Dubai A Perfect Destination

Dubai is a perfect destination for family holidaying. The city hosts the world's richest horse race, million dollar lotteries, international tennis, golf tournaments and month-long shopping festivals. It sports the world's tallest and most lavish hotel - the Burj Al Arab, shaped like a billowing sail - perched on an artificial platform in the sea. Some the places noteworthy to mention are Creekside park, the Bird sanctuary, Wild Wadi Water park, an indoor ski resort, and The Gold Souk.

Here is a slew of other places and sites to see: Mina A' Salam at Madinat Jumeirah, Jumeirah Beach Hotel, Burj Al Arab Hotel, Le Royal Meridien Beach Resort & Spa, The Fairmont Dubai, Grosvenor House Dubai, Ritz-Carlton Dubai, Hilton Dubai Creek, Shangri - La Hotel, Al Bustan Rotana Hotel, Dar Al Masyaf at Madinat Jumeirah, Jebel Ali Golf Resort & Spa, Le Meridien Mina Seyahi Beach Resort and Marina, Hilton Dubai Jumeirah, Le Meridien Dubai, Hatta Fort Hotel, Jumeirah Beach Club Resort and Spa, JW Marriott Hotel Dubai, Traders Hotel Dubai, Sheraton Jumeira Beach Resort and Towers, InterContinental Dubai, Towers Rotana Hotel Dubai, Dusit Dubai, Grand Hyatt Dubai, Sofitel Dubai City Centre, Sheraton Deira Hotel and Towers, Golden Sands Hotel Apartments, Hyatt Regency Dubai, Crowne Plaza Hotel Dubai, Ibis World Trade Centre Dubai, Al Sondos Suites by Le Meridien, Movenpick Hotel Bur Dubai, Taj Palace Hotel, Le Meridien Fairway, Coral Oriental Dubai, Capitol Hotel, Four Points Bur Dubai, Jumeira Rotana Hotel, Metropolitan Palace Hotel, Sheraton Dubai Creek Hotel & Towers, Concorde Hotel & Residence, Le Meridien Dar Al Sondos Hotel Apartments, Palm Tree Court & Spa, Pearl Residence, Metropolitan Hotel Dubai, Regent Beach Resort Dubai, Regent Palace Hotel, Park Hyatt Dubai, Chelsea Tower, Orchid Hotel.

There are about 18 four and five star hotels around Jumeirah. A room costs between $100 and $1500. Near Dubai airport, there are three to five star hotels with room charges around $90 to $300. Bur Dubai has 28 hotels of two to five stars. Cost per room is between $77 and $640. Deira has more two to five star hotels with rooms costing between $70 and $225. Dubai Desert has two five star hotels with room rent costing around $200.

Dubai A Perfect Destination

Dubai is a perfect destination for family holidaying. The city hosts the world's richest horse race, million dollar lotteries, international tennis, golf tournaments and month-long shopping festivals. It sports the world's tallest and most lavish hotel - the Burj Al Arab, shaped like a billowing sail - perched on an artificial platform in the sea. Some the places noteworthy to mention are Creekside park, the Bird sanctuary, Wild Wadi Water park, an indoor ski resort, and The Gold Souk.
Here is a slew of other places and sites to see: Mina A' Salam at Madinat Jumeirah, Jumeirah Beach Hotel, Burj Al Arab Hotel, Le Royal Meridien Beach Resort & Spa, The Fairmont Dubai, Grosvenor House Dubai, Ritz-Carlton Dubai, Hilton Dubai Creek, Shangri - La Hotel, Al Bustan Rotana Hotel, Dar Al Masyaf at Madinat Jumeirah, Jebel Ali Golf Resort & Spa, Le Meridien Mina Seyahi Beach Resort and Marina, Hilton Dubai Jumeirah, Le Meridien Dubai, Hatta Fort Hotel, Jumeirah Beach Club Resort and Spa, JW Marriott Hotel Dubai, Traders Hotel Dubai, Sheraton Jumeira Beach Resort and Towers, InterContinental Dubai, Towers Rotana Hotel Dubai, Dusit Dubai, Grand Hyatt Dubai, Sofitel Dubai City Centre, Sheraton Deira Hotel and Towers, Golden Sands Hotel Apartments, Hyatt Regency Dubai, Crowne Plaza Hotel Dubai, Ibis World Trade Centre Dubai, Al Sondos Suites by Le Meridien, Movenpick Hotel Bur Dubai, Taj Palace Hotel, Le Meridien Fairway, Coral Oriental Dubai, Capitol Hotel, Four Points Bur Dubai, Jumeira Rotana Hotel, Metropolitan Palace Hotel, Sheraton Dubai Creek Hotel & Towers, Concorde Hotel & Residence, Le Meridien Dar Al Sondos Hotel Apartments, Palm Tree Court & Spa, Pearl Residence, Metropolitan Hotel Dubai, Regent Beach Resort Dubai, Regent Palace Hotel, Park Hyatt Dubai, Chelsea Tower, Orchid Hotel.
There are about 18 four and five star hotels around Jumeirah. A room costs between $100 and $1500. Near Dubai airport, there are three to five star hotels with room charges around $90 to $300. Bur Dubai has 28 hotels of two to five stars. Cost per room is between $77 and $640. Deira has more two to five star hotels with rooms costing between $70 and $225. Dubai Desert has two five star hotels with room rent costing around $200.

Dubai Vacation Property on Better Homes

As referenced previously, a growing number of people have begun buying and owing vacation property within Dubai. This includes foreign nationals who are turning to Dubai as a place to travel to for vacation or holiday purposes.

Because Dubai is one of the most stable nations in all of the Arab world, many more well to do people from other nations in the region are turning to Dubai as a location in which they can own second or vacation residences. In addition, a growing number of Europeans are also taking to purchasing vacation properties within Dubai. The trend towards the ownership of vacation property by foreign nationals in Dubai is expected to increase over the course of the next two decades, according to real estate analysts who have spend a great deal of time considering real property trends in Dubai.

Surge in Leasing Charges for Dubai Property

The current property boom in Dubai has sent rental charges rising upwards since the year 2002, at an average 37% increase according to The Dubai Municipality. The higher cost of living, unregulated rental increases and average 1.5% salary increase in the private sector, according to a study done by GulfTalent.com, has put a lot of pressure on Dubai’s tenants. To alleviate some of that pressure, the Government of Dubai moved to impose a rental cap of 15% in October 2005.
Considering the rapid increase in Dubai’s population that has swelled from approximately 800,000 in the year 2000 to 1.3 million in 2006, where it stands today, there is a shortage of residential apartments and villas for rent. This excess demand over supply has led to higher rental charges because property continues to be in short supply.
Despite the current shortage, the future of Dubai property remains extremely bright. Over the next three years an additional 84,000 accommodation units are expected to be ready for occupancy as new projects are completed. The addition of these properties is expected to help stabilize the marketplace for rents.
Investors who have put their Dubai properties out for rent yield an average of 8-9 percent on their property at the current market rate. Deemed a good investment, several new comers and existing residents in the city are seeing the benefits of buying their own accommodations, instead of renting.

Visit www.halconrealestate.com for buying, selling, renting, investing, managing and short-term renting your Dubai property.

Dubai Real Estate

By: Michael Aston

Much has been said about the phenomenal growth experienced over the past few years in the Dubai real estate market. Most that arrive in Dubai pontificate as to why the market does not operate on traditional real estate fundamentals and how it must be then set for a bust.
Contrarians seem to focus on the uniqueness of the Dubai market and stress the out of the box components such as population growth that is 3-4 times that of other developing cities around the world. Additionally the high yields achieved by investors presently 6-7% for long-term rentals and 12-15% for short-term rentals seem to justify the further capital appreciation in the market to reach the traditional lower yields achieved in more mature markets.
Is Dubai still a comparatively good value versus other markets? Let's take Singapore as an example. The average villa price per sq ft in Singapore is 1,050 AED and the average price for apartments is 1,350 AED per sq ft. Both Villas & Apartments in Dubai are on an average 10-30% below those #'s and be a similar regional hub would point to further potential appreciation in Dubai.
Another component driving Dubai real estate is high hotel prices and huge corporate and holiday rental demand for shortstay or short-term rental options. Many Dubai investors are finding that shortstay renting produces much higher than average returns and given average hotel rates of $232 US per night the demand is pushed to find alternatives.
For more information on Dubai apartments and villa rentals and furnishing options feel free to visit us at Better Homes LLC