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Free Hold Properties » International City
property Iternationalcity - Dubai, UAE Real Estate consultant for Freehold Property
International City
 
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The International City encompasses businesses, residences and tourist attractions and is made up of six key areas, including The Central Districts, Dubai Gates, The Dragon Mart, The Residential District, Lake District and the Forbidden City. International City is a melting pot of the diverse cultures and lifestyles that lend Dubai its cosmopolitan air.

"Dubai real estate prices continue to advance with a studio in the Jumeirah Beach Residence now on sale for USD245,000, or three times its original selling price. Price rises on later real estate projects have been lower but healthy premiums continue to attract buyers, even though they now have to put down around 30 per cent." (AMEInfo Jan 05)

Taking the above into account, a lot of potential investors are finding it extremely difficult to identify capital growth opportunities today. However, Investors Provident are consistantly securing opportunities with the potential to invest for either short term gain, or long term equity growth. These investments are located within the massive 800 hectare development of International City. The property development company in charge of the project is Nakheel, Dubai's government-backed developer, and construction is now under way with expected completion in 2007. All the International City areas have been sold and deals are now being traded in a secondary market.

We often get exclusive access to a number of properties within this development and prices tend to be extremely competitive.

If you believe that now is a good time to be investing in dollar-denominated assets, then it is an advantage as you have the option to sell before completion if the dollar strengthens over the next two years

WHY INVEST IN INTERNATIONAL CITY

  • Extremely competitive prices compared to open market value
  • 2 years to completion to provide maximum capital uplift (Dec '06)
  • Excellent rental potential - circa 10% p.a.
  • Proximity to forthcoming Dubai Land ( DubaiLand ) and other major attractions
  • Huge international business exhibition market - e.g. Dragon Mart area attractive to Chinese companies
  • Invest approx. 50% now and take advantage of the dollar strengthening against the £ over the next year, thus lifting the AED higher.
  • Finance may be available on 50% LTV (subject to status and circumstances)
  • Residency visa on completion including tax free status of Dubai.

    Further details on International City project can be found at: ( International City )


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Why Invest in Dubai?
why invest in dubai Dubai was the first emirate of the United Arab Emirates (UAE) to get involved in freehold real estate, at a time when UAE and GCC nationals were only permitted to own property in the United Arab Emirates. Buying real estate in the Emirates is slowly changing and becoming more available to experts.

The purchase of property on freehold basis means that the property is put in the owner's name for life, and the owner has the right to sell, lease or rent his/her property at their own discretion.

Dubai's population explosion has resulted in large numbers of investors from the world over buying/selling/investing residential/commercial property in the Dubai, UAE. With huge numbers of businesses registering in Dubai and its freezones everyday, the need for residential, commercial space has become great. Whether it is house, offices, restaurant, showrooms, warehouses or any type of property it rarely stays on the market for any great length of time.

Whether you are looking to buy/sell/rent your residential/commercial property in Dubai, UAE, We maintains a database of properties available. Our professional staff have access to up-to-the-minute information on available Dubai properties, and excellent local knowledge of the Dubai property market. This makes us ideally placed to help your search whether this is for your own business use or investment properties.

Our website provides you with access to extensive lists of Dubai properties for sale on the secondary market and property available to rent. In addition you can browse through details on some of the more recent developments, where opportunities may still be available to purchase a property off-plan....

 
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