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Mazaya Monthly Real Estate Report -
Week 3 - December 2015
As inferred by the Al Mazaya report, the
recent spurt in housing and township
projects and the general trend of growth
in Dubai makes it the ideal place for
launching the concept of smart housing.
This would enable the builders in the
emiratestocreatemoreinnovativeproducts
and projects without any real escalation
in the costing; such projects will be ideal
for this particular class of investors/
consumers across local and international
demands thus ensuring a regular stream
of demand whatever the market situation.
The fact that the financial crisis did not
cause turmoil in the UAE real estate
market and stood tall is an indicator of the
soundness of the corrective mechanism
in place. The steps were thus able to fulfil
the aspirations of both investors and end-
users who achieved their respective goals.
The key privileges which boost the
demand and increase the appeal to
form a climate that appeals to investors
and consumers alike is a driver of
growth in the real estate sector; the
influencing factors that contributed to
this favourable climate are a conducive
investment climate, stability (politically,
economically and environmentally) and
security of investments and property.
The other specific requirements are an
availability of world class facilities and
the suitability of geographical location.
Dubai has all the above advantages
plus, it has much more to offer.
The Emirates in particular and Dubai in
particular along with the progressive
economic policies are the cause for
making it the next Big Apple; that is
why the eyes of the most powerful
businesses and the largest investors
with the deepest pockets are on Dubai.
The reasons are not far to see; Dubai
has been following very innovative and
inviting policies that encourage the
best investors and businesses to move
their business here, they have set up
special economic zones that are tailored
to suit all economic industries and
Dubai is an international logistics hub.
Amongother advantagesenjoyedbyDubai
is its position as a vast business centre;
among the best of Islamic nations so
much so that it is considered as the capital
of Islamic economy. Another highlight
of this fast-growing economy is that the
taxation policies are far more lenient
than many other capitals in the world.
And, the icing on the Dubai cake is
that the living conditions and the well-
developed infrastructure provide the
inhabitants with very comfortable living
conditions; add to this the favourable
conditions which enhance the quality of
life available here you have an unbeatable
combination in your quest for a better
destination to do business or to stay.