Expats Prefer Sharing Apartments in Dubai

The city of Dubai can be called as unique in many regards but the thing that makes it stand out among all the cities is that the expat population in Dubai is far more than its local population. According to the estimates 83% of its total resident population is from other parts of the world and the biggest community is from India. The Pakistanis come second and not far behind are the Bengalis and Sri Lankans. All these people come here to find jobs and that is why apartments for rent in Dubai are always in demand. The expat population is increasing day-by-day and the demand is also directly proportional to this influx of people.

One of the major issues that the expats in the city normally have is that they live without families here. Their families live in the home countries and the reason behind that is that the city is quite expensive and keeping the family along with them is an expensive thing to do. With families back home, they can earn enough for themselves and because of fewer expenses in the home countries that are normally the South Asian countries, the families can live with a respectable standard of life. On the other hand the person living in Dubai city gets more time for work as he does not have to look after the family and thus can earn more.

According to the experts at Bayut.com, the expatriates who live here in Dubai are better off sharing their apartments with friends or colleagues. The reason for that is quite simple. It is extremely difficult to manage the home without a partner while the colleagues normally have same issues and same interests, so they can develop a better understanding with each other. At the same time, by sharing rooms, they share the rent as well which can be quite expensive while living alone. The Dubai rent section is widely used by the users which shows the trend in the market as well.

Auction at DLD couldn’t get any bidders for Dubai Marina apartment

An apartment was sold in an auction at the Dubai Land Department (DLD) by the owner and the news have it that it was sold at quite a handsome price by the sellers. The auction took place on Wednesday.

The Downtown Dubai apartment, located in Reehan 1 was sold for AED 1.39 million and covers an area of 76.74 sq. m. AED 700,000 was set as the base price but the auction went high enough that the owner went home with heavy pockets.

In other auctions one signature villa was sold from The Palm Jumeirah Islands and it was worth AED 21.1 million while the agents quote the prices of villas of similar kind at around 25 million. One apartment was sold in Jumeirah Beach Residence at a price of AED 1.54 million while an apartment in Al Dhafrah, Tannyah, Third was sold for AED 1.12 million and this one covered an area of 101.7 square meters.

Unfortunately a 192.88 square meter apartment from Dubai Marina did not get any bidders. The apartment is located in The Zen tower and the base price was set to be AED 1.76 million but couldn’t attract the bidders’ attention. Sources told Bayut that the DLD is planning to hold the final auction of this year on the 26^th of December.

UAE – A Place that Offers Great Recreation

United Arab Emirates is the center of attention throughout the world and not just for its business activities but the tourists’ charms as well. Normally, when one who has never visited the UAE thinks of this country imagines only the mesmerizing structures that this country has. But it is not about the buildings and the structures and in fact it is about the people who live here and live here because of the love that they have for this country for everything that this country has given them. No doubt, any country is made by the people that it has and certainly one of the biggest advantages that this country has is that the people living in it are prosperous and happy.

This has been possible only because the country has vast resources that it lends out to the general public and they have made full out of it. The employees in the UAE make quite well an earning for themselves and even the expatriates who come here for the sake of jobs and earnings are very loyal to the country. The country gives them a lot to cheer about besides the excellent living conditions and one such example is of the festivals that the most famous city of the UAE i.e. Dubai holds throughout the year. Scores of festivals are held in the city including the celebrated Spring Shopping Festival that is held every year during the months of March and April.

Businessmen from all parts of the world come to the UAE for taking part in these festivals as shopping-lovers from all over the world come here and love doing shopping in this fantastic environment. The football and other sports events are also regularly held in the country and for the past few years, as the security conditions in the brotherly country of Pakistan are not up to the mark Pakistan has hosted several of its home Cricket series in the UAE. This has not only allowed Pakistan Cricket to grow and survive during these tough times at home but also has helped the UAE as well as such events definitely generate revenue for the country. All these attractions jell in together to make the UAE one of the most charming places on Earth and it certainly has charmed hundreds of thousands of people to its land over the years.

Dubai Marina Allures the Investors and Tourists

People love luxury and if that is true, they have to visit one of the most exciting places in the world that is Dubai. Dubai has certainly some of the best places in it that can fulfill the need for luxury and certainly Dubai Marina Apartments are an example of such magnificent structures that this place has. It is undoubtedly one of those places that simply can’t be overlooked because of the mesmerizing looks and extra-ordinary amenities that it offers to those who come here for living or for the sake of visiting this magical Dubai City. It can safely be said that there can hardly be a place on the planet that can match the quality of Dubai Marina.

Dubai Marina has been developed in a special structure where the sea has been artificially given a way to enter the society with an artificial bay and this makes the society a wonderful place to live in. The bridges and the lakes in Dubai Marina make the visitor to look at it with wide-open eyes as the spectacular beauty of the place can surprise anyone. The roads and the bridges have been carved in a way that all the buildings have marina view and this allows the property prices all over Dubai Marina to be stable and almost uniform. The towers that have been built in this city bring in more investors and businessmen as the businessmen love luxury living and Dubai Marina provides them exactly with that.

The hotels and restaurants in the society attract scores of people from all parts of the city because dining is absolutely fun here while the shopping malls and beaches allow the fun-lovers to have a great time in Dubai Marina. At the same time, there are commercial properties for the offices and studios which allure the business community to move to this place as residents as well because an excellent commercial property close to their home in a mesmerizing locality is something that anybody would dream of. No doubt, there are other fabulous property projects in Dubai real estate but Dubai Marina is surely the crown of this stunning city.