Three Gems in Dubai in Apartment Category

In Dubai the residents here have to choose between several options when they have chosen to live in an apartment. It is not easy as it is in other countries where the only decision that you need to take is whether to live in a bungalow or apartments and the details are not gone any further. Here in this part of the world the Service Apartments in Dubai are categorized according to the luxurious style of life offered by each of them. The more the luxurious style the higher their price would be. One more thing that needs to be mentioned here is the way the structure of such apartments has been crafted. In some cases you need to pay some extra money that may be in millions which represents the additional cost due to high prices of the property. One example would be the palm jumeirah apartments that have been designed with such uber delicate by creatively making them a non detachable part of sea.

Jumeirah palm’s 2 bedroom apartments in Dubai are ranked among the top three places which have attracted the residents the most. Companies who are high profile also let their elite employees to have a place in this mega project. The managers and partners of companies and partnerships respectively can afford to stay at this place. The project also holds international recognition as well. It has been recognized by foreigners also who visits Dubai on temporary basis. It has been said with utmost certainty that many apartments in the said project are occupied by residents of other countries and usually fall vacant for most time of the year. This is because of the reason stated above relating to the temporary visit that are made by the owners of such apartments. Some may argue that they can earn a huge amount of money in the form of rental by letting the apartments out for the time they are away from Dubai. But the cumbersome process of finding a good tenant makes those owners to decide to think the other way round. Another reason why they don’t prefer letting out their property in their absence is the risk of fraud of confiscation of property. In their absence they must hire a property manager who would be acting as a watchdog to their properties. This option is viable for those property owners that have a number of properties under their name. This is because getting a person employed to manage the property attract high amount of fees that is given to them in the form of management fees. Further, the risk that the manager himself reacts in a dishonest manner cannot be denied as well.

Business bay apartments and apartment in Dubai marina are two other great and marvelous examples of a gem of an apartment. They hold great value both in the eyes of investors as well as the property seekers i.e the potential buyers. For making investment in these two projects the potential investor must keep in mind the rules and regulation which oversee the process of sale and purchase. Normally this work is done by some experts known as property agents, but a fair idea as to the terms and conditions of the purchase or sale agreement will assist the purchaser in taking a risk free decision.