An Eye on Luxurious Life in Dubai
In recent years, Dubai has become the business capital of the UAE and a city full of opportunities. Many business opportunists struggled with the decision to invest in Dubai and opted to begin a new phase of their lives in Dubai. “Job opportunities offered by the Arab city have no point of comparison with those in other regions of this world.”
In my first week I have eight interviews and all in good companies. After much thought, it’s over by the German multinational decanting, car market leader in Dubai ahead of BMW and Audi. “They spend a lot of money to organize events to continue to maintain its privileged position” because there, as he says, “people like to have good cars, and do not often see general brands.” Therefore, it is not unusual to see running through the streets of the city Bentleys, Ferraris, Jaguars and Maseratis.
Architectural projects like the Burj Al Arab hotel, The Palm etc. making Dubai a city of design, which combines Arab-style architecture with the most avant-garde. Paradoxically, with what one might think, this is not a city too expensive, it is higher when compared to some European capital but” cheaper”, says Graciela Saenz. It is also easy to find cozy restaurants, surrounded by idyllic scenery or lost at sea where you can enjoy a nice dinner at a reasonable price. We no longer rent reasonableness as far as Dubai properties are concerned. For a two bedroom apartment in Dubai is usually cost about 24,000 euros per year, with the great handicap. We can also find Dubai Villas in most expensive and reasonable prices depending upon the worth of location.
Grace and her boyfriend, the young Madrid Eduardo Montero, chose to live in Dubai Marina, consisting of glass buildings and very close to the beach. This is part of the fastest growing city, because tourism is developed. In short, a “a very friendly city with many restaurants and terraces,” Saenz admits during his telephone conversation with THE NEW SPAIN.
Dubai’s economic growth in recent years is closely tied to its oil wells. Great fortunes have been amassed around the black gold, making the city one of the richest in the world. However, this fact is not only highlighted by the high purchasing power of their citizens but also for its multiculturalism. There are many Indian immigrants, and increasingly, as the marketing of used Mercedes is “more common to see Europeans and Americans who come here to seek work.”
Despite the increase of foreigners, local citizens continue to enjoy many privileges, a fact that surprised a lot to this young Gijon, because “they are at a higher level and boast about it.” A clear example, as noted, is that “they cannot be whistling in the car, because it is frowned upon.”
Thanks to changes in the legal framework facilitating the purchase of Dubai properties by foreigners, Dubai is becoming an attractive destination for purchasing a second home.
So far, foreign populations are purchasing Dubai villas considering it being an investment on their part. Foreign owners looking to spend periods of time away from Dubai can benefit financially from his house, since the new legislation and allows them to rent their Dubai properties including villas and apartment in Dubai. And considering the pace of a growing number of residents in Dubai, it is difficult to ignore the importance of acquiring the Dubai properties market rents.
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