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Crescent - Dubai, Dubai
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Special Promotion - 10% Deposit
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Development:
Location: Status: Number of Plots: Completion: Discount: Price Range: Exchange Deposit: Reservation Fee: Crescent - Dubai
Dubai Available 56 End 2007 - From 474,000 - 1,351,000 AED - 10% Features:
* Air Conditioning * Double Glazing * Quality Kitchen * 24/7 Security * Underground Parking * Swimming Pool * Tennis Courts * Health Club |
Development Summary
Local Area
The Crescent will be located off Emirates Road inside IMPZ's residential sector. The IMPZ is the first dedicated trade zone created in the region for media-related production activities, creating an eco-friendly environment and infrastructure that supports all sectors of the media and entertainment production industry especially publishing, printing, broadcast, film and music. It is on the doorstep of Dubailand. Dubailand is a huge development located towards the desert. It consists of 6 themed worlds & comprising over 200 individual projects it will soon become the biggest, most varied leisure, entertainment & tourist attraction on the planet. Expected to reach critical mass by 2007-2008 Dubailand features state-of-the-art sporting facilities, theme parks, ecotourism resorts, museums, galleries & shopping & recreational facilities. Dubailand expects to employ 300,000 and attract 200,000 visitors a day!
Dubai Facts - A developing economy
To maintain this fast-paced developing infrastructure & economy Dubai must create a financial platform for itself.
It's a must because:
Dubai offers a world-class airline (Emirates Airlines), world-class tourism (over 30 five-star hotels and the world's first seven-star hotel, Burj Al Arab) and world-class sporting events: The Dubai World Cup (the world's richest horse race), the Dubai Desert Classic (golf) and the Dubai Rugby Sevens.
DUBAI Realty and the Economy
Dubailand is a huge development located towards the desert. It consists of 6 themed worlds & comprising over 200 individual projects it will soon become the biggest, most varied leisure, entertainment & tourist attraction on the planet. Expected to reach critical mass by 2007-2008 Dubailand features state-of-the-art sporting facilities, theme parks, ecotourism resorts, museums, galleries & shopping & recreational facilities. Dubailand expects to employ 300,000 and attract 200,000 visitors a day!
The Dubai International Financial District (DIFC) is a specially created financial hub for the whole of the Middle East . It has been set up to accelerate the repatriation of $1 trillion, which is currently invested & managed outside the region. Located between the London & Hong Kong stock exchanges it is a unique free zone with its own laws.
In recent years, Dubai has established Dubai Internet City and Dubai Media City , providing the regional hubs for IT (notably Microsoft and HP) and media businesses (Reuters and CNN). In September 2003, Dubai hosted the 2003 Annual Meetings of the Board of Governors of the World Bank Group and the International Monetary Fund.
The success of the Dubai economy is the result of dynamic and visionary leadership, an ultra-modern and efficient infrastructure, the absence of government bureaucracy, and a diversely skilled, well educated, multi-cultural and multi-lingual workforce. It has an abundant supply of housing for expatriate professionals, and excellent schools and centres of further education.
Voted the safest city in the world for four consecutive years by a study compiled by Interpol. Crime in Dubai is virtually non-existent.
Prime locations of Dubai will always be in demand and are likely to provide excellent investment opportunities in the long term. It is unlikely that these locations will see an oversupply when only so much can be developed in one area. There are 15 Free-Zones where developers can build freehold property available for purchase by non-nationals. In fact, within the next 5 years there is an estimated 40,000 unit shortfall, leaving an estimated figure of 150,000 new residents without the possibility of buying*. In addition, a buyer has the option to transfer his property purchase during his payment terms at low fees.
*Sher Consulting report, Gulf News June 17, 2004
All this has made Dubai one of the fastest growing cities in the world, and one of the world's most prominent centres for business and leisure. Expatriates can enjoy a quality lifestyle in a city that meets all their expectations. Dubai : a positive and liberal atmosphere, bursting with multi-cultural life, cutting edge recreational facilities and excellent business opportunities. Dubai is a tax-free haven under the year-round sun.
Dubai Facts - A developing economy
- Last year 4 million tourists visited Dubai .
- Planned 15 million tourists by 2010 per year.
- Plans to increase Airport capacity at Jebel-Ali to 60 million passengers a year.
- This will make it almost as busy as Heathrow Airport .
- Dubai houses over 3,000 multinational & regional corporations in its 15 free zones.
- Significant & growing proportion of Fortune 500 companies located in DIFC.
- Dubai is moving towards the direction of being the Hub for the whole of Middle East :
- Financial Hub – DIFC
- Business Hub – DIC; DMC; IMPZ
- Tourist Hub – Dubailand; Dubai World Cup; Desert Classic Golf Open
To maintain this fast-paced developing infrastructure & economy Dubai must create a financial platform for itself.
It's a must because:
- The current regional market doesn't have the capacity to support Dubai's economic growth plans & the flow of foreign capital.
- It will provide a link with other international Stock Markets – London ; Hong-Kong; New York
- DIFC's aim is to repatriate $1 trillion currently being spent outside the Middle East .
- Local companies need finance to compete internationally.
- This will create new employment & demand for housing
- 365 days sunshine a year
- World class sporting events
- Worlds only 7* Hotel (Burj Al Arab)
- Dubailand
- DIFC financial hub
- Regional base for multinational companies
- More than US$50 Billion to be invested by 2010
- World's Safest City
- Tax-Free Lifestyle
- Easy to Sell
Dubai offers a world-class airline (Emirates Airlines), world-class tourism (over 30 five-star hotels and the world's first seven-star hotel, Burj Al Arab) and world-class sporting events: The Dubai World Cup (the world's richest horse race), the Dubai Desert Classic (golf) and the Dubai Rugby Sevens.
DUBAI Realty and the Economy
Dubailand is a huge development located towards the desert. It consists of 6 themed worlds & comprising over 200 individual projects it will soon become the biggest, most varied leisure, entertainment & tourist attraction on the planet. Expected to reach critical mass by 2007-2008 Dubailand features state-of-the-art sporting facilities, theme parks, ecotourism resorts, museums, galleries & shopping & recreational facilities. Dubailand expects to employ 300,000 and attract 200,000 visitors a day!
The Dubai International Financial District (DIFC) is a specially created financial hub for the whole of the Middle East . It has been set up to accelerate the repatriation of $1 trillion, which is currently invested & managed outside the region. Located between the London & Hong Kong stock exchanges it is a unique free zone with its own laws.
In recent years, Dubai has established Dubai Internet City and Dubai Media City , providing the regional hubs for IT (notably Microsoft and HP) and media businesses (Reuters and CNN). In September 2003, Dubai hosted the 2003 Annual Meetings of the Board of Governors of the World Bank Group and the International Monetary Fund.
The success of the Dubai economy is the result of dynamic and visionary leadership, an ultra-modern and efficient infrastructure, the absence of government bureaucracy, and a diversely skilled, well educated, multi-cultural and multi-lingual workforce. It has an abundant supply of housing for expatriate professionals, and excellent schools and centres of further education.
Voted the safest city in the world for four consecutive years by a study compiled by Interpol. Crime in Dubai is virtually non-existent.
Prime locations of Dubai will always be in demand and are likely to provide excellent investment opportunities in the long term. It is unlikely that these locations will see an oversupply when only so much can be developed in one area. There are 15 Free-Zones where developers can build freehold property available for purchase by non-nationals. In fact, within the next 5 years there is an estimated 40,000 unit shortfall, leaving an estimated figure of 150,000 new residents without the possibility of buying*. In addition, a buyer has the option to transfer his property purchase during his payment terms at low fees.
*Sher Consulting report, Gulf News June 17, 2004
All this has made Dubai one of the fastest growing cities in the world, and one of the world's most prominent centres for business and leisure. Expatriates can enjoy a quality lifestyle in a city that meets all their expectations. Dubai : a positive and liberal atmosphere, bursting with multi-cultural life, cutting edge recreational facilities and excellent business opportunities. Dubai is a tax-free haven under the year-round sun.
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