated parking spots at basement level
- 24 Hours security services
- Picturesque paths for jogging and walking
- High speed internet access with future technology ready features
- Apartments ready for cable TV, advanced telephones
Read more about Bermuda Views Apartments...
Prodigy 5 Apartments Jumeirah Village South
Property Details
Location: Jumeirah Village South
Name: Prodigy 5
Price: from 329,000AED
Beds: studio, 1 & 2
Baths: 1 & 2
Area (ft2): from 515
Area (m2):
Completion: late 09
The latest release of the incredibly successful Prodigy apartments in Jumeirah Village South is the Prodigy 5 development. As can be seen from the image, the apartments are of extremely high quality with a very modern design. They come with a full furniture package of very high quality, a free car park space and also a guaranteed 8% rental for the first 2 years (re-negogiable).
Features also include:
- Stylish reception area
- Swimming pool with Jacuzzi
- Fully equipped gymnasium
- Landscaped garden
- Two levels of basement parking
- 24 hour security
Read more about Prodigy 5 Apartments...
Prodigy Apartments Jumeirah Village South
Property Details
Location: Jumeirah Village South
Name: Prodigy
Price: from 319,000 AED (£43,698)
Beds: studio, 1 & 2
Baths: 1 & 2
Area (ft2): from 337
Area (m2):
Completion: late 09
A stylish low rise apartment building (Ground + 4 floors) that is located in the centre of the village very close to the central park area. With easy access to a wealth of local facililites including recreational parks, intenational schools, healthcare and many different types of shops and offices, Prodigy 4 apartments are sure to make a big name for themselves for quality and appeal.
Lifestyle Appeal:
The project is designed to be self-contained and will include international schools, town and country clubs, community centres, jogging and cycling trails, sports and leisure facilities, and round the clock security, all providing a peace of mind and a real sense of community. Read more about Prodigy Apartments...
Wadi Tower City of Arabia Dubailand
Property Details
Location: City of Arabia
Name: Wadi Tower
Price: from 1,051,930 AED
Beds: 2 & 3
Baths: 2 & 3
Area (ft2): 1441
Area (m2): 134
Completion: Early 2008
Located in the heart of Dubailand, the exclusive Wadi Tower offers incredible views of City of Arabia and the Dubai skyline beyond. The dedicated, carefully planned residential tower provides a dynamic visual backdrop to an elegant urban centre:
Noteable Features:
- Entry to the building is through a spacious, well decorated lobby maintained to 5 star standards
- State of the art health club with fitness equipment, sauna and steam bath
- Temperature controlled swimming pool
- High speed elevators
- Professionally landscaped and maintained surrounding
Al Barari Villas
Property Details
Location: Dubailand
Name: Al Barari Villas
Price: from £1.5M
Beds: 6+
Baths: 6+
Area (ft2): 9000 built +
Area (m2):
Completion: 2008
Al Barari villas are a holistic storybook Arabian village. Set in the midst of breathtaking botanical parklands, waterfalls tumble into glistening lakes while soothing streams trickle amongst the terraces of the 330 luxury villas. Each has its own splendidly landscaped garden with infinity pool, water features and outdoor massage area.
The Spacious 5 to 7 bedroom villas are available in four distinct architectural styles - Acacia, Bromellia, Camellia and Dahlia. Inside and out they are a breathtaking sight o behold.
Al Barari is a celebration of culture; the development will feature a self-contained Kasbah. Amphitheaters, art galaries, music, dance and art schools. A connoisseur can wander through them even while admiring the striking authentic Islamic architecture, recreated by the renowned Dar al Omran, winner of several Aga Khan Islamic architecture awards.
Read more about Al Barari Villas...
Canal Residence West Dubai Sports City
Property Details
Location: Dubai Sports City
Name: Canal Residence
Price: from 1,836,353
Beds: 2
Baths: 2
Area (ft2): from 1397
Area (m2): 130
Completion: Mid 2009
Located by the side of the impressive canal waterway of the Dubai Sports City the Canal Residence West provides that perfect place to relax and enjoy the very cosmopolitan ambience. Step outside your home and the waterfront opens up before you, a vibrant cluster of chic cafes relaxed restaurants, retail plaza and boutiques right on your doorstep.
Project Features:-
- Stylised facade designed for each building
- Landscaped waterfront promenade offering cafes, restaurants, boutiques and convenience stores
- Private club on the first floor of all buildings offering state of the art gym, fitness studio, steam room and jacuzzi, beauty salons and therapeutic treatments, reading & music room, games room and business centre
- Elevated swimming pools and sundecks with shaded pavilions
- Stunning views
Read more about Canal Residence West...
Wadi Walk City of Arabia Dubailand
Property Details
Location: City of Arabia
Name: Wadi Walk
Price: from 793,000AED (£117K)
Beds: 1,2,3 and 4
Baths: 1,2,3 and 4
Area (ft2): from 935
Area (m2):
Completion: Mid 2008
Step into a world where tradition meets modernity, business meets pleasure and simplicity meets sophistication. A World distinct, far from mediocrity… A world of wonder, vibrancy and magnitude!!!
Welcome to the Wadi Walk located at the mythical Dubailand, offering a comfortable community blending timeless Mediterranean architecture into the ultra-modern guise of Dubai, a place where the water reflects a vibrant atmosphere of attractive retail shops and outdoor cafes, where living is an unprecedented experience.
Wadi Walk is surrounded by eye catching greenery along the banks of the gently flowing canals with cruising riverboats, creating a rustic atmosphere by the water that will encourage residents and visitors of all ages to enjoy the great outdoors.
Read more about the Wadi Walk...
Stadium Point Dubai Sports City
Property Details
Stadium Point Apartments
Location: Dubai Sports City
Name: Stadium Point
Price(AED): from 356,250
Beds: studio, 1 & 2
Baths: 1 & 2
Area (ft2): from 475
Area (m2):
Completion: July 2008
STADIUM POINT, DUBAI SPORTS CITY, DUBAILAND, Dubai
Manchester United, David Lloyd, the ICC; just some of the names next door to you in SPORTS CITY. Overlooking the huge cricket stadium within a vibrant city hosting different major sporting events or concerts EVERY evening, this building is fantastic for investment or long/short term rentals. Set to become the world’s sporting headquarters, Dubai Sports City will command championship sporting institutions such as the Manchester United Soccer Academy and the International Cricket Council. It will boast an unprecedented mixture of superior facilities such as an 18 Hole Championship golf course designed by Ernie Els, an Olympic Village and Multipurpose Stadiums; in conjunction with a fully comprehensive and modern residential complex.
Read more about the Stadium Point...
10 Reason why it is still a very good investment to buy property in Dubai:
- Dubai property has very low purchase taxes; unlike countries such as Spain where purchasers can expect to pay 10% above the purchase price to cover stamp duty, notary fees etc, buying property in Dubai does not require any additional costs other than to the Dubai Lands authority of up to a maximum of 1.5% of the purchase price at the time of completion.
- Dubai property attracts no capital gains tax when sold (capital gains taxes are taken out from the sale proceeds automatically in other countries such as Spain)
- Dubai property attracts no income taxes if you rental out your property (again in other countries income tax on rental yields can be very high).
- Dubai is becoming a major tourism destination. Since 2002 Dubai has achieved almost 100% growth year on year in tourism and by 2010 it is expected to attract 12M visitors per year.
- Dubai's population growth is also expanding at considerable rate. Some 292,000 more people have become Dubai residents in just one year as the emirate's population increased to 1.422 million in 2006 from 1.130 million in 2005. This means that 24,333 people were added to Dubai's population every month, 800 daily and around 33 every hour during 2006.
- Dubai's sustainability in population and tourism growth is expected to continue for many years to come. Demand for property remains at an all time high and there is a predicted shortfall in the number of properties available against the number of properties being supplied up to the year 2010 (and possibly beyond).
- Due to very agreeable taxation rules for companies setting up offices in Dubai (corporation tax exclusion for the first 50 years), many large organisations are locating to Dubai and enjoying the new impressive business areas such Business Bay. Obviously, as the business community grows, demand for luxury accommodation also increases.
- Dubai sits between 3 large continents; Europe, Asia and Africa. The demand for Dubai's new facilities such as Dubailand, Sports City etc will be be huge. As an indication of Dubai's future demand, there is a new Dubai airport being constructed in Jebel Ali to be open in 2008 that will have a requirement for itself and its contributors of an additional 600,000 workers.
- The new freehold law in Dubai passed in 2006 allowing non nationals to purchase free hold property in Dubai has made the dubai property market a lot more stable and as such banks will surely provide more competitive mortgage products for purchasers in the years to come.
- Last but not least...Dubai is working! as an investment, the Dubai property market is a huge success. Prices are increases by a much as 25% per annum and rental yields also also out performing all other countries with yields of 10% and more being easily achieved.
Its Not too Late to get Involved:
Its not too late to get involved however, you have not missed the boat, we have new and exciting projects coming up all the time. Take a look at some of the amazing property we have available for sale we have listed below and contact us today to see how easy it is to become a successful property investor in this incredible city!
