Did you know that you can fly from Dubai to one-third of the world's countries within four hours, and to two thirds within eight hours?

In short, Dubai has enviable commercial geography, and the government has leveraged this in three ways: trade, transport and tourism. These three Ts underscore a strategic diversification that has created an oil-independent economy in the thriving emirate.

What's more, Dubai seems eager to add a fourth "T" to the mix: technology. The emirate has made a name for itself as a tech start-up hub and appointed a Minister for the Future to drive tech initiatives. 
 
Read CNN’s article on how Dubai is a model for economic diversification

Thank you to the many people who responded to last week’s Bullet Point property email, if you missed it then it can be read here
 
This week’s property conversations have included the following: -

• One of my preferred developers will be launching their latest project this week, Belgravia Heights 2 in Jumeirah Village Circle (JVC). 13 floors of high quality premium finished  and efficiently designed contemporary apartments. The studios will start at AED 480k, one beds at AED 758k and two beds at AED 1.07m with a payment plan of 50% during construction and 50% on completion Q2 2020. - Best conservative estimates are that these properties will provide an annual yield of at least 8% Net.  View the facts here for this highly recommended "Buy to Let" investment

• Emaar is one of Dubai’s most trusted and consistent developers, and they have recently partnered with the government-owned Meraas on the Dubai Hills Estate and now on the Dubai Harbour project. Emaar Beachfront is Dubai’s latest reclaimed island project, and I am recommending Sunrise Bay Towers to all those looking for an early bird beachfront holiday home investment. As one of the first buildings to be launched in this project, we find low entry prices with one beds from AED 1.3m, two beds from AED 1.9m and three beds from AED 3.5m combined with an attractive payment plan of 50% in construction linked instalments followed by 50% on completion in 2021.

• We are now entering the final week of Ramadan and so to the end of the developers’ many price and payment plan offers. 

Here are a few notable offers which will end this week.

Marina Gate two beds that are ready to move in now, selling for AED 2.4m and with a special payment plan of 50% now and 50% over two years post-handover

Hayat Boulevard two bedroom apartments from AED 890k and three beds from AED 1.2m – Pay 10% now and 90% on completion in 2019

A 2 to 4-year post-handover payment plan,  50% to 100% off Dubai land department fee and 100% off service charges for 2 to 4 years on selected Emaar properties in Downtown Dubai, Dubai Creek Harbour, the Dubai Hills Estate and Emaar South – email me for details

Dubai Properties also have a 2 Year Post Handover Payment Plans with 4% DLD Waiver on their Amaranta Townhouses in Villanova and on phase three of the popular Arabella Townhouses in Mudon – three bedroom townhouses ranging from AED 1.37m to AED 1.5m and four beds from AED 1.7m

Two of my favourite apartment buildings in all of Dubai can be purchased on a special payment plan of 30% during construction and 70% on completion combined with a 100% DLD fee waiver. Wilton Terraces in Meydan one beds at AED 1m and two beds at AED 1.45m are so well priced for this location. DT1 is one of the very few non-Emaar buildings in the Burj Khalifa Downtown Dubai community and will be an outstanding building when completed in 2019, one beds from AED 2m, two beds from AED 2.9m and three beds from AED 4.8m. see the DT1 brochure here