Archive for the ‘Real Estate’ Category

About Dubai Real Estate Sector

Friday, June 20th, 2008

Dubai real estate sector is a bustling property market on the international arena. As Dubai is a fascinating city where the modern is juxtaposed with the historic, it has risen to become a real estate hub with great residential and commercial spaces available.

Dubai offers some of the best duty-free shopping in the world. Its championship golf courses, superb water sports, sandy beaches, sophisticated hotels, bustling souqs where travellers and locals can bargain for gold, carpets and fine handicrafts, all combine to make it an exciting city to buy real estate in.

Property in Ras Al Khaimah: Oceana Apartments

Tuesday, June 17th, 2008

Every investor or genuine buyer looks for value from his/her hard-earned money. Some upcoming property in Ras Al Khaimah has already proven its worth. The residential complex of Oceana Apartments in Al Hamra village is a vantage property in Ras Al Khaimah worth investing in. The growing value of this residential property in Ras Al Khaimah has attracted good buyers. With the beach just 200 meters away from the residential enclave, it has homes with fantastic views. What’s also unique about this property in Ras Al Khaimah is that it is designed in Arabian heritage style. It is only seven storeys high, giving an uncluttered skyscraper look. From each side, one can get a good sea-view in this property in Ras Al Khaimah. Furnished studios, simple 1-2 bedrooms are best investment options here. This property in Ras Al Khaimah is slightly different from the other luxury villas. It is simple and affordable for middle class families wishing to have a second home as property in Ras Al Khaimah. Other features included in this property in Ras Al Khaimah are:

• Car parking bays for every owner
• Floor to ceiling glazing in living rooms
• Security cover
• Modern kitchens and bathrooms
• Direct beach access

Dubai Real Estate Regulatory Authority to Issue Property Price Chart

Monday, June 16th, 2008

Dubai’s Real Estate Regulatory Authority (RERA) has plans in the pipeline to issue a comprehensive real estate survey. The real estate price chart will consist of the rates of differing property bands within various areas of Dubai.

However, there is debate between real estate experts as to the effect the move will have on the sale-purchase and rental of Dubai real estate. One school of thought goes with the idea that the list by Dubai Real Estate Regulatory Authority will be used by landlords in that they will increase real estate rentals. So for those who own Dubai real estate, RERA’s endeavour is good news. On the other hand, the price transparency brought in Dubai real estate market by the Real Estate Regulatory Agency is something that will be enforced uniformly across the emirate.

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