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Real estate market in UAEExpand / Collapse
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Posted Monday, June 09, 2008 3:29 PM
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Dear All,

As I am first one who start the UAE forum. I would like to start with introduction of Dubai, UAE. Dubai, one of the seven United Arab Emirates, is considered to be one of the desirable real estate opportunities in the world. Dubai is the fastest growing city in the world, one-third of the cranes in the world are currently being used to build in Dubai. Dubai has also been rated by Interpol as one of the safest countries to live. Dubai is fast becoming the premier vacation and tourism destination of the region. Over the past decade the number of visitors to Dubai has grown from 1.08 million to 5.4 million, representing a growth rate of 16% per year. Dubai has been by far the largest emirate in terms of real estate activity, and has also witnessed the highest escalation in rents, and prices. Currently, demand is huge and supply is not enough to cover this demand in the residential and commercial segments considering the economic boom, the high growth of employment.
Investors do not loose this opportunity with largest privet master developer in the Middle East
Big range of freehold properties, available all over Dubai and Abu Dhabi.

let me know if you are interested.

Best regards,


Best Regards,
Post #768
Posted Friday, November 07, 2008 8:45 PM
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I have to agree with some of the comments posted in this thread. Additionally it's not just the emirate of Dubai that is experiencing heavy development and construction, Ajman which is within a few miles of Dubai is also starting to move. A lot of smart investors have been investing in the U.A.E., Donald Trump has something like 3 hotels built and/or planned and we all know about his business savvy. U.A.E property is a way to diversify investment portfolios and there is no property tax there! Property laws changed this decade to allow foreigners to invest and own real estate in the U.A.E. which is real progress.

Akram
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