Monday 27 October 2014

A wise investment decision is buying apartment in Dubai.

Dubai offers distinct lifestyles. The area and community of residence makes an immense difference. A serene lifestyle can be enjoyed in one of the Emirates Hills communities, a private beach on the Palm Jumeirah can offer something very special, a plethora of retail and dining experiences within walking distance is on offer at the Dubai Marina and a more affordable and bustling vibe can be found in places like Deira and Downtown Burj Dubai. The market for Dubai rentals apartments has been largely dominated by demand from new tenants moving here from abroad.


Tenancies are usually a minimum 12-month contract of which the entire rental sum is paid up front or in two lump sums, half at the outset of the agreement and the remainder after six months. From Studio, 1, 2, 3 Bedroom to Duplex; Dubai offers a variety of rental apartments. Some are sea facing, while others are closer to the Business Bay area. New tenants have the option to choose from fully/ semi-furnished apartments. Generally a fully furnished apartment comes loaded with features like 24 hours concierge, central air-conditioning and heating, parking spaces, electricity back-up, fully equipped kitchens, built-in wardrobes, broadband etc, apart from other facilities like Jacuzzi, gym, sauna, swimming pool. So rental apartments in dubai market is growing steadfastly as tenants continue to choose from numerous offerings.
It is being increasingly seen as a place one can base long-term. So people’s mindset nowadays is towards investing in a house or apartment. The purpose behind a purchase can greatly affect what type of property one should consider. From verdant-gated communities to lively waterfront living, one can buy apartment in Dubai depending upon their budget, lifestyle or work needs.



Dubai property market is buoyant and attracts investment from around the world. Property experts assert that it is fast at absorbing all the new supply, which the overall infrastructure development is bringing along. With rising demand for high-end community living, investors are seeking unique community villa projects with equal enthusiasm as they are lapping up apartment homes. The result is, springing up of multiple plush projects. E.G. in Palm Jumeirah, The Palm Gateway is a three-tower waterfront leisure complex with more than 1,300 homes that will be spread across 5.5 million sq ft. Then there’s Jumeirah Heights Fronds, a residential project in Jumeirah Islands. Close on the heels is ‘Midtown By Deyaar’ that will be spread across 5.5 million sq ft, and features 13 residential buildings.  The best selling residential properties in Dubai includes apartments and villas. 

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