#rental properties in al khor

[tvgrealtors]

Best Areas to Invest in Dubai: Where Opportunity Meets Potential

Dubai's real estate market has long been a magnet for investors seeking lucrative opportunities amidst a backdrop of visionary developments and robust economic growth. As the city continues to expand and evolve, certain areas stand out as prime locations for property investment. Whether you're looking for high rental yields, capital appreciation, or a blend of both, here are some of the best areas to consider investing in Dubai:

1. Downtown Dubai

Downtown Dubai is synonymous with luxury living and iconic landmarks, including the Burj Khalifa, the world's tallest building. This vibrant district offers a mix of high-end apartments, penthouses, and exclusive residential towers with unparalleled views of the cityscape and Dubai Fountain. Investors are drawn to Downtown Dubai for its prestigious address, proximity to business hubs, world-class shopping, dining options, and cultural attractions like the Dubai Opera.

2. Dubai Marina

Dubai Marina is a waterfront community known for its stunning skyline, bustling promenade, and vibrant lifestyle. This upscale district offers a variety of apartments and penthouses overlooking the marina or the Arabian Gulf. Investors appreciate Dubai Marina's cosmopolitan ambiance, extensive leisure amenities, waterfront dining options, and proximity to the beach. The area is also well-connected to major highways and public transport, enhancing its appeal for tenants and buyers alike.

3. Palm Jumeirah

Palm Jumeirah, an iconic man-made island shaped like a palm tree, is a premier destination for luxury waterfront living. This exclusive enclave boasts lavish villas, townhouses, and apartments with private beach access and panoramic views of the sea. Investors are attracted to Palm Jumeirah for its prestigious lifestyle, world-class resorts, upscale dining, and leisure facilities. The island's unique architecture and premium location ensure strong demand from affluent residents and tourists.

4. Dubai Creek Harbour

Dubai Creek Harbour is a burgeoning waterfront community located near Dubai Creek and adjacent to Ras Al Khor Wildlife Sanctuary. This master-planned development by Emaar Properties promises futuristic architecture, expansive green spaces, and a vibrant lifestyle. Investors are intrigued by Dubai Creek Harbour's potential for capital appreciation, proximity to Dubai's business districts, and planned cultural and retail attractions such as the Dubai Creek Tower and Creek Marina.

5. Dubai Hills Estate

Dubai Hills Estate is a mixed-use development set amidst rolling green landscapes and a championship golf course. This family-friendly community offers a range of villas, townhouses, and apartments surrounded by parks, schools, healthcare facilities, and recreational amenities. Investors appreciate Dubai Hills Estate for its serene environment, integrated urban planning, and proximity to Dubai's major highways, ensuring connectivity to the city center and other key destinations.

6. Jumeirah Village Circle (JVC)

Jumeirah Village Circle is a growing residential community designed to offer affordable living options without compromising on quality. This family-oriented neighborhood features a mix of apartments, townhouses, and villas surrounded by landscaped gardens and community parks. Investors find JVC appealing for its affordable prices, strong rental yields, and planned infrastructure enhancements such as retail centers, schools, and healthcare facilities.

Conclusion

Choosing the best area to invest in Dubai depends on your investment goals, budget, and preferences. Whether you prioritize luxury living, waterfront views, family-friendly amenities, or affordability, Dubai offers diverse opportunities for property investors. Conduct thorough research, consult with real estate experts, and consider factors such as location, rental yields, infrastructure development, and market trends to make informed investment decisions that align with your financial objectives. With careful planning and strategic investment, Dubai's dynamic real estate market can provide substantial returns and long-term growth potential for savvy investors.

[qatarbuyandsells]

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[anmendis]

Properties for sale in Qatar

The real estate sector in Qatar is largely overseen by government institutions, including local municipalities <a href="https://adhunters.com/en/Al-Rumaila/"> buy Property in Doha Qatar furnished flats in Al Rumaila</a> and the Ministry of Justice (MoJ), which has a leading regulatory role as well as being responsible for registering property transactions. In October 2018 the MoJ signed a memorandum of understanding with the UK’s Royal Institution of Chartered Surveyors, a professional body that promotes global best practices in the industry, to improve market transparency and investor confidence by regulating the real estate sector in accordance with international standards.

There have recently been several legislative and regulatory reforms aimed at strengthening the real estate market. In May 2019 the Cabinet approved a new draft law covering the regulation of real estate development and proposed expanding the companies and entities permitted to participate in tenders, auctions, practices, competitions and direct agreements. The new draft law replaces Law No. 6 of 2014, which stated only insurance companies and banks were permitted to participate in these agreements.

In January 2020 the Ministry of Municipality and Environment simplified the processes for obtaining building permits and construction certificates, turning them into a single online application. These updates were put into effect in early February 2020.

In March 2019 Law No. 16 of 2018 was implemented, increasing the number of freehold zones in which non-Qataris can purchase real estate from three to 10. In addition to designated areas such as The Pearl, West Bay Lagoon and Al Khor Resort, foreigners are now allowed freehold ownership in Rawdat Al Jahaniyah, Al Qassar, Al Dafna, Onaiza, Al Wasail, Al Khraij and Jabal Theyleeb.

Although foreigners remain unable to obtain Qatari citizenship, the purchase of real estate with a minimum value of QR728,000 ($200,000) in any freehold zone automatically grants permanent residency to both buyers and their families. An additional measure to entice foreign investment saw visa rules altered to allow homebuyers to obtain real estate visas, letting them live in the country without sponsorship. According to Mazen Alsbeti, chief business development officer at general contracting company Power International Holding, this liberalisation of visa laws is encouraging non-Qatari real estate investment in a number of areas, particularly in the freehold zones of West Bay Lagoon, Onaiza and the recently developed Lusail City.

Size & Performance Real estate activity peaked in 2017 with a total value of QR38.3m ($10.5m). Following the establishment of the blockade and a dip in oil prices, in 2018 there was a significant decline in the value of real estate activity. Total real estate activity fell from QR10m ($2.7m) in the fourth quarter of 2017 to QR9.4m ($2.6m) in the first quarter of 2018 – a quarter-on-quarter decrease of 5.6%.

According to local media, in 2019 the country’s real estate sector saw deals valued at more than QR22.8bn ($6.3bn). In the first quarter of 2019 the sector saw some 1065 transactions totalling QR5.1bn ($1.4bn), while in the second quarter transactions were valued at around QR5.7bn ($1.6bn) from 930 transactions. In the third quarter of 2019 the sector slowed somewhat, with 823 transactions totalling QR4.5bn ($1.3bn); however, this turned around in the last quarter of the year, which saw a high in terms of value with 934 deals accounting for QR7.1bn ($2bn). According to the Planning and Statistics Authority (PSA), December 2019 saw deals worth QR1.58bn ($433.7m), compared to QR1.55bn ($425.4m) in November of that year. This monthon-month growth of around 2% indicates that slow but steady improvement may be anticipated for 2020. The highest transaction prices were seen in The Pearl, Salah Al Jadidah, Lusail and Abu Hamour.

Individual property sales have fared less well in recent years. The real estate price index, which lists property sales registered with the Ministry of Interior, rose by 16.5% and 34.7% in 2013 and 2014, respectively. October 2015 marked an all-time high of 311.5 points on the index, according to the Qatar Central Bank’s “Financial Stability Review��. Since 2016 the industry has slowed and the real estate price index has subsequently declined. At the end of 2018 the index stood at 246.14 and after briefly rising to 250.74 during the first quarter of 2019, declined to 225.76 in December of that year.

According to Mohamad Al Ishaq, rental and real estate manager at management consulting company KBM Group, the fall in prices is not a cause for concern and is part of a healthy rebalancing that has made Qatar’s real estate more competitive regionally and has attracted foreign investors. “Over the last few years land prices in particular have fallen by between 10% and 40%, which means that people are buying and building again,” Al Ishaq told OBG.

Major Developments Commercial and residential stock continue to increase in the wake of a number of ongoing developments, the largest of which is Lusail City, located along the northern coast of Umm Salal, north of Doha. Developed by Qatari Diar, the real estate wing of the Qatar Investment Authority (QIA), Lusail covers an area of around 38 sq km. In addition to the 80,000-seat Lusail Stadium, which will host the opening and closing ceremonies of the 2022 FIFA World Cup, the new city is home to 10 hotels, 3000 villas, and 12,000 apartments and retail areas, and will accommodate approximately 200,000 permanent residents.

Lusail City is not the only mixed-use development under way. Al Waab City, owned by Nasser Bin Khaled Group, covers around 1.2m sq metres and is estimated to cost QR13bn ($3.6bn). Built with a focus on environmental sustainability, the development contains 2411 residential units, 232,700 sq metres of commercial space and a 425-room hotel complex. Other notable developments in the pipeline are Asia Towers, Al Sadd and Msheireb Downtown Doha. Developed by Msheireb Properties, a subsidiary of Qatar Foundation, the Msheirib Downtown Doha project was completed in 2019 and is considered the first fully sustainable regeneration project in Qatar. Meanwhile, the first phase of the Hamad International Airport extension, which will increase its annual capacity to 53m passengers by 2022, is also nearing completion. The extension, whose second phase will increase annual capacity to 60m passengers, is expected to drive growth in the hospitality sector (see Tourism & Sport chapter).

Other developments that look likely to have a positive impact on the real estate market include Qatar Rail services like the Doha Metro, which opened in 2019, and the Lusail Light Rail network, scheduled to launch in 2020. Real estate developments in areas served by Doha Metro’s 37 stations will benefit from greater connectivity between residential, commercial and leisure districts. Tenant demand in these areas is expected to increase, putting positive pressure on occupancy rates and rental prices

[myroyalridecom]

Dubai Best Car rental service

Ford Car Rental Services

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In the event that shopping is your pleasure, Dubai is your fantasies worked out as expected. In addition to the fact that you have the absolute greatest shopping centers on the planet with every one of the significant brands, however Dubai, being initially an exchanging center between the east and west offers you quite possibly the most intriguing shopping encounters on the globe. From conventional souks (where you can discover adornments and material, among numerous others things), to the Indian business sectors in Deira, discovering everything from flavors to gadgets. Make a few inquiries in the back-rear entryway stores and you can even track down that satellite decoder that opens every one of the paid stations. Remember to wrangle, they never dismiss a client, and you'll realize when you've hit the most minimal cost.

The Eirates are situated toward the East of the Arabian Peninsula in the Persian Gulf. Dubai is lined by Abu Dhabi and Sharjah Emirate. The Hatta area lined by Oman. The city of Dubai lies totally in the Persian Gulf close to the mouth of the Khor Dubai, a surge of salt water that runs corner to corner through the city. Dubai has an augmentation of more than 4000 km².

Dubai is an interesting sea shore occasion objective and shimmering city that will stun you and change your fantasy occasion thoughts for eternity. Despite the fact that Dubai is essentially a desert, it truly has numerous appealing sea shore occasion areas to browse, and it's the No 1 Financial center of the Middle East. Dubai is likewise home to a Grand Prix Circuit, the world's tallest structure - Burj Kalifa, in addition to the renowned 7-Star Burj Al Arab inn. Dubai has made what is regularly known as the eighth miracle of the world - Palm Jumeirah. This enormous yet dazzling creation is presently home to a variety of staggering occasion estates in Dubai, with perfect white sandy sea shores for each property that decorate the Palm Island Fronds. Vacationer visiting can look over extravagance estates or condos in Dubai, set in elegant squares which adjust the Palm trunk street, known as shoreline lofts. Every shoreline loft has magnificent sea shore access and offices, in addition to some great perspectives across the Arabian Gulf and to the most astute inns in Dubai and are one of the lone private improvements to give authorized bars and eateries.

Dubai is the biggest city and a significant objective for sightseers be it business or for relaxation. With the city playing host to various occasions and celebrations, there is an increment in the quantity of guest's to the city. The vacationer deluge has brought about number of inns mushrooming in all pieces of the city however Dubai Airport has number of inns in Dubai Airport coming up. The present voyagers loom for the best be it the area, offices and costs. Inns close to the air terminal are exceptionally famous as it's anything but a great deal of movement time, inns close to Dubai air terminal simply fills the need. Additionally, the vast majority of the lodgings take into account the requirements of business and relaxation voyagers the same.

Dubai International Airport serves Dubai, the biggest city of the UAE. Casted a ballot as the best worldwide air terminal on the planet, this Dubai air terminal is the center for all significant global aircrafts other than Emirates. The Dubai International Airport began activities in 1960 and is the most active air terminal in the Middle East. Taking a gander at the flood of explorers this air terminal is being supplemented by Dubai Central International air terminal, which will take into account the future voyagers. Found helpfully from the downtown area, it's anything but a little drive in a taxi. Richly planned air terminal brags of its huge obligation free retail plaza, simple accessibility of taxicabs, ATMs, vehicle rentals and inn reservations. Voyagers can discover number of inns close to Dubai air terminal situated at a brief distance. Tracking down an agreeable and an appropriate convenience in the air terminal region isn't troublesome. As Airport lodgings Dubai, give convenience to a wide range of voyagers, including business explorers and spending voyagers. Travelers going on close timetables, rest and unwinding are an extravagance that would now be able to be managed at one of the lodgings in Dubai Airport.

Subsequent to showing up at the Dubai Airport, is an involvement in a ton of administrations accessible available to the explorer. With the quantity of travel travelers and explorers to Dubai has expanded so is the accessible offices and administrations. The Airport's Duty Free is world renowned, which is a customer's heaven, giving shopping freedoms to gems, gadgets, architect wear, beautifiers kids items and so on among the different administrations the food court is a significant where one can appreciate global food, with all forte cooking styles accessible. Situated between the entryways 12 and 14 is an amusement zone for child's and ladies. Youngsters can have a great time in the play zone where as the mother's parlor is perfect for ladies with kids. Dubai air terminal's feature is the different parlors it offers to explorers to loosen up themselves or take care of their business during their movement time. From First Class relax, business Lounge, Airline lounges, to Quiet Lounges, one will discover a parlor fitting your necessity and taste.

Dubai is the biggest city and a significant objective for sightseers be it business or for recreation. With the city playing host to various occasions and celebrations, there is an expansion in the quantity of guest's to the city. The vacationer convergence has brought about number of lodgings mushrooming in all pieces of the city however Dubai Airport has number of inns in Dubai Airport coming up. The present voyagers loom for the best be it the area, offices and costs. Lodgings close to the air terminal are extremely famous as it's anything but a great deal of movement time, inns close to Dubai air terminal simply fills the need. In addition, a large portion of the inns take into account the necessities of business and relaxation explorers the same.

Dubai International Airport serves Dubai, the biggest city of the UAE. Casted a ballot as the best global air terminal on the planet, this Dubai air terminal is the center for all significant worldwide carriers other than Emirates. The Dubai International Airport began tasks in 1960 and is the most active air terminal in the Middle East. Taking a gander at the deluge of explorers this air terminal is being supplemented by Dubai Central International air terminal, which will oblige the future voyagers. Found advantageously from the downtown area, it's anything but a little drive in a taxi. Richly planned air terminal brags of its huge obligation free mall, simple accessibility of taxicabs, ATMs, vehicle rentals and inn reservations. Voyagers can discover number of lodgings close to Dubai air terminal situated at a brief distance. Tracking down an agreeable and an appropriate convenience in the air terminal region isn't troublesome. As Airport lodgings Dubai, give convenience to a wide range of explorers, including business voyagers and spending voyagers. Travelers going on close timetables, rest and unwinding are an extravagance that would now be able to be managed at one of the lodgings in Dubai Airport.

Subsequent to showing up at the Dubai Airport, is an involvement in a ton of administrations accessible available to the explorer. With the quantity of travel travelers and explorers to Dubai has expanded so is the accessible offices and administrations. The Airport's Duty Free is world popular, which is a customer's heaven, giving shopping freedoms to gems, hardware, creator wear, makeup youngsters items and so on among the different administrations the food court is a significant where one can appreciate global food, with all forte cooking styles accessible. Situated between the doors 12 and 14 is an amusement zone for child's and ladies. Kids can have some good times in the play zone where as the mother's parlor is perfect for ladies with kids. Dubai air terminal's feature is the different parlors it offers to voyagers to loosen up themselves or take care of their business during their movement time. From First Class relax, business Lounge, Airline lounges, to Quiet Lounges, one will discover a parlor fitting your necessity and taste.

The UAE is represented by a Supreme Council of Rulers, the gathering is comprised of the seven emirs and they designate the leader and the bureau for the country. In spite of being eventually controlled by the Supreme Council, likewise with the other six states, Dubai keeps an enormous level of self-sufficiency from the UAE with regards to general dynamic for the city's turn of events.

Oil was first found in the United Arab Emirates during the 1950s, before that the country's economy was based on fishing and pearling, since 1962, when Abu Dhabi turned into the first of the emirates to start sending out the oil, the country's economy has been totally changed.

Sheik Zayed, who has been the leader of the UAE since its commencement, immediately comprehended the financial potential for the country from the oil business. He has kept on guaranteeing that every one of the emirates profits by the oil produced riches, he has demanded the reinvestment of oil incomes into the medical services framework, the schooling framework and the overall public foundation.

The advancement of the oil business has prompted an enormous flood of unfamiliar specialists to the UAE, truth be told Dubai's populace is the quickest developing on the planet and the unfamiliar populace makes up around 3/4 of the whole UAE populace! As an immediate consequence of this reality the UAE is perhaps the most liberal nations in the Gulf, with different societies and convictions endured. Dubai has likewise rushed to comprehend the requirement for broadening. Oil in the area is simply projected to keep going for around 30 years thus Dubai has effectively set out upon a significant broadening program intended to at creating businesses and business undertakings to replace oil as the prevail product of the state's economy.

Because of open in November 2012, the Fairmont The Palm is named after the notable Dubai Palm Jumeirah, the world's biggest man made island which is formed like a palm tree. With stunning perspectives on the Arabian Gulf, the Fairmont The Palm will give simple admittance to the Dubai Marina and business focuses including Dubai Knowledge Village, Dubai Internet City and Dubai Media City.

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[johnyxperts]

How Covid19 impact on the commercial lease arrangements in Dubai

The current estimates actualized to reduce the COVID-19 infection have dove numerous parts into unfamiliar waters, and the commercial land segment is no exemption. The market has been affected by the conclusion of shops, bars, cafés and other public spots, just as the more extensive effect on commercial property following the 'telecommute' activities and curfews which have been in actuality..

The outcome is that landowners are confronting disappointments, demands and requests by inhabitants over all divisions. This article investigates a portion of the key lawful contemplations regarding correcting Commercial Warehouse For Rent In Al Quoz plans, taking note of possible ramifications for the two landowners and inhabitants, and a portion of the strategies we have seen rising up until now.

Can the particulars of a rent be singularly corrected by either party?

From a legitimate point of view, the Dubai Landlord and Tenant Law[1] doesn't consolidate arrangements which license either gathering to singularly revise the particulars of its rent. Moreover, Article 267 of the UAE Civil Code[2], which bargains, all the more by and large with end of agreements, doesn't take into consideration a substantial agreement to be shifted, except if by shared assent or a court request. Therefore, except if such alteration has just been tended to under the rent, the rent must be corrected with the shared arrangement of both the landowner and the occupant.

Will an inhabitant break its "keep open" necessity under a retail rent because of the current conclusion ordered by the specialists?

Provided that the guidance has been forced by the Dubai government, there is probably not going to be any move a proprietor could make for break in such manner. All things considered, many retail rents will contain an overall arrangement requiring consistence with all legal and authority necessities which would ostensibly abrogate such commitment.

Can force majeure apply to pardon an inhabitant from paying rent under the agreement?

A rent may contain a force majeure proviso which allows a gathering to suspend or end the performance of its authoritative commitments when certain conditions past its sensible control emerge, frequently making the performance of such commitments inconceivable, illicit or in certain occasions commercially impracticable. Where an authoritative force majeure statement exists in the rent, the gatherings should take a gander at the exact wording of the condition and the definition to comprehend whether the current COVID-19 effect will fall inside such legally binding definition and, specifically, regardless of whether the extent of such arrangement would work to pardon the non-installment of rent (which is regularly prohibited from a legally binding force majeure arrangement).

Without an authoritative force majeure arrangement, the gatherings might be confronted with thinking about any legal arrangements (for example outside the rent contract) that can be conjured. The UAE Civil Code sets out different articles which manage force majeure and unforeseen occasions, and will enhance any legally binding arrangements that may host been concurred by the gatherings. These incorporate Articles 273, 249 and 782.

Article 273 of the Civil Code considers abrogation of the agreement upon the event of a force majeure occasion. While there is no definition regarding what comprises 'force majeure' under the law, it is commonly acknowledged in the UAE to be restricted to occasions that are unforeseeable and unavoidable, prominently cataclysmic events, for example, quakes and floods, and perhaps at the same time wars and common distress, contingent upon the conditions.

Article 249 of the Civil Code permits involved with an agreement to contend harsh performance which, if effective, awards the courts the carefulness to "re-balance" the authoritative commitments between the gatherings. So as to effectively contend abusive performance, occupants would need to show that the current occasions were unforeseen, fall outside of their control and the financial aspects of the current circumstance are abusive to the degree that the agreement ought to be re-opened. By and large we see the courts adopting a wary strategy to interceding in an agreement thusly.

Article 782 of the Civil Code gives that in conditions where it gets unthinkable for an inhabitant to have full or incomplete satisfaction in the rented property because of a demonstration of the specialists, the rent will be dropped and the commitment to pay the rent would stop. For the most part, the outcome of effectively contending Article 782, would be abrogation of the agreement which thusly brings about any installment commitments stopping, not an impermanent suspension of rent. So as to effectively contend this arrangement, the inhabitant would be needed to demonstrate that it is difficult to appreciate the premises.

What moves can commercial inhabitants make in occasions where they are confronting money related challenges in paying the rent?

An occupant should check the particulars of its rent, just as any applicable protection approaches they have and open an exchange with the proprietor to talk about their conditions.

A few landowners have just reported help to occupants by method of conceded rent installments, installment plans and rent waivers. The DIFC declared on sixteenth April that it will give a multi month rent free period for its retail occupants, with past reports of the dispatch of a multi month conceded rent plot for inhabitants of commercial DIFC-claimed resources. Dubai Silicon Oasis is offering rent waivers to retail inhabitants inside DSOA properties. The Dubai Free Zones Council has declared an overall rent deferral plan of as long as a half year for organizations working in Dubai free zones.

In a transition to empower business movement, the Government of Dubai declared on 24 April fractional re-opening of retail exchange (shopping centers, high road shops, souqs and discount), workplaces and different parts/organizations, subject to consistence with specific measures, limitations and conventions. Organizations should guarantee they have investigated the new measures and have set up the vital prerequisites so as to fulfill and agree to the necessities.

What move would landlords be able to make if inhabitants can't pay rent because of the progressing industry interference?

The beginning stage ought to consistently be to check the legally binding terms to determine what arrangements have been concurred in such manner and comprehend the privileges of the two players. Preferably, each gathering should look to open an exchange with the other to attempt to determine the issue genially. Where this demonstrates fruitless, the landowner may seek after a case against the inhabitant for unpaid rent through the Dubai Rental Disputes Settlement Center. A proprietor may likewise look for removal under Article 25 of the Dubai Landlord and Tenant Law[3] which grants expulsion of the inhabitant where the occupant neglects to pay the rent inside 30 days of notice being served. We are, notwithstanding, yet to perceive how the Dubai courts will see the current conditions and whether reliefs will be allowed.

Going Ahead

Strang noticed that "inside Dubai's Commercial Warehouse For Rent In Ras Al Khor , we are seeing nonstop variation to COVID-19 related operational difficulties and working environment use; at first from inhabitants quick to draw in with landowners to oversee momentary rental cost duties, and now progressively from proprietor's trying to proactively team up with occupants to recognize arrangements to the greatest advantage of the two players".

Over the coming months we are probably going to see new patterns being set up according to rent commitments, just as the more full monetary effect of the terminations on the commercial land part. It is significant for the two landowners and inhabitants to keep a functioning correspondence set up during this time and to know about the applicable authoritative arrangements and more extensive legitimate contemplations.

[zoomaproperties-blog]

Looking to Buy a Property in Dubai? Invest Now with zooma properties

New property has been published on https://zooma.ae/looking-to-buy-a-property-in-dubai-invest-now-with-zooma-properties/

Looking to Buy a Property in Dubai? Invest Now with zooma properties

Whether you are looking to buy a property in Dubai with a substantial investment potential, an apartment for sale to move in now, or a holiday home for a family getaway, your individual reasons for property purchases put a lot of emphasis on your investment decisions.

Why Invest with zooma properties?

As one of the top property developers in Dubai that has contributed major assets to the city’s booming real estate industry, zooma properties can make real estate a potential investment for you. Over the past 16 years, the master developer has given rise to many iconic properties along the Dubai skyline and positioned itself as a market leader in the region.

Diversified Real Estate Portfolio

zooma properties has a diverse range of luxury townhouses, villas, apartments and studios available for sale in its portfolio. All of the real estate developments share high quality features, modern amenities and iconic designs.

Attractive Yield and Payment Options

The residential and mixed-use investment properties on offer can fetch investors long-term passive income with a potential rental yield of 7% to 10%, which is an attractive offer in the current market.

Long-term investors and homebuyers can invest in zooma properties with a down payment of just 10%, whilst enjoying flexible & easy payment plans.

zooma properties also offer the following additional services for a pleasant, stress-free transition:

Special deals from mortgage and home insurance providers

Preferential rates with selected movers, home appliance suppliers and landscape designers

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  The Best of Dubai’s Real Estate Options in Prime Locations

Take a look at zooma properties’ real estate developments, spanning luxury, mid-level and affordable categories, offering homebuyers and investors plenty of profitable investment options:

Residential communities in DUBAILAND – Mudon, Remraam, Serena, The Villa and Villanova

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Luxury residential community Manazel Al Khor and luxury mixed-use development Dubai Wharf alongside Dubai Creek and in Al Jaddaf Waterfront

Beachside properties – Exclusive access to world-class lifestyle venues in Jumeirah Beach Residence at 1/JBR.

  Some Property Investment Tips to Keep in Mind

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[dailykhaleej]

Coronavirus: Sharjah’s 47-point stimulus package suspends eviction judgments, jail rulings on all rental-related cases

Sharjah skyline. Picture Credit score: Pixabay

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Sharjah: The Sharjah Govt Council introduced on Tuesday a stimulus package to assist the emirate’s financial system and issued resolutions together with the suspension of eviction judgments and imprisonment rulings on all rental-related cases.

The council additionally accepted the discharge of 100 prisoners and inmates imprisoned for rental-related cases. Different measures embrace a 50 per cent low cost on visitors violations and cancellation of black factors dedicated earlier than March 31, for a interval of three months, efficient as of April 1.

The choices have been issued throughout a digital assembly chaired by Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah.

The council additionally introduced a stimulus package to assist authorities and personal entities, enterprise sectors and people affected by the unfold of the COVID-19 virus.

These incentives emanate from the SEC’s keenness to reinforce the continuity of improvement in varied fields and mitigate the severity of financial and social impacts that the world is witnessing throughout this important interval. They embrace the next:

1.

Three-month exemption from charges for financial institutions renewing their licenses from January 1, 2020 to December 31, 2020.

2.

Site visitors violations low cost by 50 per cent and cancellation of black factors dedicated earlier than 3/31/2020 for a interval of three months as of 1/4/2020.

3.

Free-of-charge issuance of certificates (injury or loss) by the Sharjah Police Headquarters for a interval of three months, as of 1/4/2020.

4.

Exempting tenants of the buildings (1 and a couple of) of the Sharjah Chamber of Commerce and Business of rental for a interval of three months as of 1/4/2020.

5.

Exempting tenants of Expo Centre Sharjah’s constructing from rental for a interval of three months, as of 1/4/2020.

6.

A 30 per cent low cost to members of the Sharjah Chamber of Commerce and Business to take part in Expo Sharjah exhibitions for the yr 2020/2021.

7.

Exempting the contributors within the Sharjah Centre for Export Improvement’s everlasting nationwide industries exhibition from rental charges for a interval of three months, as of 1/4/2020.

8.

50-per cent low cost for outlets, industrial centres and central markets taking part within the advertising and marketing campaigns organised by the Sharjah Chamber of Commerce and Business for the yr 2020.

9.

Exempting taking part shops from the Central and Japanese Areas (Al Dhaid – Kalba – Khorfakkan – Dibba) from participation charges within the advertising and marketing campaigns organised by the Sharjah Chamber of Commerce and Business for the yr 2020.

10.

Exempting workers of small and medium enterprises (SMEs) in 101 Commerce Centre from the rental charges till the tip of 2020.

11.

50 per cent low cost on Roads and Transport Authority violations dedicated earlier than 3/31/2020 for a interval of three months, as of 1/4/2020.

12.

25 per cent low cost on rental charges for taxi automobile numbers for a interval of three months, as of 1/4/2020.

13.

Exempting taxis and operator of the general public transport community for a interval of three months, as of 1/4/2020 from the next:

High quality management charges for taxi companies and the transportation community operator.

Working charges at Sharjah Worldwide Airport.

Bus station rental charges for the general public transport community operator and concession charges.

Vans and trailers from transport firms to and from Sharjah ports and the containers customs from visitors gates tariff.

14.

Revoking the municipality’s approval to resume the licenses of contractors and consultants whose licenses have expired for a interval of three months as of 1/4/2020.

15.

Postponement of the renewal of the occupational well being card for services topic to the supervision of the municipality.

16.

Offering sanitation companies for homes freed from cost for a interval of three months as of 1/4/2020.

17.

Renewal of the annual subscriptions of consumers within the parking service for one month without cost, and compensating the shoppers who subscribe yearly within the parking companies for a interval of three months in line with the municipality’s procedures.

18.

Exempting the general public from paying parking charges for a interval of three months as of 1/4/2020.

19.

Exempting the personal sector from charges of renewing their municipal associated permits for a interval of three months, as of 1/4/2020.

20.

Exempting resort institutions from the municipal charges of 5per cent for a interval of three months, beginning 1/4/2020.

21.

Suspension of all rental property eviction cases at the moment underway, together with govt procedures like imprisonment, blocking of financial institution accounts, seizure of automobiles, shares and belongings for a interval of two months.

22.

Deferring consideration of all present and new cases earlier than the rental committees for a month.

23.

The discharge of roughly 100 prisoners imprisoned on rental points and giving them Three months to settle their overdue quantities.

24.

Exempting all industrial and wooden vessels from dock dues and loading charges in Sharjah Creek, Al Hamriyah and Khor Fakkan Free Zones and creeks.

25.

Decreasing the charges due on port operations by 20 per cent on dealing with, delivery, unloading and associated charges, and marine charges.

26.

Exempting all bulk items from storage charges for a interval of ninety days.

27.

Decreasing the tariff for truck parking at Sharjah Ports by 50 per cent inside the designated areas.

28.

Exempting all delivery and customs clearance firms from the financial institution ensures required to conduct their actions.

29.

Exempting all industrial firms from inspection charges.

30.

Exempting firms working within the free zones from fines for delayed renewal of licenses.

31.

Exemption from visa fines in free zones.

32.

50-per cent low cost on company assignation of shares charges.

33.

Exempting all new licenses from charges in line with their industrial actions.

34.

Exempting resort institutions from the charges of the Sharjah Commerce and Tourism Improvement Authority, which quantities to 5per cent for a interval of three months, as of 1/4/2020.

35.

Exempting resort institutions from the gathered earlier violations for the Sharjah Commerce and Tourism Improvement Authority, in the course of the yr 2019 till 3/31/2020.

36.

Suspending the fee of installments for initiatives funded by the Sharjah Entrepreneurship Basis (Ruwad) for a interval of three months.

37.

Potential suspending of the installments of initiatives funded by banks for a interval of three months in coordination with the banks and in line with the case of every mission individually.

38.

Exemptions for the investing sector coping with the Division of City Planning and Survey from the fee of contractual dues for a interval of three months, as of 1/4/2020, in line with the next goal teams:

Governmental land buyers.

Traders whose actions relate to alter of use from residential to industrial.

Traders in authorities parking heaps.

39.

Exemption of Air Arabia from Passenger Facility Cost (PFC) – Dh35 per passenger.

40.

Exempting firms from plane parking charges – Dh100 per day.

41.

Decreasing the rental worth of the places of work of different airways by 50per cent.

42.

Decreasing the rental worth of warehouses and upkeep hangars by 50per cent.

43.

Exemption of Initiatives associated to the strategic companions of the Sharjah Worldwide Airport Authority for a interval of three months as of 1/4/2020, which incorporates: – Alpha Flight Providers UAE LLC, Sharjah Aviation Providers, Gamma Aviation, Dufry Sharjah, SASCO)

Exemption from collected annual charges and unique working charges.

Exempting all services (warehouse places of work) from the annual rents values.

44.

Initiatives associated to the industrial actions of Sharjah Worldwide Airport for a interval of three months as of 1/4/2020 which embrace: (Eating places, change retailers, industrial retailers, banks, journey companies, automobile rental firms, telecommunications firms and vacationer promotion firms)

50 per cent discount in rental.

Exemption from the charges of automobiles of sellers on the airport.

45.

Exempting Air Arabia from: plane touchdown charges, baggage test charges, airport entry permits, and a license renewal payment for fastened passenger airways (annual payment) in full for a interval of three months as of April 1, 2020.

46.

Exempting the Sharjah Aviation Providers Firm from the charges for entry permits to the airport, and floor dealing with costs (annual payment) for a interval of three months as of 1/4/2020.

47.

Exempting Gamma Aviation from renewal charges for fastened passenger airways (annual payment), and a floor dealing with costs (annual payment) in full from a interval of three months as of April 1, 2020.

Learning the financial state of affairs

The Council directed the formation of a committee headed by Sheikh Salem bin Abdul Rahman Al Qasimi, Chairman of the Sharjah Ruler’s Workplace, with the membership of the Central Finance Division and the Sharjah Financial Improvement Division and three members from the personal sector, to proceed to review the financial state of affairs in the course of the coming interval, and to make their suggestions in relation to incentives, and current them to the Council to take the required motion, making an allowance for ,in these incentives, the general public curiosity of residents and residents.

The Council additionally directed authorities division within the Emirate of Sharjah to activate and implement these incentives, every in line with its specialisation and the mechanism it deems acceptable.

Throughout its assembly, the Council mentioned plenty of governmental points, and issued plenty of choices that will develop work in native establishments and departments.

The Council additionally accepted the organisational construction of the Sharjah Social Safety Fund, and Dr. Tariq Sultan bin Khadem, Chairman of the Organisational Buildings Committee, reviewed the small print of the organisational construction and the phrases of reference for organisational models, indicating that the brand new organisational construction serves the imaginative and prescient and instructions of the Fund in reaching social and financial sustainability for the workers of the Emirate of Sharjah and their households, and serving upcoming generations.

The Council reviewed the annual report of Ruwad, and reviewed the Basis’s assist for enterprise leaders from small and medium enterprises within the Emirate of Sharjah.

The report indicated that the Emirate of Sharjah is a lovely setting for funding and incubator of many pioneering initiatives in gentle of the type patronage of His Highness Sheikh Dr. Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and the follow-up by Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Sharjah Govt Council.

Sheikh Sultan identified that the clever imaginative and prescient of His Highness Sheikh Dr. Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah in assist of the good system and funding in fashionable expertise, has proven its efficient and nice penalties in the present day underneath the present circumstances, facilitating the work of governmental and scientific establishments, departments and our bodies in Sharjah by activating the system of distant work and distance studying.

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[dayofdubai-blog]

Dubai jobs | Dubai Vacancies | 1st Annual General Meeting of Emaar Development announces AED 1.04

Dubai jobs | Dubai Vacancies | 1st Annual General Meeting of Emaar Development announces AED 1.04

The first Annual General Meeting (AGM) of Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC (DFM: EMAAR), approved the distribution of AED 1.04 billion (US$ 283.15 million) dividend, representing 26 per cent of the share capital being 26 fils per share, to the company’s shareholders.

Dubai Vacancies

assembly also approved the report on the activities and financial position of the company for the year ending December 31, 2018; the Auditor’s report; and the company’s balance sheet. KPMG was chosen as the new auditors for 2019.Mohamed Alabbar, Chairman of Emaar Development and Emaar Properties, said: “Our strategy for Emaar Development is to consolidate growth and prepare for the next era by continuing to build smart residential communities that meet the ambitions of the new generation of customers. We are also reaching out to worldwide investors, especially from markets such as China, highlighting not only the quality of life that our communities provide but also the substantial return on investment. We are grateful to our shareholders for their confidence in us and we will continue to develop iconic destinations that position us as one of the world’s most respected property developers.”In October 2018, Emaar Development dispersed AED 1.04 billion (US$ 283.15 million), representing 26 percent of the share capital being 26 fils per share, as interim cash dividend to the company’s shareholders.Last year, Emaar Development recorded a growth in net profit of 42 percent to AED 3.901 billion (US$ 1.062 billion), compared to 2017. Total revenue for 2018 was AED 15.433 billion (US$ 4.202 billion), an increase of 74 percent over the previous year. Highlighting the strong investor interest for Emaar’s residential launches, the company reported record sales of AED 14.240 billion (US$ 3.877 billion) in 2018.During 2018, Emaar Development launched for sale over 6,500 residential units in Dubai, which recorded positive investor response, including from international buyers. The company has nine destinations in Dubai with over 29,800 homes currently under development.Remarking on the participation, H.E Khalid Jasim Al Midfa, Chairman of Sharjah Commerce and Tourism Development Authority, said: “As part of our continuing efforts to encourage Sharjah as a destination for everyone and to attract over 10 million visitors in line with Sharjah Tourism Vision 2021, we aim to highlight the emirate’s authentic traditions and unique cultural features during our participation at this year’s edition of the ATM.

Dubai Careers

tradition and modernity, we seek to showcase UAE’s cultural heritage on the one hand, and on the other, we want to highlight the modern developments we have implemented within the tourism and travel sector. We are keen to explore new innovations in the field from various international participants during the event too.ATM is an international platform which presents a great networking chance for us to meet and share experiences with exhibitors such as international travel operators, agencies and organizations. Our growing focus is on eco-tourism products, outdoor activities, and the development of hotels in the hospitality sector. ATM provides us with the opportunity to highlight to the public the variety of tourism options and capabilities of the emirate."He added: “

Media Advertising in Dubai

look forward to showcasing exciting new touristic destinations and campaigns we offer, and our stand will fittingly reflect Sharjah’s authentic traditions and cultural identity through them. A virtual reality experience will allow visitors to our stand to take a peek at some of the emirate’s top sightseeing destinations. Apart from creating hype around new hotels and tourist destinations in the emirate, we will highlight Sharjah’s recent UNESCO award of ‘World Book Capital 2019 and complement the Arab region’s ongoing efforts to nurture a culture of reading.”Talking on the participation H.E. Hana Saif Al Suwaidi, EPAA Chairperson, said, “Every year, we participate in the Arabian Travel Market – one of the largest international travel and tourism exhibitions – to highlight Sharjah's eco-tourism plans and projects and the Protected Areas. Protected Areas constitute 15% of the area of the emirate of Sharjah. They have diverse ecosystems and they include coasts, marine environments, sand dunes, mountainous areas, valleys, gravel plains and the ecosystem and geological structures of sabkhat areas or salt flats.”H.E. Ali Salim Al Midfa, Chairman of Sharjah Airport Authority, said, “Sharjah Airport Authority is keen to participate in the Arabian Travel Market Exhibition every year. The size of the market, the importance of the exhibitors and the significance of the participants make this a valuable opportunity to showcase the Airport’s services and facilities. This year, Sharjah Airport Authority will focus on the airport’s facilities and most prominent services as well as the comprehensive AED 1.5 billion airport expansion plan, which includes the expansion of the terminal building to increase the airport’s capacity to 20 million passengers by 2025.”H.E. Manal Ataya, Director-General of Sharjah Museums Authority (SMA), explained that the Authority’s participation in this year’s edition of the Arabian Travel Market is aimed at promoting the various Sharjah museums, their collections, educational programs, and international events and exhibitions. She added that SMA will be highlighting the latest addition to its family of museums, the Khor Fakkan Fort, which was inaugurated recently by His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council member and Ruler of Sharjah, while he unveiled the new Khor Fakkan road on April 13. Ataya stressed that the new museum, which displays an extraordinary collection of archaeological artefacts excavated from the Khor Fakkan area, brings the total number of SMA museums to 17, further boosting the emirate’s cultural tourism offering. She said: ‘Sharjah recognizes culture as a vehicle that facilitates harmony and understanding among people and it continues to be at the forefront of investment in cultural projects in the region.” She concluded by saying that Sharjah’s position as the cultural capital of the UAE has a positive economic and social impact, including reinforcing national identity and preserving the distinctive cultural and historical heritage of the country.

Asim Ashad, CEO, Orient Travel Group, said: “Our participation at the ATM reaffirms our longstanding commitment and continuous efforts towards promoting the UAE as a tourist and business destination across an international audience. The event provides a special platform for global stakeholders to learn more about the industry, new offerings and emerging trends, and connect with new distribution channels and network with existing partners. We will also be launching our latest excursion and safari products at the ATM; providing guests at the SCTDA stand with the opportunity to explore and learn more about new routes and trails Orient Tours has developed. As the leading Destination Management Company and multi-awarded Tour Operator in the UAE and the region, it is natural for us to use the ATM, Middle East, and Africa’s leading travel platform, to highlight key elements of our premium offerings to stakeholders and visitors alike.”In addition Thomas Varghese – Deputy General Manager, SATA Said: “The latest edition of the Arabian Travel Market is a venue to showcase some of our new key initiatives and services, including the informative educational tours being handled by our Edu trip division for international student groups as well as the new enhanced features of our award-winning online B2B and B2C portal (www.satatravels.com) which was recognized at the 2018 Arabian Travel Awards.

Press Release Dubai

will also highlight the significance of being appointed as ‘Flynas PSA’ for the whole of the UAE and to promote Sharjah as a global tourist destination. In addition, we will shed light on our strategic overseas expansion plan. The Arabian Travel Market is an international platform that will provide us with vast opportunities for learning, networking, and forming new partnerships. We look forward to successful participation this year.”A total of 34 government and private sector entities from the emirate of Sharjah will participate at ATM 2019, including Environment and Protected Areas Authority, Sharjah Airport Authority, Sharjah Museums Authority, Directorate of Awqaf in Sharjah, Air Arabia, Sharjah Airport Travel Agency: SATA, Hilton Sharjah Hotel, Sheraton Sharjah Beach Resort and Spa, the Act Hotel Sharjah, Citymax Hotel Sharjah, Aryana Hotel Sharjah, Copthorne Hotel Sharjah, Hotel Holiday International Sharjah, Swiss-Belhotel Sharjah, Novotel Hotels and Resorts,

Government Jobs in Dubai

Tours and Travels LLC, Baithans Hotels Management LLC, Beach Hotel Sharjah, Radisson Blu Resort Sharjah, Al Majaz Première Deluxe Hotel Apartments, Sharjah Palace Hotel, Golden Tulip Hotel Sharjah, Ibis Styles Sharjah Hotel, Ramada Hotel and Suites Sharjah, Coral Beach Resort Sharjah, Tulip Inn Al Khan Hotel, Breeze Hotel, Al Khalidiah Tourism LLC, Cozmo Travel LLC Trav trolley, Sayara Limousine and Car Rental, Sharjah National Travel and Tourist Agency and Travtalk.

[building-arabia]

This is the Right Time to Buy with Emaar

Emaar Projects

Call us Today for the Special Offer and Payment Plan +971 55 553 0814

Dubai Creek Harbour

Dubai Creek Harbour is the future of Dubai. Formerly known as The Lagoons, DCH is a large, master-planned water-front development along Ras Al Khor Road. The project was revived in 2014 as a joint venture between Dubai Holding and Emaar Properties. Dubai Creek Harbour is also the site of The Tower, which will be the tallest building in Dubai when completed in 2020. Presently, almost all the consturction is concentrated on the Island District.

Average Asking Sale Price in Dubai Creek Harbour

Bedrooms   | Type Average Price | Average Price PSF

1 Bedroom        AED 1,148,000                AED 1,482 2 Bedroom        AED 1,778,000                AED 1,482 3 Bedroom        AED 2,603,000                AED 1,566 4 Bedroom        AED 6,189,000                AED 1,644

Why Dubai Creek Harbour?

There has been a huge demand from investors and end-users alike for DCH mainly due to the fact that there is potential for capital appreciation in the next four to five years, similar to how Dubai Marina experienced such growth from when it was launched to when it was completed. We expect such growth for Dubai Creek Harbour because:

There will be major public transport links in and around the project including the Dubai Metro.

The development will feature the world’s tallest tower (Completion due for 2020).

The construction of the largest mall in the world (expected to be twice the size of Dubai Mall).

Dubai Creek Harbour will feature waterfront lifestyle with boardwalks, corniche, and high-end stores and cafes lined along the boulevard.

The development is located in close proximity to the city center, being a 10-minute drive from Dubai International Airport, old city centers (Deira & Bur Dubai), Downtown Dubai, Business Bay, and DIFC, all of which will create a thriving rental and resale market upon completion.

Positives of Dubai Creek Harbour

Mega project: larger than Business Bay in land size.

Will take advantage of the creek and wild-life preserve.

Close to business districts and the Dubai Airport.

Interested

Dubai South

Surrounding the lush green landscape of a world class golf course, Golf Links is an idyllic community comprising of modern villas, state-of-art facilities and retail options within close vicinity. Choose between 4 and 5 bedroom villas.

Average Asking Sale Price in Emaar South

                             Bedrooms | Type Average Price | Average Price PSF

1 Bedroom         AED 747,000                AED 1,141 2 Bedroom         AED 986,000                AED 770 3 Bedroom         AED 1,476,000             AED 853

General Guide

Master-development by Emaar which will focus mainly on mid-income housing

Located to the west of Al Makhtoum International Airport

First phase called Urbana (featuring split level townhomes) was launched and sold out in September 2016.

Press-releases in mid-September indicate imminent launch of affordable apartments

Positives of Arabian Ranches

Master-development by Emaar; considered to be Dubai’s most reputable developer.

Project focused on affordable housing segment; a key demand driver.

Interested

Dubai Hills Estate

Dubai Hills Estate is a unique blend of elegantly-planned neighbourhoods centred around a magnificent 18-hole championship golf course. As the largest development of its kind in the region, it’s an exciting new way to live – in a city within a city. Sustainably designed, Dubai Hills Estate is the first of its kind. This masterfully-planned 2,700-acre multi-purpose development will form an integral part of the Mohammed Bin Rashid City (MBR City).

Stunning views of the Dubai skyline are complemented by lush landscaped parks and gardens, extensive winding walkways and spacious open areas – to support an active lifestyle. Here you can regularly enjoy an exciting game of world-class golf on picturesque courses and easily socialise at the clubhouse. Diverse recreational facilities, including dedicated children’s play areas, provide a holistic approach to living well – and make Dubai Hills Estate an ideal location for individuals and families of all ages. World-class schools, healthcare, hospitality and recreational facilities are also in located in the community.

Given the many facets of convenience and luxury that Dubai Hills Estate comprises of, the opportunities to invest in properties across this master development are highly lucrative. With a wide range of real estate offerings ranging from apartments of various sizes, podium townhouses as well as luxury villas give you a variety of choices when considering purchasing a home.

Average Asking Sale Price in Dubai Hills Estate

Bedrooms | Type Average Price | Average Price PSF

                                 1 Bedroom         AED 2,696,000           AED 3,987 2 Bedroom         AED 3,211,000           AED 3,113 3 Bedroom         AED 4,715,000           AED 2,853

Positives of Dubai Hills Estate

Dubai Hills Estate has an excellent location, right off Al Khail Road and close to Mall of The Emirates. It is a more central location than upcoming communities like Akoya, Mudon, Mira etc.

Most properties that an investor would purchase here are being offered on a 4 year payment-plan. This community’s first deliveries will be in late 2018 or mid-2019.

The master-development will closely resemble Emaar’s Emirates Hills district which includes projects like The Greens, The Views, Meadows, Springs, The Lakes and Emirates Hills.

The mall that will be builit in Dubai Hills Estates will be larger than the Mall of Emirates; this will be an additional demand driver for this community.

Interested

General Interest

Hamdy Mounir Director Mobile: +971 55 553 0814​ hamdy@colossalrealestate.com https://ift.tt/2v5DqvA RERA BRN: [37691] Permit no. 20841

  The post This is the Right Time to Buy with Emaar appeared first on Building Arabia.

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[realtydubai]

Apartments for sale in Dubai Creek Harbour

Call Realty Dubai at +971507707560 - Apartments for sale in Dubai Creek Harbour - Below Market Pricing - Interest Free Payment Plan - Save Now with Off Plan Pricing - Buy at Low Construction Prices - Easy Payment Plan / 10% Down - 0% Personal Income Tax, Rental Income Tax, Capital Gain Tax - Costs From 788,000 AED / $215,000​ - 3 Year Investor Visa for Self & Family Eligible - Booming Property Market - 20 Million Annual Visitors By 2025 - 10 Year Golden UAE Residency Visa for Investors - 10 Most Visited Cities in The World In 2018* - Dubai is 7th Safest City in the World by Numbero - Dubai is 24th City in Quality of Life Index - UAE offering Citizenship to Foreigners

apartments for sale in dubai creek harbour

Apartments for Sale in Dubai Creek Harbour I. Introduction - Dubai Creek Harbour is a new residential and commercial development located in Dubai, United Arab Emirates. - Offers a variety of apartments for sale, including studio, one, two, and three-bedroom apartments. II. Location and Accessibility - Dubai Creek Harbour condo is situated in the heart of Dubai, near the Ras Al Khor Wildlife Sanctuary. - Offers easy access to major highways, including the Sheikh Zayed Road, Al Khail Road, and E11. III. Amenities and Features - Dubai Creek Harbour offers a range of amenities for condo residents, including: - Swimming pools - Gymnasiums - Children's play areas - Retail outlets - Restaurants and cafes - All apartments in Dubai Creek Harbour are designed to be modern and spacious, with large windows to allow natural light and stunning views. IV. Types of Apartments - Studio Apartments: Ideal for singles or couples, these apartments range in size from 350 to 500 sq. ft. - One-Bedroom Apartments: Ideal for small families or couples, these apartments range in size from 700 to 900 sq. ft. - Two-Bedroom Apartments: Ideal for families, these apartments range in size from 1200 to 1500 sq. ft. - Three-Bedroom Apartments: Ideal for larger families, these apartments range in size from 1700 to 2100 sq. ft. V. Real Estate Developers - Dubai Creek Harbour is being developed by Emaar Properties, one of the largest real estate developers in the Middle East. - Other leading real estate developers in the area include Meraas and Azizi Developments. VI. Pricing - The cost of condo apartments for sale in Dubai Creek Harbour depends on the size of the apartment, its location, and the developer. - Studio apartments start from AED 500,000 and can go up to AED 1 million. - One-bedroom apartments start from AED 800,000 and can go up to AED 1.5 million. - Two-bedroom apartments start from AED 1.2 million and can go up to AED 2 million. - Three-bedroom apartments start from AED 1.8 million and can go up to AED 3 million. VII. Conclusion - Dubai Creek Harbour offers a variety of apartments for sale, with modern amenities and features, and is conveniently located near major highways. - With a range of options for families of different sizes and budgets, Dubai Creek Harbour is an attractive option for those looking to purchase an apartment in Dubai. Read the full article

[webinxs]

7 Superb Photo Spots in Dubai

Dubai is famous for glitz and glam, skyscrapers are synonymous with Dubai and it’s architectural marvels need no introduction. But it also has some delightfully awe-inspiring sights to behold that are beyond sparkling spires. Arabs being proud of their rich culture to leave no stone unturned to make it evident in their buildings, street arts and keep their historical heritage very well kept. We are setting up a guide here including all those spots which one should never miss photographing to have a full spectrum experience of Dubai.

Check out the list of most picture-worthy spots in the UAE’s largest city:

Historical District of Bastakiya:

To have a genuine taste of old Dubai wander in the maze-like quiet streets of this historical district. Built with wind towers and lighthouses these traditional buildings are restored and now there are many cafes, boutiques, shops and restaurants here in these buildings. You can reach Bastakiya by using metro or Dubai rental car services. Take photos of street art, shiny minarets of Al Farooq mosque and compose your shots so as to include the real feel of the place.

AL Seef:

Amongst the best attractions in Dubai is Al Seef a picturesque blend of modern and ancient. It has a lot to be pictured ranging from a waterfront promenade to an Arabian Souk with traditional architecture. Developed by a prominent property developer of UAE Meeras this place is set so as to display a multi-dimensional view of Dubai culture and life.

Bur Dubai Creek:

You will feel transported to old times standing at Bur Dubai’s old creek watching people boarding dhows and abras. Birds flocking to collect food offered by visitors. All this lays amazing opportunities for photography. Visit an hour before evening and use a zoom lens to capture all the glory of sunset and do include birds plus those traditional boats transporting people to old souks of Deira.

Sunset Beach:

The best place to capture an award-winning sunset shot is sunset beach in Dubai. With iconic sail-shaped Burj Al Arab making a million dollar foreground for your shot, a photo here in the golden hour is bound to be a masterpiece. People swim here till sunset so you can add some human element to your pictures as well. Just take care to aim for a broad spectrum shot and do not snap any stranger specifically. To reach here it’s best to book a rent a car service in Dubai for a luxurious and comfortable commute.

Tolerance Bridge:

This bridge connects both the banks of Dubai Water Canal. Its huge arch framing sky scrappers at Sheikh Zayed road a shot twenty minutes before sunset from the boardwalk below the bridge is bound to be perfect. Interesting light trails in the canal waters and lilac horizon as the sun dips make photography a real pleasure here.

Box Park:

Box park has a hip layout with industrial warehouse containers, funky boutiques and quirky shops it is the best spot for some street photography.  Pose in front of Roxy cinema to get an Instagram rocking picture. Lights here accentuate the color of containers and create an intriguing background for an upward perspective photo. Take someone along to shoot you here as you pose for some amazing shots.

Ras Al Khor Wildlife Sanctuary:

It is a tidal estuary with salt water reservoirs that attract the wide variety of resident and migrating bird types. You will have a chance to see grey herons, reef herons and pink feathered supermodels aka flamingos. Using a zoom lens and quick shutter speeds you can capture a maximum of the movement and flight.

We hope this helps to make your trip to Dubai wholesome and your pictures get a million likes! Happy traveling.Click Here

[capitalone01-blog]

Ultimate guide to renting a flat/apartment in Qatar

It's an inquiry that has been on numerous Flat for rent in Doha occupants' lips where should I live?' Whether you're an amateur, you've been living out of inns and adjusted flats for longer than you'd have minded to, or simply aren't exactly content with the house you're in now, it can be elusive a place to call your own. Along these lines, we looked out some master guidance…

It's a dependable fact that lodging costs are really high in Doha. Frequently, when you tell loved ones back home what you're paying, your affirmation will be met with dropped jaws and cocked eyebrows.

Check Proudley, who is related chief of land benefits firm DTZ and a long haul Qatar expat, says there's been genuinely solid request in the property showcase over the previous year, which has caused rental expansion. 'Thus,' he says, 'that is driving interest for private properties and our perspective of the market right now is that there is likely a deficiency, especially in lofts.' It's a comparable story on the compound estate advertise.

Nation supervisor for concurs with this. 'For occupants, the market will keep on being tight for a long time to come with a populace that is becoming faster than the property supply is going to the market,' she says.

It's not all fate and anguish, however - there are different ventures under development. The inquiry is, asks Mark, when will they be prepared to rent? 'There are colossal undertakings yet that is not going to comprehend the task in the following a few years,' Mark says. 'In the short to medium term, costs will rise.'

A super concise history of the property showcase

In the course of recent years, Apartments for rent in Qatar has seen fantastic development in all business sectors, especially in the land business. The populace has kept on rising (it multiplied in the vicinity of 2004 and 2008) and when the Asian Games was facilitated here, around the time that mass extension of oil and gas ventures was going on, the measure of lodging expanded.

There was somewhat of a logjam in 2008 where request dropped, yet things have truly begun to get again since the Qatar 2022 World Cup offer was won.

Presently, there are inexhaustible work openings and an ever-increasing number of individuals are rushing to the nation. In any case, this implies interest for lodging is presently beginning to exceed the supply. Normally, this drives the costs up.

The specialists' guidance for house seekers

'Nobody likes it when weight is put on them by a flat for rent in Qatar to settle on a speedy choice. In any case, the market at the present time is one of short supply for good quality investment properties. In the event that you discover a property that you like, settle on your choice rapidly and move to secure the property for yourself and your family. In such manner, ensure you are prepared to sign an agreement with every one of your records all together including RP duplicates and checks for the lease. Various individuals 'lose' a property at last, essentially in light of the fact that they are sitting tight for their bank to print checks for them.

'Organize the best a few things that you require in your property to be upbeat. This may be the quantity of rooms and a specific separation from work or a school. Set those key things in your brain and be set up to seek hard to discover a property that meets those prerequisites. From that point forward, you may need to trade off in different territories, as it is uncommon that one property is an entire fit.

Likewise, 'Abstain from working with specialists that are outsourcing and not working for an enlisted land organization. Ask any specialist which organization they work for, who the overseeing chief is and where their office is found. On the off chance that they can't reply, you ought to abstain from working with them.'

'I think you have to address your organization first and offer beyond any doubt that your leniency is adequate to cover the sort of lodging that you would need to secure or that you have the financial backing set up, remembering that costs are going up.

'Ideally, I would encourage individuals to work with a respectable handle that hears what they're saying. I think a great deal of representatives endeavors to charge the occupants expenses. To me, that is not how the market should function. The intermediary ought to take their bonus from the landowner, as we would like to think.

'Where ventures are under development and you at that point see it and they let you know "Goodness yes, it will be prepared to possess in a month" you must be exceptionally mindful about that. There's a high hazard that it won't be prepared by when they're disclosing to you it'll be prepared by.

'Things to consider are the place you need to be area savvy. Would you like to be near work? In the event that you have children, would you like to be near a school? I believe it's deciding your financial plan, knowing which area you need to be in and after that glancing around. And afterward, once you glance around there are various elements that you should take a gander at as far as the nature of the property, who's looking after it, and so on.

'Be that as it may, there'll be a component of hobos can't be choosers. You may need to take something and pay more for it than you'd truly need to.'

Purchasing versus rent

In Qatar, there are just three territories where expats can purchase freehold in The Pearl-Qatar, Al Khor Resort (which isn't constructed yet) and West Bay Lagoon. It can be a fairly gainful activity, in the event that you hit the nail on the head, yet the procedure is brimming with dangers.

'It's firmly prescribed for financial specialists to purchase in Qatar now, as the interest for good quality rentable house is relied upon to increment constantly finished a coming couple of years.' But, she includes, ensures you contribute just where it bodes well too.

Check, who purchased a loft in The Pearl a couple of years prior, educates us concerning the dangers. Right off the bat, you should be sure you will be here for some time, he says. At that point, you require a genuinely substantial store of around 30 percent of the property estimation, which can absolutely include. In any case, he says, 'the market is enhancing in light of the fact that there is more liquidity, the banks will loan, the financing costs they're willing to loan at have descended generously so in principle it can be a decent method for putting cash away every month as opposed to spending it on apartment for rent in Doha.'

Things you should know about, Mark cautions, are benefit charges in condo squares, different costs, for example, exchange assess when you come to offer, and in addition an operator to enable you to discover a purchaser. New standards are frequently being presented, as well. However, he says, The Pearl specifically is an alluring and built up private advancement now and there are significant benefits to be picked up. 'The profits you're getting are intelligent of the levels of hazard that are possibly included.'

His principle recommendation to somebody who is hoping to purchase is that you purchase something that is as of now fabricated. 'Try not to purchase off arrangement since you run the additional danger of deferrals in development and culmination.'

In addition, with regards to the time you need to offer, you have to figure what will offer effectively. Check says, 'one and two room lofts offer somewhat superior to bigger flats.'

Yet, recall, says Monsi, that you don't have to consider it regarding your living desires, the same number of her customers lease their property out. 'Live where you need to live and contribute where it bodes well,' she prompts.

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Sobha One 1 Bedroom Apartment

https://youtu.be/FXaOERVfYgs Sobha One 1 Bedroom Apartment

- Sobha One 1 Bedroom Apartment - - Dubai Creek Harbour Waterfront Apartments - 65 Stories Tall - World-class 18-hole golf course, designed by Gary Player - Ras Al Khor Sanctuary Flamingos - Dubai Hartland Creek - 1 to 4 bedroom apartments - 1.1M AED / $299,000 - 2 to 4 bedroom Luxury Duplex - AED 3.86M / $1.05M - Full floor AED 18.65M / $5.08M - Payment Plan: - 10% On Booking - Pay 50% During Construction - Pay 40% On Completion - Maid’s room in all 3–4 bedroom Apartments - Each Apartment has One balcony or Garden - Crystal Lagoon - Cafes, Restaurants & Stores - Valet - Fitness podium, Wellness park & Open-Air gym - Exclusive Club House & Cigar Lounge - Booming Property Market - 20 Million Annual Visitors By 2025• - 10 Year Golden UAE Residency Visa for Investors - 10 Most Visited Cities in The World In 2018* - Dubai is 7th Safest City in the World by Numbero - Dubai is 24th City in Quality of Life Index - UAE offering Citizenship to Foreigners• - 0% Personal Income Tax, Rental Income Tax, Capital Gain Tax

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Discover the Perfect Home with Sobha One's 1 Bedroom Apartments

Sobha One 1 Bedroom Apartment : Experience the Best of Dubai Living Dubai is a bustling city that offers residents a perfect mix of luxury and convenience. With Sobha One's 1 bedroom apartments, you get to enjoy the best of both worlds. Located in the heart of Sobha Hartland, this residential community is designed to offer residents the perfect living experience. Whether you're looking for a comfortable home for yourself or a rental property, Sobha One has everything you need. Unmatched Style and Comfort The 1 bedroom apartments in Sobha One boast of a unique architectural style that sets them apart from the rest. Featuring asymmetrical geometric shapes and futuristic rooftop gardens, these homes are truly one-of-a-kind. But it's not just the exterior that's impressive; the interiors are equally stunning. With spacious rooms, high-quality finishes, and modern amenities, you'll find everything you need to make your home comfortable and stylish. Convenient Location Sobha Hartland is part of the Mohammed Bin Rashid City, one of the most sought-after residential areas in Dubai. With easy access to transportation, international airports, schools, shopping, and medical centers, you'll never have to go far to find what you need. The Sobha One community is also conveniently located near some of Dubai's most popular attractions, such as the Dubai Mall, the Meydan Golf Club, the Dubai Canal, and the Burj Khalifa. Amenities to Enhance Your Lifestyle The Sobha One community offers a variety of amenities that are designed to make your life more comfortable and enjoyable. Whether you're looking to stay active or simply relax, you'll find everything you need right at your doorstep. From a well-equipped gym to a yoga and pilates studio, a swimming pool, a spa, and a sauna, you'll have plenty of options for staying fit and healthy. There's also a healthcare center, walking and cycling paths, and a playground for the kids, making it a great place to live for families with children. Affordable and Accessible Housing The 1 bedroom apartments in Sobha One offer a range of housing options to suit different needs and budgets. With sizes ranging from 68 to 218 square meters, you'll find the perfect home to fit your lifestyle. Prices start at just AED 1,100,000 ($299,500), making it an affordable option for those looking to invest in real estate in Dubai. Supermarkets and Shopping Centers Nearby For your daily needs, there are several supermarkets within walking distance of the Sobha One complex, so you'll never have to go far for groceries and essentials. And for those who love to shop, the Dubai Mall is just a 15-minute drive away, offering a wide range of restaurants, cafes, entertainment venues, and over a hundred different stores. A Great Investment Opportunity Sobha One is a great investment opportunity for those looking to enter the Dubai real estate market. With its elegant design, well-developed infrastructure, and convenient location, this premium-class community is sure to appeal to a wide variety of buyers and tenants, including families with children, young couples, self-employed businesspeople, and retirees. The return on investment in real estate here varies between 3.9-6% per annum, making it an attractive option for those looking to invest in the long-term. In conclusion, Sobha One's 1 bedroom apartments offer residents a unique living experience that combines style, comfort, and convenience. With its unmatched amenities, affordable housing options, and prime location, there's no better place to call home in Dubai. So why wait? Invest in your future today "Apartment Owners will be eligible to apply for a UAE 10-year Investor Visa"

Sobha One 1 bedroom apartment in Dubai

1 Bedroom Masterplan Sobha One 1 bedroom apartment Owners are 10 Year UAE Visa Eligibile By purchasing real estate in the residential tower of Sobha One, owners will be eligible to apply for a UAE 10-year investor visa, which allows family sponsorship, including a spouse, children, and parents. This type of visa offers various benefits such as the right to reside in the UAE, acquiring a UAE driving license, opening a bank account and much more. Sobha One 1 bedroom apartment Features & Amenities

Sobha One, Luxury Dubai 1 Bedroom Apartment Flats

Address Sobha Hartland, Nad Al Sheba, Mohammed Bin Rashid Al Maktoum City - Dubai, UAE - 25 Minutes to DXB Airport - 20 Minutes to The Dubai Mall - 15 Minutes to Dubai Marina Sobha One Dubai 1 Bedroom Location For those looking to enjoy interactive leisure activities, Sobha One is conveniently located near several popular destinations. The Dubai Mall, the Dubai Fountain, the Dubai Opera House, and the Ras Al Khor Wildlife Sanctuary are all just minutes away. Beach-goers can head to Jumeirah Beach or Sunrise Beach, both of which are about a 20-25 minute drive away. Sobha One is also an ideal choice for families with children, as it is located near several quality educational and medical institutions. This includes Blossom Design District Nursery, Kids Castle Nursery in Down Town, Hartland International School Dubai, Blossom North London Collegiate School, J’Adore Medical Clinic, and Aster Clinic – Business Bay. -  Dubai International Airport -  Dubai Media City -  Jumeirah Beach -  Business Bay Metro Station -  The Dubai Mall -  Dubai Marina

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International city - One of the most affordable residential communities in Dubai

New property has been published on https://zooma.ae/international-city-one-of-the-most-affordable-residential-communities-in-dubai/

International city - One of the most affordable residential communities in Dubai

Buying or renting a property at a price that does not leave one cash-strapped for months is a dream for millions around the world each day. This becomes all the more apposite in rapidly developing cities like Dubai that embrace thousands of new expats each month and who are in constant need of accommodation.

About International City

International City has been victorious in helping realize the dreams of many to own a home in Dubai. The international city is launched by master-developer Nakheel in 2002. International City is a large community lying in the city’s suburbs and is generally considered the most affordable area to rent or buy properties in Dubai. International City is best known for being the affordable housing capital of Dubai’s ever-expanding real estate market. According to the 2017 Dubai Property Market Report by Bayut.com, renting in International City is a favoured option; it was the second most popular spot in Dubai for renting apartments and the 9th most popular for buying apartments. It is home to thousands of expats, though a majority belongs to the South Asian origin. International City offers affordable living in a flourishing area. The community is located in the Al Warsan area of Dubai and it has the capacity to accommodate more than 60,000 people.

Spread over an enormous 800-hectare plot, International City offers a wide range of business activities, retail opportunities and tourist attractions that proceed hand-in-hand with the residential features. This is one of the places in Dubai where your pocket is favoured by the rents. Here, you can easily seize a studio apartment for a price lesser than that of a rented room. A monthly rental for a studio would cost around Dh3,000 up to Dh4,500, based on the furnishings in the apartment, or the number of rooms. Nevertheless, the number of rentals are meant to be between Dh28,000 and Dh35,000 annually. While those looking for a room can book their abode from Dh500 to Dh2,100.

The international city is claimed for its country-themed building clusters. There are different residential clusters including Greece, Spain, Morocco, Italy, France, Persia, China and Emirates. The international city is getting extremely popular because there is a high volume of studios and 1 bedroom apartments, pretty affordable for those who live independently. Clusters also include 2 and 3 bedroom apartments for those looking for larger space. Emirates cluster is one of the most popular clusters in International city. It has 26 low rise apartment blocks offering studio and 1 bedroom apartments. Central district in the International city a family paradise. It comprises of most luxurious and stylish apartments with pool, private parking, gym and park. The France cluster includes 2, 3 and 4 storey residential blocks characterized by long French windows, red and grey bricks and pilasters.

The international city has managed to captivate a large number of residents and investors and become a trademark for affordable living. International City is located near popular neighbourhoods like Academic City, Dubai Silicon Oasis and Al Warqa adding to the appeal for both buyers and renters.

Forbidden City

Forbidden City is a replica of the enormous and best-preserved cluster of ancient buildings in China and will spread over 240 thousand square meters. Forbidden City will provide the parking facility for 2,000 cars. Forbidden City has around 4,000 low rise studios and 1 and 2 bedroom apartments.

Transportation

Although the metro station is far from International city, it does have many bus stations that connects you to most of the parts in Dubai. The bus routes operating in the International city take you to popular metro stations like Al Rashidiya, Etisalat and Al Nahda.

Supermarkets

Dragon Mart is the biggest Chinese product destination, it spreads across 50 hectares. This is the place where you can go and stock up monthly essentials. There are many stores which cater the daily needs in clusters of the International city. There are even groceries who deliver over a phone call. There are speciality stores which stock up authentic goods from their respective countries.

Churches, temples and mosques

The international city has a fair amount of mosques similar to most areas in Dubai. The closest church in the International city is Dubai city church and St Mary’s church which is 30 minutes away. The nearest temple is Shiva and Krishna temple in Bur Dubai which is also 30-minute away.

Restaurants

The international city has many restaurants offering various kind of cuisines. There are popular places like Chilis, Le Pain Quotidien and Starbucks. There are also many local cafes and shisha lounges. Most of the restaurants and cafeterias offer home delivery. Hush Burger House is a healthy fast food concept American country-style burger joint. Soy to Chutney is a trendy joint that takes guests on a culinary trip from India to China and gives the best of both worlds. Café Aisha is tucked away in England cluster is a great snacking venue for a quick bite.

Lakes and Beaches

The Al Warsan Lake and it’s neighbouring site are important habitat for water birds. It is home to 186 local and migratory species of birds. The lake offers residents a way to enjoy some peace and quiet to come back to after a long day at work. Al Warsan Lake is popular for walks and jogs in the evening. The closest beach near International City is Jumeirah beach, just over half an hour away.

Leisure and outdoor activities

Dubai has developed into a city acknowledged for its lush green golf courses, so it works favourably for International City inmates that the Track Meydan Golf course in Nad Al Sheba is just 15 minutes away. If you are planning to explore any new sports and things to do in International City, the equestrian centres like the Desert Palm Polo Club and the Emirates Desert Equestrian Club are wonderful places to stopover. Nature lovers can expend hours in the company of migrating birds in the Ras Al Khor Wildlife Sanctuary, just 15 minutes away from International City. One of the biggest assets of living in International City is getting to sight these pink-legged flamingos found in affluence at close quarters during winters! The Paris Children’s Park in the France cluster is also amazing if you have smaller children.

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Facts You Must Know About Off-plan Properties In Dubai

New property has been published on https://zooma.ae/facts-you-must-know-about-off-plan-properties-in-dubai/

Facts You Must Know About Off-plan Properties In Dubai

Facts You Must Know About Off-plan Properties In Dubai

Purchasing an off-plan property in Dubai has its risks and rewards. It allows investors to get a property at the lowest possible price compared to ready properties. The buyer or investor can purchase directly from the developer wherein they offer between 10 to 30 percent lower prices for off-plan and under-construction properties. The offer usually goes with a down-payment and settlement terms which are clearly stipulated in the sales purchase agreement (SPA). Obviously, the closer to completion, the higher the price becomes.

Before we go further into your purchase plan, you just need to understand all corners about off-plan properties in Dubai.

  First, What is an Off-plan Property?

An off-plan property is a property before a structure has been constructed upon it. It is an unconstructed or under-construction property which is usually purchased from a developer or in some cases from the first owner. I.e. apartments, villas, townhouses, etc.

These days property developers are using plenty of attractive and flexible payment terms. We have seen a lot of “100% Off on Dubai Land Department (DLD) Fee”… “Pre and post-handover payment plan”… “5 to 10% upon booking”… “Guaranteed rental returns”… 50 to 100% Off on service fee”… and more aggressive advertisements just to keep up with the buyers.

For some developers in Dubai, it is not just about these eye-catching advertisements but to deliver best quality off-plan projects on time with highest expected return on investment (ROI). Being a buyer it is essential to do your research on the project developer, check out their track record, and see their previous projects – how they deliver? if the handover went on time? and how they manage any setbacks or risks i.g. change in market condition, etc.

Here are some of the most reputable property developers in Dubai.

Emaar Properties – the developer behind some of the most iconic structures in Dubai including The Burj Khalifa, The Dubai Mall, and The Dubai Fountain to name a few.

Dubai Properties – the developer behind some of the most prestigious residential projects in Dubai. Offering a portfolio of projects in areas such as JBR, Business Bay, Dubailand, and Culture Village. Some of their projects include Dubai Wharf, 1/JBR, The Villa, Manazel Al Khor, and The Executive Towers to name a few.

Nakheel – the developer of Dubai’s famous man-made islands such as the Palm Jumeirah, the World Islands, and Deira Islands as well as luxury malls and hotels.

Damac Properties – one of the leading luxury developers in Dubai, delivered over 20,800 homes and a development portfolio of more than 44,000 units across the country.

Meraas – the developer of various residential and tourist destinations in Dubai including La Mer, Bluewaters Island, BoxPark, City Walk, Jumeirah Bay, and Al Seef to name a few.

Yes, you did research on these developers but have you figured out your reasons and purpose for buying an off-plan project?

  What are your Reasons for Buying?

It is certain that you’re going to buy an off-plan project. However, you should clearly know your reasons. Is it purely for investment purposes? Like you’re taking advantage of the current market and sell it in when you see opportunity in the future. Or as an end user where you would want it to be your own home.

Take into consideration that some off-plan projects are more suited to investors while others cater for end users. Once you identify your purpose, it will help narrow down your choices and you’ll be able to get the right property tailored to your needs.

  There are Risks, however.

Buying an off-plan property in Dubai has its pros and cons. It is true that off-plan properties have several risks and factors that affect the construction of a particular project.

Here are few things you need to look at when buying an off-plan property in Dubai.

Project delays – the most common issue is that a project will be delayed. It may take few years after its due date for the investors to receive their property because of certain issues while some projects have been cancelled i.e. construction issues, market condition, etc. Quality risk – do not just rely on well-presented brochures, some developers do cost cutting and it doesn’t always turn out the way you expect it. Go for developers with a strong reputation of providing best quality properties.

Market risk – this type of risk occurs in all markets across the world. It happens when purchasing an off-plan, you will risk a decline in property values between the time you pay the booking fee and when receiving the keys for handover.

Financial risk – buying an off-plan property usually comes with a payment plan and you need to keep up with the date of payments. However, the risk can be a sudden change in your financial circumstances i.e. you lose your job, interest rates might increase, and insufficient mortgage loan.

In order to minimise these risks, the Dubai government has introduced numerous measures catering both developers and investors.

The Dubai Land Department (DLD) and its sub-agency Real Estate Regulatory Agency (RERA) deal with all property transactions in Dubai. The sector introduced numerous regulations which must be met by both developer and investor relating to service and transfer fees, breaches of the sale contract, and the role of escrow accounts for every purchase of off-plan properties in Dubai.

Also read: How Does An Escrow Account Work For Off-plan Homebuyers?

Also read: New Law Adjustments For Buyers Who Breach Off-plan Contracts

With so many off-plan property options available in Dubai right now, you’ll definitely locate which type of property will fit your needs and requirements. You just need to educate yourself about the risks and rewards of buying an off-plan property and weigh your options appropriately.