Dubai is the heart of Middle East and is now known for its real estate and property market because of its rapid growth and some of the most stunning construction the world has ever seen. These awesome constructions have made Dubai an ideal place for tourists from all over the world to visit and enjoy the extraordinary constructions, facilities, and hospitality. This Dubai property development has also attracted investors from around the globe to invest the Dubai real estate and property market as the increase in the number of immigrants and tourists visiting Dubai every month has also increased the demand of real estate properties greatly. Also with the increasing business community and start of more and more new businesses has increased the demand of commercial properties as well but the rapid progress in the Dubai property development has been able to meet the demand in the market so far.This exclusive rate of development in the Dubai real estate and property made Dubai stand along some of the fastest growing property markets of the world and has created a competition among the property market of the world for who fetches the most investments The Dubai real estate and property market offers high quality construction of modern design at a very competitive rate compared to other property markets in the world.
This became the main reason for property investors to invest in the real estate and property market Dubai and also for the increase in the Dubai real estate investments in a very quick time. And since Dubai real estate and property market is continuously setting new bench marks by constructing such projects that were never constructed before Like The Palm, The World, Dubai Marina, Down Town Dubai, Burj Al-Arab, Business Bay, and Jumeirah Lake Towers, and many more, has caught the attraction of not just the buyers but also property investors from all over the world According to a survey by Collier International Dubai real estate investments is once again starting to move the positive direction as there has been an increase eighteen percent in the first quarter of 2011 compared to the last quarter of 2010. This positive rate of growth in the real estate investments is due to the fact that real estate properties are still in demand in the market and Dubai real estate and property market has been able to regain the trust of the investors with its steady growth.
Another reason for the real estate and property market Dubai to get back on the track is that the property buyers have once again started buying property in Dubai, increasing the demand of residential and commercial real estate properties which was inviting for investor to invest in some new projects to fulfill the need of real estate properties in the market and cycle of investing buying and selling began once again. Also the increasing prices of real estate properties has made many of the local residents think about buying property in Dubai to change their status from tenant to a real estate property owner which will not only help them save monthly rental but also the luxury of having their own property.
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