Property Market in Dubai

Dubai is the emirate of the UAE, the seventh and the second largest in area after Abu Dhabi. The bulk of sales in Dubai is generated from the property and tourism. This is one reason that most people prefer to invest in Dubai property market to make profitable business and make huge profits. Real estate projects in Dubai are simply delightful and a center of attraction for visitors. The climate in Dubai is also dry so it is a perfect choice for real estate agents to invest in.

Opportunities for Buyers

Various options are available to real estate buyers in Dubai that the real estate market offers a wide range of people. Apartments, flats, villas, condominiums and more, buyers have a choice to choose something that would meet their needs and tastes. Buyers who think that the Dubai property market needs a lot of investment can find different properties for what they are looking at incredibly reasonable prices. The best part is that people can easily obtain the property at a favorable spot without having to worry about additional costs.

Opportunities for Investors

As buyers, investors can also get help in investment in Dubai real estate market. There are many options for investors who can buy products at reasonable prices and sell at prices which has been successfully established large profits. Real Estate in Dubai has helped many people to earn huge profits from their properties and take full advantage of the market. All you need to keep in mind are associated laws that are essential, especially when buying or selling a property. If you are new to the real estate market, then real estate agents can provide much help in the management of procedures, legal obligations and other requirements.

Dubai begins inspection of unregistered Dubai brokerage

Dubai's Real Estate Regulatory Authority (RERA), in co-operation with the Dubai Department of Economic Development (DED), has started inspecting Dubai real estate brokerage firms that are not registered with RERA, Emirates Business has reported. The inspections will cover offices that practice real estate activities and licensed by free zones in Dubai.

Apartment in The Residence 4 Burj Dubai available for rent

A delightful 3 bedroom apartment with maids room in The Residences Tower 4 is for rent. The property is a great size and would be and ideal apartment for a professional person or a couple. Rental price is AED 230,000.00/ year.

For more information, please contact: Provident Estate
Tel: 04-3233609
E-mail:david@providentestate.com

info@providentestate.com
rentals@providentestate.com

Please visit their Website for more Dubai Apartments for rent

2 BEDROOM AL MUROOJ ROTANA IN SHEIKH ZAYED

Tucked behind the Sheikh Zayed Road and surrounded by a moat-like manmade lake, the Al Murooj Rotana offers the convenience of being close to Dubai’s main thoroughfare without the traffic noise.

The hotel is in the shadow of the rapidly rising Burj Dubai, but with this privilege sadly comes the ongoing drone of construction work, for the time being anyway.

The rooms are comfortable and contemporary, the pool area pleasant, and there’s a well-equipped gym and spa at which to purge your sins. The hotel is principally geared towards business travellers, with its excellent meeting and conference facilities, but leisure travellers not excited by the beach should be more than happy.

One word of warning; avoid the second floor rooms near the perenially busy and noisy Double Decker pub if you’re a light sleeper.

Project/Building: AL MUROOJ ROTANA
Location/Area: Down Town
Emirates/City: Dubai
Property Type: Apartment
Bedrooms: 2
Bathrooms: 2
Total Area: 1,100 Sq. Ft
Net Area: 0 Sq. Ft
Furnished: Furnished
View: LANDSCAPE VIEW
Ready Date: 2009-06-24

Please Contact: Loai
Tel; 04-3233609
Mobile: 050-5057143
E-mail:loai@providentestate.com

Please visit our Website for more properties for rent in Dubai

info@providentestate.com
rentals@providentestate.com

No Premium Properties

No premium properties as what I know are properties that are on the resale market that doesn't have profit. It means that property owners are selling just to get money their money back which they have spent on that particular property.

So what is the reason why property owners are selling their units without premium? I think maybe because of the global economic crisis that people need cash or they are afraid that property prices will go down.

Real estate set up in Dubai

Dubai real estate is a major investment arena for investors worldwide. The investment pours in not only from commercial companies but also from individuals abroad. In the last five years, the real estate sector has seen a marked boost in investments. This in turn has increased the supply of real estate in Dubai. In fact, both the processes are influenced by and in turn affect each other. In the coming years, this trend is expected to bring about an increased demand for purchasing residential and commercial units. One of the major consequences of this would be soaring property prices. Although many analysts expect that the supply would exceed demand in near future, this is believed to be an impending possibility only for the high income group.

The process of buying Dubai property is simple and hassle free. Real estate in Dubai requires no national registration. Usually, one has to pay some amount as booking or reservation deposit. Then, there is a deferred payment schedule wherein the remaining payment is divided into installments spread over the construction period. Units are financed to non-UAE residents only on certain ventures. The interest rates of properties range between 6 to 9 percent and the term usually lasts for 15 years. Upon non-UAE transactions, one can even obtain freehold rights.

There are factors that make investing in Dubai realty a profitable exercise. The capital gains tax and rental income tax are 0 percent. Secondly, the demand-supply ratio is carefully monitored and controlled by the government so that the properties account for strong growth rate and returns.

Furthermore, although legal advice is required to purchase real estate units in Dubai, there is no fee to be paid for the same. There is no tax levied on the properties. But there is a land registration tax which is paid to the government on completion of the project involved. This amounts to 1.5 to 2 percent of the price. However, if the contract is resold before completion, a transfer fee ranging between 1 to 7 percent is paid to the developer. To add to the benefits of purchasing Dubai real estate, the government provides resident visas on non-UAE investments.

Even the mortgage market has developed quite fast over the last few years. The emergence of HSBC as an international mortgage provider for property in Dubai has changed the scenario for ever after. The mortgage rates offered by the bank on are highly competitive and flexible.

In 2002, His Highness Sheikh Mohammed bin Rashid Al Maktoum, with a vision to transform Dubai into a global city, had decided to encourage international investors towards purchasing more properties. This dream will certainly materialize in the years to come.

Dubai Investment Park

Dubai Investment Park (DIP) is a recent, Environment friendly zone located in UAE. Dubai Investment Park delivers all requests for business, residential, recreational development. It covers 3200 hectares area and located approximately nine kilometers Ireland from the Arabian Gulf. It is approximately 3.5 kilometers in width and 9.7 kilometers in length.


The Dubai Investment Park has extremely competitive real estate market in UAE. The Park has a high profile and environment-friendly technology development, which is designed to be a self contained city with diverse land usage and special features. Dubai Investment Park is a moderate business zone spreading in large area of 32 million square meters offering investors a range of quality services. DIP has a wide variety of aim such as manufacturing, office, housing, research, distribution, logistics and academic function.

Dubai Investment Park aim to offer viable prices for entirely developed plots along with No hidden charges. The park has various sized plots for a variety of uses which are vacant for long term use. The park has quality controls to maintain development, water supply network, waste water collection network, treatment and recycling facility.

The Dubai Investment Park representing all features such as pre-built units available for lease along with gate access on site security and full complement of infrastructure. The park has direct access to major UAE freeways to Jebel Ali Port and the proposed second Dubai Airport. Park design control is to maintain the quality of development of the park as well as possible equity participation by Dubai Investment.

The park has world-best Infrastructure includes Domestic water system to supply 19 million gallons per day. Irrigation water system to supply 6 million gallons per day.

Industrial process water system to provide 2 million gallons per day, On-site sewage treatment plant, Private power plant to supply 600mVA, potential daily gas demand of 2.5 million m3 per day, 50,000 telephone lines.

Click on the image to enlarge

The Dubai Investment Park commits facilities like competitive flexible lease rates. The leasing rates depend upon the type of the plot required its size and its location. The park has a wide range of land lease types such as Industrial land lease, Office land lease, Residential land lease, Commercial land lease, Industrial building lease, Office building lease, Commercial building lease. Dubai Investment Park (DIP) delivers all requests for business, residential and recreational development.

Content Source: JCA Consulting

Arabian Ranches

The Arabian Ranches Dubai offers villas and townhouses in a lovely gated community. Arabian Ranches Dubai is ideal for family life, with community facilities (swimming pools, play areas, tennis courts etc) available to all. Yet within easy commuting distance from Dubai and Jebel Ali.


The Arabian Ranches offers:

Arabian Ranches Golf Club
Village Community Center (with shops etc)
Jumeirah English Speaking School (Primary and Secondary School)
Equestrian Center
Dubai Polo Club
Medical Facilities within Arabian Ranches

Within Arabian Ranches, there are several developments:

Al Mahra Arabian Ranches

Set on the Desert Course, these unique golf homes offer an extraordinary experience in modern living. A traditional Arabic architectural design enhances the feel of pure comfort and style, Al Mahra offers a choice of ten different villa layouts. The distinct use of Mashrabia detail lends them a traditional feel. Neutral whites, placid creams, light tan and sand colors offer harmony with the desert and impart a sense of relaxation. Gypsum decorations, arches, recesses, elegant domes and bright open spaces complete the Arabesque design.

Located within Arabian Ranches, this eclectic community exists in perfect harmony with its golf and equestrian lifestyle. Abundant with shopping centres, restaurants, parks, JESS school, a clubhouse and an equestrian centre, it's designed for those who have a passion for fine living.

As well as high-speed digital technology for Internet, television and voice communication, balconies, terraces and a covered carport for two vehicles, Al Mahra also offers residents round-the-clock maintenance and security.

* A world-class golf course: The Desert Golf Course, designed by Ian Baker Finch/Nicklaus Design
* An equestrian centre with two polo fields, show jumping arenas, boarding facilities for horses and riding trails
* A community area that includes shopping, restaurants, mosque, community centres, school and cafe.
* Medical facilities within Arabian Ranches Community
* Gated community
* Plenty of open spaces in the form of parks
* Comfortable, pleasant and safe streetscapes, ideal for strolling and cycling
* Private gardens enclosed by boundary walls
* Membership opportunities at the golf course
* Membership opportunities at the equestrian centre
* Neighbourhood centre with swimming pool and children's play area
* Proximity to the town centre
* JESS school - primary and secondary level (UK curriculum)
* 24-hour maintenance
* 24-hour security

Villa Features

* Exceptional finishes, including ceramic tiles thoughout villa and decorative color palettes
* 10' mhigh ceilings in living spaces, 9' high ceilings in principal spaces.
* Kitchens with elegant cabinetry and granite countertops
* All bedrooms with built-in wardrobe
* Ensuite bathroom in master bedroom
* Maid's room, laundry room
* Front garden with covered carport for two vehicles
* State-of-the-art high speed digital technology for internet, television and voice communication
* Arabic design using Arabic ements: Domes, Gypsum Decorations, Arches, Recesses
* Large balconies/terraces

Al Reeem Arabian Ranches

Gazelle (Al Reem) is a 208-acre development that contains three themed independent gated communities (Al Reem 1, 2, 3) that surround an expansive two-level lake. Its design was inspired by the beauty of the desert and the grace of the Arabian Gazelle, and contains luxury freehold townhouses that incorporate elements from traditional Arabic, Spanish, Western and contemporary architecture. It is located on the eastern edge of Arabian Ranches and contains 2, 3 and 4 bedroom two-storey townhouses with sizes between 1,690 and 3,060 square feet.

Within each Gazelle Community, there is a communal pool, tennis courts, basketball courts and parks.

Location: Eastern edge of Arabian Ranches, Townhouses
Unit Type: Two storey single family townhouses
Phases: Al Reem I, II, III
Unit Sizes: 1,690 - 3,060 sqft (2, 3 and 4 Bedrooms)
Completed

The community offers its residents a full range of services on their door step:

* A world-class golf course: the Desert Golf Course, designed by Ian baker-Finch / Nicklaus design
* An equestrian centre with two polo fields, showjumping arena and boarding facilities for horses
* Nearby town centre includes convenience stores, fine dining restaurants, a mosque and school
* Gated community
* 24-hour security and maintenance
* Plenty of open spaces in the form of parks
* Pleasant streets are ideal for strolling or cycling
* Private gardens enclosed by boundary walls
* Membership opportunities at the golf course and equestrian centre
* Local neighbourhood centres for residents with swimming pools and children's play areas
* Jumierah English-Speaking School (JESS) offers first-rate primary and secondary education based on British curriculum

Alma Arabian Ranches

At the very center of the Arabian Ranches community, Alma Townhomes enjoy a privileged location. To one side is the central lake, a haven of calm and on the other is the retail center, a hub of activity. Step out and you’ll find yourself just a short walk away from the golf club. Living here not only means you can have spectacular views of the lake and golf course, but also easy access to everything on offer. Epitomizing the classic Arabian Ranches lifestyle, the townhomes stand in all their splendour, embracing every aspect of their immediate community.

The location of these townhomes at the very heart of Arabian Ranches epitomizes the name Alma, which means inner soul in Spanish. Inspired by the lucid lines of sumptuous Spanish architecture, Alma Townhomes stand in sets of twos and fours, alongside pretty little private gardens. Spread over a stretch of lakeside land, they offer a space that’s in symphony with its surroundings. It’s here that you’ll find a strong sense of community living and a rare chance to be part of the Arabian Ranches lifestyle.

Completion date 2009

As well as high-speed digital technology for Internet, television and voice communication, balconies, terraces and a covered carport for two vehicles, Alma will also offer residents round-the-clock maintenance and security.

* A world-class golf course: The Desert Golf Course, designed by Ian Baker Finch/Nicklaus Design
* An equestrian centre with two polo fields, show jumping arenas, boarding facilities for horses and riding trails
* A community area that includes shopping, restaurants, mosque, community centres, school and cafe.
* Medical facilities within Arabian Ranches Community
Gated community
* Plenty of open spaces in the form of parks
* Comfortable, pleasant and safe streetscapes, ideal for strolling nd cycling
* Private gardens enclosed by boundary walls
* Membership opportunities at the golf course
* Membership opportunities at the equestrian centre
* Neighbourhood centre with swimming pool and children's play area
* Proximity to the town centre
* JESS school - primary and secondary level (UK curriculum)
* 24-hour maintenance
* 24-hour security

Hattan Arabian Ranches

If such a thing as the quintessential Arabian luxury living exists, Hattan fits the description perfectly. A Fabulous collection of luxurious villas, these are the most sought after homes situated in the most sought after location - on the Desert Golf Course at Arabian Ranches.

With a choice of luxury and executive villa types, these family detached homes offer a fusion of heritage and modernity that both appeal and invite. What lends Hattan homes their distinguished character and style is the use of traditional Arabic architectural design and characteristic elements such as enclosed courtyards open terraces, sand and earthy colours.

Located within the Arabian Ranches, these outstanding luxury villas are in perfect harmony with its golf and equestrian lifestyle. Abundant with shopping centres, restaurants, parks, JESS school, a clubhouse and an equestrian centre, they are homes for the truly discerning.

Luxury comes as standard in the luxurious villas at Hattan, which provide a quality lifestyle to its residents within a tranquil, natural environment. The wide range of amenities offered include:

* A world-class golf course: the Desert Golf Course, designed by Ian baker-Finch / Nicklaus design
* An equestrian centre with two polo fields, showjumping arena and boarding facilities for horses
* Nearby town centre includes convenience stores, fine dining restaurants, a mosque and school
* Gated community
* 24-hour security and maintenance
* Plenty of open spaces in the form of parks
* Pleasant streets are ideal for strolling or cycling
* Private gardens enclosed by boundary walls
* Membership oppurtunities at the golf course and equestrian centre
* Local neighbourhood centres for residents with swimming pools and children's play areas
* Jumierah English-Speaking School (JESS) offers first-rate primary and secondary education based on British curriculum

Villa Features

* Well-lit spacious rooms
* Marble-style flooring in the living areas and staircases
* Marble walls and flooring in the master bath
* High quality kitchen cabinets
* High quality built-in kitchen appliances
* 9-foot ceilings
* High speed visual technology for internet, television and communication

Mirrador La Coleccion Arabian Ranches

Viva ello encima! When it comes to the art of fine living, nothing quite matches Spanish style and expression. Mirador, at the Arabian Ranches, captures the very essence of Spanish ease.

Built with families in mind, each detached villa is nestled in its own secluded space. But there's a community feel too, enhanced by the common Spanish architectural features. Positioned right on The Desert Course, some of these homes have truly spectacular views of the golf course. Here, you'll create your own niche in a setting where golf, polo and equestrian lifestyles.

Location: between Desert Course and Gazelle
Project Type: Spanish styled single family villas
Unit Type: Two story single family villas
Unit Sizes: 3,458 – 6,911 sqft
Completed

La Colección:
A special collection of golf homes that embodies the best of Mirador architecture and style and introduces new unique villa types.

Project Type: Spanish styled single family villas
Unit Type: 2 story detached single family villas
Completion date: end 2007 / begining 2007

The community of Arabian Ranches offers its residents a full range of services on their door step:

* A world-class golf course: the Desert Golf Course, designed by Ian baker-Finch / Nicklaus design
* An equestrian centre with two polo fields, showjumping arena and boarding facilities for horses
* Nearby town centre includes convenience stores, fine dining restaurants, a mosque and school
* Gated community
* 24-hour security and maintenance
* Plenty of open spaces in the form of parks
* Pleasant streets are ideal for strolling or cycling
* Private gardens enclosed by boundary walls
* Membership opportunities at the golf course and equestrian centre
* Local neighbourhood centres for residents with swimming pools and children's play areas
* Jumierah English-Speaking School (JESS) offers first-rate primary and secondary education based on British curriculum

Palmera Arabian Ranches

Imagination. Innovation. Distinction. These are all attributes that spring to mind when describing Palmera - the unique Spanish style cluster homes at Arabian Ranches. Each of these single-family attached villas is distinctly different from the other. Yet they are secure within their clusters, which lend a feel of community living.

The picturesque streetscape makes for an exquisite visual treat, while the tranquil surroundings contribute to a sense of calm and quiet. Inspired by Spanish Architectural Design with characteristics such as pitched roofs and rich, warm, earth colours, these homes have endearing style.Envisioned within the Arabian Ranches, this truly original community is designed for those looking for homes with character. It also exists in perfect harmony with the golf and equestrian lifestyle focus of Arabian Ranches and offers a serene setting.

* World-class golf course: The Desert Golf Course, designed by Ian Baker Finch/Nicklaus Design
* An equestrian centre with two polo fields, show jumping arenas, boarding facilities for horses and riding trails
* A community centre that includes shopping, dining restaurants, mosque, Medical Facilities,school and cafe
* Gated community
* Plenty of open spaces in the form of parks
* Comfortable, pleasant and safe streetscapes, ideal for strolling and cycling
* Private gardens enclosed by boundary walls
* Membership opportunities at the golf course
* Membership opportunities at the equestrian centre
* Neighbourhood centre with swimming pool and children's play area
* Proximity to the town centre
* JESS school
* 24-hour maintenance
* 24-hour security

Villa Features

* Exceptional finishes, including ceramic tiles throughout villa and decorative colour palettes
* 10 feet high ceilings in living spaces, 9 feet high ceilings in principal spaces
* Kitchens with elegant cabinetry and granite countertops
* All bedrooms with built-in wardrobes
* Ensuite bathroom in master bedroom
* Maid's room, laundry room or store room
* Front garden with covered carport for two vehicles
* State-of-the-art high-speed digital technology for Internet, television and voice communication
* Pitched colourful roofs, Spanish style decorative elements fireplaces with chimneys
* Colourful special exterior paint for each villa
* Large balconies/terraces

Saheel Arabian Ranches

Comprising of one and two-storey contemporary style villas, Saheel homes are available in 9 unit types ranging from 3,166 to 5,308 sq ft. and three and five bedrooms. Primed on generous plots, Saheel offers homeowners an opportunity to be part of the unique desert paradise that Arabian Ranches has to offer.

Saheel was one of the first districts in the Arabian Ranches development and some villas offer direct views of the Desert Course, an 18-hole championship course designed by Ian Baker-Finch and Nicklaus Design as well a variety of ‘green’ experiences with parks and secondary streetscapes.

The Saheel community has its own unique atmosphere. Every effort has been made to create an environment where residents’ can enjoy a unique and satisfying outdoor lifestyle.

As well as high-speed digital technology for Internet, television and voice communication, balconies, terraces and a covered carport for two vehicles, Saheel also offers residents round-the-clock maintenance and security.

* A world-class golf course: The Desert Golf Course, designed by Ian Baker Finch/Nicklaus Design
* An equestrian centre with two polo fields, show jumping arenas, boarding facilities for horses and riding trails
* A community area that includes shopping, restaurants, mosque, community centres, school and cafe.
* Medical facilities within Arabian Ranches Community
* Gated community
* Plenty of open spaces in the form of parks
* Comfortable, pleasant and safe streetscapes, ideal for strolling and cycling
* Private gardens enclosed by boundary walls
* Membership opportunities at the golf course
* Membership opportunities at the equestrian centre
* Neighbourhood centre with swimming pool and children's play area
* Proximity to the town centre
* JESS school - primary and secondary level (UK curriculum)
* 24-hour maintenance
* 24-hour security

Savannah Arabian Ranches

Emaar's gated golfing and equestrian development Savannah affords the grandeur of a high-quality lifestyle. Over 200 luxurious villas are spread over an expanse of 79 acres. Contributing to the Savannah lifestyle are a world-class equestrian and polo grounds, a network of man-made lakes, golf and a health spa. One of the Middle East's finest golf courses designed by Ian Baker Finch and Nicklaus Design is now open and challenges visitors over its par-72 desert 7,698-yard length.

Project Type: Single family detached homes
Unit Type: Detached Single Family Villas
Unit Sizes: 3,216 - 6,185 sqft.
Completed

As part of the Arabian Ranches 'lifestyle'community key features include:

* A world-calss golf course: the Desert Golf Course, designed by Ian baker-Finch / Nicklaus design
* An equestrian centre with two polo fields, showjumping arena and boarding facilities for horses
* Nearby town centre includes convenience stores, fine dining restaurants, a mosque and school
* Gated community
* 24-hour security and maintenance
* Plenty of open spaces in the form of parks
* Pleasant streets are ideal for strolling or cycling
* Private gardens enclosed by boundary walls
* Membership opportunities at the golf course and equestrian centre
* Local neighbourhood centres for residents with swimming pools and children's play areas
* Jumierah English-Speaking School (JESS) offers first-rate primary and secondary education based on British curriculum

Villa Features

* Exceptional finishes, including ceramic tiles thoughout villa and decorative color palettes
* 10' high ceilings in living spaces, 9' high ceilings in principal spaces.
* Kitchens with elegant cabinetry and granite countertops
* All bedrooms with built-in wardrobes
* Ensuite bathroom in master bedroom
* Maid's room, laundry room
* Front garden with covered carport for two vehicles
* State-of-the-art high speed digital technology for internet, television and voice communication
* Fireplace
* Contemporary Design

Terra Nova Arabian Ranches

Set on the Desert Golf Course, a villa in Terra Nova offers the highest standards in modern living. They personify the grace and comfort, the sense of family protection, and status associated with the Santa Fe Style.Rich in color, with contemporary yet traditional Adobe style architecture, these distinctive homes offer a design that is born from a fascinating history that blends with the desert. High ceilings and bright open spaces create a style like no other.

Located within the Arabian Ranches, this eclectic community exists in perfect harmony with its golf and equestrian lifestyle. Abundant with shopping centres, restaurants, parks, JESS school, a clubhouse and an equestrian centre, it is designed to enrich daily life.

* A world-calss golf course: the Desert Golf Course, designed by Ian baker-Finch / Nicklaus design
* An equestrian centre with two polo fields, showjumping arena and boarding facilities for horses
* Nearby town centre includes convenience stores, fine dining restaurants, a mosque and school
* Gated community
* 24-hour security and maintenance
* Plenty of open spaces in the form of parks
* Pleasant streets are ideal for strolling or cycling
* Private gardens enclosed by boundary walls
* Membership oppurtunities at the golf course and equestrian centre
* Local neighbourhood centres for residents with swimming pools and children's play areas
* Jumierah English-Speaking School (JESS) offers first-rate primary and secondary education based on British curriculum

Alvorada Arabian Ranches

Inspired by Portuguese architecture, Alvorada villas exude a friendly and relaxed charm. From the arched windows and doorways to the rounded walls, Alvorada homes are elegantly proportioned and well-suited to the climate. The russet terracotta roofs, decorative turrets and other ornamental flourishes hint at their Portuguese pedigree. Interior plans offer a choice of three to five bedrooms. All designs feature generous living space, along with balconies and terraces for a comfortable al fresco lifestyle. Greenery and tranquil surroundings add to the appeal of an enchanting residence.

Location: set between Palmera and La Coleccion communities
Project Type: Portuguese influenced single family villas
Unit Type: Two story, 3-5 bedroom, single family villas
Unit Sizes: 3,566 - 4,844 sqft
Completion Date: December 2008

Arabian Ranches is located on the Emirates Road within Dubai, within easy commuting distance of all areas of Dubai, Jebel Ali, Abu Dhabi and Al Ain.

Acacia Avenues

Acacia Avenues typifies the Abyaar approach. Located close to the beaches of Jumeirah with ease of access to some of the world’s most luxurious hotels, Acacia Avenues is a commitment to quality as yet unseen in Dubai. With outstanding access to the media business parks, the development is a fully integrated urban centre of ultra-sophisticated design.

Minimalistic yet feature-filled in makeup, the villas and apartments of Acacia Avenues herald the arrival of contemporary urban living in Dubai. Inspired by chic, landscaped urban spaces, the architecture combines contemporary modes with regional cues to create a definitive living environment. Landscaped gardens lead to retail and leisure centres, restaurants and cafes.

Discreet, private and privileged – Acacia Avenues is meticulously maintained, assuring exclusivity in an environment permeated by contemporary Italian design and sensibility. Acacia Avenues features a luxurious residents only health club. Fully equipped with aerobic and cardio-vascular equipment, swimming pools, tennis courts and play areas, the club is a convenient attribute for busy lifestyles. A café and several small amenity shops will provide day to day provisions and the pedestrian friendly avenues are ideal for jogging and short bicycle rides.

Location

Acacia Avenues is truly in the middle of everywhere. It provides easy access to some of Dubai’s best beaches; the thriving business hubs of Media and Internet Cities; world-class education at Knowledge Village; and superb shopping and entertainment at the massive Mall of Emirates. With Sheikh Zayed Road and one of the stations for the new Dubai Metro nearby, Acacia Avenue is very well place whether you want to use your own vehicle or utilize the new public transportation system.

Master Plan

Designed as a first-class gated community, with pedestrian access throughout, Acacia Avenues will feature premium facilities including a luxurious health club, swimming pool, spa, squash courts, children’s play area and coffee shops.

It will offer high quality, discreet and privileged accommodation options, with 24 hors security, as well as retail and restaurant facilities available to the public.

Five star hotel services include 24 hour room service, concierge and pre-concierge services, transportation, chef and butler options that will complement the build integrity to provide a truly superior living experience that heralds the arrival of contemporary urban living in Dubai.

Lifestyle

Experience light filled minimalism

Light permeates every aspect of and Acacia Avenues home. Designed to benefit from Dubai’s exceptionally sunny climate, the apartments, townhouses and luxury villas radiate a sense of spaciousness. Straight lines, asymmetrical design and ingenious spatial planning create residences of unrivalled interior style. Outside, the communal exteriors are similarly lineal. Floor-to-ceiling windows cleverly merge the outdoor and indoor living areas to produce an even greater feeling of openness.

Clubhouse

A private community with luxurious facilities

Discreet and privileged, Acacia Avenues features a luxurious health club and a range of other first class sporting, retail and recreational facilities that will quickly become part of your daily lifestyle.

With lavishly equipped gymnasiums, swimming pools, tennis courts and play areas, the health club is the perfect complement for busy lifestyles. After strolling or jogging along the pedestrian-friendly avenues; swimming in the pool; relaxing in the Jacuzzi or spa; working out at the fitness centre or squash courts, you can choose whether to dine simply at the poolside snack bar or lobby café; or make it a night to remember in a fine dining restaurant.

Acacia Avenues will have 2 high rise towers which is 38-storey Olgana Tower and the 45-storey residential and serviced apartment Hilliana tower, 5 low rise buildings and 50 luxurious villas - Decora, Wanya and Fulva.

Completion Date will be End of 2010

Strata Law No 27

Here is what I read about the Strata Law N027 that will clear issues of property ownership.

What does the new jointly owned property law cover?

It includes the mechanism to transfer ownership of a property from a developer and the framework for setting up owners’ associations. The law covers the material, financial and social ownership, as each is related to the others. It helps to define the parts of a building that will be owned by an individual and those that will be under general ownership. The Dubai Lands Department will establish a mechanism to deal with disputes.

What is a jointly owned property?

This is whole or part of a building or land, or both, divided into units intended for separate ownership where parts of such a building or land have been designated as common areas.

What is a property unit?

Any flat, floor, plot of land or villa, connected or not connected to another house, that is part of a jointly owned property.

Who is the owner?

The person who is registered as the owner of a unit in the Lands Department’s register. This would include someone with a long-term lease or a limited-period usufruct (a legal right to use and make a profit from a property belonging to someone else) agreement and the master developer or the sub-developer in respect of unsold units.

What is the building management statement?

A document complying with relevant regulations that is recorded on the register and sets out arrangements for maintenance and cost-sharing relating to common areas and facilities, and including equipment and services in any part of a building that is subject to this law.

What is an owners’ association?

An organisation formed upon the registration of the first sale of a unit in a jointly owned property. The owners of all the flats in a freehold building or villas in a compound will select members to represent them in the owners’ association.

How will the Dubai Lands Department register disposal of these properties?

The department will prepare and maintain special registers of jointly owned properties and their unit owners and issue title deeds. It will regulate the sale or mortgage of jointly owned properties and the registration of long-term lease contracts and usufruct rights. Access to the registers shall be provided to all concerned parties.

Does the law cover car parks in jointly owned properties?

Yes, parking areas are included in the registered site plans at the Lands Department, which show units and their communal parts such as watchman rooms, recreational facilities and equipment, swimming pools, gardens, storage facilities and areas designated for use by the owners’ association or whoever the body assigns or contracts to manage the property.

Is an owner allowed to alter the structure or external appearance of a unit?

A unit owner may not make any alterations or modifications to the structure of his unit or any part of the jointly owned property that would materially affect the unit or property or its external appearance. A unit owner who contravenes any of these provisions shall be liable to repair the resulting damage at his own expense and in the manner requested by the owners’ association. If the owner fails to comply with this requirement, the association shall repair the damage and recover the costs from the owner.

Can the association delegate the running of a building to another company?

The association is responsible for the management, operation and maintenance of the common areas and must obtain an appropriate licence from the department for this purpose. The association may delegate all or some of its powers to a person or company it appoints at such remuneration and on such terms as agreed by the parties.

Each unit owner shall pay the owners’ association his share of the annual service fee to cover the costs of management, operation, maintenance and repair of the common areas. Such fees must be calculated in relation to the space of the unit out of the total space of the property. The master or sub-developer shall pay his share of the fee in respect of unsold units.

How is a jointly owned property insured?

An owners’ association must maintain comprehensive insurance to cover the repair or replacement value of the property in the event of its destruction by any cause. The association will be the beneficiary of the insurance. The association must arrange insurance against liability for damage to property or bodily injury to owners and occupiers. The insurance premiums payable by each unit owner will be covered by the annual service fees paid to the association.

What happens if a property collapses?

Usually the owners of the flats will have fractional ownership of the land and will also receive the insurance payout. However, in some cases where the land is owned by the master developer the owners will receive only the insurance money.

Business Bay

Envisioned to make UAE a global commercial and business centre, the Business Bay is a new city within the city of Dubai and is created as a commercial and business cluster along the new extension of the famous Dubai Creek extending from Ras Al Khor to Sheikh Zayed Road. Developed and managed by Dubai Properties, a member of Dubai Holding, Business Bay is a central business district in Downtown Dubai, featuring numerous skyscrapers located in an area where the Dubai Creek has been extended. The Business Bay comprises of 230 buildings, attracting commercial and residential developments including the Burj Dubai.


Dubai's Business Bay is similar in nature to Manhattan or Ginza, which are the business centers for the cities of New York and Tokyo. The legendary Dubai Creek - an important aspect of Dubai's trading past that have shaped Dubai from a fishing and pearl diving center to international port; has been extended considering its significance as a trade centre that harbors the stance of Dubai as the business hub of the region. Business Bay is a symbol of Dubai's progress as it embodies the crucial role the Creek played in Dubai's past as well its future.

The past few years have seen ambitious initiatives such as Dubai Internet City, Dubai Media City, Dubai International Financial Center and others. Business Bay is the cornerstone of the new economic push to extend the international role of the UAE. It was undertaken after extensive studies by some of the world's top consultancies, and reflects the ambitious vision of Dubai and the role that the UAE is looking forward to play as a leading international commercial and business centre.

Business Bay is all set to fulfill the growth needs in medium to long term. Besides the growing demand of the local economy -- which is projected to achieve an average growth of 5-9% annually over the next few years -- the UAE is attracting increasing foreign investment. Hundreds of companies ares setting up offices in Dubai every month and an increasing number of regional and international companies are working from the country. All this is creating a huge growth in demand that can not be fulfilled by existing projects. That is why Business Bay has been launched to cater to the needs of business, retail and commercial industry. It also features fascinating canals to add to the magnificence of the project, attracting regional and international business ventures and multinationals.


Life at Business Bay starts at the luxurious residential towers, designed to the highest standards and offering a lifestyle unimagined. From superb architectural style of each apartment to the breathtaking views just outside, life at Business Bay is intended for people that seek luxury in a vibrant community. Business Bay offers a successful lifestyle equipped with every amenity you need to make living a real pleasure. The residences and commercial enterprises at Business Bay features high-tech working spaces, comfortable and luxurious residential units and modern facilities and amenities. The Courtyard at Business is the center of communal activities, providing play areas, arcades and landscaped plazas. The Courtyard combines contemporary architectural themes with exclusive amenities, while the Podium is a unique feature that links the residential towers and provides covered walkways, fountains and pedestrian-friendly paths.

Business Bay is located off Dubai Creek and extends from Ras Al Khor to Sheik Zayed Road. Business Bay is ideally located for international trade as one end of the development touches Sheik Zayed Road with its office towers housing international firms and the financial institutions of the Dubai International Financial Center ( DIFC ). International hotels such as the Emirates Towers and Shangri-La are also on SZR. On the Creek side, Business Bay is neighbored by Dubai Festival Centre ( DFC ), a retail and leisure development, as well as being close to Dubai International Airport.