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Dubai Real Estate Markets - Investing In Palm Jumeirah Property

Sophia K
 


Visitors: 203

Talking about Palm Jumeirah, it is one of the smallest island of the three Palm Islands, namely Palm Jumeirah, Palm Deira and Palm Jebel Ali. The beauty of this property is that it is a unique man-made island situated on the Jumeirah coastal area of the emirate of Dubai. As evident from the name itself, it is designed in the shape of a date palm tree. It contains a surrounding Crescent Island and also a crown with 17 fronds.

Relaxing atmosphere and wide array of choices

Investing in Palm Jumeirah is recommended because not only it offers you a relaxing atmosphere in terms of living but also you have wide array of choices. For example, you can opt for three kinds of villas here namely, Signature Villas, Canal Cove Town Homes and Garden Homes. What's more, you can also enjoy the sunshine of Dubai here with plenty of beaches situated in the close vicinity of Palm Jumeirah. If you are one of those who like shopping then don't worry because there are lots of shopping centers and retail outlets for you.

Freehold basis

The sale of Palm Jumeirah properties are done on freehold basis, which means that nationals and expats have the right to sell, rent or lease their property at their own discretion. There is no risk involved in investing in Palm Jumeirah. In addition, you don't need to pay any sort of taxes when buying property here.

Properties available for sale

Real estate investors and their family members can get renewable Dubai residence visas at the cost of Dhs. 5,000 per individual. Palm Terrace, Atlantis and The Palm are few of the properties available for sale on the Palm Jumeirah . Constructed by Nakheel Properties, it is built after taking the assistance of world famous Dutch dredging and marine contractor Van Oord.

Conclusion

If you are one of those real estate investor whose main intention is to get good return from your investment in the long-term then Palm Jumeirah is tailor made for you. Living here is all about comfort so if you want some relief from the stress of your work, you can freshen up your mind here.

Read more about Dubai real Estate Properties @ http://www.aboutdubai.org

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