UAE PROPERTIES
Full Name: United Arab Emirates Capital City: Abu Dhabi Area: 83,600 sq km / 32,278 sq miles Population: 2,400,000 Time Zone: GMT/UTC +4 Languages: Arabic (official), Persian (other), English (other), Hindi (other), Urdu (other) Religion: Muslim (96%) Hindu, Christian and other (4%) Currency: UAE Dirham (Dh) Country Dialing Code: 971
Formed in 1971, the United Arab Emirates (UAE) is a federation of seven states made up of Abu Dhabi (the capital), Dubai, Ajman, Fujairah, Ras al Khaimah, Sharjah and Umm al Qaiwain. Each Emirate is led by its own Sheikh and government.
Dubai and Abu Dhabi are the two most populist emirates and have so far led the way in transforming their economy, infrastructure and real estate into world class cities. Ajman is now tipped as the next emirate to follow suit.
The UAE has attracted professionals and workers from across the globe and the economy is booming. This has created a truly cosmopolitan and global society with 85 percent of the population comprised of expatriates.
In 2002, Sheikh Mohammed bin Rashid Al Maktoum of Dubai decided to allow foreign investors to purchase property on Dubai soil. The years that followed saw once desert land transform into one of the most desirable destinations this world has ever seen.
Dubai is one of the world’s fastest growing regions and is perhaps one of the hottest real estate spots on the planet. Around 30% of the world’s cranes are said to be in located in Dubai working in the construction industry! In fact we are seeing a modern day Gold Rush fuelled by the real estate boom in the "City of Gold". Dubai is already a spectacular city with gleaming towers and stunning sights, and along Jumeirah Beach there are the Palm Islands, the World and Dubai Waterfront invading the dazzling azure of the Arabian Gulf.
Ajman is one of the seven emirates comprising the UAE. Located on the coast of the Arabian Gulf, Ajman covers an area of just 259 sq km and is the smallest emirate in the UAE.
After the success of freehold property in Dubai, Ajman is the 2nd emirate to offer freehold ownership and investment is now flooding in. This in turn has prompted the Ajman government to initiate a number of development projects and so the idea of New Ajman was born.
Ajman is advantageously located just 20 km from Dubai and is now considered the most up and coming of all the emirates. With property prices matching those of Dubai 6 or 7 years ago, it’s not hard to see why.
Dubai’s property market is now on a par with some of the leading markets in the world, such as London and New York, and residents are now relocating to the nearby neighbour, Ajman, as a more affordable commuter zone. Shrewd investors have been quick to act on this and Ajman is starting to see some incredible growth.
The service we offer investors:
Dream Resorts carefully selects property investment opportunities from politically stable countries that indicate excellent economic growth, have internationally respected legal systems, stable currencies, attractive tax policies and will provide strong investment yield and growth.
Though research we saw that the UAE had good investment potential so we have selected a variety of investments in and around the Emirates which offer different advantages and cater for all types of investors depending upon what they hope to acquire and achieve with their investment, hence, you may notice that we do not list many of the open market properties that often have an "agents margin" attached to the selling price. |