Thursday 8 May 2008

Dubai: Still the next big thing?

If Dubai is mentioned, pictures of skyscrapers, high-performance industry, new-found celebrity culture, "Media City", and benefit from excellent rental returns to think. Dubai has become the most famous of the United Arab Emirates (UAE) and has achieved international recognition for his real estate development by firmly on the map. The second largest emirate after Abu Dhabi, Dubai was well located geographically - between Europe and Asia - for business travellers and property development, and the mere 7-8 hours flying time from the United Kingdom, and without capital gains or income tax, only enhanced his appeal.

This initial development of this time, especially Arab Emirate, now home to a rapidly growing population of which 80% from overseas, has led to a shortage of rental properties and therefore a large number of people are moving large profits from the real estate market. Now however, there is evidence that this is probably best known emirate into a new era, as is documented in Real Estate TV's' Next Big Thing Dubai "program displays on 11 May on Sky channels 273 and 274 and on demand Virgin TV and www.realestatetv.tv.

The program allows viewers to discover why Dubai can still be as "Next Big Thing ', even after their enormous development in recent years and is a glimpse into the future for this powerful emirate." Dubai Next Big Thing "deals with the impact of new transport links, in the development, as the new subway system due for completion in 2012 and developed new ways, and the effect of new industry, has been moved, Dubai, the economy now stands at approximately 94 % Non-oil related.

Dubai plans remain ambitious, and in view of the future, impressive developments are planned or already taking place in the increasingly prevailing drive to attract tourism. In addition to this recent legal changes have made it easier for foreign real estate investors, giving them a better protection in an uncertain world. Dubai's continuous development has been before the game in terms of growth and development, and it is this could see that in the direction of an even better future. As Jo Sinnott, presenter of "Next Big Thing Dubai," concludes "Dubai is growing even faster than before, and for property investors, could return to the" Next Big Thing ".

Tune on Sunday 11th May at 10pm to Real Estate TV on Sky channels 273 and 274 and on demand on Virgin TV and in realestatetv.tv to watch 'The Next Big Thing Dubai. "

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