Dubai Property Market Report
 

Prior to 2002, only UAE nationals could purchase freehold properties. In 2002 Marina project announced and for the first time, Non-UAE nationals could purchase properties in Dubai on freehold basis. Since that time many new projects have been announced with development currently taking place in a variety of locations throughout Dubai. Many of these developments are selling out within days of first release with demand far exceeding supply.
Reasons for this include:

Capital growth is likely to average in excess of 20% per annum (reaching on exclusive properties on the Palm 50% per annum).

Dubai property prices are comparatively lower than properties in the UK and other popular European property locations.

The initial deposit required when buying off-plan is typically between 10-15% of purchase price. There is no stamp duty payable when buying freehold property in Dubai. The Dubai property market is fairly new and has a huge potential for growth. The Western currency is currently very strong against UAE Dirham, therefore the value for money in Dubai  Real estate compared to many other global property prices are very advantageous;

Rental income from Dubai property is currently yielding around 15-20% with similar appreciation

 
 Dubai Lifestyle
 

As one of the most dynamic cosmopolitan cities in the world with over 88% of residents being expatriates, Dubai has created its place on the map and its name in Guinness book of world record more than once. Dubai is a city of contrasts, where outstanding modern architecture and soaring skyscrapers stand alongside traditional Arabic buildings and suburban villas. Dubai's numerous varied attractions provide visitors with a unique experience. Miles of clean, un-crowded sandy beaches give way to mysterious byways from an exotic Arabian heritage. The timeless majesty of the desert contrasts with a spectacular nightlife of superb restaurants and nightclubs. Dubai being an international business centre and a relaxing tourist destination is truly a cosmopolitan place to live.

  
 Dubai Restaurants  
 

Dubai's restaurants provide cuisine of every nationality possible, ranging from typical Arabic food, European, Indian to Far Eastern and American - the list is endless. Whether it's fine dining or fast food you want, Dubai has an outstanding choice of restaurants to choose from. Locally caught seafood is in plenty and the quality unbeatable. Only restaurants in hotels and leisure complexes are licensed to sell alcoholic beverages.

  

 Dubai Beaches, water and sand activities

  
 

With 365 days sunshine a year, Dubai is also the ultimate beach resort. The sun, sea and sand are the perfect combination for sporting activities in Dubai. The warm waters of the Arabian Gulf are ideal for sailing, windsurfing, water-skiing, fishing, snorkeling or scuba diving. Many of the beach hotels and specialized beach clubs offer facilities for water sports and lessons or use your own equipment on one of the many stretches of public beaches. For a different type of skiing, try sand-skiing in the desert using a snowboard. Also try go-carting, ice-skating, archery, target shooting, bowling, tennis, off-road driving.

 

 Dubai Shopping Paradise

 
 

Dubai has earned an international reputation as a Shopping Paradise for the excellent quality and variety of its shopping, whether in the traditional souks or the ultra-modern, air-conditioned shopping malls. Bargain hunters head for the souks, where haggling is a tradition. A labyrinth of narrow winding alleys on the Deira side of the Creek, houses the spice and gold souk. Walk along the gold souk and be dazzled by the glittering displays in each shop window. Choose from gold necklaces, earrings, bracelets, etc. and even design your very own. Bargaining with the shopkeepers is expected.

  

 Dubai High Standard of Living

  
 

Dubai, whilst being an exciting, thriving, bustling city still offers the calm family orientated environment that suits all ages. For the family, Dubai excels in catering for the needs of the children. There are numerous British curriculum schools many of which rank highly against their UK-based counterparts. Not only that, children have a superb choice of after school activities such as sailing, football, rugby, tennis, golf, dancing and music to name but a few. In October 2003, Dubai was voted safest holiday destination in the world by Conde Nast Traveler magazine. With an extremely low crime rate, Dubai is a wonderful place to raise a family with undoubtfully high standard of living.

  

 Dubai World Class Golf

  
 

Dubai offers limitless sports and sports facilities, you can play, or enjoy as a spectator. From among several Golf courses around the Emirates you can select your own Golf course to play. Dubai prides itself on having championship courses and annually hosts the Dubai Desert Classic, which recently attracted Tiger Woods as one of the main players. The three main courses are; Emirates Golf Club on the edge of the city which boasts two 18-hole courses, complete with water hazards and daunting bunkers. Dubai Creek Golf Yacht Club another championship course is close to the centre of the city. Again, this features water hazards and cunning dog-legs. It also has a 9-hole par-three floodlit course. Nad Al Sheba Club, only 10 minutes from the city centre, is the Middle East's only floodlit 18-hole course. For views over the Gulf, Jebel Ali Hotel and Golf Resort has a 9-hole course.
Recently Tiger Woods is designing a Golf Course which would be World Class and best in the World.

  

 Dubai’s Top sporting events

  
 

Many top events are now held in Dubai including The Dubai Desert Classic Golf Tournament; Dubai World Cup Horse Racing; UAE Desert Challenge Rally; Formula 1 Powerboat Racing; Dubai Marathon and Dubai Rugby Sevens.