| |
| |
 |
Property Search |
|
| |
| |
|
|
| |
| |
| |
Newsletter Signup |
|
| |
| |
| |
| |
| |
| |
Dubai Interactive Map |
|
| |
| |
| |
 |
| |
|
|
|
|
About New England International Real Estate |
|
|
|
|
|
New England International Real Estate was originally established in England in 1998 with a view to helping our British and Middle Eastern based clients obtain good, solid investment properties, generating decent yields whilst remaining as tax efficient as possible. Prudence and circumstances dictated that is was time to establish a Dubai based office which was started early in 2007. |
|
|
|
About Dubai |
|
|
|
For both the region as a whole and the world in general, Dubai is rapidly establishing its place in the world as one of the cities of the future. Rather like Formula 1 motor racing is deserting its old haunts is search of pastures new, Dubai has grown in just three decades from a humble trading post to the leading commercial city in the Middle East and the region as a whole; in fact a city that is now setting standards the world over. Just in the last decade Dubai has expanded amazingly in trade, construction, media and internet related industries, manufacturing and tourism.
The city has exploded on to the world’s business stage with the conception and fruition of enterprising free trade zones and regional business parks like Dubai Media City, Dubai Internet City and Dubai International Finance Centre, making it one of the economic, political and business powerhouses for our children’s future in the world.
The Emirate of Dubai in the U.A.E. is one of the great success stories internationally in the process of economic development. Traditionally the trading hub of the Region, Dubai is now extending its success into tourism and knowledge based industries. Testament to Dubai's arrival on the international stage is hosting of the prestigious IMF/World Bank meetings in September 2003.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, his vision is to provide the best the world has to offer. In the pursuit of excellence the Government has always looked upon the private sector as full partners. With no personal corporate or sales taxes, foreign direct investment has expanded strongly and mega projects have become synonymous with Dubai's development. Within the residential property sector it has been Emaar's master-planned communities that have been a major contributor to Dubai's economic development.
Dubai's strategic location is also a key element in its success. The heart of one of the worlds richest regions, Dubai is located midway between the Far East and Europe. Over 120 shipping lines and 100 airlines connect to more than 140 global destinations. The award winning Emirates airlines is ever expanding into new destinations.
Multi-national companies increasingly see Dubai as the obvious choice for establishing operations in the Region. Proximity to the Indian subcontinent not only gives access to a market of over 1 billion people but the ability to benefit from an increasingly talented and competitive labor supply.
The pursuit of excellence has resulted in producing one of the best infrastructure facilities in the world. State of the art telecommunications, reliable power, modern schools and healthcare are all attracting an increasingly multi-cultural and highly trained workforce. The Government projects a doubling of population by the year 2010. Luxurious living, the finest cuisine and world class shopping are now the hallmarks of Dubai enjoyed by residents and visitors alike. |
|
|
|
Destination Dubai |
|
|
|
 Today Dubai boasts hundreds of hotels with dozens more under construction and on the drawing board. As is the Dubai way, the largest hotel in the world, called ‘Asia, Asia, Asia’ will open on a ten kilometre road constructed purely of hotels in Dubailand known as Bawadi will open within the next few years. Dubai is already home to the world first seven star hotel in the shape of the Burj Al Arab. There are dozens of shopping malls designed to provide an every growing population of residents and tourists alike with a multitude of retail choices; it is anticipated that a tourist population of around seven million will double by 2015.
In 2004 for the first time, the tourism industry accounted for eighteen per cent of the city’s GDP, which was greater than oil and gas revenues. Dubai offers one of the most highly rated and fastest growing global airlines in the world. The capacity of the airport has been rapidly expanded to accommodate with a new airport growing out of the desert near Jebel Ali that will be bigger than London’s Heathrow and Chicago’s O’Hare combined. New terminals are being constructed to accommodate the large fleet of Airbus A380’s that Emirates Airlines has purchased.
|
|
|
|
Booming Dubai |
|
|
|
The UAE population has grown more than seven fold since 1975 to over four million people; this growth rate is one of the highest in the world with a practically incomprehensible but harmonious population made up of around eighty per cent of the population being expatriates.
The UAE consists of seven different Emirates including Dubai; whilst Abu Dhabi is hot on its heels Dubai is the most rapidly expanding Emirates and whilst its population in 2001 was almost one million, it is now in the process of exceeding two million today. At current population growth rates it is expected to exceed four million by 2010.
But whilst Dubai’s growth over the past ten years has been nothing less than impressive the pace of growth is actually increasing. Since 1993, Dubai's urbanized land mass has grown sixty three per cent with the Municipality estimating that Dubai will be nearly two and half times it current size by 2015. This is made achievable and affordable by the fact the UAE has ten per cent of the global oil reserves and the fifth largest reserves of natural gas in the world, both at record prices. Indeed the only city comparable in grown to Dubai is Shanghai in China. |
|
|
|
Ultimate Beach Resort |
|
|
|
| As if oil and gas reserves were blessing enough Dubai is perfectly located to be regarded as a country with 365 days of sunshine a year; indeed Dubai is fast becoming renowned as a prime holiday destination the world over. With the beautiful pale turquoise waters of the Gulf that extend along beaches of pure soft white sand, you will see why Dubai is a fantastic place to live and play. But as a further added bonus, Fujairah and the Indian Ocean lie a mere sixty or so miles away to the east, just near the Omani border. From sunbathing and swimming to cruising, yachting, paragliding, windsurfing, deep sea fishing, speedboat racing and scuba diving, Dubai offers a enviable list of beach holiday options. Add to that the astonishing and ambitious Dubailand growing in the desert and it is clear to see why tourists, business people and investors alike are flocking to the country. |
|
|
|
Sport for all |
|
|
|
For professional sports fanatics, Dubai is a hive of activity. From the many top class golf courses to the sand boarding and dune bashing of the desert, you will never be short of things to do. Many world class events from a multitude are now held in Dubai including:-
• The Dubai Desert Classic Golf Tournament
• Dubai World Cup Horse Racing; the world richest horse race
• UAE Desert Challenge Rally
• Formula 1 Powerboat Racing
• Dubai Marathon
• Dubai Rugby Sevens |
|
|
|
Shoppers' Paradise |
|
|
|
| Dubai is also a shoppers' paradise. With over 47 shopping malls and construction under way for the world's largest shopping mall called Dubai Mall, Dubai oozes wealth and superiority. From tax-free designer labels and all well known high street brands to the fascinating gold, textile and spice souqs, Dubai caters for everything imaginable. The world-renowned, month-long Dubai Shopping Festival is held once a year, offering shoppers amazing discounts on most goods. |
|
|
|
Family Friendly |
|
|
|
Over eighty per cent of Dubai's population is expatriates, with over one hundred and fifty nationalities and a plethora of languages and religions working and living harmoniously together in a safe, almost entirely crime-free environment. Dubai attracts highly skilled knowledge workers for the country's growing number of international companies, professional services firms and financial institutions. Education standards are high, with almost twenty per cent of the population having a university degree of higher qualification, for many managerial positions a degree is legally mandatory. The literacy rate is also high with even the humblest of dhow sailors able to communicate in a number of languages.
The expatriate population enjoy tax-free salaries, schools accredited to international standards, first class health care and excellent recreational facilities. In a recent report by Jones Lang Lasalle comparing cities across the world, Dubai was selected as one of the top three on the basis of office construction, office absorption, office rents, employment and population growth, and with an extremely low crime rate, is a wonderful place to raise a family. |
|
|
|
Easy Access |
|
|
|
| Dubai is only five to seven hours away from most European destinations or east to Singapore and beyond. There are over ninety flights a week to different destinations within the UK on Emirates airline alone. In addition to this, it is a central hub for worldwide travel and opens you up to numerous destinations which previously may only have been a dream. Emirates Airlines serve more than one hundred destinations across the world including Europe, the Middle East, the Far East, Africa, Asia and Australia and now both North and South America. |
|
|
|
Finance Centre |
|
|
|
| Finally, most of the capital for this fantastic expansion has come from within the Middle East and Dubai intends to establish itself as the leading capital market for the region. The Dubai International Finance Centre is now taking shape, with a city of skyscrapers twice the size of London's Canary Wharf. Over the next five years it will employ thirty thousand investment professionals with a further sixty thousand staff in administrative, leisure and support services. It already has the world's investment banks knocking on its door and moving in to take advantage of all that Dubai now has to offer. |
|