Dubai comes to Dublin

At the Dubai Property Show in March, visitors will be able to see for themselves the abundant lifestyle opportunities available in the city, as well as meet experts with all the information about living and buying real estate in the UAE. This will be an event that consumers cannot afford to miss, bringing Dubai to Ireland for the very first time.”

The show will feature the many of the exciting projects in Dubai such as:

• Palm Jumeirah, considered as one of the most unique and exclusive real estate projects in the world. It provides spectacular homes, world famous waterfront resorts, boutique hotels, shopping, spas, marinas, all providing a tranquil retreat from the stresses of everyday life. Prices starting from £250,000 for apartments and villas from £750,000.
  
• Dubai Sports City ’DSC’ is the world’s only integrated purpose designed venue which is expected to be completed by 2007. This $2 billion city will host the first Manchester United soccer school outside Europe, a golf course designed by South African Ernie Els, a David Lloyd tennis school and a Butch Harmon golf academy, the first outside North America. DSC development is being created as one of the star attractions of the mega Dhs 18 billion Dubailand project. Prices starting from £65,000.
  
• International City will feature country themed architecture of residences, business opportunities, and tourist attractions. It will cover 800 hectares and its geometry was inspired by the intricately patterned traditional carpets of the Middle East. Once completed, the project will contain studio, one and two bedroom apartment units and accommodate over 60 thousand residents. Prices starting from £45,000.
  
• Jumeirah Beach Residence is a seaside development on 2.2 million sq.ft. of vacant land along the Jumeirah Beach Coastline, with the objective of meeting the need for luxurious residential units at an affordable price on freehold basis. It is the last of the beach front properties giving you year round "Beach-Resort" lifestyle with beach facilities just an elevator distance away. Prices starting from £150,000.

Properties at the show will cover the vast range of “off plan” and key ready freehold properties including villas, town houses, apartments, lofts, studios, water homes, golf resort homes, serviced apartments and many more. If you are looking to either buy a holiday home or a property as an investment or even plan to buy a property to retire, this three day show will offer thousands of properties to suit every budget in one of the most exciting property and holiday destinations in the world. There will be a variety of competition giveaways promoted at the show by a selection of exhibitors, one of which will be the chance to win a fabulous holiday prize package which includes Premium Class return tickets from Dublin to Dubai courtesy of IFA Hotels and Resorts and Aer Lingus.

Dubai Shows Ltd. can arrange suitable finance if needed, through an array of recommended lenders, with mortgages being available of up to 80% of purchase.

The exhibition will be held at the RDS Irish International Exhibition and Convention Centre, Dublin which will be open daily on Friday 24th from 12.00 - 18.00pm, and Saturday 25th and Sunday 26th March from 10.30am -18.00pm. Entry is free. For further information please contact Dubai Shows Ltd. on +44 1223 476 568 or in the UAE head office +971 4 329 0509 15th March 2006

15th March 2006

INVESTOR NEWS - DUBAI’S FREEHOLD PROPERTY LAW PASSED

Irish Investors will be pleased to hear that the Dubai Government yesterday issued the long awaited property law that allows foreigners freehold ownership of properties in designated areas.  The Dubai Property Show which is being held next weekend (24-26 March) at the RDS in Dublin is the first property exhibition in the world to benefit from this new law.

Mike Bridge, organiser of the Dubai Property Show comments, “This is great news for Irish investors who visit the show next weekend.  We will be holding the first show in the world that will be benefiting from this new law, with exhibitors promoting an array of projects being built which are without a doubt, the best in the world.  Prior to the law the only guarantee foreigners had of ownership was a contract with the developers. This new law is definitely welcomed by all of us within the industry and it now gives investors reinforced confidence with the property market seeing a further boost.”

The law dictates that the Dubai Land and Properties Department will set up a real estate registrar to register properties under the names of the owners.  Expatriates will be given the right to acquire long term leases of up to 99 years in certain areas.  The law will be followed by a number of bylaws which will identify the freehold areas in Dubai as well as determine registration fees and so on.  The Gulf News reports that more than 13,000 expatriate families have already moved to their homes without securing title deeds in their names, while another 7,000 are expected to move in by the end of the year.

Dubai has become the fastest growing city in the world and a world class destination for business and tourism.  Aer Lingus has recently announced that it will begin direct flights from Dublin to Dubai from March 28th.  This is likely to spark a further influx of Irish investors to the Emirate, which has already proved a very popular destination since the market opened up three years ago.  Huge investment has been ploughed into Dubai and it is constantly introducing world class projects in a city that offers unlimited opportunities, strong population growth, high rental returns.

For investors wanting to take advantage of the new property law, visit the Dubai property Show at the RDS Irish International Exhibition and Convention Centre, Dublin which will be open daily on Friday 24th from 12.00 - 18.00pm, and Saturday 25th and Sunday 26th March from 10.30am -18.00pm. Entry is free. For further information please contact Dubai Shows Ltd. on free phone 0818 332 977 or visit www.dubaishows.com