Buy Property in Dubai by Real Estate Dubai Services
Dubai is the second largest of the seven emirates of the United Arab Emirates and because of its smart infrastructure and beautiful architecture; it has become a top most tourism destination and a commercial hub. The emirate offers uncountable resources and entertainments turning it into an amazing place to stay. The property in Dubai is much liked by the people whether they rent property in Dubai for accommodation or buy property in Dubai. The agencies of real estate Dubai are playing key role and offering a great quality of life to the people.
Till 2000 the local workforce in real estate Dubai was more than 522,000 and hence the generated revenues through are very high. Through the stunning property projects, Dubai has greatly attracted the attention of the people who can enjoy an ultra-modern standard of living as the city provides benefits of excellent universities, schools and medical facilities. A majority of property buyers are working for new or old Dubai property. The more property schemes are completed; there will be an increasing number of modern resale properties in Dubai and overall Middle East.
The process of buying property in Dubai is now much easier. To buy a new project, the process is carried out in such a way that the property purchaser reserves a unit and pays an initial deposit and the remaining balance is paid in stages until the completion date. Purchasing property in Dubai for international investors has been allowed since 2002. The most popular property destinations in Dubai are the Greens, Emirates Hill, Arabian Ranches, The Palms and some other which provide luxury options in Dubai property market. It is necessary for a property buyer to make a lump sum payment of 10 percent of the price and be allowed to get the excellent services and amenities for every day living. The cost of property in Dubai is really high, but as compared to the property in western world, it seems reasonable as it is providing a high and luxurious life standard.
A rapid upward trend in Dubai economy has been noticed due to property buying and selling. Due to this reason, the average increase in Dubai GDP has a growth of about 7 to 8 percent each year. People like buying property in Dubai because it is a dream destination and tourists just love the modern amenities readily available for cheap prices than their home countries, especially the Europeans. The real estate Dubai is a vast and major platform for all to buy, sell and rent the finest quality property in Dubai. If you are in Dubai for a short term visit, Dubai rentals are available at various locations where renting has become more affordable. The ability to rent property for short time period with minimum formalities makes it a highly tourist-friendly place. Those who are in search of rent property in Dubai can have it at most affordable rates. Due to the excellent Dubai features, Dubai is now among the well known cities of the world which is a favorite destination for VIPs, celebrities, Diplomats and others.
Mark Castellino - About Author:
Author Bio Mark Castellino is a seasoned traveler, educator and freelance writer. Fluent in many languages, he spends his time in Dubai working at Dubai Media City. Mark often comments about life in Dubai especially with regard to Homes for sale in Dubai and rent property in Dubai .
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