DUBAI IS A CORNER OF THE WORLD WITH UNEXPECTED OPPORTUNITIES FOR TRAVELING TRAVELS, BUSINESS DEVELOPMENT AND REAL ESTATE INVESTMENT. THIS CITY THAT AMAZES ITS UNIQUENESS, INNOVATION, COSMOPOLITICALITY AND CONSTANT PURPOSE ONLY AHEAD. Over the past years, it has become a real symbol of success and prosperity not only in the Arab Emirates, but in the whole Middle East.
Combining different cultures and traditions, at the crossroads of the East and West, the emirate offers a fundamentally new quality of life, which today is becoming available to many. You can be sure that you are looking forward to here. The well-known developer of The First Group, which has been operating on the international market for more than 20 years, is ready today to make an offer to future residents of the UAE for any, even the most demanding, taste. All so that you feel at home in Dubai.
Fast and steady growth
The hot summer months, especially in the Middle East, are considered to be the "dead" season, but not in Dubai. On the contrary, the emirate, stunning the imagination with its modern architecture and the proximity of the gentle sea, has recently become a year-round tourist destination. According to the international company Jones Lang LaSalle, in the first half of 2012, the average occupancy of Dubai hotels was 83%, and the revenue for an affordable room (RevPAR) was 778.04 dirhams (US $ 212.57), which is 4% and 13% accordingly exceeds the data of the same period last year. The average rate per room increased in the current half year by 7% and reached US $ 932.12 compared to the first half of 2011. It is worth emphasizing that currently 54.3 thousand hotel rooms are offered to accommodate tourists in Dubai, and another 11 thousand rooms will be built before 2014. No less encouraging forecasts today are made in relation to the real estate market of the emirate. Admittedly, Dubai has entered a phase of active recovery in this sector of the economy. Investors are returning to the UAE market, primarily interested in acquiring high-quality housing in prestigious areas, promising in terms of profit.
One of the most popular areas for both sale and rental of residential real estate remains the Dubai Marina quarter, whose skyscrapers rise above a beautiful artificial harbor filled with snow-white yachts. In August of this year, rental rates for real estate in this area increased by 15%, and in July this freehold territory became one of the leaders in property sales. Along with Downtown Dubai and Jumeirah Lakes Towers, it brought 1,800 transactions, or 67% of the total market, to the piggy bank of the real estate market. The pace of development in Dubai has attracted enormous attention of market professionals, which is spurred by the growing interest of investors looking for ways to profitably invest. According to the Wealth Report 2012, compiled by Knight Frank and Citi Private Bank, this year Dubai was recognized as the 13th most important global city in the world and the 8th fastest growing city in terms of value for people with high net worth. In addition, he took 10th place in the world in quality of life, surpassing Barcelona, Madrid, Vienna, Toronto and Dallas.
Obviously, excellent working conditions, freedom from paying taxes and everyday comfort contribute to the influx of people into the emirate. The American bank Merrill Lynch predicts that the population of Dubai will grow by 6.1% over the next 8 years, and the number of tourists by 2020 will increase from the current 9.3 to 20 million per year. The growth of the emirate as one of the largest transport hubs in the world will greatly contribute to this. In the first half of the year alone, Dubai International Airport served 27.9 million passengers and expects to reach 56.5 million by the end of this year. And in 2013, the airport capacity will be 75 million people. And in the future, the volume of passenger traffic will only increase. Thus, we can state the fact that Dubai - one of the fastest growing world centers - according to all forecasts, will continue its dynamic development in the coming years. A reflection of this process will be an increase in investment in the real estate market and, as a result, an increase in the income of owners from the rental of premises.
Stable and reliable partner
The First Group international developer, a company with vast experience, a brilliant portfolio of assets and a well-deserved reputation, offers the opportunity to invest in its latest project - TFG Marina Hotel. It is located in the man-made bay of Dubai Marina, which is the second largest building of this type in the world. Despite the fact that the hotel is located right by the water, it is accessible from anywhere in the city due to its proximity to the metro station and the main highway of the metropolis - Sheikh Zayed Road.
On 32 floors, 497 luxuriously furnished apartments were rebuilt, each of which is equipped with all necessary equipment. From the spacious lounge on the ground floor it is easy to get to any of the nearby restaurants, of which there are a great many within walking distance. Directly to the tower TFG Marina Hotel adjoins the "Club House" with a huge gym and a rooftop pool. Thus, being in the very center of the Middle East, each guest will be able to discover the European lifestyle of the highest quality and try for themselves a piece of life a notch. Ask the Europeans who arrived here from the French Riviera. Surely they will confirm to you that in this corner of Dubai they really feel at home. Bringing an annual profit, which is determined by the occupancy level of the hotel, TFG Marina Hotel will also allow investors to spend up to 2 weeks during the year on their own.
Rewards program
Real estate investing at The First Group is not just about investing money. By joining a team of leaders, you become a member of an exclusive club. Thanks to the unique Titanium VIP-card, which entitles you to a number of discounts and privileges in the metropolis that grew on the shores of the Persian Gulf and beyond. She will provide all owners with VIP seats and discounted tickets for amazing performances at The First Group Theater in Madinat Jumeirah. VIP Titan card holders can also buy discounted tickets for sporting events at Dubai Sports City.
Always New Dubai
The pace of development of Dubai is amazing. Tourists who come here annually cannot help but be amazed at the radical changes and the appearance of new skyscrapers, and its permanent residents - regularly updating the road network and constantly discovering new routes for themselves. The First Group company offers special study tours in Dubai, which will allow you to get acquainted with this amazing center of life in person and admire its magnificence and brilliance. It is impossible to make a complete picture of him in newspapers and guidebooks, because, as noted earlier, he is constantly changing and never stands still. The tour includes three stunning days and two nights in one of the busiest cities in the world, a trip to the most incredible construction sites and attractions, many of which are the emirate's fame. As a nice addition - a virtual balloon flight over the sands where copper is mined, or a virtual helicopter tour of the tallest building in the world - the Burj Khalifa skyscraper or a day catamaran boat trip. In general, it is better to see once than hear a hundred times. Together with the “First Team” - The First Group!
