4 ways To Value a Freehold Property In Dubai

4 ways To Value a Freehold Property In Dubai

Many people in the world aspire to move to a new city or new country for various reasons, say for instance, job, career, higher studies and many more reasons as such. The most loved city which attracts the tourists for the above listed reasons is the city of Gulf, Dubai.

So, if you are planning to move to the city of Gulf, Dubai then you are headed towards the right place. In this post we will tell you about the property, freehold property in Dubai.

4 ways To Value a Freehold Property In Dubai

4 ways To Value a Freehold Property In Dubai

Initially the foreigners are not permitted to make any kind of investment or cannot buy the freehold properties in Dubai. But after the declaration of freehold Dubai Property law in the year 2002 professional real estate investors and the foreigners change their mind set and started giving attention to making a huge investment in real estate in Dubai, UAE. The state government has made massive investment in the construction of infrastructure in this city so as to make less dependent on oil.

Advancement of Dubai Freehold Property Market:

Dubai Freehold property market has advanced to a lot of extent as of now. The trend of freehold property market has begun in the year 1998 after the project launch of Dubai Marina as such. During that year, there was not any freehold property legislation existing in Dubai, UAE. Just the marvelous villas were available as the leasehold asset for the 99 years.

When the freehold property law came into existence in the year 2006 then non-GCC nationals (Here GCC stands for Gulf Cooperation Council, which includes Kuwait, Bahrain, Saudi Arabia, UAE, Qatar, Oman) are allowed to possess freehold properties.

Know more about Freehold Property UAE:

Dubai Freehold properties are available to purchase by local and the foreign residents both. People who belong to any country around the globe are permittee to buy and hold a freehold property forever unless they determine to to resale it to anybody. People can anytime resale their lovely houses. But they must know 8 things to be considered before purchasing the dream home in the Gulf. Well, purchasing a lavish apartment is quite different purchasing the villa.

Is it possible to purchase freehold property in other parts of UAE?

Well, Dubai is the first Emirate of UAE which permits non-GCC residents to possess the freehold property in specific areas of Dubai as such. Other different Emirates of UAE also focus on developing their own property laws. There are various apartments for sale in Dubai which you must know.

Currently, Abu Dhabi (2005) and Ajman (2006) also declared freehold properties available in various areas. Various other states also offers ownership of freehold properties to the expats and the foreigners.

4 ways to value freehold property in Dubai:

Dubai real estate is prospering with each passing day. This has made it attraction for the buyers to buy their property in Dubai. But there are many people who don’t know as to how should they value freehold property in Dubai.

You must not be much excited by the Olympic-sized pool or the magnificent chandelier in the classy lobby as these add-ons does not determine the market value of of your real estate in Dubai as such. There are various properties for sales in Dubai which grabs the eyeballs of the tourists around the globe.

You must perform well-versed research and search about the categories of brokerage website which fascinates you to the core. You must get the accurate pricing of Dubai freehold property in which you are interested in before you look for ward to buy the same.

You must know that main factors which helps you to determine the market value and also establishing supply and demand of a Dubai freehold property involves location, the price involved in the construction (like costing of cement, steel, etc), connectivity to the metro and other kinds of public transport and the customer’s ability to know the community/area as such. As per the recent industry trends, the costing of property at Dubai Marina have risen by 28% since the year 2010. Even the Roads & Transport Authority (RTA) have claimed that the value of freehold property nestled within 1.5 kilometres of the metro stations have increased to 415 from 13% percent earlier.

The research have also shown that the areas with 1-2 bedroom properties are more famous than the areas having 3-4 bedrooms. You must know how to get discount on property taxes if you aspire to buy freehold property in this Gulf city.

Conclusion:

So, before you opt for purchasing Dubai freehold property, you must know:

Why do you need to purchase and require the Dubai freehold property? Do you decide to live in the property or as an investment for resale or lease purpose? This will have certain influence on the type and location of property which you must buy. You must also make a plan for your financing options also.

As the leading classified website of UAE, we help you to purchase the freehold property in Dubai without any hassle.

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The Inside Design of Tallest Building: Burj Khalifa

The Inside Design of Tallest Building: Burj Khalifa

Burj Khalifa is one of the top 5 tallest skyscrapers in Dubai, which makes the tourists jump out of their skin just by the first glance. It is one of the must-visit tourist spot of UAE which must be visited apart from the ravishing Dubai mall. This lovely tourist attraction grabs the eyeball of the visitors by its height. Being one of the tallest building in the entire world, it has the height of 829.8 m (2722 ft.). It leaves the tourists gobsmacked as they get to experience whole 360 degree view of whole Dubai from the 124th floor.

The Inside of Tallest Building: Burj Khalifa

The Inside of Tallest Building: Burj Khalifa

The most-visited place in Dubai if you love heights to the core. If you aspire to unleash your experience something about lovely height, then you must certainly opt for The 148th floor of Burj Khalifa.

All About the Stunning Burj Khalifa:

The magnificent building is nestled in Dubai and attracts people from all over the world. 8 lovely facts about Burj Khalifa will make you drool for visiting the place once in life for sure. Being one of the tallest buildings of the world, it is worth visiting once in a lifetime. Located in Downtown Dubai, the construction of this attractive building started in the year 2004 in the month of September and the complete exterior of the building was done by the year 2009 in the month of October. The astonishing building was opened for the tourists in the year 2010 in the month of January.

The complete cost of this project was around US $1.5 billion. It is built on the 490 acres of the land and said to be as Downtown Burj Khalifa. Constructed on Sheikh Zayed Road near Dubai’s major business district.

This lovely tourist spot was constructed to be the center of attraction for the people of Dubai as well as the tourists. It has the best in class shopping mall, the Dubai Mall, which attracts the Shopaholics across the world. It has 30,000 homes, 9 wonderful hotels in Dubai are also located in Burj Khalifa. The classy interiors of Burj Khalifa are designed keeping in mind the modern lifestyle of the people.

Around 19 residential towers are included in Burj Khalifa and around 30 acre man-made Burj Khalifa Lake features amazing Dancing Fountains.

Some Interesting Facts About Burj Khalifa:

The Inside Design of Tallest Building: Burj Khalifa

  • This building includes 2909 stairs from ground floor to 160th floor.
  • There are 57 elevators and 8 escalators.
  • The world’s highest nightclub is located at the144th floor in this building.
  • The elevators of the building have the capacity for 12 to 14 people per cabin.
  • The astonishing double-deck elevator rises and fall downwards up to 10 m/s (33 ft/s).
  • You will get to see the world’s highest observation deck : 124th floor at 452 meters.
  • This building observes the dazzling New Year display of fireworks.
  • There are various restaurants in Dubai, and the world’s highest restaurant (Atmosphere) is located at 122nd floor at 442 meters in this building.
  • Total number of floors in this building are 163 floors (previous tallest building World trade Center had 110 floors).
  • This building includes world’s highest observation deck at 148th floor at 555 meters
  • This building includes the world’s highest swimming pool which is located at 76th floor.
  • World’s highest installation of an aluminum and glass facade is located in this building at 512 meters.
  • This building is one of the tallest structure built in the world which is of 829.8 meter high.

Best Time for Visiting Burj Khalifa:

Well, if you visit this wonderful place at the daylight hours then you can enjoy clicking wonderful pictures. Another lovely time to visit this mesmerizing tourist-spot is throughout the sunset and blue hour and later on by evening. You can get the tickets for a sunset visit from 5.30 pm to 6.30 pm, called as the prime hours.

Visit at Tallest Building: Burj Khalifa

For Getting the Tickets to Visit this Place:

Burj Khalifa includes 2 observation decks. Ticket pricing differs as per the observation deck you want to visit as per the time of the day when you desire to visit. You will be able to get the tickets from the entrance on the ground level of Dubai Mall near the Cafe Court. You can for purchasing the tickets online which will save much of your time because tickets purchasing on the spot will cost you a king’s ransom of up to 75% more.

Well, you can also purchase tickets for dining in the restaurant on the 122nd floor at the time of your visit. For extra charges, Fast Track ticket will provide you priority access and that will enable you to skip the elevator queues.

Burj Khalifa offers the luxurious lifestyle to the residents, which includes various kinds of facilities which you can’t imagine. Surrounded by the hotels for foodies, shopping places and other different entertainment options that make a resident feel over the moon while staying at Burj Khalifa.

Astonishing Apartments at the Burj Khalifa:

apartment at Tallest Building: Burj Khalifa

The building contains around 900 apartments for residential purpose. At the time of the initial stage of the development, many people did not have any idea of this eye-popping structure is built for residential purpose. In this building there are 4 sections designed for the residential basis:

Amazing Armani Residence A9-16 Floors
Very 1st residential section 19-37 Floors
Mesmerizing 2nd residential section 44-72 Floors
Residential section located at the top 77-108 Floors

For reaching to your apartment at the Burj Khalifa, you will have to make use of the more than 2 elevators, but the building includes in all 57 elevators and the fastest elevator in all is one of the fastest elevators in the entire world. If you think of switching the elevators, then it will be somewhat complicated for you plus time-consuming too. It will just take around 5-10 minutes to reach apartment in the building.

Burj Khalifa provides Breathtaking Facilities for Residents:

Well, staying at Burj Khalifa is no less than living in the ravishing hotel packed with numerous facilities for the residents. This building offers the mind-blowing facilities like swimming pool, spa, etc. The icing on the cake is that these facilities are absolutely free for the residents.

Burj Khalifa provides various other facilities like unleashing your dining experience at the world’s highest restaurant, enjoying swimming at the 2nd highest swimming pool. For the Shopaholics, this building also includes various places where you can shop till you drop. Other marvelous facilities at this building is fitness club, tennis court, massage centers, yoga centers and the nightclubs. There is a total of 2 nightclubs in Burj Khalifa. One of the nightclubs is located in the basement and other one is the highest nightclub which is nestled on the 144th floor in this building. As the resident at Burj Khalifa, you will have the feeling of VIP.

What is the cost of Living at Burj Khalifa?

Living at the stunning Burj Khalifa will definitely cost you a king’s ransom. As per the research conducted by Arabian Business, the average price of cheapest apartments in Dubai’s Burj Khalifa is increasing at a rapid pace. This building is the best example of real estate development in the Gulf.

At The Top deck:

top view of Tallest Building: Burj Khalifa

It completely depends on you as to how long you would like to visit At The Top deck in the building. The average stay is around 1 hour. The 22 mph (35 kph) elevators will reach the observation deck in just 1 minute.

At The Top observation deck has both indoor and outdoor areas for the tourists. Indoor areas include 3 quarters of the observation deck and provides views to the north, west and the south. Indoor deck is completely air conditioned and covered by a full length panel of the glass. You will get to see the gift shop to purchase souvenirs, but not food as such.

Outdoor observations deck includes the remaining one-quarter of the floor and gives the marvelous view of south, east and north. The temperatures at the top are mild and around 15 degrees cooler than the base of the building. For photography lovers, there are the horizontal spaces in the glass. No chairs or the benches are there at the lower observation deck as such.

Summing Up:

Well, if you are planning to visit this marvelous building, then travel guide in Dubai will help you out to visit this ravishing structure. You will just love to unleash the experience of heights that will leave you amazed to the core.

Dubai is one of the best place in the UAE, which attracts around the globe by its wonderful high-rise building, amazing architecture, desert area, camel rides and a lot of excitement to explore. Jumeirah garden city enhances your travel experience when you visit it. It will make you jump out of your skin by the dazzling structure.

At the leading classified website of UAE, you will find various apartments for sale as per your choices and preferences which provides various facilities. You can buy or sell various kinds of apartments, real estate property through this classified website.

5 Things to Keep in Mind When Tender Submitting

5 Things to Keep in Mind When Tender Submitting

There are many times when you can face problem while submitting the tenders. At sometime, people miss out certain kinds of information in the forms, which can cause your problem when you send the tender. There are chances that you tender may get rejected fully.

5 Things to Keep in Mind when Writing Tender

5 things to keep in mind when writing tender

There are various factors which you must consider when you prepare for tender submission:

1 You Must for Getting “Tender Rage”:

This generally pertains to all the people who are preparing a tender submission for the first time. Some people got irritated at the time when they tender of any kind of contract in the complex manner. Some people also get frustrated by having a glance at the whole tender process.

Generally, tenders need various kinds of efforts to be made in. There are multifarious list of questions to be answered when you opt for submitting the tender. You will get to see a long list of questions which you have to fill. There are certain people who make the compilation of complex questions they face in the list of tender submission form. For this, people must know the whole tendering process, so that they don’t face any issue regarding tender submission.

2 Sometimes the Tender does not Qualify for Selection:

For flourishing your business swiftly, you have to win the contract. Tenders are sometimes not right for certain individuals. Following this will not give you the tender rage. One good point about the tender is that you must be able to qualify your tender for submission by going through each detail minutely while filling the tender form.

3 You Must Follow the Proper Plan:

The selection process for tender is quite long. You might have to wait a long or the same. So you must plan perfectly and accordingly about it.
Basically, the tenders which are priced high have different aspects and the features. They generally take a long time in getting completed and submitted. These kind of tenders cost a king’s ransom. There are various facts that you must know about how to get business tenders in Dubai, so that you can plan well in advance and never face any difficulty regarding submission of tender.

4 Tender Must Reflect the Professional Image of the Company:

There are various kinds of tendering mistakes which must not be made. Some mistakes occur because of the lack of details about the tender, which in turn reflects the unprofessional image about your company. First impression about the company makes a different image for the customers, so always make your first impression quite well. So you must give all your efforts so that you tender bid looks quite appealing.

5 Writing the Common Tender Responses must be Avoided:

Many public sector will let you know about how your tender will be marked as such. Generally, those tenders get popular which gets good remarks and exceeds their needs as such.

At the leading classified ads website company, you can list your tender business, which will generate you higher revenues.
Never opt for writing ender responses which are generic. Make your tender quite impressive so that it gets good remarks too.

Closing Thoughts:

Well, tender submission is not hassle-free. You have to take care of certain points which can lead you towards rejection of your tender. Always follow the tender related news as you see about the tender submission.

The above listed points also must be avoided so that you don’t face any problem regarding the tender submission and your tender will qualify for the selection.

The leading classified ads website helps you to get tenders in UAE. All you need to do after getting tender is to read carefully and give necessary required details before submission.