Published on 26 September 2005 at 06:10 pm
Filed in Property News for Dubai » The Villa Dubai
International real estate investors interested in getting in on ‘the next big thing’ in Dubai are turning their attention towards properties for sale in and around Dubailand - the incredibly innovate multi dimensional theme park and entertainment complex currently being created in Dubai.
Dubailand will see visitor numbers to the emirate increase to 15 million by 2010 and will make Florida’s Disneyland and Orlando based theme parks pale into insignificance in comparison. The Villa is one of the most attractive and potentially prosperous residential real estate developments currently under construction in the immediate vicinity of Dubailand and one attracting serious international property investor interest.
The Villa is a development of a series of exclusive Spanish style villa residences set in their own grounds with private pools and gardens and offering residents direct access to all that Dubailand has to offer.
From a property investor’s perspective The Villa offers investors the chance to tap into incredible returns on investment throughout the build period and beyond, together with the chance to generate some of the most attractive, sustainable and increasing rental yields in Dubai from the growing numbers of tourists expected to flock to the delights of Dubailand.
Sheikh Mohammed Al Maktoum’s vision for the diversification of Dubai is further coming to fruition in the form of Dubailand which will be the world’s latest and largest entertainment destination featuring 45 mega projects and 200 sub-projects. Dubailand will cover in excess of two billion square feet of land when fully completed in 2018 and has been developed to take full advantage of Dubai’s shorter flying time for European and Asian tourists seeking the type of entertainment only previously offered in America.
Dubailand will tap into a tourism market with a combined GDP in excess of 1.1 trillion US dollars and the first phases of the massive complex will come online in 2006 with visitor numbers expected to grow continuously at least until the final 2018 completion date.
Property investors buying into The Villa, which is one of the most luxurious and beautifully designed residential developments in Dubailand are buying into this continuous predicted period of growth. By purchasing their villa units now, off plan, property investors are getting in at the lowest prices possible and will see a return on their investment by the first completion stages of the residential development in 2007 - and will see an increased ROI throughout the completion stages of Dubailand.
In terms of income potential from The Villa investors only have to track the returns investors made from properties in and around the theme parks in Orlando. In 2005 alone property prices in Orlando were up 36% and rental yields from the villas and houses closest to the theme parks in Orlando consistently generate their owners rental yields well in excess of 20% annually. Alternatively, investors examining the prospects available from The Villa can compare with those enjoyed by the first buyers on the Palm Jumeirah Signature Villas development in Dubai, some of whom have netted 450% returns on their original investment!
All in all The Villa, Dubailand offers international property investors examining the Dubai market the largest potential profits from their initial underlying investment and the most consistent ongoing rental yields likely chargeable from the intensification of international interest that will take place as all the phases of Dubailand come to completion and the entire development takes global centre stage as THE most exciting tourism and entertainment destination in the world.
