Choose Apartments in Abu Dhabi for Your Summer Vacation

Middle East is many times being referred to the continent with Dubai in it. Likewise, another emerging state or city in Middle East is Abu Dhabi. Every year, this continent attracts thousands of visitors and tourists from all around the world. The continent attracts a huge number of tourists and visitors from all over the world. It is being speculated that the look of Abu Dhabi will be change in next few years and the Abu Dhabi will known as new Abu Dhabi.
It is obvious the when a tourist or visit new place or city he faces so many problems and difficulties. This is because every visitor wants some time to adjust himself in the surroundings. Including so many problems, accommodation in Abu Dhabi is one of the major concerns. Abu Dhabi offers you many different accommodation and lodging facilities along with luxurious services. But the choosing a right option for your stay is the biggest problem. Mostly visitors or tourists who want to stay in Abu Dhabi for short term or to spend their summers or winter vacations prefer to choose an accommodation at extremely optimistic rates. For this purpose apartment in Abu Dhabi is the best option for your summer vacation. Abu Dhabi is considered under development when compared to the marvels in Dubai but still the natural sights and the man-made wonders have made the villas and apartments in Abu Dhabi highly demandable.
Many visitors prefer their accommodation in Abu Dhabi located on areas near by which include shopping malls, resorts and beautiful sights. Accommodation in Abu Dhabi is expected to not only increase but even run over the demand of real estate in Dubai. The construction in Abu Dhabi is aggressively progressing to meet the increasing demand for villas, apartments, houses and other real estate property.  Abu Dhabi also offers lots of investment opportunities of accommodation in Abu Dhabi. Not only local investors but international investors can also invest their money on Abu Dhabi apartments for sale, villas and other Abu Dhabi hotels to make some huge profits. With this there are many natural attractions that are boosting in this city and which gives an opportunity to invest in the properties of this city. The sandy coastline of this city has almost 200 offshore islands that can be used for sailing, diving and deep sea fishing. It has a sunny climate with blue skies and an infrequent rainfall occurs. The best months to visit Abu Dhabi are from November to March. The average temperature at daytime is 24 degree Celsius and at night 13 degree Celsius is the average temperature. Despite the temperature, Abu Dhabi is one of the greenest cities in UAE that contains gardens and parks.
Many investors prefer to spend out their valued time and money investing in villas and apartment in Abu Dhabi in order to make the most out of the season. So, start your new life with luxurious and amazing life of Abu Dhabi.

Tips For the New Property Investor

Many people are interested to buy properties in Dubai but are also conscious about having huge benefits or loss. There was a boom in the real estate of Dubai with real estate growth. But this was all demolished when the banks tightened the lending and therefore the construction companies cancelled their huge projects.
The workers, who were enjoying the free wealth and were living in a lifestyle of luxury, suddenly were overburdened with debt as a global recession hit Dubai harder than any other state of emirate. In some cases the property value reduced by 60%. With this the leasing market also declined by 40 to 50%. Now after a year later, the property market of Dubai is rising up and is trying its level best to return back the spirits and attract the investors once again so the buying and selling of real estate in emirate smoothly goes on.
The leading commercial real estate advisor, Matthew Green cautions the investors to be careful if are interested to buy Dubai properties. A freehold Decree was created in Dubai in 2002 that gave the right to the foreign investors to buy property, sell property and lease property at their own judgment. This was the first time that an ownership opportunity is given to the foreign nationals. In this way the economic also expanded and raised high. Due to this inward investment, many new multiple projects such as new Dubai was launched.
Many popular investors when invested in the Dubai properties, developments like Dubai Marina, and Emirates Living came into being. Overall it effected in terms of arrival of huge amount of investors and a massive growth in the economic sectors such as construction, engineering, architecture and other real estate related services. Many job opportunity were available that added in the international attention to focus to Dubai. This city then became a global hotspot and destination for investors to live a beautiful life and save some money.
Some may be wondering whether to invest again or not in the properties of Dubai as some homeowners wants to sell their property for a large loss so can reduce their exposure to risk in the future. But investment in Dubai property should be done with great care and understanding of the product and its position in the market. Now as the market of real estate is rising but still there is much risk involved in the real estate market as the issue like the lack of transparency and an absence of protection fro investor is still not solved.
The banks still are not providing finance to investors with large loans. The sale value is also at its minimum rate. Although there are many constructions on huge projects going on and properties are also under construction where there are many facilities available which can give high value but still the investors who want to buy properties in Dubai should sit tight and take advantage of the leasing market for the mean time.
Find the best buy properties in Dubai with Elysian Real Estate.

What Are the Essential Steps You Need To Take Before Buying Property for Sale Dubai?

With the change in the law and policies of buying or renting real estate property In Dubai the demand for  property for sale in Dubai is increasing day by day. There are many constructions going on in Dubai to meet this increasing demand of real estate in Dubai. Today, not only locals but also many foreigners want to buy Dubai properties as they like to live here because of its natural beauty. So, if you are one of them then you need to take some essential and straightforward steps.

• Mostly foreigners or overseas investors don’t know about which place is best suitable for their investment. They have restricted knowledge about the beautiful places of Dubai where they can buy any property. So, first you need to make some extra effort or research about the best places in Dubai.
• It is not essential but if you are new in Dubai then it could be really helpful for you to find a good real estate agent. He will surely guide you about the property, set meetings with owner, and gives you advice and all related information about the property.
• Dubai is one of the best places that provides you different lodging options for you stay like, apartments or flat, homes, villas, etc. you should know what’s right for you according to your need, suitability, and budget.
• Also you should fully aware of what is the legal procedure of buying property for sale in Dubai. If both the parties agree on a price then don’t forget to sign final contract in front of notary legal attorney.
• If you are not aware of the Dubai legal process then you should hire an independence lawyer who is expert in Dubai real estate sector. You should sign any document related to purchase of property in front of your lawyer or real estate agent. 
• Before entering into any legal process just make sure that the amount you are paying for your property must include extra expanses and all the property taxes.
• If you are foreigner and want to buy any property in Dubai then you should use a foreign currency specialist as well. It is important have a specialist so he can set rates for future transactions and guard against currency changes. 
• Also you can easily search on internet about your favorite property in Dubai. There are so many different online websites that offer your quality and best services for your convenience. Also you can take the help of different magazines to keep up to date.
• Don’t forget to ask the people around you about the property rate.

If you follow these steps then it will surely help you to find a suitable place for yourself.

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Winners of the Arabian Property awards revealed in Dubai

Arabia’s premier real estate agents gathered at The Burj Al Arab in Dubai on Thursday (November 17th) for the announcement of the winners of the hotly contested Arabian Property Awards in association with Google and Bloomberg Television.

These awards, combined with the other regional awards’ programmes for Europe, the Americas, Africa and Asia Pacific, form the globally renowned International Property Awards. Regarded as the world’s most prestigious property competition, residential as well as commercial categories are covered. Judging is carried out through a meticulous process involving a panel of over 80 experts and covering every aspect of the property business.

President of the International Property Awards, Stuart Shield, says, “Our seventh Arabian Property Awards was one of the biggest highlights in the 18-year history of the International Property Awards. We decided to amalgamate the awards with the Africa Property Awards, which resolved the conundrum of how best to cover these two important and extensive regions. Having analysed the winning entries and projects, it also indicates renewed confidence in both African and Mid-Eastern property markets.”

Making a profit from property

There are two ways of making a profit from property in Dubai. You can look for the high rental returns or the long term appreciation in the value of your property. A word of warning, if you are looking for a quick return then you will be disappointed, those days are gone in Dubai and all investments should be viewed as a mid to long term investment.

Taking the first option; looking for a high rental return. This is a popular option in Dubai thanks to many reasons.

·         You have very low purchase prices

·         Very high rental prices

·         An extremely high expat community of 80% driving the demand for rental properties

When looking at a buy to let property take into consideration the location, how established is the community, is it convenient to the business districts, the demographics of the local residents and of course the average rentals being achieved. It is highly recommended at this stage to discuss your plans with a property consultant who is specialized in the area you have chosen.  At this moment in time there are 4 communities worth considering, Dubai Marina, Palm Jumeirah, Downtown Dubai and Emirates Living.

If you follow these guidelines and take advice from a property expert you should be looking at a net yearly return of 7.5% on your investment.

When looking at looking at the long term appreciation you need to consider all of the same criteria as the buy to let property but also look at who the developer and what have they completed before, what facilities the building has, the view from the property, is it convenient to commute to the business districts.  Again if you get the above right you should see a healthy annual growth in the region of 5%.

The final piece of advice is to remember this is an investment, so make the decision with your head and not your heart. You will see property that you fall in love with but remember you are not living there and all that matters are the numbers. Done correctly a well thought through investments in Dubai will still generate a great return.

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Dubai international city apartments for sale

Bringing together the diverse cultural and architectural styles of nine distinctly different countries within a single united society spanning 800 hectares, Dubai International City exemplifies the concept of unity within diversity. The residential districts of the nine countries, which include Persia, England, Spain, Italy, Morocco, Russia, Greece, France and China, offer an exotic yet affordable living experience to its residents.

The Dubai International City property development is conveniently located on the Emirates Road in the Al Warsan region of Dubai and is only a short distance away from Dubai International Financial Center - DIFC, Dubai International Airport and Dubai Festival City. In addition to the extensive entertainment venues, commercial opportunities, retail outlets and exciting tourist attractions, it also features one and two bedroom apartment units that are capable of accommodating more than 60,000 residents.

Dubai International City comprises of six key areas including The Lakes District, The Residential District, The Central District, The Forbidden City, The Dragon Mart and Dubai Design Centre.

Lakes District & Public Park (The Lakeside)

Surrounding the serene Al Warsan Lake, the Lakes District is a 100 hectare natural ecosystem that comprises a total of 1375 two-three bedroom duplex apartments contained within 25 buildings. The Lakes District is home to about 200 species of birds among which are some of the rarest and most exotic birds found in Asia.

The Residential District

Spread out across 300 hectares, the Residential District is divided into large and medium-sized country specific and themed residential developments and retail outlets. With restaurants, commercial outlets, medical centers, transportation services and a police station and post office of its own, the Residential District is pretty much self-sufficient within itself.

The Central District

The nerve center of the Dubai International City property development, the Central District comprises 34 plots spread over 21 hectares. Each plot features a 10-storey tower that is home to wholesalers, retailers and corporate offices with basement parking for 130 vehicles.

Forbidden City

Spanning 240 thousand square meters, the Forbidden City is a replica of the largest and the best-preserved cluster of ancient buildings in China. It hosts a variety of authentic Chinese residential and retail outlets, entertainment venues and public squares set amidst spectacular Chinese themed gardens, performance courts and museums.

The Dragon Mart

Essentially a colossal trade mall spread over 50 hectares, the Dragon Mart is designed in the form of a colorful dragon with a 1.4km long Central Spine with the dragon's head at the Dubai-Hatta road serving as the main entrance. This dragon shaped mall serves as a commercial center for more than 3,000 Chinese companies and is a great place for anyone looking for a great bargain.

Dubai Design Center (Dubai Gates)

Designed to be an exclusive area for hosting permanent as well as temporary exhibitions, Dubai Design Center occupies three sides of the Dubai Internet City property development. With two hotels containing 300-400 rooms each, it provides extensive accommodation for exhibitors and visitors immediately to explore amongst the best of potential gay partners by doing a simple Web Search.

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Elysian Group has announced Property Investment Seminar on November 19, 2011

The Elysian Real Estate, a subsidiary of Elysian Group of Companies is announcing a new weekend INTERNATIONAL PROPERTY INVESTMENT SEMINAR for real estate investors on November 19, 2011. This meeting will take place from 10:00 am to 1:00 pm at the HILTON HOTEL, AL AIN. This seminar will help attendees take leads and figure out how to make a deal out of them, combining buying and exit strategies.

This seminar is a mutual collaboration of Elysian Real Estate and Oasis Living. Oasis Living is the name of a magazine that is monthly published in Al Ain, Abu Dhabi Emirates, UAE. This magazine shows all about life and living. The attendees of this seminar will learn to find out what they really want, and what they really need; and how to do it.

Robert Pearce, director IP Globel of UK property is also acting as Seminar Advisor will speak on trends and characteristics of land, residential, commercial property and rental markets, in order to understand the recent increase in prices. Along with, Khalid Muneer, the President of Jupiter Properties Inc. in Florida is also attending this seminar. He is an international Real Estate Expert and also a member of the Flagler Board of Realtors, Daytona Board of Realtors and Orlando Regional Realtor Association.

Martin Schiodtz - Director International Division - Elysian Group will also highlight the investments opportunities, benefits and issues about real estate developments.

Elysian Real Estate is an organization that provides motivation, investment opportunities, and up-to-date information for people who want to buy their own home or investment property. Elysian Real Estate and Oasis Living offering you a warm welcome for Real estate professionals, investors, landlords, property managers, realtors, contractors, wholesalers, rehabbers, and the general public to attend their mutually arranged  INTERNATIONAL PROPERTY INVESTMENT SEMINAR for future investment and property plans.

Why choose a villa over an apartment

Dubai is one of the few cities in the world where the population is made up with over 80% being expats. With such a high transient population many choose to rent for the first few years to ensure Dubai is right for them and their families before making the big financial commitment of buying.

With this in mind the demand for good quality villas is exceptionally high which in turn attracts investors. But why buy a villa over an apartment? There are several reasons why a villa makes more sense and gives you a better net return.

First we look at the profile of expats in Dubai. You have your young bachelor’s who are in Dubai mot only to make money but to make the most of the lifestyle and they look at apartments in the Marina and Palm Jumeirah areas. However there is also a large number of expats who are in their mid 30’s and upwards who are with their families. They are normally the higher earners in Dubai. They are here to earn good money but also to give their families the best start in life thanks to Dubai being one of the world’s safest cities, enjoying the perfect climate for an active and outdoors lifestyle and of course a great selection of the best internationally recognized  schools.

So why a villa over an apartment?

There are several reasons and not all are based on financial returns.

First the purchase price is more reasonable than apartments in the Marina and Palm. For example you can purchase a 3 bedroom villa in the sought after Springs community for AED 1,600,000 where as a three bedroom apartment in the Marina would be nearer AED 1,900,000. You then need to look at the service charge. For apartments the average charge is AED 18 per sqft where as villas are much lower at an average of AED 2 per sqft. Working this out on an average property of 2,000 sqft gives you a saving AED 32,000 per year. And finally the rental income for the villa you are looking at AED 160,000 and the apartment AED 170,000 so when taking the service charge into account the net return is higher for the villa at just under 10% net return against 7% for the apartment

So the figures make sense but what about your tenant. Most landlords feel more comfortable knowing they have a family with children living in their property as opposed to a young bachelor  who might be enjoying the lifestyle of Dubai a bit too much and neglecting  the property. As we all know a well presented property not only rents out quicker but also achieves a higher price. As an overseas landlord it is much better to know your property is being looked after and will be handed back to you in great condition when your tenant vacates.

What about future appreciation?

This is very difficult to predict. There are currently two major factors that drive the Dubai property market, supply and demand and finance. Supply and demand is the big one in Dubai especially with a further 55,000 properties to be handed over by 2015. This is of course a worry but only a small number of those are going to be villas with the vast majority to be apartments. So considering the supply and demand this is not a concern for the villa sector and should not affect prices in a negative way, in fact quiet the reverse could be seen as the population increase we could see a shortage which will drive prices up.

The second factor is the mortgage markets and the availability of borrowing. Over the course of 2011 we have seen a gradual shift from all the major banks to the extent where now they are competing with each other and driving down the rates thus making borrowing affordable. When the banks lend in Dubai they take into account who the developer is, this has a big impact on the loan to value “LTV” and the repayment % rate. With over 80% of villas built by the 3 master developers, Emaar, Nakheel and Dubai Properties you are guaranteed the best packages the banks are offering.

So after considering all the factors

·         Higher net rental returns

·         High end tenants

·         Potential future under supply in the market

·         More favorable mortgage packages

Yes villas are a sound investment in Dubai

Justin Stevenson

Sales and Leasing director elysian real estate

Furnished Apartments in Dubai: A Best Accommodation in Dubai

Anyone who loves to experience different amazing and exiting places will always prefer to choose Dubai for its holidays or vacations.  Dubai is always one of the most demanding and favorite place for almost every vacationer, tourist as well as for businessman. This city not only offers great and amazing place for its visitors but it also provides lots of business opportunities for its investors.

Dubai always welcomes its visitors with a great care just like a kind host and this is why Dubai famous for its hospitality. This city is also a shopping paradise or many people all around the world. Mostly people visit this great city to buy lots of things from its duty free shopping malls. It is a land that has been hot favorites of not only the native citizens, but also of the people belonging to different region and nationalities; that is why you get to see a lot of foreigners in Dubai and they choose furnished apartments in Dubai for accommodation. It is the best option for a luxury vacation in Dubai. Just choose a luxury furnished apartment in Dubai and make your holidays more memorable with Dubai accommodation.

Dubai is also a hot spot for many different celebrities of all around the world. Almost every year many different famous celebrities visit this city for some shopping, shooting for a film or for a vacations with your friends or family members. So, if you are planning for holidays in Dubai then don’t forget to take camera with you because it might be possible that you get a chance to see any of your favorite celebrity there and you can take a memorable picture with that celebrity.

If you are willing for a exciting vacation in Dubai then it is recommended to choose a good accommodation in Dubai. This is because a better accommodation option not only provides you comfort and relax atmosphere but also make you holidays more enjoyable and memorable. Also a nice option for your accommodation can also save your lots of money, but be careful that you come with a lavish budget if you want to make a longer stay in the hotel. But for stay in Dubai, furnished apartments in Dubai will be a reasonable and economical option for long term stay in Dubai.

You can easily find apartments according to your choice and requirement as most of these apartments are luxurious and have all modern gadgets to stay in the soothe and sophistication and the interiors are worth looking at these apartments.
So there are two important points to consider before you get furnished apartment in Dubai and those are those are the requirement of place which is comfortable enough and the budget which suits your financial resources. So make a careful decision before you approach any real estate services.