Dubai Property Investment from £31,000

(PRWEB) January 19, 2005

Dubai’s mission is to be the Hong Kong, Monaco and Orlando of the Middle East, the financial hub and the tourism and leisure destination that will outstrip anywhere else. Its geographical position in the globe, where East meets West, suggests that it has access to a enormous market covering Middle East, India, Pakistan, Central and Western Europe, Africa, and the Russian Federation and so forth.

Dubai has a good number of all-natural advantages for UK investors – like direct flights of less than 7 hours, relative security and safety, tax absolutely free shopping, no tax on earnings or capital, and of course the sunshine!

The house market place right here is expected to encounter robust demand and growth from indigenous as well as external investors. Aspects driving this continued demand involve:

Government backing for sizeable scale tourism-related projects

Restrictions on foreign-owned property being lifted

Freehold ownership becoming legally instituted shortly

No tax on capital and earnings

A high normal of living in a stable financial climate, all year round sunshine

A residency visa obtainable to purchasers when a home is purchased

The government’s development forecasts are that visitor numbers to Dubai will develop from 5 million to 15 million by 2010. Within this thrilling development market place is a project known as International City.

It is a new development inside Dubai, located just 12 km from the Dubai International Airport, set within 800 hectares, which will reflect the varied designs of globe architectures, such as Italy, Spain, Russia, Morocco, Persia, Greece, France, Thailand Indonesia, China and England. In all, the residential development functions 21,000 expertly planned however cost effective studio and one particular bed apartments that will become house to 60,000 residents.

The development also functions an exciting blend of leisure, retail and home business developments, including exhibition halls, such as the Dragon Mart and Dubai Gate, and Central District industrial area, as properly as schools and hospitals.

The International City improvement is a great deal in demand from investors and potential residents alike, due to the particularly competitive prices that these are being released at. The advantages of owning property in Dubai at these rates will make sure a lively secondary marketplace.

International City apartments consist mostly of studio and a single bed apartments. The house development organization in charge of the project is Nakheel, Dubai’s government-backed developer, and construction is now under way, with anticipated completion in Dec 2006. All the buildings in International City regions have been sold and bargains are now becoming traded in a secondary market. The Chinese quarter is closest to completion, with occupancy now taking place.

Investors Provident have secured an chance with the possible to invest for either short term achieve, or lengthy term equity development inside this region. The prices are 20% under market place value and should really beat anything that investors will see on the net. With exclusive access to a number of studios and one bed apartments with really competitive costs – Studios are 220,000 AED and 1-beds are 320,000 AED, i.e. £31,000 and £46,000 respectively.

If you think that now is a fantastic time to be investing in dollar-denominated assets, then it is an advantage as investors have the alternative to sell prior to completion if the dollar strengthens over the subsequent two years.

Crucial Facts

Enormous 20% discount to presently out there rates – your personal tax efficient investment home from only £31,500

Only a £1,000 reservation fee secures your apartment.

2 years to completion to provide maximum capital uplift (Dec ’06)

Extremely good rental potential – circa ten% p.a.

Proximity to forthcoming Dubai Land (http://www.dubailand.ae) and other big attractions

Tremendous international home business exhibition market – e.g. Dragon Mart location appealing to Chinese providers

Invest 50% now and take benefit of the dollar strengthening against the £ more than the subsequent year, hence lifting the AED higher.

Residency visa on completion such as tax absolutely free status of Dubai.

For further data, please contact Investors Provident

Email: info@investorsprovident.com

Internet site: http://www.investorsprovident.com


Tel: +44 () 870 1999 859

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Dubai Property Investment from £31,000