Real Estate Consultants Notice Favorable Change in Dubai Real Estate and Property Market

, Dubai United Arab Emirates (PressExposure) December 08, 2008 -- If there is one thing that Dubai is wary of then it is negative trends- be it in finance or in the indigenous culture. Fortuitously though, the recently introduced Dubai property real estate laws are proving to be enormously helpful in dispelling these fears.

Most Dubai real estate consultants commend the new real estate laws as perfect for instilling investor confidence. An innovative move, investors seeking to buy properties in Dubai view these laws as beneficial as they allow them to accept residency visas from developers at the point of sale itself.

The MEREC Research Team is part of this growing consensus. They state, “Nobody approaches a real estate company in the U.A.E. without thinking twice about the paperwork and the legalities involved. With the introduction of these laws, our real estate company in Dubai along with a host of others hopes to see more individuals going in for a Dubai property investment without any fears.”

Nonetheless, this is just the beginning of the wave of change being unleashed into the U.A.E. property market. One of the laws states that upon approval from the ruler, expats and foreign investors too can enjoy the right to own Dubai freehold properties in select parts of the Emirate.

A property court to solve real estate problems and a database of official real estate transactions with the Land Department are additional steps that will add value to the U.A.E. property market in Dubai. All these measures render future Dubai real estate investments with an unusual amount of transparency, much to the assurance of the investor.

About MEREC Dubai: A Dubai real estate company that offers vital as well as ancillary services concerning Dubai and U.A.E. real estate, MEREC Dubai is an established industry expert. They are primarily real estate consultants and offer assistance with property purchase and sale, mortgage and construction finance along with consultations in project development. The MEREC Research Team periodically analyzes the Dubai property investment market for a better understanding of market needs.

If you wish to know more about the U.A.E. property market and Dubai real estate investment, you can visit MEREC Dubai online at [] or contact them at their office in Dubai at +971 4 3297211.

About Middle East Real Estate Consultants (MEREC)

Contact Us:
Middle East Real Estate Consultants (MEREC)
Office 2102, Grosvenor House Tower, SZR
P.O. Box: 58564,
Dubai, U.A.E.
Tel.: +971 4 3297211
Fax: +971 4 3297212
Website: []

Press Release Source:

Press Release Submitted On: December 04, 2008 at 5:54 am
This article has been viewed 1595 time(s).