Jumeirah Lake Towers

layla asked:


Dubai, one of the seven United Arab Emirates, is considered to be one of the desirable real estate opportunities in the world. Dubai is the fastest growing city in the world, one-third of the cranes in the world are currently being used to build in Dubai. Dubai has also been rated by Interpol as one of the safest countries to live, which many may find hard to believe from what they have heard about the Middle East. Fortunately, none of that applies in Dubai. This little country strategically located at the crossroads of Europe, Asia, Africa and the Middle East is fast becoming the premier vacation and tourism destination of the region.

Over the past decade the number of visitors to Dubai has grown from 1.08 million to 5.4 million, representing a growth rate of 16% per year. This rate of 16% is 3 times the world tourism growth rate for the same time period. More astonishing is that the past 5 years alone have supplied a 54% growth rate. Over 4.3 Million tourists visited Dubai in 2006 and this figure is expected to grow to an excess of 6.0 million by 2010, forecasting 200,000 visitors a day. It is also estimated that it will take 6-10 years for the supply of hotels to catch up with demand. This is surprising considering there is currently an estimated $80 billion in real estate projects underway.

Dubai property is currently one of the hottest investments on the planet! A recent report claims that fully one third of all of the cranes on earth are currently in Dubai - that’s a lot of Growth. And there’s a reason. Dubai offers a welcoming climate, a rich tradition of hospitality and pure luxury!

Another component driving Dubai property rental is high hotel prices and huge corporate and holiday rental demand for short stay or short-term rental options. Many Dubai investors are finding that short stay renting produces much higher than average returns and given average hotel rates of $232 US per night the demand is pushed to find alternatives.

The Dubai property and real estate market, UAE is a rapidly expanding business. Investors can expect almost a 30% or more return on any property in Dubai. Dubai is one of the few Arabian states open to the West in terms of culture and social integration and secure in terms of political and economic environments. The Dubai property market is growing and anyone who invests in property in Dubai will see a rapid turnover in their investment.

Some of the most popular property in Dubai projects include:

· The Walk

· Jumeirah Beach Residence

· Business Bay

· The Executive Towers

· Vision Tower

· Bay Avenue

· The Villa

We can clearly see that Dubai, UAE is creating a real estate and property boom that will tickle the fantasy of most people. It is creating regions within its borders that are representative of the world. Whether you want to buy, sell or invest in property in Dubai the return rate is excellent.

Jenny Holmes asked:


International real estate investors interested in getting in on ‘the next big thing’ are turning their attention towards Dubai property for sale. From a property investor’s perspective Dubai offers investors the chance to tap into incredible returns on investment throughout the build period and beyond, together with the chance to generate some of the most attractive, sustainable and increasing rental yields in Dubai from the growing numbers of tourists expected to flock to the delights of Dubai.

Jumeirah Beach Residence in Dubai is considered the largest single-phase residential and commercial project in the world, at a cost of AED 6 billion (US$ 1.6 billion). One of the four hotel towers at JBR will be the Amwaj Rotana Resort. Jumeirah Beach Residence (JBR) comprises of 36 luxury residential apartment towers and 4 hotel towers. It is located on north shore of the Dubai Marina, close to the Palm Jumeirah and is designed to offer a year-round beach resort lifestyle to its residents. This project is exceptional in many ways. Not only it is right by the beach, it also offers luxury at a very affordable price. When completed, it will be a city within a city, a self-contained community that has no parallel in the region. Reasons enough for you to make sure your family is one of the privileged few to move in.

The Walk at JBR brings outdoor shopping to Dubai: Luxury brands Saks Fifth Avenue and Boutique 1 has announced at Retail City 2007 to open their second outlets in the UAE at The Walk in Jumeirah Beach Residence (JBR), which will make property in Dubai investment even more profitable. The Walk will be Dubai’s first outdoor shopping experience, and will offer a unique lifestyle that will add value for residents and visitors alike. Spread across 800,000 sq ft, it is divided into two main levels encompassing over six sections.

Next project in Dubai set to be the biggest and best business hub in the Middle East, Business Bay is set to be the financial center of this growing economy. The project, created by His Highness Sheikh Mohammed bin Rashid Al Maktoum, is currently under construction and will be based on other key financial districts such as Manhattan in New York, and Canary Wharf in London. The project, being developed by Dubai Properties, is set to be completed in 2010 and will be made up of over 230 towers, with many of these already under construction. The key buildings at the bay are: Bayswater, Burj Al Najoom, Churchill Tower, Executive Tower D, Executive Tower E, Executive Tower J, Executive Tower M, Lotus, One Business Bay and XL Tower; in addition to other various projects and freehold land plots.

The Executive Towers comprises of 11 residential towers, featuring one luxury hotel tower, a two-level shopping wall, clinics, health clubs and a lot more. The contemporary design and architectural theme of the towers reflect the modern image of Dubai. The Executive Towers and the lifestyle they represent are focused towards those who enjoy success and an intelligent way of living. Expected completion date is end of 2007.