subject: Dubai Property Market Is It The Right Time To Invest In Dubai Property For Rent Or Sale [print this page] Regarding Dubai property market the words that appeal the interest of anyone are Low prices and all-time low rates. At present, Dubai property market is one of those property markets that are just welcoming buyers and investors. The prospects of Dubai Property for rent or for sale never had it as good in Dubai as they rush to make the most out of low rentals and lowering prices for Dubai property. The main reason for declining prices of Dubai property market is easy to understand. This is the simple rule of surplus supply of properties and it is estimated that till the mid of the year it will reach around 100000 units of surplus supply for flats, houses, villas and other entities of Dubai property for rent, lease and for sale. This situation seems to be prolonged and those who are interested in investing or even looking for a perfect place in Dubai as property for rent, the present time is ideal and in fact a win-win situation.
Practically the Dubai land department has reported that there has been a drop of almost 18 % in buying and selling of Dubai Properties as compared to the same time last year. Level of Dubai property for rent has come down in areas that are not up market. As compared to the earlier rates an International City Apartment can be had for a 12% drop.
Dubai Properties welcoming a living in the city of Superlatives
People who are moving towards Dubai property market for their jobs or just for the sake of the investments are actually drawn by the sense of value of better lifestyle at lower prices. Dubai is well-known for its splendid nightlife, extravagant malls, fabulous infrastructures and tourists hotspots. Dubai is the city of superlatives. There are varieties of homes and offices in locations that vary from the exclusive to the cheap. Bright lights, glamour, luxuries and Tall imposing mega structures are more than enough to attract any one to become the part of this swinging cosmopolitan whirl at the depths of lowest prices. The downswings of Dubai property for rent or for sale have not affected the quality of life in Dubai at all.
Dubai property market, especially commercial units are also inching below previous prices as landlords are looking for ways to make the deals that seem to add more value for money. Practically most of the landlords are now offering incentives such as long term leases, increased cheque options and even a rent free period to increase the customer inflows. So this is the great time for customers and potential investors to negotiate for Dubai properties just according to their own terms and choice. Prices for Dubai property for rent are flexible and markets are diverted towards the buyers and lessees. In reality it makes ample of business sense to utilize a substitute options as influence in order to negotiate a healthier deal for oneself maybe at a good location.
