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Emirate Hills Dubai – Live Life Emirate Size
by
Ankit Dua
Think property and real estate, think Dubai. Home to skyscrapers and many state-of-the-art luxury property developments, Dubai is perhaps the leader in property development the world over. Categorized among the fastest growing regions in the world, Dubai has clearly set contemporary benchmarks in the global property market. Once a small port and village, this second largest state of UAE has transformed itself as huge, dynamic, cosmopolitan and successfully built up its image of being the world\’s most luxurious city. May 2002 saw the Dubai property market revolutionize when the state government passed a new law for the ownership of Dubai properties for foreign buyers. The law allowed foreigners to purchase leasehold or freehold properties in specific areas of Dubai.
Once perplexed by the recession that hit the global market in 2008, Dubai realty the saw a sudden dwindle in its property prices, which further saw investor disinterest towards the emirate. However, Dubai\’s adoption of a hands-on approach to continue with the construction of its real estate developments allowed it to retain the investors\’ trust and 2012 proved to be a promising year for investors. A report suggested that real estate experts noted a hike of about 65% in the number of property transactions and this number is expected to rise even higher in 2013 and beyond. Today, Dubai\’s real estate market is at an all time high. Providing excellent investment opportunities and enhancing the property market, Dubai property is believed to be the right choice for investors and buyers to invest in world-class property in the emirate. Real estate experts suggest that prime residential areas in Dubai are expected to witness a sustainable and steady price rise in 2013. Established villa communities such as Emirates Hills Dubai and Dubai Marina are certainly the most sought after residences today.
Often referred to as the \’Beverly Hills of Dubai,\’ Emirates Hills Dubai is a desirable residential community in an inimitable setting. Well appointed villas, handsome private neighborhoods and lush landscaping make it a place of supreme wealth and beauty where each of the villas are distinctive to say the least and reflect the lifestyle of the people that reside there. Delighting residents with its free-spirited, cosmopolitan atmosphere, the Dubai Marina is a city-within-the-city. Built around an artificial canal, and strategically located near Dubai\’s sought-after landmarks, the Dubai Marina is home to around 120,000 residents and offers the exclusivity, status and thrill of waterfront living. Most residential towers here offer a view of the canal or the clear, blue sea. No longer relying on oil resources to support the economic cycle of the city, Dubai has clearly shown the other economies that it is the unrivalled leader in the real estate and property development sector.
Emaar group is a leading
international real estate company
with over 15 years of experience in developing residential and commercial projects including shopping mall development, retail business management, retail property management,
Dubai marina
etc.
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