What’s your idea of a vacation? Is it just locking yourself away in your room while being away from the kids, the stress of the workplace and all those mundane responsibilities?  Or do you want to escape to where you are simply untraceable while having the time of your life? If you are looking for a really special destination where you can indulge in your taste for top-quality hotels, fine dining, great shopping, world-class golf and state-of-the-art spas, a holiday in Dubai would do just fine for you. With a fascinating heritage to explore and a range of exciting activities to indulge in, this curious and exciting place has just about everything. With miles of lovely beaches and year-round sunshine, Dubai is a new destination just waiting to be discovered. If you have decided on Dubai as a holiday destination, get ready to discover one of the world’s most energetic cities. The incredible blend of ancient and modern creates a unique environment that is full of surprises. The huge investment in Dubai property development has transformed the terrain from a desert land to a city of shining skyscrapers. A visit to Dubai provides a first-hand glimpse into a modern-day success story at the same time giving you an experience of truly luxurious living.

Shopping is an inherent and inevitable part of the whole experience of Dubai. You can find deals whether you prefer bargaining in the marketplace or taking advantage of the incredible tax-free prices in the shops. The whole city is bustling with growth. Transformed from a tiny fishing village into a modern city, Dubai now boasts some incredible avant-garde architecture and a thriving commercial sector. Holidays in Dubai are however a great opportunity to unwind and relax. The combination of relaxing resorts with the warm waters of the Persian Gulf makes it a great place to get away from the stresses and strains of everyday life.

You can view the world’s tallest tower- the Burj Dubai or the Burj Khalifa as it is now called.  Or visit or stay at the world’s only seven star hotel. Among the most talked about projects in Dubai are the Palms and the Dubai World Islands. The Palms comprise three of the largest man made islands on earth. Each is in the shape of a palm tree, being created off Dubai’s coastline. The Palm Jumeirah opened in 2008. However the Palm Jebel Ali and the Palm Deira are still under construction. The Dubai Islands comprise almost 300 manmade islands built to resemble a map of the world. It has been built so that it can be accessed by boat or helicopter. This project is also still under construction.

There really is no shortage of hotels to stay in Dubai. Dubai hotels are known for their opulence and lavishness. However many of them have a tendency to overcharge the unsuspecting customer. That is why you must be wary when booking hotels in Dubai. If you really want the best, we recommend hotel marina Dubai experiences. You can contact us for all your Dubai hotels booking needs.

About The Author:

David Martin is a respected, well read columnist in Dubai and considered an expert on the economy and issues connected with living and working in the emirate.  Expatriates like to quote him on everything from renting Dubai Apartments to selecting the best rental in Dubai.
 
According to the results of a recent poll by Reuters, Dubai real estate prices are expected to fall a further 10 percent in 2010. It is estimated that the emirate’s debt crisis will delay the recovery in the property sector up to 2012.
The majority opinion of 12 analysts at banks, investment firms and research institutions was that residential property prices in Dubai have only a 13 percent chance of picking up before 2011.

Some respondents said that prices had already reached a bottom, while others said they expected a trough to be reached in the first half of 2010. Still others expected a trough in the second half of 2010 and a few in the first half of 2011. It is no secret that the recent woes of Dubai World have further sapped the prospects of a recovery in real estate.

In addition to this, conditions in the UAE property market are expected to remain weak in 2010 due to unfavorable demographics, property oversupply and risks associated with cancelled or delayed projects. What is also being anticipated is the continuation of rising vacancy ratios in the wake of Dubai’s oversupply of homes. However, the asset quality and location will determine the effect in individual circumstances. Dubai is expected to be oversupplied by over 30,000 new homes by the end of 2010, according to some estimates.

Since 2008-2009, Dubai has not only been hit by the global financial crisis but also the Dubai World debt repayment saga. At the height of the financial crisis, billions of dollars worth of projects were put on hold or cancelled. Thousands of expatriate and migrant workers lost their jobs and were forced to leave the emirate. By some estimates, more than 500 projects have been suspended or cancelled in the United Arab Emirates, with Dubai being the most severely affected.

In the long run, the financial crisis and credit crunch will result in a decrease in liquidity and financing that will limit the supply of properties in the market.  In fact property prices are expected to fall another 10 to 15 percent before there is any major recovery in prices.

It is generally anticipated that rents in Dubai will fall between 10 to 15 percent in 2010 and remain flat in the first half of 2011, with rents and prices possibly rising in the second half of 2011. At present demand for Dubai Apartments and Dubai Apartments for Rent are considerably on the lower side compared to Dubai Marina Apartment. You can contact Just Rental Dubai for some of the best rental rates.

Meanwhile house prices in Abu Dhabi remained largely unchanged this year, with the majority of analysts expecting prices and rents to climb further. Prices are expected to increase due to the current mismatch in demand and supply but will stabilize as the delivery of some of the projects is completed.

About The Author

David Martin is a respected, well read columnist in Dubai and considered an expert on the economy and issues connected with living and working in the emirate. Expatriates like to quote him on everything from dubai properties to rent to how to live the lavish lifestyle and be part of the nightlife that Dubai has to offer, otherwise considered the prerogative of the wealthy and knowledgeable.