Skip to main content

Is Dubai a safe Haven for investors?

Not too long ago, Dubai was one of the most expensive cities of the world. However, we all saw that conditions did not remain the same for Dubai because the deteriorating conditions of the global economic took a toll on Dubai as well. Like many other sectors of the city, Dubai real estate also struggled to retain the investment. According to a survey, 70% of the potential property buyers explore markets rather than to invest their money blindly in Dubai.
The global economic crunch of 2008 shook investors’ trust in Dubai real estate. The Government came forward to sort this situation out and since then has taken various steps for the betterment of this sector.

These efforts have their hand in reviving the jolted trust of investors, ridding Dubai of the stigma. It also reinforced the fact that Dubai remains a safe haven for property investment despite the ongoing global and local turmoil in the Middle East. A sudden increase in demand in properties of some localities is also noticed as per a survey conducted recently by a bank in 3rd quarter of 2011. On the whole, the UAE real estate sector is in a state of uncertainty because of financial upheaval, but Dubai has started showing signs of recovery due to the local & foreign investment not only in its real estate market but in its corporate sectors as well.

Chinese trade is flourishing by leaps and bounds and Dubai has become of prime importance for the Chinese traders because it connects China not only to Europe but also Africa. Chinese traders have realized the importance of this connecting point and taking full advantage of the situation. Dubai can provide Chinese traders an exposure to bigger markets and an even larger customer base for their products and services.

China can play a major role in recovering Dubai’s economy by investing in its corporate as well as real estate market. In 2011, the initial investment is low but the interest is escalating amongst Chinese traders and unlike other countries, Chinese traders show interest in buying properties rather than leasing or renting. For that reason, experts are right in claiming that China will be the major contributor for the recovery of Dubai economic sector.

Tourism is another important pillar of Dubai’s economy that attracts tourists from all over the world. Dubai is a home to some of the most renowned tourist spots in the world. People from all around the world love to come and stay here, especially from the West. Therefore, investment in this sector can never be a wrong decision. Your investment will be doubled soon or you can get multifold profit from this investment in Dubai.

Comments

Popular posts from this blog

Low interest credit cards - how to make them work for you

Credit cards are borrowing instruments, unlike debit cards where you already have the money. Banks are there to make money too. Just like high street stores, they hope to maximise their profits within the rules. So it’s important to understand the basics and find a credit card that’s right for you – you can compare low APR credit cards here . Now you know the rules, let’s find out how to play the game. The financial services industry charges interest on the money that it lends out. Let us assume you borrow £100 on your credit card and keep it for exactly one year before you pay it back. For the purposes of this article, we will assume your loan attracts 8% interest per year, which is the Annual Percentage Rate, or APR for that particular transaction. Practical example

Why it’s important to save for retirement

While retirement may seem far off in the distance for some, financial experts say you’re never too young to begin saving.  In fact, the earlier you calculate your retirement needs and start building your nest egg, the easier it will be to create a viable plan for the future. Many experts advise you begin saving a percentage of your income for retirement as soon as possible, no matter how little the contribution may be, as it’s possible the Social Security benefits millions of people currently depend on may be in jeopardy.

What are the Consequences of Overspending in Life?

How overspending can ruin your financial life? With today’s expenses and their prices, it can be very hard not to overspend. Still, that isn’t an excuse to stray out of your budget. You know why? It is because overspending can only lead to more problems than you think. Overspending can affect your whole life. With all the possible consequences, it may jump from one problem to another. Unpaid bills All the excessive shopping with your credit card can cause steep bills at the end of the month. If you keep on using your credit but don’t have enough money to pay for it in the end, then you’re surely in for a huge financial disaster. This will turn out to be missed payments, and missed payments will ruin your credit report. Missing out on payments will get your credit report marked for 7 years or more. And you can’t get rid of them by finishing them off. Credit report Overspending can cause a chain reaction of events. Once you get your bills due to overspending, it’s possible for you to mi

The Top 4 Reasons People Fail at Budgeting

Budgeting isn’t easy, and many people experience difficulty trying to get the most out of this essential financial tool.  While the concept may sound simple, adhering to your budget could be a lot harder than you might think.  To help you experience success, here are the top 4 reasons why people fail at budgeting .

How does a Prepaid Credit Card work?

Can They Really Be a Solution to Avoiding Credit Card Debt? When it comes to plastic, there are a lot of choices out there. Not only do you have the choice of credit card , debit card, or prepaid credit card, but you also get to decide which financial company you want to use as your card provider. Credit cards and debit cards are both risky. Credit cards can help put you deeper into debt, while debit cards give thieves and collectors access to your entire bank account. A growing number of people are finding that prepaid credit cards are becoming the best option. What Are Prepaid Credit Cards? Prepaid credit cards look and act just like a credit or debit card, except you put the money on the card before you make any purchases. You are only allowed to spend as much money as you have pre-loaded on the card, which means that you are not at risk of going into credit card debt from overspending. These cards also keep your money safe, because thieves will be limited to the amount that is on t

How to Make Your Title Loans Safe and Sound

Although title loans are tagged as risky, innumerable folks still use them for fulfilling their different financial obligations. Therefore, such loans are not completely bad because their significant use despite the risk factor says a lot of their pros. This makes it vital to discuss how these loans should be used so that the risk factor can be minimized up to a great extent. For those who are not aware of, the risk of title loans crop up in the form of consequences when you fail to pay back the loan. With such a failure, you are surely going to lose your car as well as decrease your credit score further.

How Equipment Loans can help your Business Thrive

Image via gettyimages Different companies enjoy common benefits from capital equipment. Machinery has direct and indirect effects on your bottom line. A new oven and forklift each make your business more productive. Meanwhile, interest and depreciation expense are tax write offs that indirectly improve business profits. However, your business may not qualify for a general purpose loan to buy much needed equipment. Some obstacles include: