Dubai Villas – The Most Beautiful Spot For Accommodation

Dubai used to be a desert and it had no advanced technology and even people never thought of Dubai to develop according to the modern age. Today, Dubai stands tall among the most advanced countries as it has developed and achieved everything that is required in a major cosmopolitan city anywhere in the world. Dubai has reached to the advanced level in term of all the imaginable facilities and amusement opportunities in life and the commercial and business find Dubai as the hub. The construction work constantly takes place and the projects reach to their completion smoothly on scheduled time. This is the reason you can see the plenty of shopping malls, hotels, villas, apartments, etc. you can also buy apartments for sale Dubai and it is the best option for the ones who like luxurious life. But be sure that you come with a strong budget limit if you wan to rent villa Dubai.

There is a huge range of mansions, hotel apartments and villas available with gated as well as isolated compounds. Most of the tourists are immensely delighted when they sight the estate of Dubai first time. It is a place full of modern architecture with the traditional houses and ancient wind-towers. The new construction of buildings is amazingly incredible and for a moment it is difficult to believe if they are for real. The construction work has made fortune for many companies and the real estate market really boomed on account of the development of tourism industry.

The villas are a joy for the tourists and visitors as they are fully equipped with everything and the best villas are the ones close to the seaside and in the man made marinas like Dubai Marinas. The invertors have really mad huge money by investing in the construction works and this is why you can look for villas for rent in Dubai as the investors put their money in them and retained their profits in term of monthly income.

When you plan to have the villa on rent, you need to observe and analyze some important factors beforehand. The first and foremost factor includes the choice of the real estate agent as the agents of real estate service can get you the best deal because they know all the pros and cons of Dubai villas in detail.

The other factor to check is the vicinity of your required place and there are two aspects to consider when you ask about the surrounding areas. The first is about the on going construction in that area. You can see the on-going construction most of the places. In fact, it creates a lot of noise and it may disturb your vacation and stay, bout the good thing about the development that they are quickly completed. So you must leave it on the basis of this reason, but it is better to have the idea about it so you may take a better decision.

The other factor to consider when you rent rent in Dubai is about the nearby places like shopping malls, airport, beach, amusement points or any other place which you consider important.

John Parker is expert analyst and market researcher on apartment for sale Dubai and apartments in Abu Dhabi Market, he writes Dubai property articles. He works for Elysian Real Estates, one of the most growing real estate firms in UAE.

History of Remarkable Growth In Dubai

The current history of Dubai has seen a charming change from regional trading port to the city of the future which we see today. Dubai is now one of the worlds most advanced and progressive cities with one of the world's most vigorous real estate markets.
The main turn for the Dubai property market happened 2002, when it was made legal for foreign nationals to own property in Dubai on a freehold basis, something which was not before available. An necessary part of Sheikh Maktoums 'Vision of Dubai' this alteration in real estate legislation was seen as an active encouragement to the international investment community, who took up the offer in substantial numbers. In 2006, the changes of the land law in the Emirate allowed foreign nationals the right to register their freehold property which proved to be a real catalyst to large amounts of investment into the Dubai property market.
As well as the changes to real estate legislation, the authorities in Dubai have looked to draw considerable overseas corporate investment in the region via the creation of a highly attractive set of commercial incentives. The creation of these free trade zone environments proved highly successful, and resulted in large numbers of companies relocating to Dubai to advantage of the favourable taxation and trading environments on offer in the emirate. Today, there are over 20 world-class free zones in Dubai including the Jebel Ali free zone and Dubai Media and Internet City. These free trade zones offer companies relocating to Dubai a range of commercial benefits including 100% foreign ownership, 100% corporate taxation exemption and 100% import and export taxation exemptions.
The result of the growing popularity of Dubai, both in tourism and as a commercial trading environment, has certainly resulted in a large increase in the population. Today, over 1.5 million people live and work in the emirate, which has only served to increase the demand for all types of property in Dubai, both on a short term and long term basis.

Property Buyers in Dubai Need to be Cautious

Property Buyers in Dubai Need to be Cautious
While there is an immense variety of real estate in the Dubai property market, anybody who wants to have a home here needs to be careful when buying, as there are risks as in any real estate market. These risks involve poor build quality, unregistered developers and over inflated real estate prices.
Poor quality
This should be a main concern for property buyers, particularly long time residents that know how a low quality construction job can affect the property. There are recent reports that because of the inflation of concrete, some constructions are cutting corners, resulting in sloppy building work and severe compromise on the long life of the property. If you want to buy a home, be sure to buy from a reputable developer when purchasing your Dubai property.
Unregistered Developers
Perhaps you get surprised by this, but a number of developers that are in service and selling freehold property are not in fact registered with the Dubai Land Department that is in charge of the Dubai real estate sector. If you are interested inreal estate purchase, be sure to ask for proof that the company is registered, which they should be able to confirm with a registration number and registration card.
Over-inflated real estate prices
This is true that there is inflation in the market, but that doesn't mean you pay more than needed. Some property buyers may face a situation where the broker or seller of a property they want is trying to charge above the market price, and if this is the case, then don't hesitate to argue

A Wonderful Job by Dubai Land Department

With all the new buildings coming up in Dubai, land accessibility is becoming limited. So, the Dubai land department is actually serving the land process quite a bit. This land department is made-up to take care of all the land transactions as well as the scarcity of land issue.
The Dubai land department permits the adding up of land. For example, the combination of multiple pieces of land is called addition. Given the current trend in land usage, land addition is the only solution to the problem. Otherwise there is no way to build bigger buildings..
The Land department of Dubai gathered a whole bunch of data regarding land acquisition as well as land maintenance. The Land Department keeps track of the top 20 communities of the area. If you go to the website of the Dubai land department, you will find Daily transactions, monthly transactions, fees, schedules and various services related to the Dubai land.
Being one of the seven Emirates in the UAE, Dubai is actually a great location for buying land. This is probably one of the richest places in the world. So, it gives you all the more reason to buy land or rather acquire land in Dubai.

Tips for successful property deal in Dubai Real Estate Market

With all of that said, Dubai has been on the vanguard of creating foreign-friendly real estate laws that encourage the investment in real estate by foreign nationals. First and foremost, the laws in Dubai have been reformed to make it abundantly clear that a foreign national can purchase and own outright real estate within that country. A foreign national can obtain a freehold interest (as has been discussed previously) in real estate in Dubai.

In Dubai, the first step in buying real estate is an oral offer to a seller. In Dubai, a foreign national needs no special permission to make the purchase of real estate in that country. In addition, unlike some countries (including some in the Middle East region of the world), a foreign national can own real estate directly and does not have to bounce through an extra set of hoops towards the goal of buying and holding real property.

Buying Property in Dubai - Are You Sure?

Property in Dubai has had investors rushing for off plan deals provided by developers in the region building numerous Dubai projects. The attraction of affordable luxury living, a tax free environment, predictions that point toward good capital growth and being part of the world fastest growing city make Dubai an attractive proposition.

About Dubai

Dubai is one of the seven emirates that make up the United Arab Emirates. This location has been a hot market for luxury property in the past few years. Dubai is the most populated and second largest United Arab Emirates. Dubai has been seeing enormous construction and has attracted several real estates projects.

Large projects in Dubai include offshore property such as the Palm Islands and The World. Inland projects include Dubai Marina, Dubai Waterfront, Business Bay, Dubailand and The Burj Dubai Complex.

These overseas property complexes feature the innovative and ultra-modern architecture of the skeikh. These properties are home to skyscrapers such as Emirates Towers and the Burj al-Arab. The Burj al-Arab is located on offshore property in the Persian Gulf. The Burj al-Arab is currently the tallest hotel in the world.

Dubai's Emaar Properties is working on another tall structure that may be the future tallest structure in the world. The final height of the skyscraper is a secret and is expected to be completed in 2008. The skyscraper will be called the Burj Dubai. The company is also building the world's largest shopping mall called the Dubai Mall.

Business Bay is also a very prominent piece of property in Dubai. The new business district is to be home to five hundred skyscrapers, all of which are going to be built on land that was lifted from the Dubai Creek.

New laws mean more buyers Duabi has been an attractive place to invest in overseas property the sticking point for some time has been the confusion concerning freehold laws in Dubai. New laws now allow foreigners to own the freehold of certain real estate in Dubai. Since the announcement on March 12 2006 that non United Arab Emirates nationals may be given the right to own freehold properties in some parts of Dubai, massive interest has been stirred in overseas property investors. Demand is surging and real estate is in short supply many off plan developments sell out in days of release.

Freehold in Dubai Foreigners will have the right to lease or purchase the land, after getting approval from the three master-developers, Emaar, Al Nakheel, and Dubai Properties. Land will be registered in the name of a foreigner only after the developers submit a no-objection letter, stating that all the payments for the transaction have been made in full. There are three kinds of ownership proposed in the legislation: freehold, usufruct, and common hold. The owner will have complete ownership rights over a free hold property and the building in this case will be in the owner's name. The second category is usufruct or long-term lease. The law characterizes 'usufruct' as the right to use another's property short of destruction or waste of its substance. The right of usufruct, as per the law, should not be for less than five years. This will most probably be a long-term lease whose maximum validity period will range from anywhere between 50 to 99 years. Common hold allows leaseholders to dispense with their landlord and obtain a share of the freehold.

Dubai property why some say no

Property in Dubai is expanding so quickly and at such large volumes some investors are worried that Dubai may have an over supply of real estate. However these investors are not looking past the next 3 years and over the medium to long term Dubai is set to offer sound investment potential. Increased tourism and a growing expat population will meet the demand that investors need to benefit from their Dubai property.

Dubai is working on building their tourism industry and they are also building massive and monumental properties such as Dubailand in order to attract foreign tourists. They are also working on building their cultural environment through the construction of the Dubai Cultural Village. The development will include performing arts centers, art museums, libraries, schools for music and dance and rare bookstores. The Madinat theatre is one of the most significant and luxurious theaters in the region and will host numerous West-End productions.

Dubai is working on quickly becoming one of the premier locations to own luxurious overseas property and they are making it very attractive with their monumental skyscrapers and offshore properties. They are building a dream and they hope to attract attention from all over the world.

Realty boom in India

The real estate market in India is on upturn. The property rates are soaring up on one hand and there is demand for more properties on the other hand. India has become an investment hub for anyone who wants to reap high returns from this property boom.

It is the right time to invest in real estate market in India. There is unprecedented growth and real estate prices are skyrocketing in the major cities of the country. All around development is very much visible in the form of skyscrapers, shopping malls, office complexes, and residential apartments mushrooming everywhere. Most of the development has happened in the big cities like Delhi, Mumbai, Bangalore and Hyderabad.

There has been rapid development in these cities with more and more industries lead by software and IT-enabled companies getting established there. Huge shopping malls, multiplexes and multi-storey office complexes are common site here. These malls and complexes are of world class quality and can be compared to those in the west.

This growth in real estate is directly proportional to the growth of industries and employment opportunities. With the opening of industries, there is a rise in working population and demand for commercial property in India. There is significant hike in the purchasing power of the people and as a result of that there is an increase in demand for residential properties too.

People have realized the fact that investing in real estate is much safer and gives hives a higher rate of return as compared to other investment options. Banks and financial institutions are offering housing finance at very attractive terms. All those who do not have liquid cash but wish to own a property can approach these banks for loans. This would enable them to own a property and repay the loan amount to bank along with applicable interest in easy installments.

The Indian realtors are also getting professional in their approach and are adopting innovative ways to serve the customers. Nowadays, realtors also provide online services to access larger customer base and to advertise the properties available with them. We also get to see specialized commercial and residential realtors.

The Indian government has also supported this growth of real estate in a major way. It has made real estate lucrative for foreign investors and NRIs. NRIs have been pumping in lots of money in the real estate and are enjoying high returns. In a nutshell, real estate has proved to be a boon for all investors.



About the Author
Rakesh Malhotra, an associated editor to http://www.indianrealestateforum.com. Indian Real Estate Discussion Forum help you to exchange ideas on various issues related to commercial and residential properties in India and its various cities like Delhi, Gurgaon, Noida, Mumbai, etc.