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.