Emaar Properties Announces Sky Collection

Emaar Properties has launched scores of penthouse units in its latest project of The Address The BLVD in Downtown Dubai according to Bayut sources. It had sold its entire portfolio that had 542 units in the September last year on the very first day when it got launched. Emaar has also launched it’s the Address The BLVD Sky Collection project on the Sunday and this too is a luxury project which will have apartments ranging from three bedrooms to five and also penthouses and duplexes. This 63 floor building is located on the Emaar Boulevard in Downtown Dubai.

The project is planned to be completed before the June of 2015 and when completed, it will have 542 apartments. However, the number of units that are to be added was not unleashed by Emaar Properties. The building will also feature 200 hotel rooms upon completion along with the apartments.

Sky Collection is going to be the second highest building in the Downtown Dubai and it certainly is an enticing offer for the investors and accommodation seekers to have an apartment of theirs located in this luxuriously designed place. Ahmed Al Matrooshi who is Managing Director at Emaar Properties was also of the same view and he encouraged the buyers to have a luxury apartment in this extravagant property project.

The net profit of the Emaar Properties dropped by 4.7% during the third quarter of the year but according to Mohamed Alabbar who is the Chairman of Emaar Properties said that it happens every year due to the season change and remains so during the third quarter and there is no need to be worried about because in his opinion the there is no threat to Dubai real estate any more. He said that the Dubai Property sector has already gone through the tough times and it will continue to be the same in the coming days.

Greenery refreshes the Minds

We are in a world where everyone is after money because the way the time is evolving, it has become extremely difficult for people to live without it. Luxury has become a need and the need has become a necessity. As a result, the working hours throughout the world are increasing and the life has become much faster than it was some sixty or seventy years ago. It is a fact that most of us prefer staying in office and do some work instead of going and seeing our friends which is a must for keeping the brain healthy and fresh.

At such a time, when the routines have become so hectic and keeping in touch with the friends has become almost impossible, it is these recreation spots where one can go and spend some time to get fresh. Keeping this in mind, the developers in the Dubai city make sure that there is always some space left in the society for parks, cinema halls, malls and other such places where families and friends can hang out and spend some time together. The green effect is always refreshing for the mind and a fresh mind is a must for doing the work in a way that it should be done.

The recent opening of Al Ittihad Park by was also a part of the same resolve that Dubai must be green and the declaration by Emaar properties that every new property project that it makes will certainly have big space for parks and greenery will be given the first priority in it, is also a link in the same chain. The decision of turning the city into a green city was lauded by the public and the new look will definitely be refreshing for the eyes and minds. This Go Green concept is a very good step in terms of business as well because as the environmentalism is gaining pace all over the world, the public really appreciates it these days so the real estate market is also going to get favors from it.

Businessmen Love to be in Al Reem Island

Abu Dhabi is the capital of one of the most important countries in the Middle East that is the United Arab Emirates. Important it is because it is one of the richest among all in terms of natural resources and is certainly a huge business center in the region as there are hardly any other country that can offer the amenities like Dubai and Abu Dhabi and obviously being on the edge of South Asia and neighboring Iran and other Gulf countries by sea while bordering Saudi Arabia puts it in a special place In the region. All this makes Abu Dhabi and important place for business and tourism and Al Reem Island Apartments are certainly the best place to live in for any businessman or a tourist as they offer everything that a luxury lover would desire for.

Undisputedly Al Reem Island is a place where any businessman would love to live as the amenities that the city offers in terms of business facilities that this city offers and the excellent quality of living that this society provides make it one of the most desired place in the entire world for the business class. The fantastic sea view makes it even more desirable for the tourists as they come here in large numbers every year for the sake of visiting this place as it has great sites for the lovers of nature. Sea, alone, makes it a loveable place while the archaeologists come here as well as this city and the mountains and desert around contains some very rare rocks and they certainly are a source of excitement for these archaeologists.

In the wake of these attractions and the fantastic lifestyle that this city offers, Abu Dhabi definitely is the place for the world to look at and that is exactly what they have been doing over the years. Though the state focused oil as its main economic resource but the business industry and the tourism has brought a lot in the recent years and today, around 65% of the GDP of Abu Dhabi comes from resources other than oil which obviously is a huge achievement. Only Abu Dhabi could have achieved these heights in such a short time with rulers who are very well aware of the ground realities and administration that has been efficient, effective and most importantly innovative through all these years and their hard work is surely bearing fruit now.

Dubai to go Green

Ali Rashid Lootah said on Monday that Nakheel is going to develop a lot of parks in the city and will be focusing greenery in all of its projects. Lootah, who is the chairman of Nakheel, also said that they are planning to develop green communal areas and not just the parks in already existing societies. He made these revelations at the opening of a park in The Palm Jumeirah that has cost AED 24 million. He also said that Nakheel was going to make new parks at any place where they have a vacant area in any of their projects. The park that he was opening in The Palm Jumeirah is “Al Ittihad Park” which is going to have 60 varieties of plants in it and certainly will be an exciting place to visit.

The place is certainly going to be an exceptional option for the people who jog or like to walk as it has a 3.2 km long jogging track and along with all the variety of the trees and perfect hygienic conditions, this park will prove a paradise for anyone. Lootah believed that it would become another tourists’ attraction for the people who come to Dubai. He also opined that the park will allow the researchers and the common people to know about the highly diversified plant life of the United Arab Emirates.

While Mohummed Bin Rashid Al Makhtoum has announced to Mohammed Bin Rashid City and the announcement by Nakheel of this plan to introduce the green culture in their project, there seems to be a time coming to Dubai real estate when the societies will surely move towards the green environment. The reason behind it is that the Emaar Developers and Dubai Holdings joint venture is also going to be focused on waste management and clean environment.

Dubai - Better and Brighter

Dubai has been a city of wonders for the last decades and has been point focus for the global investors. Its real estate sector is one of the best in the world and has earned dividends for the businessmen over the years. Some of the biggest projects have been taken up here and they have attracted the world attention towards them and ultimately the Dubai city. No wonder the property projects like The Palm Jumeirah or Dubai Marina have no match throughout the world and the amenities that this state offers to its residents are simply matchless. On the other hand there are properties where the amenities are no less than any top class living environment in the world and the prices are reasonable for the working classes and small businessmen.

Undoubtedly this state gives some of the best offers that allure the people form all parts of the world to live invest and work here and that is the reason why Dubai is one of the most successful states in the world and the economy has been booming here since the very first day the state became independent. This state provides tremendous business opportunities and being duty free, Dubai attracts thousands of businessmen every year. These businessmen have set up businesses here and many have become permanent residents of the state while there are scores of expatriates who come here for the sake of job and work tirelessly to make this city one of the finest places on Earth.

This city has given them the ownership and a healthy lifestyle so they give all their skill and expertise with all the devotion in return. The tourism industry in the city is booming because of excellent steps taken by the state administration to move the economy of the city to tourism and trade. This has led the Dubai City to an all new point where it stands tall among the region’s big cities because it has one of the highest numbers of visitors every year towards it. The economy and population of the state is constantly growing with rising influx of the expatriates and this only makes the Dubai economy’s chances for improvement better and brighter.

Abu Dhabi – A Place to Live in

The business opportunities in the United Arab Emirates are simply mesmerizing and that is why the investors from all parts of the world come here to make big bucks out of their money. As the capital of the country Abu Dhabi enjoys being the center of attention of this very important country in the Middle East. Abu Dhabi property sector boomed along with the Dubai real estate in the middle of the previous decade and continues to earn dividends for the businessmen who invested in this market. Undoubtedly it were the tourists' attractions and the boom in the trade that made the world business community to look towards it.

In the recent years, there has been massive development in all sectors of Abu Dhabi and the real estate business in the city has also boomed. These developments have opened roads for scores of new investors and small businessmen along with the job seekers who have come from other states of the UAE and also from other countries. Most of the expats are from South Asia that makes up quite a large community in this largest state of the United Arab Emirates. They have come for the sake of seeking jobs in the Abu Dhabi banks and multinational companies that operate here and generally live here alone with their families back home.

For such people, the apartments for rent in Abu Dhabi are the best residential option because they have to live either alone or share their accommodation with a friend or a colleague. It also makes it easier for them to share their residence with some colleague and share the rent with them as well as it not only lowers the rent for them but they also get a good company to live with. The city has brilliant recreational attractions as well and the parties, parks and cinema halls make it a wonderful place to hangout with friends while the museums and cultural parks make it a wonderful learning environment. Same goes with the hotels and restaurants of the city that charm the visitors and all these things combined make it a perfect option for a person to live in.

UAE Stands Tall in the Timeline of History

The amenities that the United Arab Emirates as a country provides to its citizens are simply unmatched throughout the world and only the most advanced of cities in the world can be compared to this modern gateway to Asia. In the ancient times, the states that were considered to be the best in the world were the ones that had the best law and order situations. About Baghdad, it is said, that in the time of Abbasid Caliph Haroon Rashed, if a coin got dropped in a market, the owner could return after one day and pick up the coin again from the same place as nobody could dare to rob.

When we look at the modern states of Dubai, Abu Dhabi, Sharjah or Ajman etc, we can easily find the traces of the same golden eras as the law of the land is equally effective as it used to be in those greatest of states in the history. Stockholm is remembered for its medical facilities, because it had scores of hospitals. When we see the Dubai Healthcare City, it reminds us of the golden era of Stockholm while when the synchronized system of patients’ data throughout the state is brought to the forth, it actually means that this city has clearly excelled in this field.

The Athens is known for its magnificent facilities for recreation as it had scores of parks, grounds and the Athenians could enjoy their life and as they had proper nurturing of the minds, they were able to produce some of the greatest thinkers in the history of mankind because it is actually the freedom of brain that allows the person to think. The parks and hangout options along with the charming beach parties and recreational activities, the UAE is equally fruitful if we look at all these facilities.

And the golden architectural era of the Moghul India can be compared with any of the fantastic buildings that the Dubai real estate is known for. So undoubtedly, UAE stands tall along with all the greatest of cities that have ever been on the face of this globe at any point in the timeline of mankind.

Indians not Fine with the Idea of Taj Arabia

Indian legislator from Agra, Mr. Satish Chandra Gupta was reported to have expressed serious reservations on the replication of Taj Mahal as Taj Arabia in Dubai. He was of the view that it is a historical place and the reason of its replication, he said, was beyond his imagination. He was also vocal about the interests of the Indian state in this regard and believed that even if one wants to make a copy of such a historical monument, the royalty must be paid to Agra and India as it is exclusive right of the city to have the grand Taj Mahal made by the Moghul ruler Shah Jehan in the seventeenth century in the memory of his beloved wife Noor Jehan and is considered as one of the seven wonders of the world.

Taj Arabia which is a replication of Taj Mahal and a project of Falconcity in Dubai is one of the many historical monuments and buildings that are to be constructed in the this society. Other famous buildings whose duplications are to be constructed in Dubai Falconcity include Great pyramids of Giza, Eiffel Tower, Leaning Tower of Pisa and Hanging Gardens of Babylon etc. It certainly is one of the most attractive ideas in Dubai real estate and Taj Arabia itself will charm a large number living in Dubai as a huge Indian and Pakistani community also lives here. Taj Arabia is going to be four times bigger than the original one and number of malls and restaurants are to be constructed inside it.

Surendera Sharma, who is President of Braj Mandal Heritage Conservation Society, also voiced his concerns on the project. He opined that Taj Mahal is not an ordinary building and believes that the Indians are emotionally attached to it. Scores of Muslims come here to offer prayers and the construction of Taj Arabia may hurt their feelings. He reiterated almost the same notions that Mr. Satish had expressed in Agra.

Dubai Healthcare City – Another Step towards Public Welfare

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The healthcare is the basic need of any human being and in all the welfare states of the world, things like education and healthcare are the top priorities of the states. Large budgets are dedicated for these basic needs of the public of the country because a state with insecure population can never be secure. Same is the case with the United Arab Emirates and all its emirates have done wonders in this regard as they have always been people friendly and their decisions reflect their sheer love for their people. Dubai Healthcare City is yet another step towards the improvement of health conditions in Dubai which certainly are no less than any other place in the world.

Only a few months back Dubai Healthcare Authority had taken a historic decision to synchronize all the hospitals of Dubai into one system so that if a patient moves to another hospital, the doctor or the team of doctors may immediately know through his I’d whatever his past record as a patient suggests. This makes it easier for the doctors to diagnose correctly as well as promptly. This has definitely helped the doctors and the patients at the same time and in the same way, it has clearly depicted the human friendly nature of the Sheikh in Dubai.

The Dubai Health City is also another serious step towards the enhancement of living standards of the people living in the state. This will certainly be helpful for the people if all sorts of hospitals, private clinics and some of the best doctors are available at one particular place anytime of the day. This place will have residential areas as well but it mainly focuses on the commercial buildings. No doubt if there are hospitals in an area, there will be scores of staff working in those hospitals also and they will certainly prefer residence in that place. So, in this way this will not only be a major step towards enhancement of Dubai healthcare facilities but also the Dubai real estate which will eventually boast off with this project as well.

Dubai administration has been making strategies for business, healthcare, education and other welfare augmentation in the city and they have been extremely successful in reaching their goals in this context. The administration is taking correct decisions that are paying off as usual and it is the potential of Dubai that has reaffirmed the belief of the investors in this city.
 

DLD discloses the Property Transaction Volume in Dubai this Year

The total amount of monetary transactions during the first nine months of this year that is from January to September is 22.6 billion dollars and this news was broken by one of the most senior officials in Dubai Land Department. According to Sultan Butti bin Merjin who is also the Director General of Dubai Land Department told that around 150 transactions per day were recorded in Dubai during this time period. It was also disclosed by him that the transactions have been mature and that the dealing was a lot more flexible between the buyers and sellers as compared to the past and that according to him was a sign that the investors and the market were showing the signs of maturity.

He went on to say that the first half was relatively better this year as transactions of AED 63 billion were recorded during the phase spanning from January to June however the pace has slowed down a bit in the third quarter. The third quarter showed transactions of around AED 20 billion this year which was some AED 11.5 billion below the average of the first two quarters. He was hopeful about the future as according to him the prices have already begun to rise and the main reason behind this price hike is that the transactions are increasing in the city. These include all sorts of transactions that are selling, renting and mortgaging which can lead us to the derivation that all segments of the society are involved.

Most of the transactions were sale transactions that were about 80% of the total transactions as they were 20,925 out of the total 27,452. AED 43 billion was the volume of the sale transactions and mortgaged properties valued at AED 36.3 billion. Wadi al Safa V was the most desired property during these nine months in terms of land transactions while in apartments transactions, Burj Khalifa topped with 3,305 units sold. In mortgage transactions, Al Barsha South First was the one that got the top slot with 203 transactions while Burj Khalifa had the most number of mortgaged apartment transactions that totaled to 422 apartments.