SPF Realty wins International Property Awards 2014 in 3 categories

SPF Realty, the leading real estate broker in the UAE's freehold property sector, has won the coveted International Property Awards 2014 in three categories in the Arabian region. The three categories that SPF Realty won the global awards include -- Highly commended Real Estate Agency, Highly commended Real Estate Agency Marketing (for Grand Views – Meydan) and Highly commended Real Estate Agency Website.

The International Property Awards are open to residential and commercial property business from around the globe. They celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry.

G&Co and SPF Realty extend partnership for the third project

Millennium Square, located in the heart of Meydan City, presents ultra-luxurious, semi-detached villas with the finest of exclusive suburban living.

SPF Realty, the leading real estate broker in the UAE’s freehold property sector, announced its exclusive endorsement by Meydan City developer G&Co for the third consecutive project -- Millennium Square, a brand new opulent residential community project within Meydan Development. This is in continuation of SPF Realty’s successful association with G&Co after receiving overwhelming response for the previous two projects – Dhs 1.5 billion Millennium Estates, and 2.7 billion Grand Views at Millennium Estates.

Dubai realty market attracts foreign buyers

Dubai has always been a major attraction to residential property buyers from all over the world because it has emerged as a major global metropolis and everyone wants to own a part of that. Buyers and investors from all over the world are increasingly taking interest to buy properties in Dubai.

Recent reports indicated that Indian property buyers topped the list of foreign property buyers in Dubai, followed by buyers from Pakistan and UK investing in the property market dominantly.

Dubai property market sees spike in demand for residences

The Dubai property market continues on its solid growth due to the increased confidence of buyers.

The luxury property segment is expected to see a surge throughout 2014, especially since many people believe that home prices will only continue to rise and, therefore, the homes they purchase now will be worth more in the future, again making real estate a “safe” investment option.

People from different parts of the world are moving to Dubai now, and new projects are coming up all over the city coupled with returning investor confidence.

Affordable housing an area of great potential

Major players in the housing and realty sector are now venturing into low-cost housing

The affordable housing segment has turned into a lucrative niche segment catering to the needs of the low and middle-income earners. Focusing more on innovation, technology, sustainability and affordability, this new trend would address the large and severely under served affordable home ownership market.

Ensure success as a real estate investor

If you want to expand your investment portfolio, learn the ways of real estate investing

Investors can profit from real estate, but achieving success in this competitive arena requires stronger strategies, perception and knowledge. There are certain characteristics that successful real estate investors possess in common.

Since real estate investment is a complicated field, considering the huge amount of money exchanged from hand-to-hand, it is a must to get advice from experts when somebody invests full-time or part time in the sector. 

Considerations in buying property for resale

It is essential to make sure transactions happens at the most opportune time 

The property resale market in Dubai is showing marginal growth as many of the new – build apartments and villas have come back to the market for resale. If the owner of a property decides to sell, it is essential to make sure the transaction happens at the most opportune time in the market. The investor might realize that holding out for improving prices is his/her best bet. There are many things to take into account when reselling properties in Dubai.

According to the Dubai Land Department (DLD), “In 2014, the total number of real estate transactions in Dubai exceeded AED 61 billion, an increase of 38 per cent compared to the previous year. It is quite conservative to estimate a doubling or trebling of residential property prices in Dubai by the year 2020. Developers are lunching several projects including luxury residential properties in line with Dubai’s strategies to become the world’s best tourism hub.”

UAE’s realty sector on a stable growth path

The growth of real estate market is perhaps one of the strong indicators of financial stability of an economy. There is an interrelationship between the real estate prices and the bank lending; since loans are the main source of real estate finance. The impact varies in line with the dynamics of the real estate market. Due to the impact of the property prices on the profits of the banks, the growth in the real estate sector contributes to the stability of a country's financial system.

In the UAE too, the banking sector has been exposed with the booming real estate market and remained at higher levels. A leading global ratings agency recently predicted that this exposure in the UAE would increase in the coming years with the banking sector’s performance in their participation in the development of the real estate sector. The report comes after examining the potential growth witnessed during past two years in the real estate market, which now shows signs of stabilization.

Sustainable Development Current Buzzword

Country focused on achieving economic goals with minimal impact on the environment

By Yash Shah

(Special to Properties)

Majority of real estate developments up until the past decade were built without much attention on sustainability. But concerns raised on the environment have increased globally, and the UAE’s commitment to sustainability began a slow focus on infrastructure development.

Discussions on the important of sustainable infra-structure development in the cities have gained momentum. Real estate developers across the world have started taking into account the environment impact of projects, and began moving away from the “usual approach” in response to the need for sustainability.

Launching the last phase of Villas facing Equestrian Training Track, Meydan

Grand Views @ Millennium Estates, Luxurious villas located in the inner circle of Meydan, with a 35-65% payment plan. Launching the last phase @ AED 1400/- PSF.

Limited villas available facing Equestrian Training Track

• 6 Bedrooms + Maind's + Driver's 
• G+2 Floors with Private Elevator 
• Free Usable Covered Terrace
• BUA: 6,044 Sqft. 

More info:
Call: 800 773 (UAE Toll Free)
         +971 55 7194462 / +971 55 7196902 (Outside UAE)

Email: gv@spfrealty.com

Web: http://millenniumestates.ae/grandviews/ 

3D Video Grand Views @ Millennium Estates, Meydan