buy property in dubai

October 7, 2017 | Penulis: skrihen | Kategori: Dubai, Mortgage Loan, Yield (Finance), Apartment, Economics
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Description: Dubai Property and Dubai real estate for sale search from Just Property Dubai Internet Real Estate Portal. ...

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Dubai Property and Dubai real estate for sale search from Just Property Dubai Internet Real Estate Portal. Buy, sell/sale Dubai Apartments and villas. Get updated search results for dubai apartment, villa in dubai, office for sale. We are leading real estate portal in UAE with the best range of dubai freehold property. Search for dubai properties from our extensive list of real estate brokers and landlords in Dubai. Buy or sell your flat,house,home,investment property and hotel with Just Property Dubai. Dubai property prices on the up as real estate market shows positive signs of improvement The Dubai property market, which was badly hit by the global financial crisis in 2008, is now showing positive signs of growth in the first quarter of 2012. JustProperty.com – the largest dedicated property sales portal for the UAE – has seen a positive uplift in Dubai real estate prices in the first quarter of 2012 with some villa communities experiencing up to 9% price rises. The Springs Dubai, for example, an ever-popular Emaar Development consisting of predominantly 3 and 4 bed family homes with landscaped gardens and community parks and lakes, has seen a promising increase in property prices in the first few months of 2012. The demand for Dubai villas still remains high as the supply of high-end family homes is not yet matching the demand. Investors should however be cautious of these latest figures, as a large number of new properties are coming onto the market in 2012, including the huge Jumeirah Park villa development by Nakheel. Other developments such as Al Furjan and Jumeirah Village also approaching completion, each of which will bring a very large number of Dubai villas onto the market. Apartment prices in the iconic Dubai Palm Jumeirah have also seen an increase in Q1 2012 as additional supply of apartments on the island is limited. All apartment developments on the trunk are now complete with just a few residential projects on the crescent left for completion. The “Palm Jumeirah Central Park” running down the middle of the Trunk is well underway and promises to be a positive “value adder” to the Golden Mile and Shoreline apartments. All in all, the outlook for the Dubai real estate market is looking much brighter now than it did at the end of 2011, however caution should be taken in certain areas where large additional supply will be coming onto the market throughout the year. Dubai Property delivers high rental returns The sharp property price drop from the 2008 levels now present excellent rental returns from Dubai property. Despite small drops in rental market expected this year, the rental yields are much higher. Typically, property in prime areas such as Palm Jumeirah and Dubai Marina attract between 7-9% yields with some properties offering well over 10% yeilds. The reason for this is that Dubai has remained robust over the last year in terms of population. After the initial population loss in 2008 due to redundancies, Dubai’s population has been steadily climbing. This population needs housing. Unfortunately, it is still very difficult to get mortgages especially for middle/lower middle class due to strict lending criteria for mortgages. This essentially has forced many would be buyers to rent. There is an oversupply of properties in some areas however the price of property already reflects this and hence the rental returns are healthy. High rental returns are very enticing given the era of low interest rates achieved from savings accounts and traditional investment vehicles such as bonds. A long term hold of a Dubai property will yield excellent rental yields in the short term and will, almost invetiablity, achieve captial appreciation in the long term. Dubai rental index shows signs of rent price stabilisation across many areas While the Dubai real estate market for property sales is still struggling to show signs of recovery, the Dubai rental market is now showing positive indications of stabilisation across som
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