Dubai the Way
Real estate projects worth Dh165 billion ($45 billion) are currently under construction in Dubai with another Dh165 billion ($45 billion) in the development stages according to recent estimates.
Freehold and leasehold property laws allowing non-GCC expatriates to own homes in various emirates have rejuvenated the real estate market, bringing to an end the uncertainties about properties already bought or booked. This in turn has paved the way for buyers to focus on the design and decoration of their homes.
For such buyers, the ideal opportunity comes in the form of Dubai Ideal Home Show. The show is scheduled to take place at the Airport Expo Dubai from November 30 to December 3.
The GCC and the Middle East regions have witnessed sustained buyers interest including from internationally renowned professionals following the move by Dubai back in 2002 to allow freehold property for expatriates. Major projects announced subsequently have seen most of the properties being bought by either investors or homeowners.
Collecting imagery from the many Dubai projects–past, present & future–has become quite a hobby:
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