Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Residential property investment proves a hit as next move live wraps up  Join our daily free Newsletter

MENAFN Press - 24/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) The first edition of Next Move live concludes today at the Madinat Arena, MadinatJumeirah, bringing an end to three successful days ofnew property launches, unbeatable promotions and exclusive investment opportunities.



The UAE's new consumer property show, which opened on Thursday, 20 February, attracted thousands of prospective buyers and renters over the weekend seeking the hottest developments in the local and international real estate market.



Michael Bono, a 37 year old Australian, Dubai resident visited the three-day show to seek advice from leading property developers, real estate agents and banks."I am a firm believer that a residential investment is the best option in Dubai at the moment," said Bono.



"I already have my own place and I'm at Next Move live to see if there is anything new in the market and if it's worth selling my property and investing in something else.



"As a resident in Dubai, it makes sense to buy your own place and pay a mortgage, rather than losing money on rent each month. You can make your property work for you through capital appreciation and then when the time comes to move on, you can sell and make a profit.



Brought to Dubai by the organisers of Cityscape, Next Move liveoffered visitors more than 4,000 units from the UAE, UK, Spain, Cyprus, USA and many more



Several major UAE based developers showcased their key developments,including theRas Al Khaimah-based RAK properties, who displayed their new sea view development 'Flamingo Villas'



Rashed Sultan Al Khatri, Director of Marketing and Sales t RAK Properties, said: "We are offering convenient payment packages to our customers to boost their investment revenues and anticipate a significant increase in unit sales in the coming period.




"Our main focus is to promote completed projects at Next Move live and display our residential developments which represent a new milestone in the company's history and will be completely self-contained, creating their own identity.



With property prices in high-value areas such as Palm Jumeirah, Business Bay and Jumeirah Lake Towers showing the biggest increases by the end of 2013, developers are shifting their focus to areas such as Dubailand, Motor City and International City which offer consumers an affordable alternative



"The basic rule of real estate is "location, location, location," said Wouter Molman, Director of Cityscape Group. "In other words, investors need to know where they are buying. Finished communities in convenient locations with the right amenities, schools and community centres are always highly sought after, even when markets aren't in the strong position that they are today.



"The predominant trend in the last three days at Next Move live has further verified this, as exhibiting developers and brokers put a huge emphasis on the mixed-use element of their properties as part of their business strategy.



Next Move live is officially supported by Platinum Sponsors Aldar Properties and Flash Properties, Gold Sponsor Orient Desert Real Estate and Silver Sponsor Pacific Ventures. Commercial Bank of Dubai is the Official Banking Sponsor of the show.



About RESIDENTIAL PROPERTY INVESTMENT
RESIDENTIAL PROPERTY INVESTMENT

 


MENAFN Press




  MENA News Headlines
 May 2 2016 - Kerry: 'Critical hours' to halt carnage in Syria's AleppoThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) >U.S. Secretary of State John Kerry began a diplomatic push in Geneva on May 1 as world powers seek to halt the mounting violence in Syria's Aleppo Province. ...

 May 2 2016 - Turkey begins making its debut hibious assault shipThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) >Turkey has launched the building phase of its amphibious landing platform dock (LPD) warship for the Turkish Naval Forces with a ceremony on April 30. ...

 May 2 2016 - Coalition drones take off from Turkey hit ISIL in Syria for second dayThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) >Islamic State of Iraq and the Levant (ISIL) targets in Syria’s north were hit by armed drones belonging to the U.S.-led coalition on May 2. Four MQ-1 ...

 May 2 2016 - UAE- Anti-Money Laundering and Suspicious Cases Unit and Financial Services Regulatory Authority sign MoUEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 2nd May 2016 (WAM)-- The Anti-Money Laundering and Suspicious Cases Unit (AMLSCU) at the Central Bank of the UAE and the Financial Services ...

 May 2 2016 - Saif bin Zayed visits NMC Pavilion at Abu Dhabi International Book FairEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 2nd May 2016 (WAM) H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan Deputy Prime Minister and Minister of the Interior today visited the National ...

 May 2 2016 - Knowledge without Borders participates in 26th Abu Dhabi International Book FairEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) SHARJAH 2nd May 2016 (WAM) -- Knowledge without Borders KwB the Sharjah-based cultural project that works to promote reading and literature throughout the ...

 May 2 2016 - Dubai FDI-led mission to US spurs interest among innovators and knowledge-based industriesEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 2nd May 2016 (WAM) -- Dubai's ambitious growth plans as well as policy focus on competitiveness and innovation have been explained to US investors and ...

 May 2 2016 - Qatar- HE Foreign Minister Discusses Aleppo with Saudi U.S. and German FMsQatar News Agency
(MENAFN - Qatar News Agency) Doha May 01 (QNA) - HE the Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani held on Sunday a number of separate phone calls with the Minister of Foreign Affairs ...

 May 2 2016 - Qatar- HE Foreign Minister Meets Riad HijabQatar News Agency
(MENAFN - Qatar News Agency) Doha May 01 (QNA) - HE the Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani met here on Sunday with the Coordinator-General of the Supreme Commission for Syrian ...

 May 2 2016 - Qatar Will Continue Improving Workers' Conditions HE Minister SaysQatar News Agency
(MENAFN - Qatar News Agency) Doha May 01 (QNA) - HE Minister of Administrative Development Labor and Social Affairs Dr. Eissa bin Saad Al Jafali Al Nuaimi said today that the State of Qatar under the ...

 May 2 2016 - Qatar Regulates All World Cup Projects Carefully Official SaysQatar News Agency
(MENAFN - Qatar News Agency) Doha May 01 (QNA) - Secretary-General of the Supreme Committee for Legacy and Delivery Hassan Al Thawadi said Sunday that all projects related to the World Cup are being ...

 May 2 2016 - Gulf Legislatures' Coordination and Follow-up Committee Convenes in DohaQatar News Agency
(MENAFN - Qatar News Agency) Doha May 01 (QNA) - The meeting of the coordination and follow-up committee of the Gulf Cooperation Council (GCC) States' Legislatures started here on Sunday. The ...

 May 2 2016 - Qatar- HH Sheikha Moza Attends Graduation Ceremony of HBKU's 2016 ClassQatar News Agency
(MENAFN - Qatar News Agency) Doha May 01 (QNA) - In the presence of HH Chairperson of Qatar Foundation (QF) Sheikha Moza bint Nasser and HE Vice Chairperson and CEO of QF Sheikha Hind bint Hamad ...

 May 2 2016 - Qatar- Minister of State for Defense Affairs Meets Senator Marco RubioQatar News Agency
(MENAFN - Qatar News Agency) Doha May 01 (QNA) - HE the Minister of State for Defense Affairs Dr Khalid bin Mohamed Al Attiyah met today with US Senator Marco Rubio a member of Senate's Intelligence ...

 May 2 2016 - UAE Foreign Minister Arrives in DohaQatar News Agency
(MENAFN - Qatar News Agency) Doha May 01 (QNA) - HH Minister of Foreign Affairs of the United Arab Emirates Sheikh Abdullah bin Zayed Al Nahyan arrived in Doha today on an official visit during which ...

 May 2 2016 - Qatar- HE Deputy Prime Minister Meets Omani AmbassadorQatar News Agency
(MENAFN - Qatar News Agency) Doha May 02 (QNA) - HE Deputy Prime Minister and Minister of State for Cabinet Affairs Ahmed bin Abdullah Al Mahmoud met Monday with HE Ambassador of the Sultanate of ...

 May 2 2016 - Qatar- Seoul: N. Korea's April 23 SLBM Launch Ended in FailureQatar News Agency
(MENAFN - Qatar News Agency) Seoul May 02 (QNA) - North Korea made a false claim about the April 23 launch of its submarine-launched ballistic missile (SLBM) multiple government sources in Seoul said ...

 May 2 2016 - Qatar- US Cruise Ship Travels to Cuba for First Time in DecadesQatar News Agency
(MENAFN - Qatar News Agency) Miami May 02 (QNA) - An American cruise ship is sailing to Cuba from the US the first such trip in more than 50 years. The Adoni has sailed from the port of Miami ...

 May 2 2016 - Qatar- UN: 741 People Killed in Violence across Iraq in AprilQatar News Agency
(MENAFN - Qatar News Agency) Baghdad May 02 (QNA) - A total of 741 Iraqis were killed and another 1374 were injured in acts of terrorism violence and armed conflict in Iraq in April 2016 a UN ...

 May 2 2016 - Qatar- Iranian President Meets South Korean CounterpartQatar News Agency
(MENAFN - Qatar News Agency) Tehran May 02 (QNA) - President of Iran Hassan Rouhani met Monday with President of South Korea Park Geun-hye currently visiting Tehran. During the meeting they ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help