Funny Cool Stuff

Some time ago, I wrote about a building in Dubai called the Burj Dubai. I am sure most of you remember this post because Burj Dubai will be the tallest skyscraper in the world in 2008. The estimated height of this building is 800 meters, which is about 300 meters taller than the tallest building in the world now - Taipei 101.

A lot of people are very keen in properties in Dubai these days. Some believe Dubai’s property is booming because of the following simple reasons:

1. Against a background of stable to moderately rising property prices in 2005, rental yields have seen a sharp upward movement.

2. Compare Dubai to a prosperous UK city and you will find that property prices are around one-third per square metre. Don’t forget that Dubai is virtualy income tax free!

3. Very high demand for properties in key areas. The rapid development of Dubai as a business and trading hub for the Middle East is bringing in more and more expatriates, and thus demand for houses and office spaces is rising rapidly.

4. UAE economy continues to boom, due to the sky-high oil revenues, and economic reforms.

5. More and more people are crazy about Dubai now. No city in the world is presently more successful at marketing itself than Dubai.

If you are interested to explore more about dubai properties, then you should check out dubaiventure.co.uk. Dubai Venture is a portal that has a good selection of off-plan properties at value prices. Don’t worry if you are not familiar with Dubai, because they have experienced property consultants to assist you

This is a sponsored post.

Tagged: dubai, properties, investment