About Dubai      

Dubai is one of the seven emirates and most populous city of the United Arab Emirates (UAE) where a large percentage of the population comprises of expatriates.  Thus, it is a rapidly growing cosmopolitan city with a diverse and multicultural society.

The government’s decision to diversify from a trade-based, but oil-reliant, economy to one that is service and tourism-oriented has made real estate more valuable.  Large scale real estate development projects have led to the construction of some of the tallest skyscrapers and largest projects in the world such as the Emirates Towers, the Burj Dubai, the Palm Islands and the world’s tallest and most expensive hotel, the Burj Al Arab.

Why Invest in Dubai

New Market Real Estate has a wide selection of properties in Dubai and throughout the UAE.  Either for off-plan or resale, from studio apartments to luxurious ocean side villas, from commercial offices and retails spaces to land plots, we offer the finest estates that property consultants can present.

At the launch of each new project, New Market Real Estate is able to provide prices and detailed information of the properties which currently a majority of which comprises of new residential estates.

The secondary residential market is also now taking shape.  Already, there is a large and active real estate sector handling private property sales, as well as completed projects.  It is possible to transfer an under construction property between owners, and there is a flourishing market for those who which to take earlier occupancy.

So far, the level of demand for residential properties has resulted in a very respectable rise in its value on the market.  However, always remember that properties should be considered as a medium to long term investment.  Also, the enjoyment and experience gained over many years of home ownership should make buying a home more than a basic financial decision.

 

Working and Living in Dubai

Currently many residents are buying properties in Dubai as they have already considered living here, moving out from rental accommodation to investing on having their own property contributing towards their future prosperity.

Overseas visitors are also rapidly discovering the high quality of life available.  Some seek for a comfortable and convenient base for family holidays while others recognize the benefits of owning a property here as a potential retirement retreat.  Also, many investors have identified the potential of owning a property in order to earn a favorable rental income as well as excellent capital growth.

Options include from a luxurious villa at ground level to a futuristic apartment building which soars hundreds of meters into the blue Dubai sky.

Whether one prefers either city living, waterfront locations, desert setting, championship golf courses, an equestrian centre or even a clutch of man-made islands; with architectural designs ranging from Arabic, to Hispanic, to Western, etc. it’s all waiting in Dubai!

Copyright 2008 © New Market Real Estate