@herskindwaddell7
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Registered: 1 year, 1 month ago
Dubai Real Estate Is best Place to Invest Dubai is an ideal place to work and live. This is one place that grows daily with regards to construction of new buildings. Dubai property prospers year after year even though there was a surge in the house market during the past few years because of recession. Dubai is a good place to live. The soaring number of immigrants every year is the proof for it. This is a hub of most modern lifestyle and accommodation. Branded residences and developers thrive in Dubai by competing with each other in building the best villas and apartments anyone can offer. Consequently Dubai realtors and investors consider this as the ideal place to invest in the house sector. The increase in population during the time of recession badly affected the Dubai real estate sector, causing a steep fall in rent prices. But by the final quarter of 2010, the problem seemed to improve. Though property development is a usual process in Dubai,, it isn't very easy to obtain the ideal property investment as the choice is oceanic. Rigorous analysis and investigations only will cause you to make the best Dubai owning a home. Property investment is also directly proportional to the finance you can bear. Dubai property market snapshot: Residential Rents: ? Average apartment rental price down 8.2%, weighed against 11.8% Q2 2010. ? Average villa rental price down 4.2%, compared with 6.1% previous quarter. Residential Sales: ? Average apartment sales price down 8.7%, compared with 5.7% Q2 2010. ? Average villa sales price down 4.3% weighed against 4.7% Q2 2010. Commercial: ? JLT, Emaar Square, Business Bay and TECOM rents remain stable from Q2 2010. ? DIFC offers highest rent in the Emirate at around Dhs250 per square foot. Industrial: ? Prime Industrial rents remain stable Q2 2010 - Q3 2010. ? Al Quoz and Jebel Ali offer highest rents in the region of Dhs30 per square ft. ? The international property investor has re-entered the market, attracted by the bluechip logistic occupiers.
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