Best World Cup Result For An Arab Nation Condo Hotels Offer Means to Invest in Dubai, World’s Fastest Growing City

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Condo Hotels Offer Means to Invest in Dubai, World’s Fastest Growing City

Have you ever thought, “What if I bought a piece of land in Orlando before Disney?” Or how about, “I wish I owned a piece of The Strip in Las Vegas?” Just imagine where you would be today if you could predict the future of these exciting cities.

So don’t give up now. It’s not too late for all real estate investment opportunities. The trick is just to find another Orlando or Las Vegas and invest now.

DUBAI, THE SHINING STAR OF THE MIDDLE EAST

So where is the best opportunity today? It is a little-known city that is fast becoming the shining star of the Middle East – Dubai.

Dubai is one of the seven United Arab Emirates and is known as the fastest growing city on the planet. In fact, it has all the makings of a successful blockbuster of epic proportions. Here are some of the accomplished achievements and projects that help put this city on the map:

· Burj Al-Arab – The only seven-star hotel in the world

· Burj Dubai – The tallest tower in the world

· Mall of Arabia – The largest shopping center in the world

· Palms Jebel Ali – The two largest man-made islands with resorts

and entertainment venues, just off the coast of Dubai

· Dubailand – a collection of six ultra-modern theme parks comprising 45 mega projects and 200 entertainment projects under construction, aiming to create a tourist destination nearly three times the size of the entire Walt Disney World Resort in Orlando.

· Jebel Ali Port – The largest man-made port in the world

· Sky-walk – The longest footbridge in the world

· World class sporting events – Dubai World Cup (world’s richest race), Dubai Desert Classic (golf) and Dubai Rugby Sevens

· Dubai International Financial Center (DIFC) – a proposed financial center for the entire Middle East

· Dubai Airports – Expansion underway to handle 45 million passengers per year by 2018.

· Tax incentives – 100% tax-exempt business environment

WHAT DOES IT BRING TO YOU?

You can participate in the growth of Dubai. Consider investing in one of its five-star condo hotels. Pre-construction opportunities to purchase residential hotel units in Dubai are now available. And Americans, Europeans and Asians are all jumping at the chance.

You are essentially buying a luxury hotel suite (studio, 1, 2 or 3 bedroom) and as the owner you will share in all the income that the hotel unit generates.

How much income? In fact, some developers in Dubai offer a guaranteed minimum annual return of 8% or 60% of the sales your unit generates, whichever is greater, for the first three years. After the third year, you are still entitled to 60% of the returns, but there is no guarantee.

Will 60% of revenue be significant? Of course, no one can predict the future. But consider these facts. Dubai has the highest hotel occupancy rate in the world! In 2005, it was 86% and is constantly increasing. It also has the highest revenue per hotel room in the world, beating world cities such as New York and Paris.

CONDO OWNED HOTEL

As a condo owner, you can keep your condo hotel for as long as you want. Use it as a holiday home if needed to get away from it all. When you no longer want it in your real estate portfolio, you can sell it, probably at a much appreciated price, and keep 100% of the profit.

Is it a good time to buy in Dubai? After all, this country is not an established vacation destination like Las Vegas or Florida. But actually, that’s exactly the reason to buy it right now.

The Dubai real estate sector is only a few years old. Getting in on the ground floor of a new real estate market has its advantages. Remember, these are premium properties in a new country with unimaginable potential. Prices at these five-star apartment hotels are extremely reasonable, leaving plenty of room for potential appreciation.

Compare, for example, Trump International in Ft. Lauderdale, Florida, where a 612 sq. ft. apartment hotel studio would cost you over $800,000 today, or the Cosmopolitan in Las Vegas, where a 600 sq. ft. studio will run you $750,000+.

Comparable studios in Dubai condo hotels start under $150,000. In fact, at these prices, you can easily buy a three-bedroom unit in Dubai with enough left over to buy a new his-and-hers Mercedes and a pair of matching camels!

WHY IS DUBAI SO POPULAR?

Dubai is located on the southeast coast of the Persian Gulf, strategically located at the crossroads of Europe, Africa, the Middle East and Asia. This makes it a gateway to more than 1.5 billion consumers.

Due to its central location, Dubai is fast becoming the region’s leading tourist destination. Over the past decade, the number of visitors to Dubai has grown from 1.08 million to 5.4 million, a year-on-year increase of 16%. This growth rate is more than three times the growth rate of world tourism over the same period. In fact, there has been a 54% increase in the number of tourists visiting Dubai in the last five years alone.

With a forecast of 200,000 visitors per day, Dubai is projected to attract and accommodate 15 million visitors per year from 2010. All this is a good sign for apartment owners.

BE A PART OF DUBAI’S GROWTH

What fueled Dubai’s sudden growth? In May 2002, in an effort to reduce Dubai’s economic dependence on oil, Sheikh Mohammed bin Rashid al-Maktoum issued a decree allowing foreigners to buy and sell real estate for the first time.

The race was on. Investors from all over the world have jumped in with both feet, recognizing the potential of Dubai with its stable economy, secure political scene, zero wealth and income tax and unrivaled standard of living.

Result? Today, Dubai is number one in emerging markets. An estimated $80 billion in real estate projects are now underway in Dubai, including the five-star apartment hotels mentioned here.

So if you’re still kicking yourself for not buying some of those Florida orange groves and cow pastures that eventually became Disney, or investing in that desert business that became Las Vegas, here’s another chance to make a splash in the sand – Dubai!

To learn more about ownership options in Dubai Condo Hotels, visit http://www.CondoHotelsDubai.com

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