Posts tagged: real estate

Dubai Property Options

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

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

Features of The Pad:

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

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

• Facility of video conferencing in the dining rooms.

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

• Modern equipments provided for a healthy living.

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

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

Rotating tower for the first time in Dubai Property Market

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

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

Dubai Property - Dubai Real Estate

We are known in Dubai as the Palm Island specialists,having dealt with these fantastic man made islands since they were launched by Nakheel a few years ago. Therefore,if you’re looking to buy a nice little mansion by the sea with the height of luxury,then here’s some Dubai real estate that you should take notice of Palm Jumeirah’s and Palm Jebel Ali signature villas,garden homes,garden villas,water homes and shoreline apartments are the fastest moving properties on the local market here at the moment,with many fantastic investments for the high net worth individual.

They may not be what everyone wants,they probably aren’t what a lot of people can afford,but to all those investors that like the idea of living on an island in a really big house (I’m guessing most),then read on as we will give you a taster of what is out there.

The Palm Jumeirah,phase one of the Palm trilogy is located just off the beach after the Burj Al Arab (large hotel that looks like a sail) in the up market Jumeirah area and is already home to the residents of fully completed sections,these are called “fronds”. If you have seen the pictures of the fronds,you would probably think its just rows upon rows of bland houses stuck together to maximize the numbers,however,upon closer inspection it’s not really so as all the properties have a unique look or theme to them. Sure,there are quite a few houses but it is a really big tree shaped island and a one of a kind top notch address. Remember though that each of the signature villas comes with a private swimming pool and,best of all,private beach for all you sea lovers. Also keep in mind that the land area for each villa is much larger than the area for the house which is called “built up area”,meaning looks can be deceiving and you actually get more space than you would think. So if you have a plot of 13,000 square feet,and your house takes up 8,000 square feet,you still have a good 5,000 square feet of garden to play around with as you wish with features such as barbeque area,kids play ground and the like.

There is a huge gap between demand and supply of villas on the Dubai property market now,it’s no wonder that the signature villas on the palm have been so popular. They have the name ‘signature’ because owners can choose the fixtures and fittings of the house according to their tastes some of which we will list below to give you examples,and there are so many different exteriors to choose from too,your house is nothing like your next door neighbours’,which of course you would expect when you are paying top dollar like this. A variety of these different styles are available on our site,if you click here.

Dubai Real Estate investment is a difficult decision no matter how much experience you have in the market,no matter where you buy and the best way to get the right property is to find out as much information as you can beforehand with research. Since these signature villas are,for the most part,finished,why not go take a look and judge for yourself with a drive out to the Palm,which can be arranged by us on a VIP tour. Any good real estate broker should always advise you to explore all your options before buying,especially in the Dubai property market because it is so new,and we certainly do!

Advantages of Property Investment in Dubai

One of the reasons why Dubai continues to grow and thrive is that it is such an amazing tourist destination for the majority of European travellers. The impressive five year plan for growth and development initiated by the Dubai government makes Dubai quite attractive to investors worldwide. At the same time financing in a foreign country can be tricky at times. But Dubai is a good arena to seek financing because of the foresight of the Vice President and Prime Minister of Dubai,His Highness Sheik Mohammed Bin Rashid Al Maktoum in creating a secure financial law that protects both borrower and lender from all sorts of malevolence.

Investors who wish to invest in Dubai should choose well-backed planned properties that go along with the government’s scheme for mass development and beautification of the city to off plan properties that provide a more affordable means of entering the real estate market in Dubai. Applying for financing on Dubai properties can be done directly through their infrastructure for quick,easy and secure transactions that will get you into the action in the most competent manner possible.

One of the most important advantages of financing Dubai property is that investors are never subjected to some of the hidden fees that often complicate real estate transactions in other parts of the world. Moreover tax advantages are incredible when financing Dubai property as there are no taxes on capital gain or income taxes assessed on residential or commercial rental properties in the UAE.

The most important reason is to invest in Dubai is financial security. At a time when real estate,housing,and mortgages have lost their overall future value that they once held,this is the one spot in the world where owning land remains a secure and clever investment.

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