Dubai Expo 2020 could lead to economic bubble

A recent poll revealed that Dubai’s win in its bid for hosting the World Expo 2020 could generate another economic bubble in the UAE. Nearly 55% of the respondents of a survey shared their concern for Dubai’s economy post the Expo 2020. Only a quarter of them believed that Dubai’s economy was stable enough after the 2008 and 2009 crisis.

A set of respondents also believed that Dubai can increase its immunity by allowing simple procedures for starting a business. Respondents also believed that an increase in regulation of real estate and banks could make the UAE immune to a financial crisis. These results were obtained after a survey of more than 200 investment professionals was organized by the CFA Institute.

This news was published by the CFA Society Emirates even before the Bureau International des Expositions (BIE) announced that Dubai had won the bid. In spite of such a concern coming up, it was seen that approximately 95% of the respondents had supported Dubai’s vision for Expo 2020, while 97% of them had held a belief that the UAE will win the bid for Expo 2020 which eventually turned out to be true as well.

Just 4% of the respondents had been of the opinion that the Expo 2020 could burden the economy of the UAE and lead to another economic bubble such as the one seen in 2008 and 2009. Now that Dubai has won its bid for the Expo 2020, only time will tell if such a mass event will create an economic bubble in the UAE or no. Let’s wait and watch.  

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Dubai to introduce the smart passenger system for airports

Dubai airports are all set to get a tad smarter, thanks to an impending ‘smart passenger’ service to be installed in all of its airports. With this system, passengers will be spared the trouble of moving through hours of immigration queues and other formalities. According to the Directorate General of Residency and Foreigners Affairs, this system has been primarily built to save extra effort, time and money. The new scheme will come into effect approximately after 18 months.

Presently, the smart gates used in the airports complete the entire process of checking in and out in simply 20 seconds. However, the smart system that’s currently in progress eliminates those 20 seconds as well. The entry and exit processing will become as quick as ever with this new smart passenger system. In case immigrants get stuck at the airport for whatsoever reason, specific officers will be deployed to solve the problem quickly.

The main functionality of this system allows the passengers to comfortably enter or exit the area, while all their information gets registered in the airport servers. The multi-cameras and scanning system installed in the airport will check the person’s finger and iris prints along with all the other details. The person can pass through the airport without the need to stop at any counter. With this system, the checking in and out procedure will become a breeze for the passengers.

It seems like Dubai is all set to go phenomenal with its services in the airport, while it’s already on the verge of making the largest airport in the world.

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Anxiety over citizenship to foreigners spreads in Dubai

Is there something like love for the homeland? Do we really owe a part of our lives to the nations we live in? Such questions have now become a commonplace in the dream city of Dubai. The commotion started when Sultan Sooud al-Qassemi, one of the members of UAE's ruling parties, announced that the UAE citizenship ought to be given to foreigners residing in the UAE. This statement has sent shock waves throughout the country where many leaders believe that the foreigners may not be completely loyal to a country that’s not their birthplace. According to the aforesaid ruler, the foreigners are contributing immensely to the growth of the country by involving themselves in the development of education, tourism, technology healthcare and much more. Hence long term foreigners deserve to be given the citizenship of the country. However, there are many more arguing against this statement via twitter and other social networking websites.

The counter argument too makes sense considering the vastly differing lifestyles of both the cultures. While on one hand Arabic women sport darker hued burqas, on the other hand there are bikini-clad foreign women spending time in Dubai beaches. According to some people, the fact that the ruler wrote in English and not in the Arabic language itself goes complementary to his statement.

Moreover, the government shells out an enormous amount of money on tourism, healthcare and other services which are mostly enjoyed by the foreigners as they outnumber the Muslims staying in the country. Though the ruler’s statement has generated interest, the chance of it being executed in reality is still faint. One of the twitter users even went down to comment something like this, ‘don’t cozy up to foreigners at our country’s expense’ which clearly shows that some of the Emiratis have been infuriated by his comment.

All in all, how these thoughts will eventually turn out is something only time can say.

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How to Be a Good Tenant!

The price of rental properties in Dubai has extensively diminished in the past couple of years, allowing tenants to bestow lower rents for stunning residential units. However, searching a rental property in a new city and after finding, maintaining a good tenant-landlord relationship is a task! Hence, with the number of tenant disputes on the rise, here are a few quick tips on being a good tenant in order to avoid undue stress, conflicts with your landlord, and even legal trouble:

- Read your lease agreement before you sign: Be alert and attentive while signing the contract and have a detailed look at every clause of the agreement like for pets, guests, house maintenance , noise, garbage, parking, etc. If you find it suitable then only sign the deed, later breaking your lease even on one occasion is a permanent mark on your reputation as a good tenant.

- Be considerate of your neighbors: Before renting an apartment, do the precise inspection of the neighbors as for the matter of fact they may have different work hours and sleep schedules than you. They may get migraines, have a baby sleeping, or may just not have the same taste in music. Noise complaints are one of the most common and most frustrating complaints for a landlord. Even if you aren’t that disruptive, complaints are considered a hassle by your landlord.

- Avoid being high maintenance: Don’t bother your landlord for small repairs like changing a bulb or a tube light or may be just fixing your basin tap tight! Get your landlord into the picture only if there are major maintenance issues like plumbing or leakage.

- Pay on time: Do everything you can to pay your rent on time. As by doing that you can quickly gain credibility in their eyes.

Move in Dubai, one of the reputed real estate companies in Dubai deals in all kinds of Dubai properties for rent. Their amazing property portfolio and flawless services are sure to make your property hunting process smooth and enjoyable! To view property listings log onto: www.moveindubai.com

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Dubai Villas: Spells Out For Classy Living!!!

Private bedrooms, private swimming pool, spacious floor plans, fantastic views, beachfront locations and significant shopping options make a perfect elegant stay in Dubai. For those looking for the royal treatment renting a luxurious holiday villa in Dubai is the classy option.

Renting holiday villas in Dubai have become a popular alternative to hotels in Dubai, and villas offer a unique accommodation for families as well as large groups, corporate events, weddings and exhibitions. The most popular villas are found on the prestigious Palm Jumeirah, Dubai’s man-made island designed in the shape of a palm tree. It is now being referred to as the 8th wonder of the World. This amazing island offers guests easy access to luxury resorts with world-class health clubs and spas, as well as quality supermarkets. Villas offer privacy and seclusion, providing an amazing getaway retreat for those who prefer to be away from the crowds. These villas range from 3beds to luxury 6 bedroom properties. This 6 bedroom villa with its traditional Arabic décor includes its own full-time maid and gardener that are housed in private and secure servants’ quarters. One will definitely find this villa fit for a king and his entire royal family. These holiday villas in Dubai are the best way to spend your vacation in private and peaceful manner. It sets as a benchmark for royal living in the culturally rich city like Dubai.

Move in Dubai is a well established real estate company in Dubai. It is known as a dedicated rental specialist. They have a wide selection of luxury villas and homes available for rental in prime locations, catering for all your family holiday needs. You can find all kind of Dubai properties for rent at Move in Dubai at affordable prices.

For more details log onto: www.moveindubai.com

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Expats Can Now Rent Home Easily!

Dubai is a growing business hub. People across the world come down to Dubai for jobs, to start their own business and for many other reasons. The first and the foremost concern for expatriates is the property in Dubai. Where they will live while working or settling down in Dubai…?

The answer for the above question is Move In Dubai. It is a well established real estate company and provides all kind of Dubai properties for rent. It is difficult to search a property in new city but Move in Dubai makes it easy for expats to search rental property of their choice. Be it an apartment in Dubai or a villa. It provides convenient as well as affordable rentals in Dubai. Move in Dubai has a large variety of property portfolio to offer to their clients. It helps to select the house which is suitable for you considering all the parameters like budget, location, area, size of an apartment or a villa, etc. Due to the recent downfall in property prices it’s a benefit for an expat to rent a property at best prices. It allows expats to rent beautiful villas so that they can enjoy living lavish lifestyle. Dubai being the growing city and favorite holiday destination the inflow of expatriates as well as tourists keeps on increasing.

Move in Dubai makes it easy to find rentals in Dubai which is a major concern for expats while shifting to new city. The ethos of the company is to look after your every need and find you the right property, in the right place, at the right time, for you the right person.

For more details log onto: www.moveindubai.com

Renting Property v/s Hotels in Dubai

Dubai is a growing business hub as well as hot tourist’s destination. Hence the flow of business executives and tourists has been increasing day by day. Even the current situation of property market in Dubai is so that renting a property is cheaper then staying in a hotel. You can now get various Dubai properties for rent.

While your tour to Dubai you may come across to many luxurious hotels which are nice but very expensive. As the rentals in Dubai have slide down, it is comparatively cheaper to rent a private apartment or a villa to spend your holiday or a business trip rather than in a hotel. There are many beautiful villas and apartments which are available in prime location that too in affordable prices. The main advantage of renting an apartment or villa in Dubai is the privacy. You can spend the quality time with your family members in peace far away from the crowds. On the other hand if you book a room in a hotel you won’t be able to enjoy privacy as much as in rented apartments or villas. Moreover, if you rent a well furnished apartment you get all facilities like freeze, TV, gas, etc. This enables you to cook food as per your choice and enjoy it accordingly. On the other hand you don’t get the leverage of cooking and enjoying the vacation as per your wish if you stay in a hotel. Even for business travelers it becomes easy to fix a small appointment or a conference or even a party in an apartment or a luxurious villa. Hence, Dubai rental property gives a personal touch and makes you feel comfortable.

To rent a property you need an expertise and Move in Dubai which is a real estate company in Dubai are well known for providing best rental properties in Dubai. They are into real estate business from past 15 years and offer all kinds of properties at affordable prices in prime locations of Dubai.

For more details jus log on to: www.moveindubai.com

Buy or Rent Property in Dubai?

Situating your office in a convenient location is an important factor for any businessman who wants to make it big in Dubai. You wouldn’t want your business to be out of easy reach, would you? Another important factor which is to be considered is; should we have our own property to run the business or look into the available Dubai properties for rent.

A lot of people have a misconception that owning the place of work is very important. But today there are many successful small as well as medium sized businesses that rent commercial property in Dubai. 3 reasons why you should RENT an office space:

1. The first reason to rent property is the latest news about the downfall of Dubai rental markets. Due to this you can rent commercial property at affordable prices.

2. Secondly renting a property is a flexible option. If you require a bigger space than you can easily shift and rent another spacious office.

3. Renting a commercial property is more economical as you do not require major finances for the same. Hence, it allows you to invest money in other productive activities of your business.

Searching for the right rentals in Dubai is not an easy task especially for someone who isn’t familiar with the city. Thus Move In Dubai would love to help you out with your commercial rental needs in Dubai. You may log on to our site www.moveindubai.com for contact details.