Dubai has
been the favorite place for all the world for the last few decades and the
entire world looked towards it during the latter half of the previous decade.
The state has been the area of focus of the global investors and the realty
sector of the city was the main feature of the city that was attracting the
investment. For this reason, some of the most exotic real estate projects were
begun in the city and one of those extravaganzas are Downtown Dubai properties which include the magnanimous project
like Burj Khalifa which continues to hold the world record of being the highest
residential tower on the face of the globe today.
The property
sector in the city has been booming ever since the late 90s when Burj al Arab
was constructed and it peaked during the 2006-07. The property business in the
city along with tourism and other businesses flourished and in a very short span
of time, projects like Downtown Dubai, The Palm Jumeirah and others surfaced
that took the world by a storm. Today, Downtown Dubai is one of the most sought
after property projects in the state and thousands of unique visitors daily search
about it on Bayut.com which is the
primary property portal of the UAE. This shows that the trend of the investor
is towards luxury property in Dubai and also that the Downtown property is an
attraction for new buyers.
Downtown
Dubai is itself an attraction for all the tourists and businessmen as it hosts
number of hotels, restaurants, malls, clubs and these certainly attract the
tourists whereas the spectacular villas and apartments are something that make
the rest of the world look like as banal as a desert for living. The offices
and studios charm the commercial property finders and the perfect property mix
of Downtown Dubai makes it a perfect location for any investor who seeks a
property to invest in from where he/she is able to gain some big bucks.
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