HomesGoFast.com Reports Upturn in Dubai Property Market
Press Dispensary - April 07, 2006 - Dubai is currently a global ?hot property? with ?stellar? growth in its tourism industry and its population rising by 200,000 annually. With ?mega structure? developments - such as coastal expansion through the world?s largest man-made ?Palm? island - high investment potential and luxury lifestyles combining Arab culture with Western influence, it?s no wonder Dubai is attracting prudent property buyers in their droves. HomesGoFast.com (http://www.homesgofast.com), an independent UK-based property service with world-wide listings, is witnessing a significant upturn in the Dubai property market.
Jane Marr, sales director of HomesGoFast.com, comments: ?Since the announcement on March 12 that non United Arab Emirates nationals may be given the right to own freehold properties in some parts of Dubai, massive interest has been stirred in overseas property investors. While demand is surging, real estate is in short supply, meaning considerable profits can be made in the near future.?
While, over the last few years, most of the buyers approaching HomesGoFast.com about Dubai were seasoned investors, the company is now seeing an increase in private individuals relocating to the area ? usually for work purposes, although some may be attracted by the lifestyle or seeking a second home.
Jane explains: ?I speak to people who are considering buying in Dubai daily. It?s clear that the type of buyer is now changing. In 2005, 80% of our buyers were investors - this year it is a 50/50 investor/private blend. People are looking to move to Dubai with their companies. Many are renting out their homes in the UK and are buying an apartment in Dubai, rather than leasing one, which they?ve found to be a costly option. At present, it makes good financial sense to buy a Dubai property as an investment. Enquiries from serious buyers (those stating they wish to buy in the next three months) are up by 65%.?
HomesGoFast.com is working with some of Dubai?s largest developers such as Damac Properties, Middle East Development and Rufi Real Estate, and has some outstanding properties for sale, costing from ᣈ,500 for a one bed apartment to ,000.00 for a luxury home.
To attract the right buyers and sellers, HomesGoFast.com carries out constant search engine optimisation and currently has first page ranking on Google for ?dubai homes?, ?dubai property?, ?dubai investment property? and many other key search terms, which makes the service particularly attractive to sellers.
Removing many of the complexities involved with real estate, HomesGoFast.com puts buyers in contact with sellers at a low fixed cost. Private sellers benefit from wide online exposure on HomesGoFast.com and its partner sites. Meanwhile, agents and developers are offered several ways to pay for the listing service - such as monthly subscriptions, pay per quality lead and commission only models.
HomesGoFast.com also offers a free, bespoke property finding service for serious buyers. As the company works directly with developers, buyers are never charged commission. As well as selling properties in Dubai, HomesGoFast.com features thousands of overseas properties from a wide range of countries ? including some that are off the beaten track.
- Ends -
Notes for editors HomesGoFast.com is a trading name of Marr International Ltd ? a London-based virtual company established in 2003. Homesgofast.com advertises property from all over the world via a network of websites.
For further information please contact:
Nicholas Marr, HomesGoFast.com
Tel: 0800 0430096
Email: nick@marrint.com
Site: www.homesgofast.com
Published by Press Dispensary
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