DUBAI PROPERTY – REAL ESTATE IN DUBAI

Real estate in Dubai is becoming a great investment for foreigners after laws preventing foreigners from purchasing property in Dubai were lifted, the increase in tourism has led to an increase in the amount of foreigners wanting to purchase property in Dubai and the Dubai government offer 100% freehold on certain property in Dubai and a residents visa can be obtained for all members of the family who purchase properties in Dubai. Dubai has diversified from an oil based economy to tourism and real estate in Dubai and the three Palm Islands of Jumeira, Jebel Ali and Deira, are set to become the largest man made offshore structures in the world. These islands will be home to some of the tallest residential towers and hotels with unbeatable luxury and state of the art technology, including shops and holiday resorts. Real estate in Dubai is set to boom, the cost of Dubai property will inevitably increase in value as more and more foreigners choose to purchase Dubai property as holiday homes, or relocate.

Dubai property is in great demand with local government encouraging foreign investment, developers are trying to keep up with the demand for real estate in Dubai with more and more investors showing an interest in getting a foot hold on the ladder of property in Dubai. The vast majority of Dubai property is built to the highest specifications, with the emphasis on luxury living, whether investors choose an apartment in one of the tallest towers in the world, or choose a villa, the quality of the materials used to construct these types of Dubai property is the same, property in Dubai is influenced by technology with state of the art exteriors and interiors. The cost of property in Dubai is good value for money when purchased before construction, once completed the value of the Dubai property will have increased quite considerably and as Dubai is becoming a popular tourist destination the rental potential of any of the property for sale in Dubai is high.

The quality of the interior of the Dubai property whether buyers choose an apartment, townhouse or villa is unmistakably luxurious, floors are tiled throughout as are the walls in the kitchens and the bathrooms in all Dubai property. Kitchens and bathrooms are fitted out with quality fixtures and fittings and provision is made in the kitchens for such appliances as fridge/freezers, dish washers and washing machines. The exteriors of villas and townhouses have an Arabic look about them, however the apartments in the towers are unique in their structure consisting of steel and glass, all property in Dubai comes with a balcony or terrace all with stunning ocean views and some with views of the Marina. Property in Dubai with private gardens have a swimming pool installed and some Dubai properties have a barbeque area, Dubai property in the towers have on-site facilities such as fitness clubs and sauna, real estate in Dubai is fitted with state of the art air conditioning, lighting and security systems.