The Journey of Dubai Real Estate

Often one comes across the fact that Dubai real estate has been witnessing a property boom in recent years. In this article, we are going to give you an overview of exactly how the real estate in Dubai evolved into its present state. The mounting prices and the turning over of properties have made many a pockets more affluent. At the same time, undulating rental costs have left the skeptics poorer with respect to real estate investments.

Back in 2005, an incident fed into the Dubai property boom. A rapid crash in the share market led the incoming of more cash into the realty market. The freehold upheaval during this time also proved to be good. Back then, the local markets were also evolving. This was in line with the trend in the macrocosmic framework formed by Dubai real estate itself. Gradually, investors started moving away from off-plan sales. The new investment interest was provided by the coming up of luxury villas. Dubai real estate had arrived.

Today, if one stands on the terrace of Montgomery Golf Club in Dubai, one can have a beautiful view of New Dubai and Dubai Marina. At the turn of the millennium, this was all a wasteland. Gradually, the real estate industry started taking interest in this patch of land and by the year 2005, the emergence of high-rise buildings started transforming its skyline for ever after. Soon, the market had this as a compact built-up area in the vicinity of Jumeirah Lake Towers and the famed Jumeirah Beach.

While narrating the story of Dubai real estate, one just cannot forget the world-renowned Burj Dubai. By this time, the construction work on the tower was in full swing with a speed of three floors per week. At last, with 170 storeys, Burj Dubai became the tallest building in the world and a prized possession. The real estate boom had just begun.

The contribution of HSBC mortgages in the development of has also been crucial. In October 2005, HSBC made an announcement that it would start providing local mortgages. Prior to this, Amlak Finance was the only mortgage provider operating in the Dubai property market. Other local banks gradually emerged as its rivals but the entering of international banking giant HSBC into the ring was a major leap. With flexible rates and a global outreach, HSBC changed the face of real estate in Dubai for the years to come.

But there were more challenges ahead. As the stock market started fluctuating again, the realty sector experienced the first wrinkles in its smooth sands so far. At the same time, it is a fact that the property bang has been taking everything in its stride and moving ahead even now.

Jasdeep Kaur works as a property correspondent with Real Estate Dubai

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Marketing for the Real Estate Investment Professional

As a real estate investment professional it is important for you to constantly be marketing yourself and as well as your business. You should continually be on the lookout for new deals and you should also be consistently looking for investors interested in funding your deals. By aiming to always keep your pipeline full of deals and financing options, you can help to insure that your business doesn't stagnate and consistently earns you money month after month.

Marketing for a real estate professional starts with gathering up as many contacts as you possibly can. The goal of your marketing is to build up lists of as many contacts as you possibly can. You want to network with rehabbers was well as investors. In addition, you are looking for a network of people who might know of motivated home sellers who you could work a deal with. In many areas of the U.S. you can find a local real estate investor's association where you can attend meetings and network with other real estate investors. Often at these meetings you can show other people what you have to offer them and find out what they have to offer you.

When you see signs up for people saying they purchase houses, give them a call, introduce yourself, and ask what kind of deals they are interested in. Simply let them know you exist and would be happy to work with them in situations which could be mutually beneficial.

Another option you always have as a real estate investor is running an ad in a local newspaper advertising wholesale real estate for rehabbers. Talk to the people who call you up and let them know who you are and ask them what they are looking for. By doing this consistently you can have a list of buyers for your properties before you ever find any to sell to them. This makes it much easier for you to make a good deal because you will have the confidence that you can easily re-sell the property.

By making an effort to be marketing yourself and your business at every possible opportunity you can ensure a full pipeline of deals and income.

Isn't it time you learned how to capitalize on one of the best markets for real estate investing that this country has ever seen? With the recent flood of foreclosures now is the time to learn to invest correctly in real estate from the hosts of the nation's leading show on real estate investing, Judson and Lynn Voss. Visit http://www.yourrealestatefortunes.com and learn for free, the no-hype truth about choosing the right real estate investing strategy to start making you money, today.

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