Property investors have managed to make great premium on their property and are now considering putting the properties in the market to support the tourism boom which is about to hit the UAE by 2010 where Dubai will have the tallest skyscraper in the world, the largest manmade island on earth, by far bigger than Manhattan and the largest shopping malls in the globe.
Government figures show Dubai now has 7 million overnight guests per year and should achieve 15 million tourists per year by around 2015. Tourist from the United Kingdom and Germany prefer to stay in a Villa or an apartment.
If you are a Dubai home owners you notice that Jumeirah beach residence and Nakheel have started handing over thousands of apartments beach facing to land lords who have waited for this day hoping to start using their holiday home for their families and visitors and their retirement while they can drive income from their investment while they are away by short term furnished rentals Jumeirah beach residence a part of Dubai Properties Has announced on their web site that Minimum rental period furnished allowed is 6 month Homeowners and real estate agencies have not been aware of...
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