Don't Isolate Your Investment In A Fluctuating Market Instead Diversify Your Real Estate Investments

Looking To Diversify Real Estate Investment Opportunities, Invest In Dubai One Of The Fastest Growing Market and Economy Of World. 

Dubai saw a great rise in property prices from 2012 to 2014, now Dubai has a much more diversified and less oil-dependent economy, which is expected to grow by about 5 percent by the end of this year, as per the report of International Monetary Fund. With sectors like Hospitality and Real Estate have been the major drivers of this booming economy and with the Expo 2020 Dubai and 2022 Football World Cup would act as a catalyst in the further rapid growth of Real Estate Sector.

What makes Dubai the Most Assured and Profitable Investment Destination:


• Gross Returns on investment from large to small apartments ranges between 5.87 per cent and 7.21 per cent, according to the GPG

• The UAE boasts a thriving economy that includes a booming tourist industry, attracting interest and investment from around the world

• Property prices and rental values are set to soar in many of the other emirates, driven by dramatically increasing land costs. In Abu Dhabi this year, they have already risen by 75%, according to HSBC Middle East

• Strong capital appreciation of an average 20-40% p.a. (depending upon emirate) is expected to continue for some years to come, in line with the UAE’s ongoing economic success and un-sated demand for new properties.

• The absence of taxes and a low cost of living are clear incentives for investors, and draws many foreign companies to establish activities in the Emirates’ free zones and industrial cities

• Investors expect to witness rapid and substantial price increases as property demand and construction costs continue to spiral ever upwards

• The growth rate forecast for the UAE economy over the coming years is 13%, according to the Abu Dhabi Chamber of Commerce and Industry

Bloomingdale By SOL Properties Where Luxuries Meets Style

SOL Properties, a subsidiary of the Bhatia Group, has launched a gated community called Bloomingdale in Dubai Sports City. Bloomingdale comprises 72 residential villas, equipped with Italian appliances, rooftop terraces and an open plan design. In a bid to be socially responsible, the developers took into consideration environmental elements with respect to ventilation, as well as the safety and security of residents while planning the project.

Both four and five bedroom villas are available in the development. The five bedroom units have a built up area of 310 square meters with an additional 50 square meters of terrace space. On the other hand, the four bedroom villas are spread out over 296 square meters with 40 square meters of terrace space.

Located in Dubai Sports City, just off Sheikh Mohammed Bin Zayed Road, the development is close to public amenities, and offers easy access to the rest of the emirate. In addition, Dubai Sports City provides residents with unbeatable and unique lifestyle facilities, including sports and leisure activities.

You are invited into this exclusive gated community, Bloomingdale. The moment you enter, you are greeted by a vision of beautiful landscaping and attention to detail. Venture further into the community and you will discover a picturesque collection of stunning villa’s all complementing each other in architecture and western design.

Bloomingdale is conveniently located just minutes from the heart of Sports city which boasts entertainment and state of the art facilities to enhance the lifestyle experience for the resident. Situated off Sheik Mohammed Bin Zayed Road, the gateway to the rest of Dubai means Bloomingdale is just 10 minutes from Mall of the Emirates, 15 minutes to the hustle and bustle of the Marina and only 30 minutes to Dubai Airport. Its location is second to none.

Allow yourself to escape into Bloomingdale, it’s your safe haven away from the hustle and bustle of everyday life.

World Expo 2020 Dubai All Set To Act As a Catalyst For Growth Of Real Estate Market

With Dubai’s Expo 2020 just 5 years away, you may be wondering what impact this might have on the local housing market. The expo, among the world’s largest exhibitions, can greatly benefit the economy, particularly when it comes to the real estate sector – there will undeniably be a higher demand for more luxury and residential housing units, for instance.

2014’s Market Slowdown

Even though real estate in Dubai has experienced a mild, temporary slowdown since late 2014, this should not at all pose any concerns for expats looking to live or invest in Dubai. This slowdown is actually a healthy sign in the long run as it can alleviate “potential market overheating”.

This slowdown should also give the Dubai real estate market enough time to absorb the current supply channel, while at the same time alleviating any possible concerns about the possibility of market overheating.

A market that’s less volatile goes in favor of all stakeholders and should help developers plan out future pipelines that’s actually in sync with real-world demand. This positive trend will without a doubt prevent a bigger correction in future. On one hand, unit prices may very well go lower later this year, on the other, a well-balanced supply-demand for properties will eventually keep prices level.

It isn’t always easy to accurately forecast at what point the Dubai property market is going to stabilize, since economic indicators can be unpredictable.

A UK-based consultancy firm claimed earlier this year that Dubai property prices may go down by at least 5-10%.

The Big Picture: Next 5 Years and the Expo

The Dubai government has planned to upgrade the city in light of the upcoming Expo, by way of generous infrastructure spending and reeling in foreign investments in a variety of sectors, including real estate. This is going to provide a good pillar for market support up until the Expo finally arrives.

It is expected that Dubai will receive at least 25 million visitors and will be spending approximately 25 billion dirhams in total infrastructure investments – this should lead to thousands of job opportunities spurring up. Though, experts are quick to point out that if the Dubai Expo 2020 is to be successful, developers need to be ready with the mindset that housing projects must be affordable in order to hit the expected influx.

Last year, the government stated that the Expo 2020 infrastructure planning is on schedule, along with a target completion date for major construction activities – October 2019. This gives them an additional year to test readiness across systems, networks and technologies.

In 2014, real estate in Dubai received investments to the tune of 218 million dirhams from expats coming from over 140 nationalities. Affordable housing projects are indeed under construction, and Dubai is responding well to market demands; it aims to offer economically-priced residential housing to all-income foreign investors and expats.

A study was recently conducted on how affordable housing is in the Dubai property market: 50% households earn between 9,000 and 15,000 dirhams. New and affordable units are underway in order to meet expats’ income levels within this range.

A global real estate consultancy firm, JLL, has marked affordable Dubai rent prices to fall somewhere around 72,000 dirhams or less and sale prices around 790,000 dirhams or less. This is an indicator that the upcoming affordable housing units will be especially well-received by expats who are interested in cheaper rentals.

You can thank the Dubai 2020 Expo for these positive changes, and whether you’re looking to rent an affordable apartment in Discovery Gardens or invest in property in Arabian Ranches, always hire the expertise of a real estate agency that has an established track record in Dubai and the UAE.