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

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DPRE Holdings Confirms Upward Trend in Dubai Real Estate Prices

The prices of luxury properties and properties in top locations in Dubai are showing a definite upward trend.

This was revealed by the findings of a survey conducted by DPRE Chronicle of its brokers in Dubai. The latest figures available at the end of the second quarter confirm the forecasts made by DPRE Chronicle on the basis of the data available in the first quarter of 2009. This segment has clearly bottomed out and is on the upswing. Local newspapers cite price increases from 20 to 40 percent. "Iconic" locations such as The Palm Jumeirah and Downtown Burj Dubai are at the forefront of this revival. A dozen other locations are already catching up.

The analysis clearly distinguishes between the positive trend in the top-level retail segment in select locations, and certain real estate funds, including European ones, which since 2008 have had to cope with severe problems. Potential investors should be aware of this difference. The macroeconomic environment of the Emirates is, nevertheless, investment-friendly.

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