Rabu, 31 Agustus 2011

Dubai Property - A - Z

By Billy Edward


Dubai is a city built on free trade, visibility to foreign investment and good business training. This is nothing new. In 1901 Sheikh Maktoum bin Hasher Al Maktoum founded Dubai as a free port, abolished just about all charges and started a program to influence retailers from the Iranian city of Lingah to relocate to the Dubai Creek. A natural harbour the Creek was critical to the early development of Dubai. However even by the Second World War Dubai was still a small town with a population of around 20,000. Dubai's real economic development started in the 1950s when the late Sheikh Rashid bin Saeed Al Maktoum dredged the Dubai Creek, significantly expanding its capability and quickly repaying a loan from the Emir of Kuwait. Sheikh Rashid also founded the Dubai airport and established the very first hotel in Dubai in 1959. This is a thumbnail 'who's who' and 'what's what' in the fast-paced World of the Dubai property sector.

A: Amlak Finance, leading mortgage service provider.

B: Better Homes, along with Asteco, the top regional estate agents.

C: Cluttons joins FPD Savills as major UK agencies in Dubai.

D: Damac Properties, largest privately-owned developer.

E: Emaar Properties, key property developer, 30% owned by Dubai Government, listed on Dubai Financial Market.

F: Fbi Property Development Company, a Dubai property development company.

G: Goldcrest, building towers in the Jumeirah Islands.

H: Hotels & Resorts IFA is a major investor in Palm Island real estate.

I: International City, thousands of apartments in a designed complex behind Dubai International Airport. J: Jumeirah Beach Residence, advancement of more than 40 towers on the Dubai Marina beachfront, 100% Dubai Government owned.

K: Kinnarps of Sweden, leading office fit-out specialists.

L: Landmark Properties, another local agent.

M: General Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Dubai real estate sector's visionary leader.

N: Nakheel, 100% Dubai Government-owned, developer of the Palm Islands and The World.

O: Oryx, one of a new breed of Dubai property agencies.

P: The Palm Islands, one off Jumeirah and the second off the coast at Jebel Ali, massive man-made islands the same shape as palm trees.

Q: Quick construction, fast-track building with minimal preparation setbacks and no red-tape.

R: Rakbank, along with HSBC and Mashreqbank, providers of mortgage finance.

S: Springs, 4,000 town houses behind the exclusive Emirates Hills and Meadows executive homes.

T: Tamweel, home finance business, a joint venture between Nakheel and Dubai Islamic Bank, both Dubai Government entities.

U: Union Properties, the second largest listed Dubai property company, Emirates Bank International has a controlling stake.

V: V-Kool, a Dubai firm supplying sun-reflecting window film that dramatically cuts energy bills.

W. The World, a man-made archipelago of islands in the form of a map of the globe, off the Dubai coast.

X: Extremely good value-for-money property.

Y: Yachts in the Dubai Marina, a 1.8km long artificial harbour, central focus of a development of 100+ high rise towers.

Z: His Highness Sheikh Zayed Bin Sultan Al Nahyan






About the Author:



0 komentar:

Posting Komentar

 
 
Copyright © Helium Share
Blogger Theme by Blogger Designed and Optimized by Tipseo