Dubai, the first country in the world, to accept Bitcoin in real estate

Dubai property with Bitcoin

Dubai and real estate have become more like inseparable terms in the past few years. From a flexible real estate investment situation for foreigners to profitable options in investment, this city has a lot to offer. With all this, there is one other unique thing about this city’s real estate market that sets it apart from many other global cities- bitcoin investments. Bitcoin Dubai property market scenario has been the talk of the town for the past few years.

Blockchain and the government
In 2017, Dubai became the first “blockchain-powered government” in 2017. From there, a lot has happened in the Bitcoin Dubai segment. Dubai Land Department started accepting real estate trades in Blockchain infrastructure. Bitcoin, the number one cryptocurrency that popularized the concept of Blockchain, is being recognized for transactions in the real estate market.

Buy an apartment with bitcoins
Driven Properties has made it official that it will now deal in properties available for purchase through bitcoins. This means that the residents and potential investors in Dubai can use their pooled cryptocurrency resources to make real estate transactions. Emaar, one of the most credible developers, announced earlier in 2019 about a crypto token that it would be offering. So, it is possible today to buy Dubai property with bitcoin and it has become a trendsetter. Whether it is to buy an apartment or to opt for interior design or renovation projects, a lot is possible today with cryptocurrencies.

Not another fad
The use of cryptocurrencies in real estate has become a trend that is here to stay and not has happened fad. This comes as good news for the bitcoin collectors. Transactions become faster and easily manageable with the use of bitcoins for real estate transactions. Residential real estate purchases become a more practical situation with the advent of bitcoin in Dubai.

Top 5 real estate markets in Asia

Are you looking for a secure investment option that is also reliable? If you are ready to commit to a long-term investment plan, then real estate is a timeless choice. When it comes to real estate investment, do not confine your options to your place of residence. Both commercial and residential properties of various types make great investments. Whether you reside in Dubai or in any other part of the world, picking the most profitable real estate markets makes investment easy. Dubai real estate market is known to be one of the most lucrative options for investors with all budget options. Here are the top real estate markets in Asia.

 

DubaiDubai real estate market

To buy luxury property, Dubai real estate is one of the most popular choices. Dubai homes boast of a variety of premium architectural themes. To compliment them, each Dubai property also comes with posh interiors and other options. 

 

Bangkok

bangkok real estate market

Bangkok real estate market, this is another city that offers a huge selection of luxury properties. Affordable condos to premium penthouses, the options are many when it comes to choosing a property in Bangkok. The teeming tourism industry also offers a stable rental income. 

 

Singapore

singapore real estate market

From world-class education to an active job market, Singapore real estate market offers all the essentials for a stable lifestyle. Singapore is, therefore, one of the other rapidly growing real estate markets. 

 

Hong Kong

hong kong real estate market

The urban lifestyle on a posh island is what Hong Kong real estate market offers. Fluctuating markets and good returns are imminent with property purchases in Hong Kong. 

 

Manila

manila real estate market

Though foreigners cannot buy land in Manila real estate market, there are many types of apartments to consider. Relatively affordable properties are easy to come by in this fast-growing city. 

 

Besides owning a property in Dubai real estate market, the above are the other popular Asian markets among real estate investors. Owning Dubai villas, apartments or townhouses, or owning a property in any of these Asian cities is easy today. 

Life in JBR Dubai

jbr dubai

Are you looking for a happening place in Dubai? Do you love wave haven beaches with a pleasing seashore? The Jumeirah Beach Residence apartments for sale are featured just near Dubai Marina and the only best lively area that the city can ever have. JBR Walk, Dubai Tram, and the Skydive Dubai experience happen right over here.

 

Who enjoys JBR the most?

This place is more enjoyed by singles or young people who are extroverts, especially. It is for the more vibrant and energetic individuals looking for lively western culture. It is a central hub for live music and entertainment. People gather at night for a drink and their favorite meal with a pleasant stroll on the seaside. Fireworks and entertainment during national events and holidays drive the most spirited young individuals to celebrate and have fun..!! Outdoor activities keep this Dubai Off plan crowded with increased noise and traffic levels. It is a busy place for enjoyment..!!

 

Life at JBR is exotic

Even during the day, we have a huge crowd moving through the entire JBR properties. They go on shopping, getting kitchen provisions, plan for a take away from the plentiful restaurants, and enjoy by The Walk. It is slightly calm compared to the nights, and the people enjoy gazing at the Ain Dubai in Bluewaters that gets moving and seems lively and also views the Palm Jumeirah stretch from the JBR beach. The beige-colored buildings give a luxurious feel and make way for a class living in the JBR apartments.

 

It is provided with all the necessary amenities and entertainment sufficient to lead a happy and peaceful life. Schools, hospitals, supermarkets, fitness centers, safety establishments, and regular water supply and power back up make life simple and easy for especially the women. Enjoy the lovely and lively experience in JBR Dubai now and forever..!! 

Dubai Property Market the Past, Present and Future

Dubai property is recognized to be of unpredictable nature. Despite the fact that, it is has become a focus for the property buyers and sellers across the world. The variation in prices in the past couple of years had been significantly triggered because of erratic demand and supply for Dubai properties.

Being a commercial center and making masterpieces in building and construction and development, Dubai stands on the list of best places in the world from a great investment prospective.

This can be the true reason for the outgrowth of countless property companies in Dubai every year.

But will the market have sufficient ability to cater to these real estate dealers? Will be the market mature enough? What exactly is the future of property in Dubai?

Oversupply in previous few years has brought the Dubai property cost down. With this, credit limit, fragile oil costs, and the sturdy dollar have diffused the home market.

In reply, we come across significant attempts of the UAE authorities to bolster the Dubai real estate marketplace.

The legislation come with a 5-year visa, 100% business possession towards the expatriates, and other campaigns to entice investing from all around the globe.

The typical property costs dropped because of the oversupply in Downtown, which are the core hub of Dubai. However, locations like Dubai Hills, The Lakes, and Palm Jumeirah revealed an overwhelmingly excellent response from the buyers and renter.

The transportation links, lots of facilities, and high class properties are the causes for enhanced requirements for these areas.

The investing in Dubai real estate marketplace all through past years, more than two hundred nationalities have emerged actively investing in Dubai property market.

Lately, dynamic Chinese investments have now been observed that is majorly because of the rules which gives an on-arrival visa in UAE to the Chinese nationals. Which means that, the nation currently ranks sixth highest worldwide for incoming property investments.

Thereupon, the straight flights to 13 towns of China enable enhanced connection amongst the UAE and China.

Tourism in Dubai attracts more investments direct accessibility to Dubai from twelve United States cities happens to be possible. This will enhance travel and leisure in Dubai and may boost the possibility of investments from United States nationals.

Furthermore, the federal government intends to invest 43% of their 2018 finances in public-service, structure as well as transportation, and to build up a knowledge based economic climate.

The procedures will increase traveling and leisure and provide a course for general public and economic procedure in Dubai.

The World Expo 2020 is yet another component that will induce the development and readiness of the Dubai real estate sector.

Experts and specialists anticipate an increase in 2019 with unparalleled force, numerous strategical infrastructure projects are due to be finished in UAE when preparing for Expo 2020.

Aided by the involvement of greater than 160 nations, the need for apartments for rent in Dubai might boost significantly. The property buyers as well as the sellers could produce a substantial income by sustaining reasonable Dubai property prices.

With the leasing section, properties for sale in Dubai may additionally acquire a good response and a genuine increase through and after the exhibition.

With these implementations, the government is consistently doing their best to trigger the Dubai economy. And also the results are in fact in support of the real estate sector.

The marketplace is moving in direction of maturity and the leasing yields are growing high.

All elements suggest that the marketplace appears to be tougher and results in being more profit-yielding down the road.

What you need to know when buying property in Dubai?

Irrespective of whether you are actually relocating to the emirate of Dubai or in the process of buying a property in Dubai is not complicated or confusing when you finally get acquainted with the proper procedures to create a rewarding purchase. The real estate sector in Dubai is a flourishing marketplace which is anticipated to get growing for years to come.

It is by no means a loss of capital when buying Dubai real estate marketplace regardless of whether it is at its highest point or not for property is definitely the most secure investment option. The emirate is the preferred place to reside in and work in and buying a new property is definitely an interesting move particularly if it is in a land that promises you plenty of fun filled times as well as a deluxe way of life.

You ought to develop a community check anytime you are considering or thinking about buying a property. To ensure that you have selected the perfect location for your needs and your loved ones, you need to understand your priorities. If what you are actually searching for is actually a location next to a school, mall, doctor’s offices or restaurants then you certainly should search only for properties that are in prominent areas like Business Bay.

If you’re looking to purchase a part of property particularly like areas like Business Bay Dubai? Properties of high demand would appear quite attractive to a buyer, nevertheless, would drive individuals purchasing with the intention of moving in immediately. The objective of what you bought is really important in the acquiring process. The requirements by which you are likely to select a property for yourself will alter considerably from an acquisition you will be making for other individuals to profit from.

The real estate market in Dubai is varied and loaded with an abundance of properties choices to pick from like AG Tower Business Bay. Therefore, in order to avoid yourself from being confused; it is important to turn to the assistance of a local real estate agent like Driven Properties. Specialized and expert real estate agents understand the marketplace very well and they’re going to help you in making an acquisition that meets your finances and criteria. Agents will also respond to any queries you’ve got in regards to the security of a vicinity, its amenities, facilities and more.

Establishing a spending budget from the beginning can help you save both money and time. By establishing a certain budget, your agent should be able to successfully find you a residential property that meets your economic situation. Establishing a spending budget is likely to make it simpler to help you determine if you want to a home loan or not. What is particularly impressive that establishing a spending budget is to make certain that purchasing a real estate will not impact your other monetary obligation, or else, is going to be far better to delay your investing decision perfect up until you steady your finance first.

Arabian Ranches 3 Townhouses the new sensational development by Emaar

Arabian Ranches 3Arabian Ranches 3 is one of Dubai’s original residential district freehold communities, achieving the ambition of getting a townhouse in Dubai a reality for visitors. This vicinity guide examines how residing in the area emanates a good sense of regional community life, evidenced via the incontrovertible fact that it often tops the list of most renowned locations within the city, to own a villa in Dubai

Arabian Ranches 3 is a renowned and luxury location in Dubai, is located in the heart of the metropolis. It goes over an area of more than 1652 acre and presents multiple properties that includes big lavish townhouses. It provides a wide range of freehold houses.

The project is in the core of the desert that offers its inhabitant’s unique way of living drenched in the mystery after the hectic life throughout far away from traffic and stress of city. The concept of development of Arabian Ranches 3 is created on this very indisputable fact that is to create a cozy environment in the center of desert away from each one of the problems of the globe. Once you pay for yourself to a special and eminent lifestyle which is engulfed in center of the desert.

Spread out over 1,650 acres, the region in Arabian Ranches 3 townhouses appeals to newlyweds and families from all over the globe. The neighborhood feels a world from the rest of Dubai.

Demand of Luxury in Dubai Property Market Increases

Driven Properties

Expo 2020 is expected to make a sizable impact on the Dubai property market. The probable increase in economic activity ought to provide a thrust to the financial state and develop improvement hopes.

A previous couple of months have supplied a series of opinions, viewpoints, worries and possibilities for those with a fascination in Dubai property market, no matter if they are looking to enter, exit or maybe just purchase something. But even though the range of sales, in general, is noticeably downward, prices are left steady.

Well, the thing that should be realized from the get-go is that ultra-prime property functions in a method that bears little if any likeness to most of the real estate sector. And for this reason, involvement in the Dubai real estate sector from foreign investors continues to be very sturdy regardless of the market decline.

In spite of economic issues in other parts of the world and property prices falling in various places and sectors, there’s always an individual, somewhere on earth that feels it’s the best time to be investing in high-end properties. And consumers at this level are more sophisticated. They are usually looking to add to an existing portfolio and have a collection of real estate agents who are professionals in Dubai property sales; which means that they know specifically what they want and when to snatch it up.

Dubai might just be amongst the very few universal locations where you can find a clear difference between non-commercial and luxury property market and it isn’t just on pricing.

Prospective buyers in the luxury niche are looking to find certain factors and features when purchasing the best domestic developments in Dubai, primarily targeting on prime location.

It is apparent that throughout the present time period uncertainty, as the UAE financial state is going to continue to adjust, that prospective buyers are hedging their investment by increasingly buying in locations that will certainly generally have an appeal above others, in sites such as the Palm Jumeirah. And the accessibility of desirable residences in these communities.

Supply in the luxurious category is still rather limited in Dubai, which has its favourable aspects for buyers. Need for such properties exceeds supply and it is the asymmetry between needs and supply that reduces cost lessons.

Luxury developments will certainly boost Dubai property sector state as a worldwide financial investment hub and further appeal to the rich men and women. Nonetheless, the properties must please the ever-changing needs of wealthy potential buyers and it is equally important to avoid oversupply.

As of now, you will find signals of market growth in the sector, with Dubai luxury real estate market witnessing a rise in transitions.

With Expo 2020 coming up to, quicker than anybody quite thought of it would, the influx of tourist and having the world’s interest completely fixated on Dubai property sector.

More information on properties in Dubai, Visit our site on www.drivenproperties.ae