Abu Dhabi Property Prices To Keep Rising.

There really is more to the UAE property market than just Dubai real estate, honest, which Abu Dhabi is now really beginning to demonstrate. Whilst the current outlook for Dubai property is gloomier by the day with developers reducing their staff numbers and developments being canceled or put on hold, just a short ride down the road in Abu Dhabi the situation has been progressing in a different manner. Whilst Dubai property burst on to the scene with a large bang and with much glamour and pizzazz, Abu Dhabi was quietly and successfully going about its own business. Whilst Abu Dhabi has not witnesses the feverish buying frenzy that was recently witnessed in Dubai these past years, it has enjoyed a strong and consistent level of demand, something which according to the latest Citigroup report should see Abu Dhabi real estate prices continue to rise despite the current negative financial environment.

One area of Abu Dhabi real estate that has been in particular demand is commercial and office space. Rental prices for prime located offices have continued to soar these past three or four years, up some 40% in 2006, 10% in 2007 and even 2008 has seen increases reach 14%. A shortage of commercial real estate options in Abu Dhabi is the key factor behind the rental increase, with demand to purchase such real estate ever growing. And yet despite all this Abu Dhabi prices still lag someway behind the likes of Hong Kong, London and Moscow, so there is still plenty of room for the market as a whole to grow and maneuver. And residential property demand in Abu Dhabi again looks strong due a continued undersupply of such property until at least 2012. All of which spells good news for property here, as demand certainly doesn’t look to be a problem for the time being, but what about financing and credit problems? After all demand doesn’t matter if you can’t finance the building of such projects.

Well this of one area that Abu Dhabi enjoys a distinct advantage over Dubai property, as it has accumulated huge reserves of wealth, and despite falling oil price, will have no problems it is ability to finance real estate project, something other places could only dream of. So for the moment Abu Dhabi property looks set to remain strong with both demand and financing issues witnessed elsewhere not really posing such a problem here

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Ultimate Luxury The World Islands Dubai

Dubai’s most exclusive address used to be anywhere within the Emirates Hills development. Well, not to be outdone, Nakheel, the developer of unique projects, has topped the mansion development of Emirates Living Community with The World Islands. This development is not for the faint hearted, or anyone but the super rich, as this development consists of 300 islands arranged in the shape of the world map, located just off the coast and the ultimate Dubai property address.

As the project has based its design on the map of the globe, this has made certain islands within the project highly desirable. The costs of the islands range from $20 million to $50 million, meaning you need to have a big budget to afford one, and since no infrastructure is included in this, buyers then have to develop their purchased islands themselves. While there have been considerable investments by individual wealthy buyers, there have also been a lot of purchases by companies hoping to develop the islands for hotels, resorts and smaller freehold developments.

The Select Group is just the latest Dubai real estate developer to announce plans for the islands they have purchased. The company has bought France and Spain, two significant and highly demanded islands, and plans to create a world-class development called Aquitainia. The development will offer the most exclusive address in Dubai, residents of the development will have to reach Aquitainia by boat, but by providing the finest service, luxury and facilities, this is sure to be a highly desirable address.

The other islands that form The World Islands are also set to be changed into private resorts, expansive villas and even tourist attractions. With access to the islands restricted to boat or seaplane, the islands really do offer a level of exclusivity that cannot be found anywhere else. So, if you are in the market for your very own island, then why not buy yourself a whole country on The World.

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The Mansion Dubai Property

Just when we thought that the number of new property launches was slowing down, there is yet another new development on the Dubai real estate market. The Mansion at Burj Dubai is the latest luxury living concept that will offer a standard of living to rival the prestigious Burj Dubai itself. With a mixed development community taking shape at Downtown Burj Dubai, The Mansion will be a niche addition to an already impressive community of high-rise and low-rise living in the city.

The Mansion is going to be a 60-story building, designed by the same architect that created the Burj Dubai, and it has been designed so that all residences offer views of the Burj Dubai Tower and the magnificent Burj Dubai Lake. All the properties available within the Mansion will feature terraces to accompany the luxury, high specification apartments, as well as the other numerous facilities that are available here. With 24-hour security, swimming pool, gymnasium, sundeck, business centre, entertaining areas and a dedicated stop on the tram network, life at the Mansion emphasises convenience and luxury and typifies Dubai property.

With a choice of studio, one, two and three bedroom apartments, property buyers have an excellent choice of units. In addition to these units, there are also some exclusive duplex apartments that offer even more space and larger terraces, as well as a single penthouse at the top of the development, which is the ultimate property purchase. With such a key location, properties at the Mansion will come at a premium, particularly the more limited units, but for serious property buyers, this is the next best thing to owning a home in the Burj Dubai Tower.
With additional benefits of being in a community of freehold properties, the added amenities of the Dubai Mall and even an international restaurant on the ground floor of the Mansion, owning a home in Dubai’s hottest development is an opportunity not to be missed. Properties at the Mansion go on sale on the 14th June at the Downtown Living Sales Centre, so don’t miss your chance to own your dream home in Dubai.

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Dubai Properties JBR

For an apartment community like no other, Jumeirah Beach Residence is the largest single-phase development of residential apartments in the world. Covering a 22 million square foot area right next the pristine shores of the Dubai coast, this development consists of 36 residential towers, as well as 4 hotels. With an excellent location on the edge of Dubai Marina, Jumeirah Beach Residence is the perfect place to live, offering views of the Arabian Sea and the beautiful manmade marina.

As a concept from Dubai Holding Company, also responsible for Business Bay and Dubailand, Jumeirah Beach Residence is an earlier freehold development launch, and as a result is already completed. This development has a great amount of appeal to buyers that don’t have the budget for the most luxury properties available in Dubai, but want the great location, and location doesn’t get better than this. Jumeirah Beach Residence, or JBR, is amongst the few freehold developments that reside on the beachfront. With the Palm Jumeirah, World Islands and Palm Jebel Ali being the other options, JBR is certainly the most affordable beachfront freehold property on the entire Dubai real estate market.

Undoubtedly the best thing about buying a property at Jumeirah Beach Residence is the sheer amount of choice of units. No other apartment project offers so many different types of apartments and this definitely gives buyers more options. With studio, one, two, three and four bedroom apartments available, apartment living can now appeal to even larger families. There are also a range of more exclusive apartments at JBR, which include terrace apartments, penthouses, lofts, garden apartments and duplexes. With private entrances for this special range of freehold units, buyers can choose a property that fits a smaller budget to the largest of budgets covering a wide scale of Dubai property.

With a community of 25,000 residents, Jumeirah Beach Residence has the facilities to match. Each tower has a swimming pool, gymnasium and outdoor area, as well as the use of the magnificent beachfront. With 24-hour security and a whole range of retail units, shops and restaurants at the base of the development, everything residents need is close at hand. As a part of the Dubai Marina community, residents have the added benefits of nearby hotels and the Dubai Marina Walk. While construction delays did cause problems when the project was initially set to be finished, these problems have now been ironed out and the development is home to many happy residents.

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Dubai Silicon Oasis

Where as the likes of Dubai Business Bay and Jumeirah Lake Towers aim to cater to all varieties and types of Business, Dubai Silicon Oasis will be aimed at proving a dedicated home for Dubai's up and coming semiconductor and microelectronics industries. It will do so whilst also offering residential property on top of its commercial buildings. With its first phase already nearing completion, Dubai Silicon Oasis has already attracted some of the biggest companies around the globe to set up camp here. Fujitsu Siemens and Porsche are just some of the companies who have been attracted to the all the development has to offer, both in terms of facilities and the environment throughout Dubai Silicon Oasis.

With the first State of the Art Research and Development Lab within the UAE based here, and a DSO Smart School, designed to provide a highly trained work force, Dubai Silicon Oasis is looking both to the present day and the future, seeking to remain a industry leader in the area of Semi Conductor and Microelectronics for some time to come, providing only the most advanced technology and facilities, something which also applies to the commercial real estate for sale here.

The 7 square kilometer development will house a number of commercial towers, including the impressive Le Solarium. Featuring modern architecture, shopping mall and green surroundings, Le Solarium is not your typical office building. With a strong emphasis on a relaxed working environment, the building provides all the latest technology in regards to IT, lighting and office layout.

German Technology Tower 1, another commercial building with stand out architecture and internal design is also certainly noteworthy. With collaborations with firms such a Lamborghini, Fendi, and Cavalli in regards to the buildings designs and furnishings, you can rest assured of this not being you typical office block! But the German Technology Tower isn’t all looks and no substance. You can expect only the most modern and technologically advanced facilities and equipment throughout the commercial tower, even going as far as to include a computerized fingerprint reservation system for booking of the conference rooms. This tower is the future!

And with a location off Emirates Road, next to Dubailand and Academic City, Dubai Silicon Oasis is very much in an up and coming part of Dubai property, something certainly worth noting for those looking for property for investment purposes. This is one development that is aiming to become the world leader in the semiconductor and microelectronics development field, and given Dubai's reputation and previous history, don’t count against it pulling it off. To find out more, please contact us.