The temperature is continuing to rise in the Dubai property market, with hot new developments selling out in hours. But as speculators buy and sell property frantically, banks and builders try to slow the market down. Just how stable is the property market in Dubai.
Never has there been such an ambitious and creative drive to establish a property market as has been witnessed in Dubai over the past three years. Running short on oil reserves, Dubai’s crown prince, Sheikh Mohammed Al Marktoum, set out to turn Dubai into the financial, commercial and tourism capital of the Middle East and in the space of three years he has more than succeeded. The country’s GDP has expanded by 17 per cent over the past year and HSBC Bank estimates that there is $42.5 billion worth of projects under construction, compared with $20 billion for the rest of the neighboring oil states put together.
The result has been the rise of Dubai as the world’s most glamorous property investment market. Nothing in Dubai is understated. With real estate as out of the ordinary as this, it’s not difficult to see why Dubai’s property market is attracting such large-scale international interest.
A comfortable and luxurious accommodation in Dubai is the dream of every person. That’s why this city offers multiple opportunities for investors and buyers in the shape of rent villa Dubai, villas, apartments and many other real estate available for sale of for rent in Dubai.
Among Dubai’s best real estate developments, Palm Jumeirah is one of the best and unmatched real estate developments in Dubai. As mostly developers of the Palm Jumeirah boldly declared it as the Eighth Wonder of the World even before it was officially finished and opened for occupancy.
This most beautiful and best real estate development allow you to choose an aparment rent Dubai, villa or a furnished home for a comfortable stay along the beach side. The Palm Jumeirah is littered with the finest hotels and restaurants in all of Dubai. One of the most famous places in the islands is the Atlantis Hotel where visitors are treated to a choice of different culinary choices such as Oriental, Western, European, Middle Eastern, or anything that a visitor's palate desire.
Not only this, Dubai real estate market offer you a range of world’s best accommodation is located along the fronds of the island, center of the city and Dubai’s best places. This city not only offers you a perfect accommodation for a memorable holiday but it also offer you many opportunities to start a profitable business. Just choose your favorite office from a range of offices in Dubai start your business today. There are multiple websites available that can easily guide you to choose a best and perfect accommodation for your stay in Dubai.
Invest and manage Dubai real estate with the real estate leaders. Elysian real estate helps you invest in Dubai properties and buy, sell and rent apartment Dubai. With a team of industry professionals Elysian real estate offers villas in Dubai and villas for rent Dubai to all your Dubai real estate needs.
Related Articles -
villas in Dubai, villas for rent Dubai, rent villa Dubai, aparment rent Dubai,