Dubai is developing very quickly- in terms of finance as well as development. A look at the more impossible projects lined up will make it very apparent that architects and designers who want to do something groundbreaking simply head to Dubai.
Take the revolving tower that proposed by controversial designer David Fisher. A stunning piece of Dubai real estate property once complete, from its concept the rotating tower looks like a $700 million marvel of architectural abilities.
Another Dubai property investment project heavily anticipated is the Nakheel Harbor and Tower complex by Arabian canal. The tower’s proposed height is a kilometer, a yet un-attempted height anywhere in the world. These projects are however, for the heavier income bracket.
Far from giving an impression that Dubai property and real estate is only for the affluent, there are some really good options available for the lesser income brackets.
Think studio apartments perfect for a younger crowd in Jumeirah Village or three room houses in Dubailand and two-room houses in Dubai Marina for a family. With the property prices in these areas reducing, it would be a smart choice to buy properties in Dubai at such addresses.
Before you get carried away with the sale properties in Dubai on offer though, make sure you have checked all the investment options and mortgage requirements. Hiring the services of Dubai real estate consultants who are aware of the legalese involved would be a smart first step to take. They can help you out with property finance and raising capital without impinging heavily on your resources.
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