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The development of the real estate market continues to play a fundamental role in the overall development of the country's economy. The results of recent years allow us to talk about the investment boom in the real estate market of the Emirates, in which foreign investors take the most active part.
Investments in the Dubai market until recently have been single. Few investors carried out large projects abroad, since such investments, although associated with low operational risks, also implied less profitability. Meanwhile, in recent years, there has been a surge in investment activity of Russian investors in relation to real estate in other countries, both in developing countries with growing markets and in countries with stable political and economic conditions.
Today, small and large Russian investors invest in the Dubai market, who thus reduce risks, preferring stable income to risky, but with greater return. Indeed, the recent signs of stagnation in the Russian market may mean that in the medium term, investments in real estate abroad will become the most important mechanism not only for protection, but also for capital growth.
In addition, the advantages of the Western market today include stable and favorable lending conditions, while the investment attractiveness of Russian real estate has recently been reduced by tightening lending and raising interest rates by Russian banks.
Where the future is born
Dubai has emerged as a very welcome destination for investors, thanks to its unique international access and geographical location. The scope and development prospects of the city are noticeable at every turn, and it successfully competes with other megacities at any level. Thanks to the phenomenal construction and development of many industries, Dubai attracts the attention of the whole world. Exceptional real estate projects have resulted in new islands and coastlines listed in the Guinness Book of Records. We bring to your attention the most interesting projects for investment:
Dubai promenade
The Dubai Promenade project is a high-profile and unusual project by Nakheel. The strategically advantageous location of this project in New Dubai with stunning views of The Palm Jumeirah Island, the coast and the city will help attract investment in it. Dubai Promenade harmoniously includes The Channel Tower complex.
The channel tower
Three modern skyscrapers designed in different styles and featuring apartments with 1, 2 and 3 bedrooms, both one-story and two-story (duplexes). All apartments have balconies.
The channel tower / al shimal
The cost of apartments with 1, 2, 3 bedrooms - from US $ 1 million.
Sq cost m - from US $ 8000
The area of the apartment with 1 bedroom - from 108 square meters. m
The area of the apartment with 2 bedrooms - from 154 square meters. m
Down payment - 15%
Next payment every six months - 10%
Payment upon receipt of keys - 15%
Project completion - 2011
Business Bay Area
This is a kind of "city in the city." As a residential and business area, it covers an area of about 6,000,000 m ?. The Business Bay area can be compared to Manhattan in New York and the famous Ginza in Tokyo. It will become a place of concentration of local, regional and international business.
Victory Bay Building in Business Bay
The 20-story Victory Bay office building is a work of architecture and design where offices are sold with full ownership. Modern interiors and office equipment, the presence of commercial premises and entertainment areas, allows you to combine work and leisure, business and pleasure in the best way.
For sale retail space (two-story building)
The end of construction - 2010
Down payment upon purchase - 30%
Cost of retail space - US $ 3 655 454
Area - 533 643 square meters. m (including 5 parking spaces)
Sq cost m - US $ 6,850
The Binary Building in Business Bay
The Binary - ultra-modern offices with full ownership! Great views of the Gulf and canals! The Binary is more than just an office building. This is a place where you can become a more focused, productive, productive and creative person. The Binary is a kind of independent environment, which there is practically no need to leave.
Down payment upon purchase - 75%
Sq cost m - US $ 5880
Area - 57.5 square meters. m
The cost of offices - US $ 338 100
Nikki Lauda in Business Bay
The Nikki Lauda building is an original podium design with specifically designed retail spaces representing world famous brands. It is assumed that this project will attract the attention of guests and residents of the city and will become the most visited place.
Down payment upon purchase - 30%
Sq cost m - US $ 9466
Office area - 425.35 sq. M. m
Cost of retail space - US $ 4,026,363
Dubai waterfront
The Dubai Waterfront Project, one of the world's largest coastal projects, is located at the last tip of the Dubai coastline, bordering the emirate of Abu Dhabi. It is a whole city on the water, located on seven bulk islands, forming a crescent moon and adjacent to the coast.
According to the construction plan on the islands, the whole city of Madinat Al Arab was erected, covering 10 zones and areas, its center will be Al Burj Tower - one of the highest in the world.
Madinat al arab
Madinat Al Arab's infrastructure will include residential and commercial complexes, cultural, educational, medical and business centers, and, according to developers, a balance will be maintained between different types of buildings. Separate sections will be reserved for parks and recreation areas, and interesting opportunities will open up for yachtsmen: the complex will be surrounded by a large harbor with moorings. Thus, the whole life of this area will be connected with water.
On sale: residential apartments. The completion of this project is planned for 2011. The area of apartments is from 166.7 to 420.6 square meters. m. Down payment upon purchase - 15% Cost per sq. m - from US $ 9860 When buying a whole floor, the cost per sq.m - from US $ 8960
Our staff will provide complete information about the real estate market and select the best option for you, based on your budget. Commercial License issued by Dubai Department of Economic Development No. 560462. Registration Certificate issued by Dubai Land Department No. 393
