Enjoy Luxury While Staying in the Best Dubai Hotels

Dubai is a perfect holiday destination with vibrant nightlife, astonishing malls, the most contemporary buildings and the best of the hotels. Dubai is one of the six emirates of the United Arab Emirates. Being one of the largest oil producing countries, it is also known as The Land of Black Gold. Additionally, tourism is also one of the main sources of revenue for the economy of the emirates. The place is also famous for its time-honored cultural heritage. Being the most happening shopping destination, Dubai is also called the shopping capital of the Middle East. Besides shopping festivals, the place is renowned for sports events, business conferences and above all for enjoying holidays.

Dubai is eminent among tourists all over the globe. Since the number of tourists is increasing every year, the establishment of hotels has also increased manifolds. Starting from the luxury hotels in Dubai for the industrialists, business tycoons, celebrities, and spendthrift billionaires to affordable Dubai hotels for tourists and visitors, each of the hotels offers excellent services and splendid amenities. One can enjoy the mesmerizing stay in the Al Khaleej Palace, Grand Moov, Ramada Continental, Hawthorn Deira, Capitol, Metropolitan Deira, Ramee Royal and in other luxury dubai hotels that are prominent not only for the luxurious stay and but also for the sumptuous food. The state-of-the-art facilities, scenic beauty and comfortable lodging are the key aspects that give you life-long memories to cherish.

If money is not a constraint, then one must opt to stay in the Burj Al Arab. It is a 7-start hotel and the fourth largest hotel in the world. The hotel is 321m tall and constructed on the man-made island off the Juneriah beach. Besides other luxury Hotels in Dubai, the Burj Al Arab is the major center of attraction among tourists because of its shape. The hotel is built up as a sail of a ship. Corresponding to the wave shape of the Jumeirah Beach Hotel, the sail-shaped Burj Al Arab looks magnificent. Besides the Burj Al Arab, another 7-star hotel in Dubai is Atlantis, the Palm. It is located at Palm Jumeirah in Dubai and has an inbuilt theme park. There are 1539 rooms in the hotel. Still the largest among them is the Madinat Jumeirah. It is spread in an area of around 40 hectares with beautiful landscapes and gardens. What’s more! There are two boutique hotels in it, the Al Qasr and the Mina A’Salam.

The luxury Dubai hotels are well designed and cater to the needs of the wealthier section of the society so that can experience a lavish and extravagant stay while in Dubai. Book any of the luxury hotels in Dubai in advance to enjoy hassle-free and ravishing tour.

Demand for Luxury Rental Properties in Dubai Spiked in Q2 A New Analysis From Luxhabitat

Demand for luxury rental properties in Dubai spiked in Q2

According to a new analysis from Luxhabitat, a high-end property brokerage, secondary residential market transactions in Dubai remains stable in the second quarter of 2018. The market saw a total volume of AED 12.1 billion in Q2 when compared to AED 14.4 billion in Q1.

The data reveals that over 1,400 villas and 6,652 apartments were bought and sold in the quarter.

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The report also claimed that off-plan market activity in Dubai continued to stabilise in Q2. There were several new launches during the quarter that helped stabilise it.

Off-plan transaction volumes along with the overall number of transactions fell by almost 28% from the previous quarter according to Luxhabitat. There are a total of 80,000 units scheduled for completion in 2018.

The data indicate that secondary villa sales volume is double that of off-plan sales in the quarter while the prime residential market in Q2 totalled AED 3.5 billion.

Of the areas recognised by Luxhabitat as prime residential, Business Bay were the top performers in terms of sales volume. They made a total of AED 2.3 billion in transactions and were closely followed by Mohammed bin Rashid City. The latter had an operation of AED 1.9 billion while Dubai Marina had a total of AED 1.2 billion.

Ryan Kasper Luxhabitat’s rentals director noted that rental prices continued to fall across Dubai. He claims that it is due to the considerable demand for high-end, luxury rental properties. There has been a massive spike in this area.

Kwality was initially set up as an integration unit of Kwality Ice Creams India Ltd. A prominent Indian family then acquired it in 2002Nobody from Kwality’s headquarters in New Delhi was immediately available to comment on the planned closure. There has been no further statement made by the company on their decision and have also not mentioned when the withdrawal process will begin.

“This, in turn, has sparked a trend among landlords who are reinvesting and upgrading their properties to compete with the many new and modern developments recently handed over. So far, this year has reinforced that Dubai remains one of the most active and versatile rental markets in the world,” he said.

“We anticipate stabilising rental prices as we continue to adjust to the conditions of a maturing market, which should come as positive news for everyone,” he added.

By: Anuj Sharma

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