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Dubai real estate

Dubia is set to be one of the worlds most visited locations for business and for pleasure. Today Dubai has the worlds cranes constructing huge amount of real estate. Futuristic buildings whole cities and prime investment property. The future demand for Dubai. From the world first purpose built sport city to a theme park larger than Florida Disney Property in Dubai is set to increase in value in the short term future. At this stage much Dubai rral estate is available off plan or pre construction meaning profits are made on completion. 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.

 

Freehold title on real estate

 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 Market

The Dubai property market has established itself as one of the most exciting and innovative in the world, and it continues to surprise Dubai residents and real estate investors with a new developments. From the start of freehold property law in 2001, the market has grown to include an extensive number of developments that are finished, under construction and yet to begin, allowing Dubai property investors the choice of buying a finished property, or investing off-plan, which can sometimes be cheaper.

At Propertyportal.ae, our mission is to help you find your perfect Dubai property. We have a large number of listings from respected property owners and landlords, with the most competitive prices on the market. By using our simple online search box at propertyportal.ae, buyers can search for the properties they want according to budget, type of property and the development you wish to buy from. We also have professional property agents ready and waiting to deal with any queries you might have, as all our staff have a thorough knowledge of buying, selling and renting residential and commercial property in Dubai.

We are constantly updating our portal adding new Dubai properties as they hit the market, in order to offer our clients the largest possible choice of quality property in Dubai. Finding your dream Home in Dubai couldn’t be easier! Searching for freehold and leasehold villas in Dubai, apartments right in the heart of the city, or a truly luxurious property is so simple. We have listings for all of the Dubai property market’s leading developments, including: Emirates Hills, The Springs, Jumeirah Islands, The Meadows, Dubai Palm Island, Dubai Land, Jumeirah Lake towers, Dubai Marina, The Greens, Dubai Palm Jebel Ali, Old Town, Burj Dubai, Sports city, Discovery Gardens, Dubai Lagoons, Business Bay, Sheikh Zayed Road, Bur Dubai, Deira, Downtown Dubai, Arabian Ranches and many, many more. We have such a vast collection of properties, which offer different specifications and features, you’re sure to find what you want.

Propertyportal.ae will help to find the right property in Dubai for you in the most dynamic and emerging property market of the Middle East today! Our specialist advisors only deal with elite Dubai properties from the most respected international property developers in Dubai, and we have the resources to assist you in finding your perfect Dubai property, depending on your budget, at the best price possible.

So if you're looking for a villa in Dubai an apartment in Dubai, or even something a bit out of the ordinary, we can help you find the a property that meets all your wants and needs. We can also offer information regarding mortgages in Dubai, legal matters with real estate, property locations, investments in Dubai, or the best developments to get a house that is ready for your immediate occupation. Please feel free to e-mail us with any enquiries or contact us directly with your questions, we are only too happy to assist you in buying the perfect property in Dubai.

 

Resources

Dubai & UAE Property Portal

Dubai Property

Overseas property Advice Blog

Dubai Guides , real estate and information

Dubai Real Estate

Dubai Property Real Estate

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