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abu dhabi apartments Dubai Property and Dubai real estate for sale search from Just Property

Dubai In ternet Real Estate Portal. Buy, sell/sale Dubai Apartments and villas. Get updat ed search results for dubai apartment, villa in dubai, office for sale. We are l eading real estate portal in UAE with the best range of dubai freehold property. Search for dubai properties from our extensive list of real estate brokers and landlords in Dubai. Buy or sell your flat,house,home,investment property and ho tel with Just Property Dubai. Dubai property prices on the up as real estate market shows positive signs of im provement The Dubai property market, which was badly hit by the global financial crisis in 2008, is now showing positive signs of growth in the first quarter of 2012. JustProperty.com the largest dedicated property sales portal for the UAE has seen a positive uplift in Dubai real estate prices in the first quarter of 2012 with so me villa communities experiencing up to 9% price rises. The Springs Dubai, for example, an ever-popular Emaar Development consisting of predominantly 3 and 4 bed family homes with landscaped gardens and community par ks and lakes, has seen a promising increase in property prices in the first few months of 2012. The demand for Dubai villas still remains high as the supply of high-end family homes is not yet matching the demand. Investors should however be cautious of these latest figures, as a large number of new properties are coming onto the market in 2012, including the huge Jumeira h Park villa development by Nakheel. Other developments such as Al Furjan and Ju meirah Village also approaching completion, each of which will bring a very larg e number of Dubai villas onto the market. Apartment prices in the iconic Dubai Palm Jumeirah have also seen an increase in Q1 2012 as additional supply of apartments on the island is limited. All apartm ent developments on the trunk are now complete with just a few residential proje cts on the crescent left for completion. The Palm Jumeirah Central Park running down t he middle of the Trunk is well underway and promises to be a positive value adder to t he Golden Mile and Shoreline apartments. All in all, the outlook for the Dubai real estate market is looking much brighte r now than it did at the end of 2011, however caution should be taken in certain areas where large additional supply will be coming onto the market throughout t he year. Dubai Property delivers high rental returns The sharp property price drop from the 2008 levels now present excellent rental returns from Dubai property. Despite small drops in rental market expected this year, the rental yields are much higher. Typically, property in prime areas such as Palm Jumeirah and Dubai Marina attract between 7-9% yields with some propert ies offering well over 10% yeilds. The reason for this is that Dubai has remained robust over the last year in term s of population. After the initial population loss in 2008 due to redundancies, Dubai s population has been steadily climbing. This population needs housing. Unfort unately, it is still very difficult to get mortgages especially for middle/lower middle class due to strict lending criteria for mortgages. This essentially has forced many would be buyers to rent. There is an oversupply of properties in so me areas however the price of property already reflects this and hence the rent al returns are healthy. High rental returns are very enticing given the era of low interest rates achiev ed from savings accounts and traditional investment vehicles such as bonds. A lo ng term hold of a Dubai property will yield excellent rental yields in the short term and will, almost invetiablity, achieve captial appreciation in the long te rm. Dubai rental index shows signs of rent price stabilisation across many areas While the Dubai real estate market for property sales is still struggling to sho w signs of recovery, the Dubai rental market is now showing positive indications of stabilisation across some areas. However, certain areas are witnessing price

drops largely due to supply. In addition, the lower end of the market in new de velopments such as International City and Discovery Gardens also shows rental va lue decline. Where supply is balanced against demand and local amenities are pre sent, rental values have stabilised and in some cases have increased. The reason for the stabilisation is largely down to economic confidence and job stability. This confidence is buoyed by recent surveys that show companies are h iring or planning to hire in the near future. These additional jobs will bring i n more foreign nationals to Dubai, who will need housing, as well as potentially increase the spending power of existing residents. However, rental values are not expected to increase by any significant margin ov er the next year even if the Dubai population increases through new jobs. The ex pected supply will at the very least meet this demand and most likely exceed it. Areas such as Palm Jumeirah and certain villa communities should hold their pri ces through the year and potentially see increases as there is very little poten tial for extra supply.

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