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
 Jun 25 2016 - Clouds Interiors, an Interior Design Company in Doha Qatar, is Now Offering Office Interior DesignsMENAFN Press
(MENAFN Press) --> DOHA, Qatar, June 25, 2016 /PRNewswire/ -- The founders of Clouds Interiors, a company that offers interior design Qatar business owners can rely on, are pleased to announce that ...

 Jun 25 2016 - IOM Responds to Malaria Upsurge in Bentiu, South SudanMENAFN Press
(MENAFN Press) IOM Responds to Malaria Upsurge in Bentiu, South Sudan GENEVA, Switzerland, June 24, 2016/APO (African Press Organization)/ -- IOM is scaling up resources to respond to an upsurge in ...

 Jun 25 2016 - Mediterranean Migrant Arrivals in 2016: 214,861 Deaths: 2,861MENAFN Press
(MENAFN Press) Mediterranean Migrant Arrivals in 2016: 214,861; Deaths: 2,861 GENEVA, Switzerland, June 24, 2016/APO/ -- IOM reports an estimated 214,861 migrants and refugees entered Europe by sea ...

 Jun 25 2016 - New Fantasy Novel by D.L. Jordan Hailed as the Next Harry PotterMENAFN Press
(MENAFN Press) The Genesis of Destiny, a book by author D.L. Jordan is being compared to Harry Potter and is set to captivate young adults and adults alike. The Genesis of Destiny: Book 1: The ...

 Jun 25 2016 - SCOTUS Ruling on SDVOSBVOSB Companies Serving the Dept of Veterans AffairsMENAFN Press
(MENAFN Press) SCOTUS Ruling on SDVOSB / VOSB Companies Serving the Dept of Veterans Affairs Centered by Patient Care, Driven by Innovation Veterans Serving Veterans Our team has decades of ...

 Jun 25 2016 - Adipic Acid Market Research Value Analysis and Forecasts to 2021MENAFN Press
(MENAFN Press) Adipic Acid Market Research Value Analysis and Forecasts to 2021 ReportsWeb added report on "Global Adipic Acid Consumption 2016 Market Research Report'', the report comprises ...

 Jun 25 2016 - Jordan to sign deal with EU for energy projects at USD101.51mnMENAFN
(MENAFN) Jordan will sign a deal with the EU granting the kingdom almost USD101.51mn in order to support renewable energy projects.Furthemore, the grant will fund the second phase of the renewable ...

 Jun 25 2016 - Egypt's rubber exports decline by 29 percentMENAFN
(MENAFN) Egypt's exports of rubber dropped by 29 percent to USD16.5mn in Jan-March period of this year against USD23.08mn of 2015.Accordingly, almost 10 companies captured 99.2 percent of whole ...

 Jun 25 2016 - Qatar Exchange to develop ties with regional univirsitiesMENAFN
(MENAFN) Qatar Exchange will enhance and spread its collaboration with local institutions of higher studies, involving leading univrsities and colleges.Moreover, the collaboration will be by ...

 Jun 24 2016 - Saudi Arabia's Sovereign Ratings and 'Negative' Outlook AffirmedMENAFN Press
(MENAFN Press) 24th June 2016 Saudi Arabia's Sovereign Ratings and 'Negative' Outlook Affirmed RATING ACTION Capital Intelligence Ratings (CI Ratings), the international credit rating ...

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