Not long ago, the real estate in Dubai, were only engaged in a comfortable, low-key existence of rent collecting and minimal activities in real estate investment opportunities.
Sheikh Mohammed bin Rashid Al Maktoum official decree in May 2002 allowing foreigners to buy property on freehold ownership, has sparked the real estate in UAE. The idyllic condition of real estate ended with the rising demands to improve financial performance and to create additional value, as well as tenants' desire for better customer service. The growing local and regional property market has put more pressure on developers as well as property management companies for innovative architectural design and improved real estate services.
Today, Dubai Real Estate has become one of the most dynamic markets in the whole world. A great climate, coupled with a low crime rate, tax-free, world-class leisure facilities and political stability makes buying Dubai Property an attractive investment option from all over the world.