High Demand of Dubai Rental Projects An Open Opportunity For Investors From Around The World

Dubai can be truly regarded as the hot spot property center for people around the world having all the great architectural and infra-structure developments with massive ambitious projects being raised seemingly overnight. Keeping all the market aspects in view and considering the youngness of the Dubai market ranging to just multiple decades with a continuous overwhelming demand rate which exceeds the supply one can say with confidence that there is none market better than the captivating and vibrant market of Dubai to invest at this point of time when all other markets of the world are struggling to overcome financial meltdowns.

The Freehold law had been passed in March 2006 allowing foreign investors and general public to have leasehold for 99 years or full freehold ownership of Dubai property in designated areas of Dubai. This is market as single most fruitful and exemplary step for attracting foreigners as it allows foreigners to have their own property and also the authority of selling their property as per their desire. This although may seem a normal condition for general public unaware of the market trend in real estate Dubai and other parts of Middle eastern countries but for those who knows the land laws of Middle Eastern countries they well know the importance of this step towards bringing and attracting foreign investors. The potential for investment is high, and there is a great demand for short-term rental projects in Dubai yielding around 10%. keeping in view the new aspects and opportunities opened after the Freehold laws, one also needs to remember that there no taxes imposed on income earned within Dubai which also includes the rents which one earn by renting his/her renting property. Moreover, there is no issues of taxes on capital gains which again brings great opportunities and attraction for investors around the world. With all these aspects in mind, the population of Dubai is due to double in the course of next five years which means increase in the demand for rental projects of real estate in UAE and again this is a great news for investors who are desperate to invest in Dubai real estate as they will be able to rent their properties which will be in full demand in years to come.

One such project that is custom designed for rental purpose and which is call the NEW DUBAI is Dubai Marina. Dubai Marina is taken as new Dubai inside Dubai with some most prolific infra-structure, tourist destinations, breath taking architecture, modern amenities, scintillating beaches, world class accommodation, luxurious life style and trendy and huge shopping malls. Dubai Marina is considered as a new center for business and trade in Dubai with spectacular and most stylish artificial Marina truly named as Dubai Marina. The Marina includes all the luxuries of life and high living standard facilities with energetic, pulsating and lively atmosphere which will take your breath away. The project is a great opportunity for investors as well as for people looking to rent and Buy Dubai Property. Dubai Marina apartments for rent comes with spacious interiors, telephone connection, wardrobes, speedy Internet, maid service and many more to go. There are many sites which contains information about Dubai Marina apartments for rent, these sites contain contacts of owners whom you can directly contact for renting your desired apartment in luxurious Marina of Dubai.

Canary District Toronto

West Don Lands development kick starts with the maiden condo development venture in the Canary district and is anticipated to take a fascinating shape eventually. As it is going to be a very prestigious venture, Canary District is hosting a VIP pre-construction, pre-sales event that will offer a myriad range of floor plans in order to impress the prospective buyers to put their money in. In fact, given the current scenario, investing in condos seems to be an affordable alternative than opting for individual homes if budget is the main hitch.

The per square foot price that the condos come in are often very less when compared to a detached dwelling. So, as a result, the monthly repayment on the mortgage will also be less. Owning a condo is definitely a better proposition than leasing an apartment in case you are one of those who has long term mortgage. As there are going to be a number of community amenities you need not worry about sending your kids somewhere away for availing the same.

The Canary District condos come in with a lot of highlights with this venture in the terms that it is a whopping 800 stunning new condo units, the first of its kinds at all in the area of Canary district Toronto. It has abundant green space, a lot of retail shopping and very convenient public transportation for commuting. The Canary District is going to receive its due during the PanAm Games in 2015 when around 10,000 plus athletes as well as support staff will have to reside here and compete and be a part of the world class event. The glory of the place will not only be amplified but also will enthrall the audience from the world over. Canary District is packed with great amenities as well as leisure activities that people can be a part of. A keener look into the pricing structure of the canary district condos will tell that prices start as low as $200,000.

If you are one of those people who are looking out for buying a property in the Canary District Toronto, a place that holds a lot of promise to the real estate investor, then you can definitely get in touch with the broker who deals with the place and condos directly. He will be the right person to describe the details of the condos as well as the square feet in which they come in and also the other amenities that are part of the package as well. Condominiums are an ideal option if budget is a primary concern. You can have a self-owned property coupled with the best amenities in a very lavish and opulent setting. The canary district Pre-sales event will showcase the building footprints, floor plans, condo pricing and many more specific details too which as a prospective investor you would love to know in order to make an informed decision.