Property Real Estate – Buy, Sale or Rent Properties, Apartments and Villas with Better Homes. Manage or Invest in Property with us.

Holidaying in Dubai a Hot Proposition in 2010

Daniel Marshel (Better Homes) — Thu, 17 Dec 2009 09:02:01 -0600

All across the world, the jet setting bunch of our world's trendsetters prepare so religiously for their winter and summer holidays. From the luxurious beaches on the French Riviera to the picturesque islands of Crete, from the casinos of Monaco to the quiet luxury of the Maldives, you will readily find these classes of people languorously trying their luck at the gambling tables or stretched across their reclining beach stools or swimming in the cool or warm waters of the nearest pool. The onlooker would eye them with a certain measure of jealousy, as he or she would rightly be envious of their luxurious lifestyle. But they have earned it, and so should we....

If you have the money, the time and the inclination, why not make Dubai your stopover for the next holidays? Contrary to a Westerner's idea of a vast sandy desert, Dubai has very much transformed itself into an enviable tourist destination worthy of world standards and recognition. No more the once sleepy fishing village of yore, Dubai is today an amalgam of various structures and events that are carefully planned to be of use and attraction to the traveler, no matter what his or her interests or nationality. Curiosity has no limits, and the very presence of world class facilities at your arm's reach is enough to pique the interest of even the most sedate tourist. If anything, the whole event will likely be more understated than overstated. At any given time there is so much going on across the length and breadth of Dubai that one may be perplexed as to how best to spend his or her time. From world class tennis courts to golf courses, from Formula 1 racing tracks to white pristine sandy beaches like Jumeirah, Dubai has it all. When it comes to miracles and wonders, Dubai even has a skating rink that is kept at the right temperature all through the year. This is one of its many marvels and speaks of the ingenuity of science. Talk about constructing an ice skating rink in the middle of a desert climate! But that is not all. Dubai also has its share of the tallest, longest, broadest- all planned to attract the tourist or weary traveler. One can visit the Burj Hotel, billed as the only seven-star hotel in the world, or take a desert safari, visit the Mall of the Emirates or take a boat ride across the strait separating Deira and Bur Dubai. Dubai has a cultural village encapsulating its history, and museums and a lot of shopping centers. There is also a Summer and a Winter Festival.

Living in Dubai short term or long term offers a multitude of opportunities. There is a wide choice between Dubai apartments for the well off, to Dubai holiday apartments for a one to two month stay over. At the higher end of the line are Dubai holiday villas and Dubai luxury villas that range from ostentatious displays to quiet understated opulence. Dubai has something that will fit your pocket and lifestyle, so come and share the experience.

About The Author:
Daniel Marshel is a senior real estate consultant associated with Better Homes, a leading real estate firm in Dubai, UAE. He has more than 25 years of firsthand experience of working in Dubai Real Estate Market. He deals in buying and selling of commercial and residential property in Dubai along with long and short term rental in Dubai and its suburbs. His firm Better Homes offers online Dubai property listings, Dubai Apartments and in general every aspect of Dubai accommodation.

Is the Dubai Property Market on the Brink of Something Better?

Daniel Marshel (Better Homes) — Thu, 17 Dec 2009 08:58:30 -0600

A review of recent trends in the property sector seems to indicate that Dubai is certainly on the crossroads of development. Yet the present lull in the building and construction sector is worrying many analysts, to say the least. In the opinion of the analysts, the present recession is indicative of a transitory phase in Dubai's property market. Since housing is one of the key indicators of economic activity anywhere in the world, the slump in the current market has certainly affected other sectors of the economy. With the housing sector on a downturn, and the consequent roll back of many developmental projects, it was clear that jobs would ultimately be lost and many expatriates would return to their home countries. While this was done in the best possible way and severance packages were also given, the episode is nevertheless likely to leave a bad taste in the mouth of many an overseas worker. To some it was quite abrupt and ruthless; others saw it coming and tried to hold on to the very end. But the fallout was inevitable and as many as 1000 employees have been affected in the housing sector alone. Nakheel had to lay off as much as 500 employees, representing as much as 15 percent of its own workforce. Similarly Damac has laid off 200 employees, Better Homes axing 50 staff, and Omniyat 69, with other firms bringing up the rear.

Many experts feel that it is time to strengthen the property business sector with mergers and acquisitions and other means of cooperation and participation. While some dread the effects, others say it would be good for business on the whole as it would strengthen the sector on an overall basis. Since Dubai had been witnessing some cases of default on high end properties, it was even estimated that the Government would officially step in at some point to order the merger of failing institutions. This has not occurred yet however, and the fate of the firms and the projects still rests with the open market.

Meanwhile a silver lining on the property cloud has been noticed in Dubai's marina property market. According to the real estate firm Asteco, prices in Dubai's marina properties have picked up during the year by as much as 18 to 38 percent. The same effect has also been seen in the villas in Springs Dubai marketed as a prime spring villa Dubai property. This has been verified by the fact that as of October 2009, a one bedroom apartment in Dubai is selling at Dhs.1300 per square foot, while a 2 bedroom apartment in Dubai is selling at Dhs.1250 per square foot. Maybe the Dubai property market is really on the brink of something better.

According to the latest report of the Dubai House Price Index from Colliers International, real estate prices in Dubai have grown almost seven percent during the third quarter of 2009. Real estate transactions increased by 64 percent during the third quarter largely due to relative stability in prices and affordable housing. It is expected that the continuing property boom will be further strengthened by a series of new launches and openings within Dubai.

About The Author:
Daniel Marshel is a senior real estate consultant associated with Better Homes, a leading real estate firm in Dubai, UAE. He has more than 25 years of firsthand experience of working in Dubai Real Estate Market. He deals in buying and selling of commercial and residential property in Dubai along with long and short term rental in Dubai and its suburbs. His firm Better Homes offers online Dubai property listings, Dubai Apartments and in general every aspect of Dubai hotel apartments.

Dubai Real Estate: Making Your Dreams Come True

Daniel Marshel (Better Homes) — Tue, 01 Dec 2009 05:58:51 -0600

As a real estate company, Better Homes has around 20 years experience in the Dubai property market. This makes it one of the most knowledgeable and experienced firms in the Dubai real estate sector. It matters not whether a client is interested in buying, selling or renting Dubai apartments, villas, marina properties or making any other kinds of property deals-Better Homes real estate wing is here to help.

The good news is that Dubai has just recovered from a crisis of sorts in the property market. Given that the outlook is a bit gloomy and uncertain, and Dubai’s real estate prices have slumped from their earlier high about 2 years ago, the present conditions are making it feasible for less affluent but serious buyers to show their interest. Over the last year or so, Dubai has transformed from a sellers to a buyers’ market.

Now that the buyers are in the driving seat, prices have slumped to more realistic levels from the rather artificial high of the past. The cost of Dubai real estate has slowly reduced in price, and both sellers and renters have been forced to reconsider the rents and selling prices of Dubai apartments, marina and waterfront properties as well as the high end Dubai real estate deals. This reality check has been necessary because demand for housing has reduced with the movement of expatriates back to their homes abroad. The housing sector has been one of the hardest hit, followed by the financial sector. Lately the stock market has also seen a slump, on the news that Dubai World will not be bailed out of its present financial crisis by the Dubai Government.

But let’s see what’s in it for you. With prices being so affordable, there can be no better time for buying prized properties at affordable rates. Whether it is Dubai apartments, marina properties, spring villas or any other part of Dubai real estate, Better Homes can help you get the property of your dreams and make them come true. Try us out today.

Avenues of Growth in Dubai Property at Present Times

Daniel Marshel (Better Homes) — Thu, 18 Jun 2009 03:57:34 -0500

Dubai is well-known for the development in the sector of real estate in UAE. The ground-breaking technologies and concepts applied for the development of the city is remarkable. Therefore Investment in Dubai real estate is believed to be safer and most profitable way to double your money even at this moment of economic problems hovering all over the world.

Reason behind the expansion in Dubai property sector is the changes in laws and provision of flexibility for foreign investors provided by the government, which permits foreigners to buy, rent and sell properties in Dubai. Many real estate development organizations are offering resident visa for those who buy real estate from them. Several multinational organizations are currently establishing their offices in Dubai, which made Dubai a first-rate work market for professionals and skilled workers around the globe. More professionals are fascinated towards Dubai for the reason that the city provides attractive high salary. This phenomenon has created enormous demand for accommodation and office spaces. Especially Dubai apartments are very famous among the young and lively professionals and villas in Dubai are the hot choice of relatively affluent class. Laws in Dubai related to property are very understandable and formalities are minimum as compared to other countries.

With the continuous and rapid surge in Dubai’s population, a substantial proportion of which consists of expats and temporary residents living in Dubai for employment reasons, the question of buying or renting a residential property in Dubai is the talk of the day. Both the potential tenants and home buyers may be troubled by the question. But still reports on Dubai real estate say that the changing picture of global financial markets shouldn’t deter the locals from buying Dubai property if their plan is to stay there over the couple of years. As for those who plan to stay in Dubai for more than five years, buying a property can prove to be the wisest decision they ever made given the prices of Dubai property climbing higher and higher with each passing year.
Dubai has also emerged as shopper’s ecstasy due to its open port policy with little import duties and superb logistic facilities. Dubai has a world class facility for conferences and exhibitions; it hosts many international conferences and exhibitions. The Real estate sector in Dubai is experiencing immense activity in the form of investments from public and private organizations which include worlds, largest amusement park, tallest building and largest man made islands etc. Dubai real estate sector is expanding day-by-day to the ground breaking levels by introducing more modern and ground breaking projects.

Property investment in UAE, especially Dubai, is sure to yield heavy returns for the investors. Seeing the current property trend, in which limited supplies fail to fully meet the burgeoning demand, it’s easy to deduce that the time is ripe for the foreigners to invest in the UAE. If you choose to buy a freehold property in Dubai, you’ll enjoy many advantages as a foreign investor. You’ll have the power to sell or rent your property as per your desire. Due to a huge influx of expatriate and temporary residents in Dubai, the demand for short-term rentals is continually shooting higher offering yields around ten percent. The good news for the lenders is that no taxes on income, including that acquired from renting property, are levied in Dubai.

Dubai property

Daniel Marshel (Better Homes) — Tue, 26 May 2009 05:19:14 -0500

Dubai property is the hottest thing on the international property market at the moment. In just over 30 years, Dubai has transformed itself from a small fishing village and port into a sprawling and bustling cosmopolitan city. This transformation can be attributed to the mega ready now and off-plan real estate property developments and projects in the Dubai property market. According to recent estimates, billions of dollars have been pumped into projects currently under construction in Dubai property, with even more investment used for projects in the development stages.

The Dubai property market attracted worldwide attention in May 2002, when the Government of Dubai issued a law legalizing foreign ownership of Dubai properties in select areas in the city. The Burj Dubai expected to be the tallest building in the world, The Palm, and The World islands are only some of the iconic developments in Dubai Property. This site will help you learn more about the Emirate of Dubai and its stunning property developments.

Dubai property is deemed as an excellent investment opportunity given the current strength of its property market. Whether buying property as an investment, a holiday home, or a second home, Dubai property is the right choice to make. With an ever increasing population and a growing GDP, thousands of residents fly in each month to make Dubai their home.

Whether you want to buy, sell, or lease a Dubai property, you are almost guaranteed a return on your investment. When in the market for Dubai property, buyers are spoilt for choice. There is a wide variety of property types available, from city apartments in soaring skyscrapers, luxurious Dubai villas in the suburbs, or even beach side homes. This way, Dubai property truly caters to every individual’s lifestyle preferences.

UAE Reevaluates Issues of Freehold Property Visas

Daniel Marshel (Better Homes) — Tue, 28 Apr 2009 01:12:32 -0500

Acumen finally seems to have entered the minds of UAE’s Federal Government officials who recently have started to consider the issuance of freehold property visas. This news was revealed of late by a top Dubai government official who said that introduction of residence visas on foreign property ownership in various emirates of the UAE was under serious consideration. The DG of Dubai Government’s Finance Department added that the proposal regarding issue of property-linked visas, which was put forward by the Advisory Council of Dubai Government, was under a review.

It should be kept in mind that some emirates, acting of their own accord, had already amended their foreign property ownership laws and developed their own freehold visa arrangements. The purpose of the proposed freehold property visas at the federal level is to streamline the process and set a unified guideline for the entire UAE. The Federal Government officials hope that the new law will be introduced soon but no time line for the regulation’s introduction has yet been announced.

Issuance of residence visas on the purchase of freehold property was earlier in place when big developers like Nakheel and Emaar helped foreign property buyers to get three-year renewable residence visas. But all of a sudden, the developers stopped facilitating the buyers in this regard which brought the issue of freehold visa into focus.

UAE property experts see the proposal as a wise step that could restore buyers’ confidence in this time of crisis and add lure to foreign property investment in the region that presently shows an investment meltdown. Since 2002, major developers in Dubai have successfully used the issuance of residence visas on the purchase of freehold property to attract foreign investment in the emirate’s real estate sector.

Dubai’s residential property has always appealed the investor and the common buyer alike. In all the emirates of UAE, especially Dubai, several new residential developents are underway or nearing their completion. Homes in Dubai have never lost their demand and the number of those looking to buy a house in Dubai is continuously on a sharp rise.

Hundreds of real estate agents have mushroomed throughout the emirate that offer a wide variety of Dubai homes for sale and urge the buyer to buy property in Dubai with confidence. Villas retain their unique appeal and investors love to buy villas in Dubai. Property owners can also get the best use of their property if they choose to sell property in Dubai or rent it out. If you own a property such as Dubai beach property or Dubai condos, you can get high returns through short term rental. For all other types of residential property, you can get handsome returns through long term rental in Dubai.

If enforced, the new law pertaining to the issuance of freehold property visas will surely add to the attraction of property investment in Dubai and other emirates of the UAE which under present circumstances appears to be lackluster.

About The Author:

Daniel Marshall is a senior real estate consultant associated with Better Homes, a leading real estate firm in Dubai, UAE. His firm Better Homes offers online Dubai property listings, Apartments in Dubai and in general every aspect of Dubai accommodation.

Dubai Tourism Still on the Rise

Daniel Marshel (Better Homes) — Sun, 15 Mar 2009 04:22:01 -0500

Many recent surveys by local and international bodies ascertain that despite the recent global financial crisis, tourism in Dubai has not been affected and the emirate continues to attract tourists and holidaymakers of the world in its traditional fashion. Their fervour can only be seen intensifying with Dubai flaunting more and more tourist attractions. The results of these surveys show staggering growth in Dubai’s tourism – the year 2007 saw 13 per cent more visitors to Dubai than 2006, while for this year the experts predict a 10 per cent increase in the number of foreign nationals visiting the Middle East.

As Dubai remains a major tourist hotspot, short-term property rental here is one of the most thriving businesses. There has long been no slowdown in Dubai’s holiday and short-term rental property and prices and demand have only climbed with each passing year. Be it holiday apartments, villas, beach and holiday resorts, rental rates of all have increased manifold over the past few years. Even the rates of other short term rental property such as, self catering apartments and serviced hotel apartments, have not escaped the uncontrollable price hike.

This continuous upward trend in Dubai’s tourism industry and in turn in its short term property rental sector may have boggled the visitors and cost heavily on their funds, but has definitely been lucrative for the investors. High rental yields, excellent capital appreciation, and the ability to use the property as second home are some of the factors that make investors put their money fearlessly into short-term rental properties.

Besides tourists and holidaymakers, many other people visit the city for reasons ranging from business to employment and others. This segment of Dubai’s transient population is also a major contributor to the growth of the city’s real estate sector that deals with short stays. The way Dubai has laid its doors open wide to the job searchers and travellers from across the globe, investment in its short-term rental property can prove to be the most lucrative of all known property investments.

About The Author:
Daniel Marshall is a senior real estate consultant associated with Better Homes, a leading real estate firm in Dubai, UAE. He has more than 25 years of hands on experience of working in Dubai property market and is well aware of the latest trends in real estate for sale in Dubai, UAE. His firm Better Homes offers online Dubai property listings, Dubai furnished apartments and Dubai serviced apartments.

Leasing Fraud – A Cautionary Tale

Daniel Marshel (Better Homes) — Sun, 08 Mar 2009 05:04:25 -0500

As economic conditions tighten, people get desperate. Unfortunately, desperation can keep good people from exercising caution and, even worse, can turn already bad people into criminal fraudsters. While Dubai is generally a safe and secure city, people should always practice due diligence when it comes to serious transactions, such as buying or leasing real estate.

Better Homes has been made aware of a number of scams specifically involved fake leasing agreements. Fortunately, there is an easy way to protect yourself from falling victim. Below is a recent story reported by Better Homes Property Management division:

“A member of our Leasing Team was negotiating with a lady interested in multiple units at a building we were managing in Barsha. This building is exclusively leased by us at Better Homes- nobody else can lease out the units. The lady claimed that another leasing company was offering multiple units in this building at a much lower rate than Better Homes was charging. She showed us the ad online.

We called this other company, posing as an interested client, to see what was going on. The man who picked up the phone stated that he was able to offer the units at such a low rate because his client had reserved two floors a while ago but, due to economic conditions, no longer had employees to set up in the units.

After hearing the man’s story, our Leasing Consultant identified herself as a Better Homes agent and the man started to panic. We knew that the story was fraudulent because we’re the exclusive agency for the entire building and two floors had never been rented to anyone. After warning the man that he better stop such fraud he made up excuses such as we dialed the wrong number, he was talking about a different building, etc.

A couple days later, we followed up and called him again posing as a different interested client. Again, the man made up the same story. When we asked to see the original Tenancy Contract, the man said he would obtain it and then never called back. Basically, the man was scamming people into giving him security deposits and agency fees. A victim may unknowingly pay this money only to be told upon moving into the building that nobody has any idea why they’ve arrived.”

Janine Crisp, Head of Property Management, explains, “All it takes to avoid these scams is to ask for a copy of the original sales agreement and title deed. Most clients don’t know this and they are vulnerable to fraud.”

There are three morals to the story:

* Always make sure to check the original title deed and tenancy contract. Feel free to contact RERA to double check anything.

* Always work with a reputable sales or leasing agency, and make sure agents are who they say they are. In some cases fraudsters pretend to work for reputable agencies, so if you’re concerned just call the company and confirm the employment… get the agent’s mobile number from the company and then call that number.

* If a deal sounds too good to be true, it probably is. If you’ve really found a bargain out there, a double check on the credentials won’t derail it, and may save you from significant financial trouble.

News Source: Better Homes News

Better Homes offers Real Estate services. Property to buy sale and rent are available with valuable advice of property professionals. If you want to Find a property or looking for Real Estate for sale or rent contact Better homes.

A Homely Hotel Luxury

Daniel Marshel (Better Homes) — Sun, 08 Mar 2009 01:35:26 -0600

Dubai is unique in many ways, be it the tourist industry or trade, the ultimate luxury has almost become a synonym of the magnificent emirate- Dubai. Since the 1980’s when Dubai started emerging as a new epicenter of the economic activities the emirates tourist industry considered as the most innovative in the region. Galaxies of hotels in Dubai provide the most relaxing environment to the tourist as well as the businessmen visiting Dubai.

All hotels in Dubai remained occupied round the year because of hectic business activities. There are people who want the ease of home while doing business outside their country. But how is it possible to give someone the comfort of home while he is out. But there is everything possible in this new land of opportunities, with all its glamour and buzz hotel apartments in Dubai provide you homely environment amidst your business trip.

The hotel apartments have all the facilities of a hotel. Either you want a servant or a driver, internet connectivity or the meeting rooms; they all are available to you as easy as you fell home like. It is up to your budget that what sort of facility you need. If you want the luxury of three star hotels in Dubai you can have it. If you desire hotel near Dubai beach or in down town area there are plenty of hotel apartments available. Meaning the luxury and location are up to you whatever you want and can afford is just a phone or mail away from you.

The premium Hotel Apartments in Dubai are at convenient locations and have warm and friendly staff. They are Designed elegantly and furnished with modern amenities, the accommodation units ensures that your stay is as comfortable and enjoyable as possible.

Most of the apartments have a 24-hour coffee shop serving Arabic, Asian and European cuisine for you to feast on. At leisure, relax in the rooftop swimming pool or have a work out in fully-equipped gymnasiums. For the entertainment of kids the hotel apartments features pool tables, video games, and juke box. Most of them also have steam and sauna rooms. So if you are coming Dubai this time tri the hotel apartments and enjoy the ultimate luxury of the life time.

About The Author:

Daniel Marshall is a senior real estate consultant associated with Better Homes, a leading real estate firm in Dubai, UAE. He has more than 25 years of hands on experience of working in Dubai property market and is well aware of the latest trends in real estate for sale in Dubai, UAE. His firm Better Homes offers online Dubai property listings, Dubai hotel apartment s and Dubai luxury hotels listings and property investment services. The company provides professional assistance in selling, renting and buying real estate and helps one find a property in Dubai, UAE and across the globe with ease. For more information please visit http://www.bhomes.com

The Five W’s of Real Estate Training

Daniel Marshel (Better Homes) — Thu, 05 Mar 2009 02:24:35 -0600

Who?

Who can and who should take the real estate training or course?

Practically anyone who wants to make a career in the property industry can choose to go for the training. If one feels that they can carve their niche in the property sector and have what it takes to excel in the profession, a good real estate course will be of crucial importance. Amid the current financial recession when all industries appear to be toppling, property industry is still somewhat stable. Although there is an evident slowdown in the industry, yet it is growing. So the requirement for real estate professionals has not eroded and every property company needs a property professional. Today, when career opportunities in other professions show a great deal of saturation, the potential of real estate industry is slowly dawning upon people who are now taking up real estate training courses to enter this vast field of opportunities.

What?

What are the real estate training courses about?

Real estate of course! Every country of the world has its set real estate laws and ordinances. These laws may vary largely from country to country, and also from city to city within in a country. This is one reason why it is important for a real estate professional to not only become aware of, but also have a deep insight into his region’s property laws and regulations. The real estate training courses consist of a series of classes or lectures which cover anything and everything about real estate in your region. The courses are designed, handled and delivered by the area’s real estate experts with vast experience of the local property market. The most common things covered in the property training are the property laws governing your area’s real estate industry, your responsibilities as a real estate agent, and the types of real estate present in your zone of operation. The courses are also designed to hone your buying and selling skills as a property agent.

Where?

Where are the real estate training courses available?

Probably not far from you. These courses are gaining popularity around the world and many established property companies and agencies have taken this initiative. Not only established real estate companies, but also experienced property professionals have started educating people about the property business and its ethics with a special focus on the latest real estate trends of their own region’s property industry. So it’s very probable that after a brief search, you’ll be able to find a property company, agency or individual offering this course near your house or somewhere else in your city. And if you don’t, there are numerous real estate training courses available online in which anyone can enroll with ease. All it takes is a little online search and you’ll come across innumerable options. Most people consider online course more convenient than the classroom study as you can study at your convenience without having to rush for taking classes. It saves you the time and hassle of the traditional classroom study. Many online universities and institutions have even started bachelor and master degree programs in real estate development and management.

When?

When can you enroll for the course?

How long does it take to complete? It depends on various factors. Your choice between online and classroom study, the mode of training, and the trainer’s discretion, all these factors come into play. The best way to find an answer to this question is to visit the trainer in person if it’s an offline (classroom) course, or to visit the website of the trainer if it’s an online course. The websites of educational institutions bear all the details of the courses they offer including the course objective, outline, duration, and choice. One trainer may offer more than one property training course at a time designed for different individuals as per their requirements, suitability and market exposure.

Why?

Why should you take this course?

Well, we’ve already discussed it in the 1st answer. One definite answer to this question is that the property market is still booming when the other industries appear to be falling down in the current financial recession. As the industry is expanding, there’s more and more room for real estate professionals in it. Taking a real estate training course can help you make a career in this booming sector and excel professionally.

About The Author:

Daniel Marshall is a senior real estate consultant associated with Better Homes, a leading real estate firm in Dubai, UAE. He has more than 25 years of hands on experience of working in Dubai property market and is well aware of the latest trends in real estate for sale in Dubai, UAE. His firm Better Homes offers online Dubai property listings, property management and property investment services. The company provides professional assistance in selling, renting and buying real estate and helps one find a property in Dubai, UAE and across the globe with ease. For more information please visit http://www.bhomes.com

The Profits of International Property Investment

Daniel Marshel (Better Homes) — Sun, 18 Jan 2009 07:27:24 -0600

The fear and hesitation that surrounded investment in overseas real estate till the recent past seem to be evaporating with sufficient confidence building measures by the world’s major property markets. Governments are becoming more accommodating towards international property investors and are making property ownership possible for them. Even the countries with the strictest property laws are having second thoughts and seem prepared to let the foreign investment pour in. Many of the world’s leading real estate markets have even launched mega projects dedicated for investment from overseas buyers.

Not very long ago, any type of real estate transaction be it buying, selling or renting, was a tedious and tiring task involving physical presence and lot of paper work. Thanks to today’s technology, most part of the labour involved in property ownership process has been removed. International property buyers can now search for their desired property through internet and even pay a virtual visit to the property right from the comfort of their home. There are hundreds of real estate websites available on the internet whose property listings are regularly updated. All the buyer needs to do is simply browse the relevant property listings and the right property is just a few clicks away.

Overseas Investment property gives the owner a double edged opportunity for profit making. After buying the property remotely, the owner can rent it out and enjoy handsome regular income while staying home. On the other hand, the value of property also keeps rising at the same time and its resale after a short holding period can bring very attractive profits to the owner. And more interestingly, a residential property can serve a great second home away from home for the investor. Overseas property investors are well aware of these lucrative benefits of investing in international real estate and for them; high rental yields and rapid capital appreciation are two of the most attractive features of this type of investment.

UAE, especially Dubai, ranks first among the most favorite global investment locations. Other major property investment hubs of the world include Brazil, Dominican Republic, Egypt, India, Italy, Morocco, Panama and Turkey. Property investment, whether it is residential or commercial, in any of the said locations can bring the investor multiple income-generating opportunities which are way better than any other investment. Even an old and shabby property purchased at low price can be resold at amazing rates after a bit of refurbishing.

Dubai Commercial Property - Prospects for New Investors

Daniel Marshel (Better Homes) — Tue, 13 Jan 2009 05:24:29 -0600

Dubai is known as one of the fastest growing cities in the world. The emirate attracts business from all over the world and because of the city’s commercial vitality, multinational organizations from all around the world want to establish their offices in Dubai.

Minimum import duties in Dubai is one of the main reasons why regional and international entrepreneurs are interested in establishing their warehouses in Dubai. Because of lucrative business opportunities Dubai commercial lands are becoming more and more precious. Investment in Dubai Commercial lands generates great returns for investor because of their ever growing prices. Accommodation for labourers is one of the main concerns for all Dubai businesses because the UAE is heavily dependent on expatriates for workforce. Once a new company starts its business it has to establish labour houses in Dubai for the accommodation of its labourers.

The business of restaurants in Dubai is also very profitable. Indian, Pakistani, Arabian and continental foods are favorites in Dubai. People associated with the business are always looking for shops in Dubai to open new cafes and eateries. So if someone is really interested in investment in Dubai commercial property, he can buy shops in Dubai and resell them at profitable rates after sometime.

With the rapid increase in Dubai’s population, the demand for health facilities in the city is also growing. Many International Hospitals in Dubai are catering the city’s medical needs, but still more are required. As the demand for medical facilities in Dubai is continuously on the rise, there’s a growing lack of space for hospitals and clinics in Dubai. So investing in spaces for medical facilities can also bring the investors high returns in very short time.

Commercial Property in Dubai is available in different forms such as, office spaces, warehouses, labour houses, hospitals/clinics and hotels and restaurants. So you have options abound if you want to invest in Dubai commercial property.

Real estate experts believe that Dubai’s Commercial property will become very scarce in next couple of years as more and more businesses coming in Dubai are creating high demand. So it’s high time for people interested in investment in Dubai commercial property to buy properties for better future prospects.

Surge in Leasing Charges for Dubai Property

Daniel Marshel (Better Homes) — Mon, 12 Jan 2009 07:03:52 -0600

The current property boom in Dubai has sent rental charges rising upwards since the year 2002, at an average 37% increase according to The Dubai Municipality. The higher cost of living, unregulated rental increases and average 1.5% salary increase in the private sector, according to a study done by GulfTalent.com, has put a lot of pressure on Dubai’s tenants. To alleviate some of that pressure, the Government of Dubai moved to impose a rental cap of 15% in October 2005.

Considering the rapid increase in Dubai’s population that has swelled from approximately 800,000 in the year 2000 to 1.3 million in 2006, where it stands today, there is a shortage of residential apartments and villas for rent. This excess demand over supply has led to higher rental charges because Dubai Property continues to be in short supply.

Despite the current shortage, the future of Dubai property remains extremely bright. Over the next three years an additional 84,000 accommodation units are expected to be ready for occupancy as new projects are completed. The addition of these properties is expected to help stabilize the marketplace for rents.

Investors who have put their Dubai properties out for rent yield an average of 8-9 percent on their property at the current market rate. Deemed a good investment, several new comers and existing residents in the city are seeing the benefits of buying their own accommodations, instead of renting.

Reasons To Invest In Mumbai Property Market

Daniel Marshel (Better Homes) — Mon, 12 Jan 2009 07:00:04 -0600

India is the largest country of south Asian region. Its economy has shown a constant upward trend in the last decade or so. Most of this gain in economy is started after India emerged as one of the I.T giant of the world. The positive effects of this development in economy of the country are perceptible in every business sector including the property market. Mumbai, which is acknowledged as the commercial capital of the India, has gained the attention of the investors of the world together with those who prefer to invest in property market.

But what could the main reason behind Mumbai becoming investor’s paradise in India? The answer is simple one. The market of Mumbai offers high investment returns to the investors including real estate investors. This is the core reason why Mumbai is exerting a pull on investors from all over the India and world alike. Real estate investors do have adequate incentives to invest in the Mumbai property market. Currently it is the most populated city of India and Mumbai and its suburbs encompass the second-biggest urban agglomeration in the world after Tokyo. And the rate, at which its population is budding, points toward the increase in the demand for both commercial and residential properties in Mumbai.

At present, there are mixtures of giant residential and commercial projects in the phase of development and many more in the channel. This indicates towards the amount of profit which is there in the Mumbai property industry. Various multinational companies and financial institutions are based in Mumbai and more are planning to come here to invest. So the demand for property in Mumbai is not going to decrease. And people here have enough money to buy properties in Mumbai as it is referred as the ‘New York of India’.

Mumbai has a chance for people from every class of the society to invest in property market. As a middle class man you can purchase a few apartments in Mumbai and then you can make money by renting them. If you are looking to invest in property market of Mumbai then you are better advised to buy property in Navi Mumbai or in any other suburb of Mumbai (like Worli, Bandra, and Parel etc.) as property here are relatively cheaper. Investors are targeting Navi Mumbai because the prices here are on the increase. It is a newly developed area just across the harbor. Navi and other suburbs are ideal places for you if you are planning to buy residential property in Mumbai.

As for as the investment in commercial properties in Mumbai is concern, you have all promises of gaining a good investment return on your side. Indian government has taken some good steps in this regard. Relaxation in the strict Foreign Direct Investment regime has proved a massive support for foreign investors. More companies have come forward to invest in India. They have taken up thousands of square feet of commercial properties in Mumbai and this demand is ever increasing.

If you are preparing to buy or sell properties in Mumbai, then best thing you can do is to hire the services of any property agency. If you are short on time then there are many property agencies like Better Homes India that provide online services. Hiring the services of a property agency can help you in grasping the best deal for you in limited time.

Tips For Buying Properties In Mumbai

Daniel Marshel (Better Homes) — Mon, 12 Jan 2009 06:50:55 -0600

In the last decade or so India has made and still continue to make a swift growth on the turf of Information Technology. This massive expansion in IT Sector has resulted in domestic industrial growth as more and more multinational companies and services industries started to invest in India. They had their share of profit with this IT boom in India. But there is one industry that has benefited the most by this growth and that industry is the property market of India as demand for more and more office space and other real estate property has been on climb in the country.

To fulfill the demand, property developers in India are developing residential, commercial and retail space in the major metropolitan cities of the country. This demand for property has made cities like Mumbai, Delhi, Bangalore, Kolkata, Chennai, Hyderabad, Ahmedabad, Chandigarh, and Jaipur the most coveted hot spots for commercial and residential activities. More and more people are coming to these cities in search of better employment, which has resulted in high demand for residential property in these cities.

The demand for property in Mumbai is even higher as it is the business capital of country and world’s largest film industry is also situated here. Every one in India wants to be in this city of dreams. Many people want to settle in here in hope of good career and some want to spend a few days here. This has made the job very difficult for those who are looking to rent or buy residential or commercial properties in Mumbai. But many real estate agencies are helping people in buying property in Mumbai. These agencies offer a wide range of services to their customers together with buying, selling, renting-in and renting-out. In order to expand their business few property agencies offer some services through internet. So if you are looking to buy residential properties in Mumbai or buy commercial properties in Mumbai then simply visit to the website of any of such real estate agencies like Better Homes India and you can find the best deal for you.

But there are some points that should be kept in mind while buying or renting a property for you.

1. Take a seat with your family and come up with an amount that you are ready to pay out.

2. Keeping in view the amount at your disposal, agree on some grounds with your family. For example, if you looking to buy residential property in Mumbai, you must agree on some basic things with your family like; how many bedrooms you want, in which area of the city the apartment should located, etc.

3. Be realistic in your decision. Always keep an eye on your budget and limitations.

4. Be very clear with your property dealer about your requirements and budget. Many online property agencies have detailed search form on their website that can help you in locating desired property for rent or buy in Mumbai.

5. Be ready to compromise. It is not always that you can rent or buy a property that has every thing you want. It could have your desired no of bedrooms in the amount in your hands but could be half a kilometer away from your preferred location.

6. Last but not the least; always beware of fraud real estate agencies. Always look for trusted and well established property agencies.

So it is becoming easier and easier today, for both foreign & domestic investors as well as common man, to find residential or commercial property in Mumbai that best suited to their requirements. All you have to do is be clear about your budget and requirements and acquire the services of good property agency and Better Homes India is definitely one of them.

Insight of Mumbai Real Estate Market

Daniel Marshel (Better Homes) — Mon, 12 Jan 2009 06:48:52 -0600

To own a beautiful house in first-rate area of any city is everyone’s dream in India today. But not every dream comes true. And this dream becomes all the more difficult to come true if you would like to own a house in big cities like Mumbai, Delhi, Kolkata, Chennai, and Bangalore. In big cities and above all in Mumbai, it takes a gigantic task to come across to an appropriate house within your means. But this tricky task can be made trouble-free if you can engage the services of a competent property consultant who knows each and every thing about Mumbai Real Estate market.

Mumbai property market is the largest real estate market in India. With a population of around 19 millions people, Mumbai and its suburbs encompass one of the biggest urban agglomerations in the world that is only second to Tokyo. The population of Mumbai is increasing at a massive rate. Unfortunately, the rate of developing new residential and commercial property in Mumbai has always been lower than the rate increase in population. As a result, you come across families in Mumbai who are forced to live in small rooms. According to the national census of India of 2001, every other person in Mumbai is living in slum. All these facts point to the amount of intricacy you can face while locating a suitable property in Mumbai either to buy or rent-in.

To stay away from this difficulty, my advice for you would be to take into service a competent real estate consultant in Mumbai. There are many fine real estate agencies in Mumbai like Better Homes India who can do that for you at less commission. These agencies have years of practical experience of working in Mumbai real estate market to come good for you. They can help you under different circumstances. They can buy a commercial or residential property in Mumbai for you as well as they can be a great helping hand if you want to sell property in Mumbai. They can even help you in case you are looking for long or short term rental in Mumbai.

Since population graph of Mumbai shows an upward trend, it means that property prices in Mumbai would be higher when compared to any other Indian city. Lack of space for new property development from Juhu Beach to South Mumbai, has made the property prices in this area to shoot skywards. Of-late there has been a new craze of redevelopment of property in posh Mumbai areas like Bandra. But the property prices in areas like, Juhu, Bandra are to some extent unaffordable to middle class. With the intention to win this segment of the society, the market of real estate in Mumbai is developing various projects in the suburbs of the city. Navi, a suburb of Mumbai, is their main target in order to provide affordable commercial and residential property in Mumbai. Navi is known as twin city of Mumbai with a population of 0.75 million. The future of real estate in Navi Mumbai is very bright and property prices here are already started to move upward quickly. And to me it is the best moment in time to buy property in Navi Mumbai.

As a Mumbai real estate consultant my advice to you would be to buy property in Mumbai suburbs in place of main old Mumbai. These suburbs like Navi Mumbai are being developed to sound and modern plan and have every facility of life. The property prices here are another plus to go with these areas. The choice is yours but there is one thing certain. The property value in Mumbai is going to increase with course of time and an astute investment in Mumbai real estate market can earn you massive profit in future.

Mumbai Property Market - The Continuous Upsurge

Daniel Marshel (Better Homes) — Mon, 12 Jan 2009 06:45:02 -0600

India, the world's second most populous country whose economy has seen a rapid upward movement over the last decades, is the largest South Asian country and has emerged as the region's major economic power. One of the biggest contributors to the Indian economy has been its IT sector, expansion of which has resulted in domestic industrial growth as more and more multinational companies and services industries started to invest in India.

Almost all business sectors in India have benefited from the growth of the country's economy, and India's property sector is one and the more prominent of them. Talking of the constant upward trend in Indian property market, it takes no guesswork to tell which of India's property markets the investors' paradise is.

It's undoubtedly Mumbai property market. But what could be the reason behind the Mumbai real estate boom? Simply enough, Mumbai property market offers investors heavy returns in very short time spans. That's the main reason why Mumbai real estate is exerting a pull from the investors not only from all parts of India, but also from around the world.

Investors have many good reasons to invest in Mumbai Property. Mumbai is the most populous city of India with its population continuously budding at high rate. Due to this constant increase in population, the need for both residential and commercial property has all the more arisen. On the negative side, development of new residential and commercial property in Mumbai doesn't equate to the current demand. So it's commonplace for one to see big families forced to be living in as small as one-room quarters or apartments in Mumbai.

The unstoppable upsurge in Mumbai's population is one factor that ensures heavy returns on Mumbai property investment. Lack of space for new property development from Juhu Beach to South Mumbai, has made the property prices in this area to shoot skywards. Additionally, property prices in posh areas like, Juhu, Bandra are to a great extent unaffordable to middle class. That's why the market of real estate in Mumbai plans to develop several new projects in the suburbs of the city keeping in mind the affordability of the middle class.

Settling in or simply seeing the wonderful city, the city that's home to the world's largest film industry, is and has always been a dream for the Indians. Moreover, Mumbai is the ultimate destination for the people of all parts of India in search of better career opportunities. Growth in nearly all business sectors in India is drawing in foreign investment which has had a very positive effect on India's property sector, especially on Mumbai real estate.

These factors kept in mind, it can easily be asserted that the future of real estate in Mumbai is really bright and property prices here will continue to witness an upward trend. Finding a property in this situation can be a taxing task and a real estate consultant can be of great help. Mumbai's property agencies offer a wide range of services to the customers together with buying, selling, renting-in and renting-out. One thing is for sure that you can earn massive profit in future by investing in Mumbai real estate market.

Dubai Hotel Apartments - The Best Choice For a Short Stay in Dubai

Daniel Marshel (Better Homes) — Mon, 12 Jan 2009 06:42:17 -0600

Dubai is the most glittering star in the galaxy of Middle Eastern estates. The emirate is considered as one of the most famous tourist and business destinations of the world.

To cater the needs of pouring tourists and businessman Dubai offers a variety of accommodation choices. There is a range of luxury hotels, serviced apartments, villas etc but a new phenomenon is emerging in the form of hotel apartments in Dubai. These hotel apartments can give you the luxuries of a five star hotel while you can still feel at home. The hotel apartments are suitable for both long and short term stays in Dubai and of course the cost is much cheaper than stay in a luxury hotel.

The procedure of booking of a Hotel apartment works on the same pattern of a hotel style booking system. You do not need to get into the trouble of entering in any contract with the owner of hotel apartment and simply can checkout whenever you want. Hotel apartments are very luxury type of residential accommodation that is combination of a hotel room luxuries and apartment's ease that are offered to a visitor to stay for a different period of length for stay for a few days to months sometimes even years. As far as cost of accommodation is concern the hotel apartments happened to be much cheaper in from hotels and are equipped with all the services that a resident requires.

Usually, the Dubai hotel apartments are located at prime locations with beautiful view of the cities high rise buildings and beautiful beaches .The apartments are fully equipped with all the modern day luxuries of a hotel like broadband connection & interactive TV, servicing and integrated kitchen and bathroom and other which are expected to be in a luxury residence.

Due to increasing tourism and business activities in Dubai the business of property and real estate is flourishing. Numbers of new residential projects are underway and chains of world class hotels are increasing day by day with the provisions of ultimate luxury and leisure but the hotel apartments are great alternative of the luxury hotels at a relatively low cost.

The Prospects of UAE Real Estate in the Future

Daniel Marshel (Better Homes) — Mon, 12 Jan 2009 06:37:56 -0600

For those who are looking for an investment opportunity that doesn't surrender to the international fall trend in real estate investment transactions, Dubai real estate market still appears to be a profitable option. Even though the initial stage of crisis seems to have gone, the credit crunch is expected to continue well into 2009, chiefly, in European and US property markets. This signifies a substantial decrease in property transactions in these markets.

However, according to many surveys conducted, the UAE real estate market, and few other markets such as the Asia Pacific, will not be affected to a great extent, and continue to draw investments.

Dubai real estate boom began in 2002, When the government of Dubai started permitting foreigners to invest in real estate, and this trend has lead to a series of real estate boom across the region. The GCC mortgage market, chiefly the UAE, experienced enormous growth over the past year, encouraged by the real estate boom.

Various experts have forecasted that mortgage market in the UAE will observe a major leap from Dh.20bn by the end of 2008 to Dh.64bn within the next three years, with Sharia-compliant house financing share to more than 60 percent of this figure.

Good news for a Dubai realtor is that the centre of current financial Crisis is US and Europe and as far as UAE is concerned its economy does not suffer as much as Europe and America mainly because of oil wealth and dynamism in the economy. Moreover the future prospect of real estate market of Dubai is quite good for 2008 and beyond because of the fact that there is intense and ever growing demand for real estate in Dubai with almost 5,000 new families moving their base to Dubai every month. This is the area where, supply cannot keep up with demand, which in consequence increases rental rates charged and of course the underlying value of completed resale properties.

Why Invest in Real Estate?

Daniel Marshel (Better Homes) — Mon, 12 Jan 2009 04:09:39 -0600

A successful property investor would have a hundred answers to this question, but in this article we’ll glean only some major pros of real estate investment in the world’s prominent property markets. We’ll also see how a wise timely decision can make you rest upon your laurels and enjoy handsome regular incomes while staying in the comfort of your home.

Many see the current global financial crisis and the ‘failing’ property markets in the negative light and avoid taking risk of investing in property at this point of time. It’s true that property buyers and investors globally have reservations about putting their money into property and their concerns are quite understandable. But when we compare real estate investment with other forms of investment, we find that even in the present critical situation, property remains is one of the most lucrative businesses. Property markets are falsely being dubbed as ‘failing’, only they are not performing as good as they did a few months back.

There are many reasons why investment in property is still one of the safest investments, but the primary one is the population growth. World’s major property markets such as, UAE, Turkey, Italy, and Brazil etc, remaining immune to the current financial slump, are faring remarkably well and continue to thrive, though at a slower pace than before. These property markets are either financial or tourism centres and population in there is constantly on a rapid surge. Expatriates and tourists in these property hubs constitue a substantial portion of the total populace and are a key cause of the rising demand for property. As all these real estate centres are extremely business-friendly with a few even offering a tax-free environment, those who want to set up their business and also those in search of better employment opportunities gravitate to these countries.

This foreign influx in the shape of businessmen, job searchers, and tourists plays a major part in keeping the property business thriving. Demand for all types of residential and commercial property can only be seen going higher unaffected by the fall that other industries are currently facing. Buying the property, either for self use, or to rent out or resell, is still a safe investment and can bring the owner high margings of profits in a short period of time. Though the slowdown in real estate sector is undeniable, the situation may be a blessing in disguise for the investors and general buyers. As the property prices have lowered, it’s high time for them to invest in property and enjoy the ownership of a property and the fruits it can bear in the near future.

Getting the Best Out of Your Property

Daniel Marshel (Better Homes) — Mon, 12 Jan 2009 04:04:22 -0600

For most people, being able to seize a lucrative investment opprtunity is a hard nut to crack. Money is not easy to come by and that’s a universal truth now. Whatever amount of money people spare to invest for a secure future is their long-time saving and the fruit of a lifetime of toil, which, of course, they cannot afford to stake in risky investment adventurisms. What they need is a safe investment that can yield high returns and assure them of a secure future.

Today, the most reliable of all investments remains real estate investment. Property is one area where you can put in your hard-earned money with complete confidence and rest assured of high profits. Unlike other forms of investment, investment in real estate in any major property market of the world has the potential to bring you high returns in all circumstances. A shelter over head is what everybody needs anyway, just like food and other basic necessities for the sustenance of life. The demand for property thus never sees a sharp drop even in the midst of the worst financial crisis like the one we face today.

The current global financial slump may have caused the real estate investment to temporarily slow down, but the demand for property for sale and rent is still there. Real estate rental, for one, has remained almost unaffected by the financial crisis and both short term and long term rental industries have continued to boom. Those looking to buy property, though now reduced in number given the current economic situation, are still out there hunting for a suitable property for sale. Numerous real estate developments are continuously being initiated and launched across the world and some developments are snapped up when still in the off-plan phase.

We can easily see how the property investment remains nearly completely intact even in unfavourable economic conditions. Property in the world’s major markets like Dubai, UAE, Turkey, Italy etc is still strong in demand and analysts predict that the markets that appear to be failing today will regain their previous status fully by 2010. The present real estate situation and the future predictions should be a big reassurance for the indecisive minds about investing in property.

Dubai Property

Daniel Marshel (Better Homes) — Tue, 01 Jul 2008 01:47:19 -0500

Until a few years back, buying freehold property in Dubai was not possible for foreign nationals. Property boom in Dubai only ensued after some considerable changes were made to the emirate's property laws. Currently, Dubai real estate sector is witnessing a rapid upward trend that's expected to go even higher with the passage of time. Population of Dubai has grown manifold over the past few years given a sharp and growing increase in the number of expatriates. Both veteran and would-be investors across the globe are eying Dubai as the property investment paradise for a long time to come. Property for sale in Dubai has already succeeded in drawing the attention of foreign investors.

Investment in Dubai property, whether it's buying property in Dubai for permanent relocation or business, or you simply want to cash in on the most popular investment trend in Dubai property i.e. buy-to-let, is very lucrative. The immense development Dubai continues to undergo with massive infrastructure projects reflects the exploding need for space for the country's multiplying populace. Given these circumstances, the boom in Dubai property market doesn't seem to slow down at any point in the foreseeable future. These upward trends of Dubai real estate make investment in Dubai property extremely risk-free for foreign nationals and they can choose to invest in Dubai even with their eyes closed.

Nearly all of the buyers of Dubai property find property resale and buy-to-let trend as the most attractive features of property ownership in Dubai. Some recent announcements point towards Dubai's becoming a tourist hotspot in the near future with more recreation than ever. Newer entertainment and recreation projects are underway which have already drawn a great deal of international attention. The emirate, which is already termed as a playground in the desert, is soon to have more to offer to the world's recreation seekers. This much international focus means an even stronger property market potential with returns that continue to shoot up.

To the benefit of investors, though not a positive sign for the buyers with no commercial intent, the demand for Dubai property, Dubai Property, Dubai villas or any other type of property in Dubai by far outstrips the supply. This demand/supply disparity makes Dubai property investment an extremely attractive prospect for the foreign investors. As the experts of Dubai property forecast, the market is lucrative for the investors who already bought property in Dubai. But the market is not so friendly for those seeking rental property right now. If you're one of those lucky enough people who have already secured property in Dubai, you're likely to be reaping profits. But if you're on the lookout for a decent rental accommodation in Dubai, you might have a hard time ahead as the prices are very high and are set to rise higher.

Experts speculate that the population of Dubai will be doubled in 2010. This will turn Dubai into one of the world's hottest destinations for expatriates and holidaymakers alike and this just bodes so exceptionally well for property investors.