Buying propety in Dubai
Hello,
As I see there are many people on this forum interested in coming to dubai seeking a future over here. Just to bried everyone about Dubai, it is a very safe place to reside. Rumours might be many, but I live in dubai and have never faced any problems here. The government here is also very supportive and are welcoming all expats.
In 2001, the dubai government announced freehold property and 99years ownership on property for everyone. Since then dubai has seen major growth in terms of Jobs availabiltiy, as many multinational companies are shifting their headquarters in dubai. Recent example: Halliburton. The Infrastructure of dubai is also getting a major lift with the introduction of the metro railway system by 2010-2011
Property market has also seen a boom in dubai as people now prefer to own a home in dubai rather than keep paying rent. Recently major banks have also come to dubai or shown interest in coming to dubai to finance home buying etc.
If anyone needs any more info on dubai or any other emirates of UAE do let me know. I would be more than happy to help.
Regards,
Sher
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