[DPI] Know your Dubai Property Value in 2011

	Dear Valued Customer SPF Realty would like to wish our valued clients, friends, and new acquaintances a Happy New Year and successful 2011. 2011 is off to a great start and we would like to start off the New Year with our newsletter to address Dubai / UAE Property Market News and information on SPF Realty services that may be of interest to you or to your friends, colleagues and business partners. At SPF Realty we acknowledge and appreciate that many of you have trusted and been with us over the years, we have always managed to provide our best of service to you and will continue to do so.. If there is anyone who you feel would require our services please do give them our details and feel free to pass on this newsletter to them to give them some details on who we are and what we can do for them. Once again we wish you the best for 2011 and we will keep in touch and are always available for any of your property and investment needs. With Best Regards SPF Realty
		Any person who is connected and has the slightest concern with the Dubai real estate business, must know that a hesitant buying pattern was in vogue in Dubai real estate sector in 2010. Emperors could not manage to invite investors to buy properties in Emirate. Although within couple of years, the price graph of buying a property in Dubai has fallen down by 50-60% but still Dubai has potential to make the big deals in residential property sector. In spite of uncertainty, all the investors are not skeptics, I happened to get news that in 2010 there is some pertinent demand and people want to get residential properties in Dubai. Let’s unveil an anecdote that is revealing a top notch residential deal of 2010. A villa situated in Dubai Investment Park was sold and reported as the biggest residential property deal in 2010 for Dh28 millions. The story line has directly come from Dubai Land Department (DLD) as this department has registered this deal. The story of glorious deals do not end over here, there were two more expensive deals that were registered with DLD following this deal. These deals are of apartments existing in Business Bay and Dubai Marina worth of Dh26.78 million and Dh15.66 million, respectively. The first biggest deal of villa in Dubai Investment Park was registered in December 2010 while the later two deals were reported in October and December respectively. Connoisseurs are hopeful after these deals and we all should also not consider Dubai property market, a drowning ship, anymore. According to the data given by DLD in 2010, out of the top 24 deals registered, 10 are in Dubai Marina, 7 in Business Bay and 6 in Palm Jumeirah. I think if you have a sound investment plan over there, this blog post is giving you a right idea about where to invest in Dubai. At the same time, I want to let you know that sales prices for residential properties in Dubai have declined in 2010 such as partment prices declined by 1.12 percent and villa prices fell around 0.81 percent. The prices have fallen but Dubai has managed to come up with biggest sales deals in residential property sector. Dubai is oversupplied with the residential and commercial property units and the demand is not up to that limit. Dubai rental market is also down but I hope after reading about all these big deals we all will be confident regarding our investments in this real estate sector. Through our investments in Dubai real estate today we can grab higher ROI in future.

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