Thursday, 5 July 2012

I would Put My Money on Room for Rent in Dubai


Dubai is a destination that has upheld its brand equity for the last twenty years and its real estate has stood firm in all tests of time. For every person who comes to Dubai there are accommodation options and the Room for rent in Dubai is the first choice of almost all the visitors. People come here for business, labor, tourism and studies and all of them have to find some place to live in. Villas or hotels are too expensive to be rented or bought by people belonging to mediocre class and they have this perfect option of renting a room in Dubai.

Dubai is the business hub of the UAE as well as the business center of the entire region. There is not any other city in the Middle East that has so large a percentage of expats living in it. Investment in Dubai is immense and a large number of organizations have set up their regional offices in Dubai. One such example is of the headquarters of ICC that shifted to Dubai from London a few years back. Dubai makes the center of the globe as it is reachable from Australia, England and Africa in almost same span of time and is very next to the South Asia and China which makes it eye-ball of the global economic giants.

This makes Dubai extremely suitable for business and these businesses also generate job opportunities that make the working class to come here to seek jobs. Tourism is the second biggest source of income for this oil-rich country and Dubai makes up around 80% of the tourists that come to the United Arab Emirates. These tourists also look for cheap rentable rooms as they only come to their rooms for sleeping and rental rooms is a perfect accommodation for them too. It is also a good option for the students who come to Dubai as they do not have a lot of money to rent a room in a hotel or buy a flat.

Dubai has been the economic hub as well as the tourists’ love for last two decades and now it is also becoming an educational center as a range of new schools, colleges and universities are being opened in here and certainly all these things combined give Dubai real estate a big boost and make it the most favorable real estate market in the region.

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