Sunday, December 14, 2008

SHORT-TERM AND LONG-TERM RENTALS DUBAI

Dubai Business Service offers a number of fully furnished short-term and long-term accommodations. For details on prices and availabilities, pls. contact us at info@dubai-business-service.com or call +971-50-8462421.

Terms and conditions for booking: no credit cards accepted (private accommodation), upon booking a non-refundable down payment of 30% has to be made, copy of the passports of the tenants need to be faxed. Keys to the properties will be handed over against full payment of the rent and receipt of the refundable deposit.


REAL ESTATE

Our Services for real estate investors
We search for the right property that matches exactly with your needs and budget. We have a wide network of project developers who we work with.

We provide the following tailor-made services to our clients
- organize a road show tour to see what properties are available
- set up meetings with legal advisors (if necessary)
- clarify any questions you may have regarding a contract
- point out home furniture suppliers and interior decorators
- point out landscaping companies

General information
First of all – why buy Dubai? Dubai offers fantastic opportunities for sport, recreation and leisure with its mammouth shopping malls, state-of-the-art cineplexes, racing clubs and golf courses. Dubai is the perfect place to build a home. Superb infrastructure, excellent schools and universities and an enviable dream-holiday-cosmopolitan lifestyle.

The expansion of Dubai’s real-estate industry shows no sign of slowing down, reflecting the global desire to acquire a piece of tomorrow. Compared to the value you get for your money buying freehold property in Dubai is still relatively inexpensive compared to international standards and on top – both safe and tax-free. These are three excellent reasons to consider that all-important Dubai purchase. Since renting a property in Dubai can be very expensive it has become a worthwile thought for expatriates to consider buying something over renting (a decent flat would cost around € 25.000 and € 45.000 p.a and above in rent for a villa.), so for about 4 to 5 years rent you would get a decent sized marina or sea view apartment in one of the luxury towers currently being built! Buying freehold property as an investment can pay off quickly if you rent it out to cover your loan/financing costs. Return on investment is said to reach up to 8-10% (depending on the location).

Also with the generation of more multi-billion $ projects (such as Dubailand) Dubai is attracting more and more business and tourism (around 12 mio tourists in 2010). Bearing that in mind it is almost a sure bet that property can easily be rented out or resold. Despite the fact that property laws currently are not clear in all details and up to international standards but with so much trust and confidence in Sheikh Mohammed bin Rashid Al Maktoum, the architect of 21st century Dubai, this issue hardly warrants concern. Therefore, the law when it comes should be a mere formality. Dubai’s international reputation builds with the laying of each new brick. With the opening up of the real estate market Dubai has yet made another big leap forward and demonstrates its cosmopolitan lifestyle and orientation to the west.

Freehold Property
Dubai is a city developing and changing before the world’s eyes and ambitious residential construction projects are well under way, with many more planned. A stable economy with impressive growth rates (6-8%) combined with tax-free status and the chance to take advantage of high returns on investment have provided the very best opportunities for the market to flourish. One of the largest projects currently under way is The Palm Jumeirah – a vast luxury leisure and property complex – in the shape of a palm tree. Another project of even grander scale is the Palm Jebel Ali, a high-energy resort featuring water homes and exotic marine delights surrounded by a mystical Arabian ambience. The World, Dubai’s most exclusive property development of 300 man-made islands has captured the world’s imagination. Other major real estate projects include Dubai Marina, Arabian Ranches, Emirates Hills, The Meadows, The Springs, The Lakes, Hattan Homes, The Greens and Emaar Towers. The waterfront Dubai Marina project, valued at € 12 billion will be implemented and be completed in eight years and be spread along 10 kilometers of waterfront.


FOCUS DUBAI – A GLOBAL GATEWAY TO SUCCESSFUL INVESTMENT

Since a very long time, Dubai has occupied an outstanding position on the trade map of this region. It has always been a flourishing business centre, and its Creek has played a major role in the economic development achieved by this city. The Creek has constantly been an important and a safe harbor for small and medium size ships which sail to the ports of the Arabian Gulf region, the countries of the Indian subcontinent and East Africa, loaded with different goods which are re-exported to these various regions.

Dubai provides incoming businesses with all the advantages of a highly developed economy. Its infrastructure and services match the highest international standards, facilitating efficiency, quality and service. Business People in the region prefer to deal with someone they know and trust and personal relationships are much more important to doing business in the Arab world than they are in Western Europe or America. Dubai offers a cosmopolitan lifestyle, its laws and government guarantee safety and security and most important – political stability.

Dubai means Business
Via Dubai 1.5 bn consumers can be reached in the Middle East, North Africa and India representing a purchasing power of over €150 bn.

Competitive Advantages
The UAE are member of the World Trade Organisation WTO, World Intellectual Property Organisation WIPO and follow the rules of GATT.

Political System
Country name: United Arab Emirates abbreviation: UAE
local long form: Al Imarat al Arabiyah al Muttahidah
former: Trucial States
Government type: federation with specified powers delegated to the UAE federal government and other powers reserved to member emirates
Capital: Abu Dhabi
Administrative divisions: 7 Emirates (imarat, singular—imarah); Abu Zaby (Abu Dhabi), Ajman, Al Fujayrah, Ash Shariqah (Sharjah), Dubayy (Dubai), Ra's al Khaymah, Umm al Qaywayn
Total population Emirates: 3.3 mio (80% expats from about 120 different nations)
Independence: 2 December 1971 (from UK)
National holiday: National Day, 2 December (1971)

UAE Facts and Figures
Time: GMT plus 4 hours
Currency: Dh = UAE Dirham; 1 $ = Dhs 3,68 (fixed exchange rate)
Electricity: 220/240 volts AC
Imported goods: machinery and equipment, transportation goods, electronics, textiles, food

Visa Regulations - See List of UAE Embassies worldwide

Language
Arabic is the official language. English and Urdu are also widely spoken.

Legal System
A comprehensive framework of legislation ensures that business in the UAE is conducted in a fair and orderly manner. Existing
laws are dealing with commercial transactions, intellectual property, labor and other aspects of business life.
Dubai has many local and international law firms willing to advise foreign businesses on legal matters.

Dubai E-Government
Dubai eGovernment launched a host of innovative new channels, services and initiatives to complement the portfolio of 600 online services currently offered as part of an ambitious strategy to accelerate the momentum towards electronic services.


GROWTH INDUSTRIES

Dubai’s economy is growing at a rate of 6-8% p.a (from the non-oil sector). There are tremendous business opportunities for companies offering products and services in the following areas:

- IT-Security and training
- Security training for construction workers
- IT-hardware
- Medical devices and accessories
- Logistics
- Microelectronic design
- Environment protection and conservation
- E-Learning

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