Real Estate In Dubai (Abu Dubai)

Dubai Real Estate:The Dubai real estate sector has grown exponentially over the past several years, and multi-million dollar freehold projects are the driving force behind the economic growth of the Emirate. Unlike neighbouring Emirate and capital Abu Dhabi, Dubai has chosen to be more adventurous and ambitious in the type of freehold property projects it pursues. Now that the Dubai freehold market has properly established itself, it is interesting to see the developments that have been completed, and will be completed shortly.While Dubai property investors favour certain projects over others, whether it’s for the exclusivity or the prestige of owning in a certain location, practically all of Dubai’s many ventures have been a resounding success so far. The market is also enjoying sustained popularity due to the variety and scope of the projects that are being undertaken, ranging from quality property for the average resident, all the way up to ultra-luxurious, not to mention extremely pricey, villas for only the super rich. It is this choice that makes the Dubai property market sustainable for the future, and with big projects such as The Palm Jebel Ali, The Waterfront, Burj Dubai Downtown and Dubailand on the horizon, we can expect to see even more attention being devoted to this constantly changing destination for property investors.Real estate in Dubai is a growing sector of the Dubai economy that draws much interest from the serious investors and the average families. Owning a home in Dubai used to be a thing of the past, and now more and more residents are favouring to own a home over renting, as well as more and more regular visitors choosing to buy a holiday property here. All this attention and demand has led to a property boom in Dubai that has sustained itself for the past three years, and does not appear to be ending anytime soon. Dubai real estate and property is widely recognised for the choice available, be it apartments, villas, town homes, water homes and so much more. The Dubai property market really does cater to all tastes and budgets, as well as offering unique spins on beachfront and city properties.Dubai is a city of wonders, and bases its freehold property on standing out from everything else. The result is an eclectic mix of modern and traditional, high-rise and low-rise, as well as luxury and budget. From International City to Emirates Hills, The Greens to The Springs, the property market is extremely diverse. While there have been issues with freehold properties in the past, the Dubai government has made some significant changes over the past year to better protect buyers and investors from the usual perils of buying property overseas, in order to make the Dubai real estate palm market attractive to the right buyers.