The landlords in Dubai today are looking at a rental return of around 8-10 percent and so are any holiday home owners who rent out their property. The high return is a combination of relatively cheap properties and rents that have been rising dramatically during the last 3 years due to a shortage in completed properties. According to FazWaz Dubai, it is likely that this situation will stay in the next couple of years because it will take some time before equilibrium between supply and demand is reached.
The economy in Dubai is growing fast and the population is set to double within the next 5 years and it is all a result of a carefully thought out plan – a plan to make Dubai the centre for business, finance and tourism in the Middle East. Usually the words ‘plan’ and ‘economy’ inevitably leads ones mind towards the old Soviet way of doing things. However, in Dubai it works. The plan is simple; to create a liberal political environment that will make business (private as well as government) flourish. The means are just as simple; a political stable climate and economic incentives, i.e. the tax free environment. Also, government investments are quite substantial which also promotes growth in the city.
Damac Heights – One Bedroom Apartments In Dubai Marina
Located in the heart of one of the worlds most exclusive locations, the apartments in Damac Heights offer unobstructed views over the famous Dubai Marina and Palm Jumeirah developments. A range of one, two and three bedroom apartments as well as duplex and penthouses available.
Infinity Tower – Two bedroom apartment in Dubai Marina
Imagine a setting in the heart of the world’s fastest growing, most dynamic city, Dubai. Imagine Infinity, a truly unique building that spirals by an amazing 90º as its slender tower rises 80 stories into the sky.
Pier 8 – One bedroom apartment in Dubai Marina
The stunning Pier 8 Tower is a development of 234 high-end luxury apartments, retail and leisure facilities, located in the heart of the desirable Dubai Harbour district. Offering residents a range of studios, one and two bedroom apartments, the Pier 8 Tower affords residents spectacular views over the Marina and Pool deck areas.
Bayside Residence – Four bedroom villa in Dubai Marina
The 22-storeyed Bayside Residence offers 101 – 1, 2, & 3 bedroom – waterfront condominiums, marina homes and penthouses. Re-emphasizing the premium location of this development are the three-storey Marina Homes complete with a private lift and sky lawns, Penthouses and Duplex Villas. Bayside Residence will include luxury features such as the ‘Infinity Pool’ and ‘Intelligent Homes – 3G Super Wired Residence’, that were pioneered by Trident in the region in addition to standard ‘Home Theatre’ systems, complete with 42-inch plasma screens in every apartment.
Bayside Residence – Three bedroom apartment in Dubai Marina
The 22-storeyed Bayside Residence offers 101 – 1, 2, & 3 bedroom – waterfront condominiums, marina homes and penthouses. Re-emphasizing the premium location of this development are the three-storey Marina Homes complete with a private lift and sky lawns, Penthouses and Duplex Villas. Bayside Residence will include luxury features such as the ‘Infinity Pool’ and ‘Intelligent Homes – 3G Super Wired Residence’, that were pioneered by Trident in the region in addition to standard ‘Home Theatre’ systems, complete with 42-inch plasma screens in every apartment.