Activity

Dubai is an ideal place to work and live. That is one place that grows day by day with regards to construction of new buildings. Dubai real estate prospers year after year even though there was a surge in the property market during the past few years because of recession. Dubai is the greatest spot to live. The soaring number of immigrants every year is the proof for it. It is just a hub of most modern lifestyle and accommodation. Noted builders and developers thrive in Dubai by competing with each other in building the very best villas and apartments anyone can offer. Therefore Dubai real estate agents and investors consider this as the ideal place to invest in the house sector.

Property Investment in population before recession badly affected the Dubai property sector, causing a steep fall in rent prices. But by the final quarter of 2010, the situation seemed to improve. Though property development is really a usual process in Dubai,, it isn’t very easy to obtain the ideal property investment because the choice is oceanic. Branded residences and investigations only will cause you to make the best Dubai owning a home. Property investment is also directly proportional to the finance you can bear. Dubai property market snapshot:

Residential Rents:

? Average apartment rental price down 8.2%, weighed against 11.8% Q2 2010.

? Average villa rental price down 4.2%, weighed against 6.1% previous quarter.

Residential Sales:

? Average apartment sales price down 8.7%, compared with 5.7% Q2 2010.

? Average villa sales price down 4.3% compared with 4.7% Q2 2010.

Property Investment :

? JLT, Emaar Square, Business Bay and TECOM rents remain stable from Q2 2010.

? DIFC offers highest rent in the Emirate at around Dhs250 per square foot.

Industrial:

? Prime Industrial rents remain stable Q2 2010 – Q3 2010.

? Al Quoz and Jebel Ali offer highest rents around Dhs30 per square ft.

? The international property investor has re-entered the market, attracted by the bluechip logistic occupiers.