Tag Archives: JBR

Top 10 insights on why it is important to buy a home in Dubai?

By Anitha Lakshminarayanan

Why should you buy a home in Dubai, and before I begin to elucidate the top insights about the market, it reminds me of a small story, Last week my friend Sheba and I were sitting on my balcony and chatting. Sheba was winding up and going back to India and she felt that she could’ve bought a home here that could give her rental returns even if she got back to her heritage, and wanted to live there. Sheba’s story stimulated me too and I was wondering whether to buy a home in Dubai and here a few facts to ponder over:

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It’s a buyer’s market

  • Although it’s a buyer’s market right now, the rental market is very competitive. In spite of the fact that it is saturated with supply and new projects to be handed over. The current regulations help in controlling the supply further.
  • Most of the realtors feel that it is encouraging to see heavy transactions in Q4 2017 and that is a good sign so far.
  • For that matter, any property investment is long term and if you wait for a long-term, you are definitely going to yield returns and the best returns are in Dubai Silicon Oasis, Dubai International City, Dubai Sports City, Dubai Investment Park and Al Furjan

Renter’s market

  • Since it’s a renters market, it is also ideal to invest in prime locations now such as Jumeirah Lake Towers, Dubai Marina, and Jumeirah Beach Residence

 Dubai land prices up by 2.7 %

  • The prices are reasonable, especially in Dubai land where the apartment prices are actually up by 2.7 % from a year ago, In addition to Dubailand, Dubai Sports city continues to do well too as several projects are getting completed there.

So Dubai market is all about yield and capital returns whereas in other markets, Hong Kong, London, New York, it’s all about capital appreciation. If you look at net yields in Dubai, you can get 5-10%, implying a payback period of 10-20 years.

If you would like to place banner ads on this blog, PR copywriting for your real estate business or blog posts and articles and copywriting help such as direct mail, Radio Ads, then please contact Anitha Lakshminarayanan a freelance journalist cum writer at 050-1845628 or 050-4627856

 

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Empower highlights the latest district cooling systems to Sheikh Hamdan Bin Rashid Al Maktoum during his visit at WETEX  

 

The District cooling capacity to reach 1.340 million RT by the end of 2017Image (11)

Dubai, UAE, October 23, 2017

His Highness Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and the Minister of Finance and President of DEWA, visited the stand of Empower, the world’s largest district cooling services provider, and was briefed on the success and achievements of the company and its latest district cooling technologies at this year’s edition of the Water, Energy, Technology, and Environment Exhibition (WETEX), which is running until the 25th of October 2017 at the Dubai International Convention and Exhibition Centre (DICEC). His Highness was accompanied with HH Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority who were met by Ahmad Bin Shafar, CEO of Empower, who gave a brief presentation on the company’s latest projects and initiatives.

During their visit to the Empower stand, the visitors learned more about the company’s latest range of district cooling solutions and its commitment towards increasing awareness on the importance of utilizing energy-efficient, environmentally-friendly cooling products and services. Company representatives present at the stand provided briefings and presentations about the strategic role played by the district cooling facilities in the unified efforts to conserve energy, protect and preserve the environment and help drive in reduction of carbon emissions as compared to conventional cooling systems. The company paid particular focus on the recent achievements made by its third Business Bay cooling plant, which achieved LEED Gold Certification from the US Green Building Council. The certification demonstrates the company’s continuing commitment towards adopting the most stringent sustainability policy implemented in the cooling services industry today.

Ahmad Bin Shafar, CEO, Empower, said “We are truly humbled with the enormous response from the participants and visitors toured Empower stand at WETEX 2017. The positive responses have inspired us to further our efforts in achieving sustainability, protecting the environment and serving as an example for other companies and organizations to follow. Our presence at the show has allowed us to showcase our latest achievements–including our highly advanced cooling plants in Business Bay, which has garnered wide attention and response from WETEX visitors and participants.”

Empower’s participation at WETEX and WGES reflects its continuing commitment towards providing world-class district cooling services to Dubai. Both the events serve as a platform to throw the spotlight on Empower’s newest range of cooling services while also providing key insight on the region’s rapidly thriving district cooling segment. In addition, Empower also had the opportunity to outline innovative and eco-friendly solutions that can help in the ongoing efforts to preserve natural resources and protect the environment.

“Being the world’s largest district cooling services provider, we promise to stay the number one company in the industry and will always maintain our position. Empower places key importance in participating in international events like WETEX and WGES as it not only gives us the opportunity to consolidate our regional presence but also allows us to share our industry insights and interact with local and international companies–giving way to potential opportunities and the development of new solutions in energy efficiency and water conservation,” concluded Bin Shafar.

Empower provides environmentally responsible district cooling services to large-scale real estate developments such as Jumeirah Group, Business Bay, Jumeirah Beach Residence, Dubai International Financial Centre, Palm Jumeirah, Jumeirah Lake Towers, Ibn Battuta Mall, Discovery Gardens, Dubai Healthcare City, Dubai World trade Centre Residences, Dubai Design District, among others.