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 

 

Grand Views at Millennium Estates - City's newest community of luxurious townhouses and villas located in Meydan

Introducing Grand Views at Millennium Estates
It is the city's newest community of luxurious townhouses and villas located in Meydan, neighboring the Nad Al Sheba-1 which is home to the Dubai-based Godolphin stables and the star attraction for horse-racing enthusiasts worldwide.

Grand Views at Millennium Estates is G&Co's latest development that offers the best of fine suburban living with the convenience of nearby urban destinations – including DIFC, Downtown Dubai and a direct link to Sheikh Zayed road. Modern, sleek and complete with exquisite finishes, live at the most pulsating address in town.

Discover Openness That's Close to your Heart
Grand Views at Millennium Estates encapsulates a harmonious blend of distinctive lifestyle with lavish homes and wide-open spaces effortlessly interwoven to form a seamless world of existence. For those looking to live in glamorous, exclusive surroundings, enjoy breathtaking nature, this opulent community is the place that redefines elite living.

Project Features

• Community Centre
• Retail
• Park
• Swimming Pool

More info visit grandviews.spfrealty.com