Bullet-Point Property: Dubai No. 46

This week, we learned that Dubai had retained its ranking as the fourth most popular travel destination in the world, according to the ninth annual Mastercard Global Destinations Cities Index. The emirate welcomed 14.87 million international overnight visitors in 2016, with an expected continued growth of 7.7 percent for 2017.

Bangkok, Paris and London were ahead which I reckon is a phenomenal story to tell and another lesson for us all that we should not underestimate this city and its ability to deliver on their ambitions.

These are just some of the properties and offers that I have been talking about with clients since my last Bullet Point Property (BPP) email: -

• I saw this project at Cityscape, and I have now met with the developer and checked into their unique offer – this is less property investment and more of a ten-year savings plan backed up with a property. They have a few payment and rental management options, but the one that I found most interesting is to pay 30% during construction, 10% on completion in 18 months and then nothing further to pay ever except for the service fees. After ten years you own the property outright, and the developer has a few exit points along the way too. Email me for more information

• The Address Harbour Point began sales of their first tower last Saturday,and by all accounts, they sold out 40 floors in less than a day so a few days later they released the 2nd residential tower – one bed from AED 1.9m, two beds from AED 2.7m and three beds from AED 3.2m

• Elsewhere in Dubai Creek Harbour prices start at AED 1.4m in The Island District - A world-class development, imagine Dubai Marina meets Dubai Downtown. It has water, a marina, an island, the latest tallest tower in the world, a park, hotels and quality high and mid-rise apartments within the first phase of one of the largest master developments in the world. It's early days for this massive project but a great opportunity for investors who understand the long-term value of this brilliant and well-designed project. 

• As you may already know, I am a very big fan of the developer behind Belgravia in JVC and DT1 in Downtown; their projects are all truly design and quality driven and provide excellent value for money which is exactly what investors and end users have been asking for since it was possible to buy property in Dubai. I met with the owners earlier this week, and they have promised to launch at least one new project a month from now through to April 2018. Wilton Terraces 1 in Mohammed Bin Rashid Al Maktoum City is the next one, and I will be sure to include the details in my next BPP. If you cant wait and want me to update you as I receive the details, then please send me an email

• The construction of Studio One in Dubai Marina is ongoing, and they have almost sold out entirely, however, one of my clients has had a change of plan and now wants to sell his interest in one of the best apartments available. Please check the listing here – a two bedroom apartment in a high-quality tower within Dubai Marina for less than AED 1.5m is rare and I am confident of a high rental yield and market-beating growth during and post-construction.

I appreciate it’s never as simple as brochures, prices and a payment plan, you probably have at least 20 questions and I am here to answer all of those and perhaps some you haven’t even thought of. 

For a more detailed discussion or to meet me in Dubai, please call or email and I will be sure to respond as soon possible.

If you have any questions or thoughts feel free to contact me anytime.