Yaar Properties

Purchase properties in the best projects of Dubai and UAE

About Dubai

burj20dubai20tower201-full.jpgWELCOME TO THE DESERT’S MOST EXCITING CITY

Welcome to Dubai, city of merchants, cultural crossroads, second largest of the seven United Arab Emirates. A country where the dust of the desert is clearing to reveal the potential for one of the most significant international cities of the 21st century.

Wedged between Europe and Asia, buttressed by Africa, Dubai’s encouraging tax regimes, state-of-the-art telecommunications and sympathetic business environment have produced a country that is building energetically on the advantages which location, centuries-old trading savvy and oil wealth have given it.

sportcitymarinalarge1.jpgOriginally a small fishing settlement, Dubai was taken over in the 1830s by a tribe led by the Maktoum family, which still rules the emirate today. So began a trading empire based on gold, silver, pearls and spices. A fusion of Arab, Persian and Indian flair established Dubai’s business acumen.

There is perhaps no better place to delve into Dubai’s history than in the museum housed beneath the 180-year-old Al Fahidi Fort in Bur Dubai. Here the old is replicated using new technology.

dubai_marina_park.jpgFive star hotels in the city are recording high occupancy rates but the competition is hotting up with several new luxury hotels planned. Hoteliers are keen that perceptions about Dubai do not suffer from negativity associated with some other Islamic countries in the Middle East.

Siggi von Brandt, director of sales and marketing for Meridien, says that more awareness of Dubai is needed in Asia. “This place has great potential, both as a holiday destination in its own right, and as a stopover on the way to Europe. It’s a totally different experience to Asia. Different culture, different dress, different cuisine plus the mystique of the desert,” he says.

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10 reasons why you should invest in Dubai Property

The future of Dubai is focused upon creating a business and tourism environment, centred on incoming foreign investments. As an attractive investment, there is a tremendous amount of properties to choose from and more than enough reasons why you should invest in Dubai property:

  1. High capital appreciation.
  2. High rental yields in completed properties.
  3. Capital Gains Tax = 0%, Rental Income Tax = 0%.
  4. Business hub of the Middle East; an increasingly important player in the world stage.
  5. Future Demand: The Dubai population is set to increase from 1m to 3m, with tourism tripling from 6m to 15m, by 2010.
  6. Future Supply: Demand-supply ratio is managed to maintain strong growth and returns.
  7. Very affordable by international standards.
  8. Excellent quality of property.
  9. One of the most significant leisure destinations in the world.
  10. Cosmopolitan global business centre with luxurious facilities and incredible beaches.

Transforming Dubai from a small regional trading hub and oil dependant economy to a leading business and tourism destination is a vision which is increasingly being attained. This rapidly developing city offers year round sunshine, outstanding leisure facilities and a growing economy that makes Dubai an economic desirability of an increasingly important region on the global stage. The city is also investing heavily in building fundamentals, which will enable the city to sustain the huge demand present in the market.

A high proportion of properties available are off-plan, allowing investors to purchase in very attractive interest-free instalments. In recent years rental appreciations have returned between 10-20% annually and capital appreciation of between 15-25% annually. The opportunities to invest are endless, which are being snapped up on a daily basis and definitely is one opportunity not to be missed.

Dubai is the city of the future.

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material used: http://www.datadubai.com/

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