Mortgage law will boost confidence amidst turmoil

Mortgages will no longer be valid if not registered at the Dubai Land Department on the new Interim Real Estate Register.

Dubai: Law No 14, more commonly known as the mortgage law, will increase investor confidence in the Dubai market as it pulls developers, brokers and investors in line, officials say. Speaking at the monthly Dubai Property Society (DPS) meeting, industry experts said the recent wave of new property laws will further regulate the market as it bids to transform into an end-user friendly emirate. From now on, mortgages will no longer be valid if not registered at the Dubai Land Department on the new Interim Real Estate Register. Any sales done prior to the introduction of Law 14 are not immune, as the law applies to completed and off-plan properties, before and after the issuance of the law. Those sales done before the law have 60 days from the announcement of the law to register.

Sheffield announces Dh3.5b projects on Dubai Waterfront

Staff Report

Dubai: Sheffield Real Estate FZC, developers of the skyscraper Marina 101, said it will build three projects on the Dubai Waterfront at a cumulative investment value of Dh3.5 billion. Abu Ali Malek Shroff, chairman of Sheffield Real Estate, said: “Over the years, we have carved a niche for ourselves as a real estate developer focussed on master communities that have added value to Dubai’s stature as world’s best destination for freehold real estate investments. We believe that Dubai Waterfront is another exclusive opportunity from Nakheel with huge potential for maximising returns from investments.” The Dubai Waterfront properties join Sheffield’s developments in its portfolio with residential projects in Dubai Marina, International City, commercial development in Jumeirah Lake Towers (JLT) and a shopping mall in Mizin.

Jumeirah Village, Indigo Ville 5 , your luxury life

Jumeirah Village, Indigo Ville 5

Jumeirah Village, Indigo Ville 5 -4 BR, , BUA 4097 sqft, Original price: 925 AED per sq.ft. Now 20% paid. selling price: 1175 AED per sq.ft total amount 4,813,975 AED.

 and with excellent payment plan.

contact me.

Jumeirah village, Reliance 4, 1B / R, Area: 974. 13 sq. ft. very good location

Jumeirah village, Reliance 4, 1B / R, Area: 974. 13 sq. ft.

Jumeirah village, Reliance 4, 1B/R, Area: 974.13 sq.ft.
in 4th floor. selling price: $261.6 per sq.ft. total amount $254835.7

This is a very valuable project in Jumeirah village.

with excellent plan, and 60% mortage ready.

FULL FLOOR 8 apartments in International City, CBD Global Green View 3,Dubai UAE

FULL FLOOR 8 apartments in International City,CBD Global Green View 3, Dubai UAE AREA 10,375 SQ.FT
SELLING PRICE $ 215 per SQ.FT
TOTAL AMOUNT:$ 2,230,625

International City, CBD Global Green View 3, 1 B / R Dubai UAE apartment

International City,CBD Global Green View 3, 1 B/R Dubai UAE AREA 1020 SQ.FT
ORIGINAL PRICE$ 185.1 per SQ.FT
SELLING PRICE $ 217.8 per SQ.FT

freehold 2 bedroom in Emirates City B9, Ajman UAE

Features Specifications: 2 Bed Apartment
Parasise lake B9 is completely freehold, i.e, property owners areentitled to valid UAE Residence Visas upon registering their apartmentsat the development.
Master development : R holding
NOW the fastest constrcution progress tower in Emirates City area, may complete after 6 months.
Features :
1) excellent location on emirates road, Ajman
2) peaceful residential community
3) unobstructed lake views
4) easy access to Dubai and Sharjah.

5) excellent payment plan.
The price for 2 bedroom apartment(small) starts from $ 122500 and area – 875 sq.ft this price includin one car parking worth $10958.
Paradise Lake B9 Towers is set in a convenient locale inside Emirates City,off Emirates Road in Ajman. This residential project is well-linked toother emirates in the United Arab Emirates, including Dubai, Sharjahand Abu Dhabi.

International City Overview:

International City Overview:
Embracing diverse cultures and architectural styles from 9 countries within a single united society represents the very essence of international-city. Dubai International City With its distinctive residential districts of Persia, Greece, Spain, Morocco, England, France, Italy, Russia and China, it will provide an affordable and pleasurable living experience for its anticipated 60,000 residents who will occupy these apartments. There will also be retail units and shops available on the lower levels of all these buildings.
Dominating a vast 800 hectare plot, Dubai International City will compliment the extensive residential areas with the provision of a multitude of commercial opportunities, retail outlets, entertainment venues and thrilling tourist attractions to have a clear understanding of the size of this project you will need to see the master plan or map.
Ideally positioned on the Emirates road, in close proximity to Dubai International Airport, it is a short drive away from Dubai International Financial Center and Dubai Festival City.
Dubai International City comprises of four core districts; the Central Business District or CBD as it is known, Residential District, Lake District and Forbidden City. In addition, it allows residents and visitors alike the opportunity to experience the wondrous offerings of the Dragon Mart Complex & Dubai Design Center.
The Central Business District provides the central hub of the development. Comprising of 34 plots containing 10 Storey towers each of which housing retail outlets on the ground floor and providing basement parking for 130 vehicles. This is the more luxurious section of International City Dubai and we are marketing 3 new projects here for sale so if you are looking for a residentional apartment please do contact us on the right side of this page and we will send you full availability and floor plans.
The Residential District provides numerous country specific and themed residential developments and retail outlets. It will also be home to commercial shops, restaurants, medical centers, a post office, police station, two civil defence units and transportation services so everything is there under one roof.
The Lake District surrounds the Al Warsan Lake; a 100 hectare natural eco system and home to nearly 200 species of birds including some of the most exotic and rare birds found in the Arabian Peninsula and parts of Asia.
Forbidden City is a replica of the iconic Forbidden City in China, hosting a variety of entertainment venues including retail outlets and restaurants, public squares and faithful Chinese themed displays which is attracting people from all over U.A.E.
The Dragon Mart is a unique offering for the region. Taking the form of a dragon, it provides a colossal trade mall, serving as a commercial center for in excess of 3,000 Chinese companies and there are some great bargains to be had.
Dubai Design Center is an exclusive exhibition venue housing permanent and temporary exhibitions and providing extensive accommodation facilities for exhibitors and visitors alike.

Dubai Real Estate Market Overview:

Ever since the launch of the Dubai freehold real estate market, Dubai property has gained world wide recognition for its innovative and groundbreaking developments and buildings. It was as far back as 1999 that the 1st phase of the Dubai Marina began construction, and Dubai has never looked back. The real estate market here has progressed so much in the past decade, Dubai looks like a totally different place to the small little Emirate that existed 10 years ago. Starting off with the Marina and The Greens, the Dubai real estate market has advancement beyond even the most optimistic of outlooks, and now boasts dozens and dozens of property developments, and hundreds of freehold apartments and freehold villas.

The Dubai real estate market really is unlike any other around the world. Developers here, such as Emaar and Nakheel most definitely think outside the box when it comes to real estate projects and the results are evident throughout the Emirate. It is projects such as the Palm Jumeirah and the rest of the Palm trilogy, The World, The Burj Dubai and Dubailand with its areas such as Dubai Sports City that have really put Dubai on the real estate map.

By offering freehold property to overseas buyers, Dubai has been able to attract substantial property investment, and as a consequence the Dubai real estate market has since exploded into life over these past few years. Those who invested early have since seen huge returns on their investments, and whilst the real estate market here has now seen prices reach new highs, those who know where to invest can still see worthwhile returns on their properties. And despite constant speculation of a forthcoming property market crash, the Dubai real estate market has remained very healthy, and looks to continue this way for the foreseeable future. Whilst it is impossible to accurately predict the future, all the current signs are very much positive in regards to property investment in Dubai.

Whilst Dubai is seeing increased competition on the real estate front from its neighbors such as Abu Dhabi and Ajman, the Dubai real estate market still remains the premier property market within the Middle East, and with new projects being announced and others nearing completion, this position looks set to remain for some time to come. With the Pam Jumeirah now up and running, and The Burj Dubai already the world’s tallest building and standing structure without having even reached completion, Dubai has rarely been out of the news. And with the Palm Jebel Ali, The Dubai Waterfront and Dubailand, all huge projects, still to come, do not expect to stop seeing Dubai in the headlines any time soon.

Dubailand’s sub development, Sports City has also been generating a lot of interest of late. With its numerous academies and world class stadiums, combined with a wide range of freehold property and villas, all set within beautiful surroundings, Dubai Sports City property has become some of the most sought after real estate on the Dubai market place.

Projects like Jumeirah Village South continue to generate a large amount of interest on the property market. With its extensive range of property, with freehold villas and apartments to match a broad range of budgets, and all set within a self contained development with regards to the inclusive facilities on offer, it’s easy to see why Jumeirah Village is taking the Dubai real estate market by storm.

And when the likes of Business Bay reach completion, the Dubai real estate market will be able to boast one of the most comprehensive commercial property developments around. Set to cover 64 million square feet, Dubai Business Bay will contain over 230 commercial and residential towers, and will further reinforce Dubai as the place to do business within the Middle East.

The Dubai property market now enjoys a reputation as one the best places to purchase property around the globe. With year round sunshine, beaches and a wide choice of entertainment and leisure options, Dubai offers a truly brilliant life style. Yet, despite all the success and acclaim that has so far been bestowed upon the Dubai real estate market, with so many other projects set for the future, the best of the Dubai freehold property market may have yet to be seen.

Ajman Property Overview

Since the introduction of freehold property in Dubai, the real estate market here has become a huge success story. A vast array of property is now available on the market, and investors have made great returns on their initial outlays. And it seems that this success is now beginning to spread to Dubai’s neighboring Emirates. Ajman was the second Emirate after Dubai to introduce free hold property back in 2004. Whilst being the smallest of the seven Emirates at only 260 Square Kilometers, Ajman clearly has big plans for the future. After seeing the success enjoyed by Dubai with its different approach to real estate, Ajman freehold property is now looking to follow suit. Recently there was an announcement that a new airport will be built in Ajman this has sent land prices spiralling and in turn will give investors some spectacular returns on investment in the near future that may be on par with Dubai, we have a particular hot offer on Ajman Properties now.

Ajman property offers a different proposition from Dubai in terms of the living environment on offer here. Ajman, located between Sharjah and Umm Al Quwain is much less built up than the likes of Abu Dhabi and Dubai, and as such is a more relaxed and quite place to live, yet with being only 30 minutes by car away from Dubai, remains within easy commuting distance. It is this combination of being in close proximity to Dubai, yet without the distractions and noise of city life that helps makes Ajman such an interesting proposition.

One only has to look at the premiums that Dubai property now exchanges hands for to see how great an investment purchasing a property in Dubai has been. And with such things, to enjoy the maximum benefits it is always best to get in early. That opportunity has now passed with the Dubai property market, but here Ajman real estate presents another such opportunity. The introduction of freehold law back in 2004 stimulated buyer interest in Ajman property, and this buyer interest in turn has resulted in developers going ahead in investing in some rather impressive freehold real estate developments here and buying Ajman property early could give the same high returns as Dubai did in the early days.

From an initial scarce few property options in the beginning, buyers can now pick from a dozen or so freehold developments here, many of which contain multiple building options, and as is the case with Emirates City, some are almost cities within themselves. Emirates City will offer around 72 towers, a mix of residential and commercial property, with sizes ranging from 20 floors up to 50 floors in the tallest buildings. The centre piece of the development will be the two large lakes featured here.

This is where the sub-development of Emirates City, Paradise Lakes will be based. Here all the property will be set around the lake side so as to maximize the views from the 25 storey apartment buildings set at this location. Other properties in Emirates City include the four Goldcrest Dreams towers, The Lavender Tower, The Lake Tower and Rainbow Tower. Emirates City will also feature its own shopping area, medical facilities, and 5 star hotels. Perhaps not too surprisingly for a development that offers so much, interest here from buyers has been substantial.

Another development worthy of mention is the Al Ameera Village. Built by developer Tameer, it will consist of 41 residential property buildings, 1 commercial building as well as retail space and hotel apartments. And with no shortage of landscaped gardens, cafés and restaurants, it looks set to prove one of the more popular developments on offer. And for those interested in something with a sea view, the Ajman Corniche Residence has one, two, three and four bedroom apartments, all set within several interlinked towers.

Other freehold property for sale in the Emirate of Ajman includes Al Khor Towers, Ajman One, Al Noor Towers and the 15 Tower residential complex Al Naeymiyah Towers. Ajman property clearly therefore isn’t lacking in options. And when you consider that the market here is still somewhat in its infancy, then the prospect or owning a home in Ajman looks like a very good investment.

Jumeirah Village Overview:

Jumeirah Village Overview:

Lying right in the middle of Dubai’s newest place to live, Jumeirah Village is the newest development to promote a community way of life in beautiful settings. A combination of villa, townhouse and apartment sub-developments, Jumeirah Village South captures the architecture of Mediterranean and Arabian designs which fit in well with the surroundings of landscaped gardens and tranquil waterways.

With over 6,000 spacious villas and townhouses for freehold purchase, and a great collection of low-rise apartment blocks, residents can really feel a sense of separation from the busy city of Dubai. Promenades, parks, scenic trails and gardens are all around the development, along with quiet streets to really give living at Jumeirah Village South a small, self-contained community way of life.

The collection of residences within the Jumeirah Village Dubai project are: Emirates Gardens, Jumeirah Wave Business Towers, Jumeirah Village South Lotus Park, Jumeirah Village South Season Community, Jumeirah Villas and the Lawns, along with many more smaller sub-developments, and the whole development is aimed at providing a dream home at an affordable price.

Residents of Jumeirah Village will not be without facilities, as a community centre, sports and leisure activities, swimming pools, jogging and cycling tracks, and gyms are provided to maintain the standard of living you would associate with life in Dubai. In addition to all this, there is 24 hour security, two international schools and medical facilities. For all your basic needs and more, there are shops and supermarkets, as well as restaurants and cafes included within the community.

Located next to developer Nakheel’s other project, the Jumeirah Island’s, as well as The Emirates Living Community, life in Jumeirah Village circle is all about community spirit and adding to an already well designed neighbourhood of other projects. With unsurpassed lifestyle and leisure amenities, Jumeirah Village delivers the most unique living experience that’s affordable.

Gulf property projects face scrutiny

Riyadh: Credit conditions for real estate projects are worsening and the viability of some developments needs to be re-examined, the head of Dubai Islamic Bank (DIB) said on Sunday. “The days of cheap money are gone, be prepared to pay more,” Khalid Al Kamda said at a real estate conference. DIB is one of the Gulf’s biggest lenders and a key player in the massive developments in the UAE. “Real estate will suffer, big real estate projects will be revisited … put on the back burner,” he said. “The viability of these real estate projects will need to be revisited.” Al Kamda’s comments are one of the starkest reminders to date that the credit crisis sweeping the United States and Europe will not pass the Arab peninsula by, despite billions of dollars of petrodollar inflows and strong economic growth.

Real Estate Dubai Overview:

Real Estate Dubai Overview:

Dubai truly is unlike anywhere else in the world at present. A unique melting pot of people and cultures that really has a lot to offer both residents and visitors alike. And the main driving force for the huge amount of success Dubai has received in the past few years has been the Real Estate in Dubai and freehold property market. With the opening up of the market and strengthening of the legal processes surrounding buying and selling of property being regulated with ESCROW etc. Dubai real estate for buyers and sellers has gone from strength to strength over the past decade. And with Dubai based developers such as Nakheel and Emaar continuing to bring to the market some breathtaking and novel property developments, this has only continued of late, producing a situation where the real estate market continue`s to boom. We have many apartments available off plan with low deposits and finance in place with prices starting from Dhs 255,000 in Ajman and around Dhs 500,000 in Dubai

Nakheel got things started back in 2001 with the announcement of the Palm Jumeirah, and Dubai hasn’t looked back since. The Palm Jumeirah, a man made Palm shaped Island out in the Arabian Gulf, attracted attention from across the globe. And Emaar, not being a company that stands still, has only added to the huge array of property here. With its Emirates Hills development, it arguably offers the most exclusive address in Dubai. And just with Downtown Burj Dubai, featuring the worlds tallest building the Burj Dubai, it has made a huge contribution to Dubai’s freehold property options. And add in its other numerous developments and those of other developers such as Damaac, ETA Star and Omniyat Properties to name but a few, and you can see why Dubai has such a wide selection of property on offer.

Those looking for a luxuary villa will find plenty of development from which to choose, such as Emirates Hills, Arabian Ranches and The Meadows, even more awaiting completion, such Al Kaheel, Victory Heights and The Plantation Dubai. Apartment options are even greater. Be it Studio, One, Two, Three or Four bedroom apartments, Duplexes or Penthouses you have a huge selection at your disposal. For those looking for value for money there is Nakheel’s International City, Dubai Sports City, Jumeirah Village or Jumeirah Lake Towers for more up market apartments there are always the Shoreline apartments on both the Palm Jumeirah and Palm Jebel Ali, or perhaps an apartment in the world’s tallest building, the Burj Dubai. Real Estate and Property in Dubai continues to surpass all expectations and whatever your budget there is always something that is affordable compared to other global markets the only difference is the returns are higher!

Real Estate Dubai really does have it all therefore. Prices have risen sharply in the past few years, but are still no more expensive than European prices, and living in Dubai comes with the added bonus of year round sunshine and a great all round life style. Dubai freehold property therefore has something to offer everyone. And with commercial developments such as Business Bay only likely to cement Dubai’s already strong position as the place to do business in the Middle East, buying into Dubai real estate still looks a good investment.