Real Estate Market in Dubai - a Go-ahead Property Market

by Jeni Smith Real Estate

Dubai is among the leading preferences for people who wish to empower in foreign Real Estate. The most progressive of the 7 parts that make the United Arab Emirates recommends excellent investment opportunities. A short journey and you are in a land of sun as well as progress. Dubai is a place with an monetary growth rate of 6% to 8%t, a 50% budget surplus, excellent architecture, modern infrastructure, and a booming Real Estate and construction industry. Other than Dubai no other place in the world has the sort of Real Estate market.
A lot of the real estate property is still in the form of plans on paper; however, already the sale as well as purchase of these properties is good business. There are numerous properties that have already seen many owners despite the fact that construction has not even initiated. People are making money from real estate market Dubai that is just land with nothing on it.
Due to aspects like these Dubai has become the most excellent place for endowing in foreign Real Estate Investments. You just have to take a look at the Dubai skyline and realize why so many people are excited about property there. Dubai Property Broker provides some of the highest standards of living compared to any other part of the world and this only spurs on the Real Estate market growth.
Dubai is centrally located in the Middle East making so it’s a convenient location for business meetings amongst surrounding countries. Because of the great business infrastructure it has also gained a good corporate existence which leads to excellent employment opportunities. This results in an even stronger economy because of the companies as well as jobs.
Today ownership is allowed only in the freehold areas. All over else you can only get 99 year leasehold that is the adjoining you can come to ownership. The good news is that because of the excellent response to freehold property ownership in Dubai other emirates like Sharjah, Ras Al Khaimah, and Ajman are also permitting foreigners to own Real Estate. Moreover, anyone who buys property anywhere in the United Arab Emirates is automatically granted a residence permit too.

About Author

Bluechip is one of the fastest growing companies with an objective of acting as professional Dubai Property Broker for buying, selling & leasing of residential and commercial properties in UAE. It is managed by property experts from UK. We specialise in all Dubai Freehold Properties and other all Real Estate Property in UAE and our clients include UAE residents as well as overseas nationals.

For more information Please visit:- http://www.bluechiphome.com