Property & Investment in Dubai: Your questions about the market

[arfie]

Originally Posted by True Blue

Still waiting on a big football event at DSC. They promised great things but nothing yet to draw the crowds.

Well here is a great opportunity. The Old Firm Derby of Rangers v Celtic is rated as the 3rd biggest derby match in the world. Due to Rangers being punished and dropped to the lower leagues, the 2 teams are unlikely to face each other for a few more years. Why does DCS not offer these cash strapped clubs some money to come and play for a challenge trophy? Even throw a few other big names into the mix to make it a crowd pulling tournament, maybe Liverpool and Everton, Tottenham and West Ham. Could squeeze it in during the winter break.

I know there are millions of Old firm fans around the world and also thousands of Rangers and Celtic fans in Dubai alone. So the time is right to steal the headlines. Dubai, are you big enough?

NO WAY a Rangers vs Celtic game will draw crowds in Dubai. Only place where Rangers vs Celtic is of any interest is Scotland sorry!! With there being no winter break getting Premiership teams is very unlikely.

[UAE Investor]

Originally Posted by True Blue

Don't come crying here when you get burned!

It was speculators and flippers that ruined the market back in 2007-8. No one knew what the real price of anything was at that time due to sheer speculation and avarice.

No intention of it, lets just say i did a bit of under cover work !

Just shows the money men/women are still out there..

If you have received Regret e-mail from EMAAR, then you can not enter the sale office until all other people with confirmed token finish.
If there are any units left after than of course you can buy. People are asking premium already, people who has gotten early numbers and willing to sell at premium.

Seems like a i can buy now,but only at a premium...

God i,m so slow ..i could,nt catch a cold ?
(well i can but..)

All crazy ,but maybe SSC is a negative place ...

Maybe Dubai is all go..and we can,t see it !

Maybe its all BS..

http://www.zawya.com/story/Dubais_ca...0130114121052/

[True Blue]

Originally Posted by arfie

NO WAY a Rangers vs Celtic game will draw crowds in Dubai. Only place where Rangers vs Celtic is of any interest is Scotland sorry!! With there being no winter break getting Premiership teams is very unlikely.

Completely disagree.

Rangers and celtic draw crowds from all over the world when they go on summer mid season tours. I went to New York and watched Rangers playing in a tournament with Brazilian teams Santos and River Plate and American MLS teams Chicago Fire and some others that I can't remember at this time. The Giants stadium holds 80k plus and it was around 60% full. USA is a fairly disinterested country for football but they got bums on seats and the tickets weren't cheap.

It wouldn't work in Dubai in summer due to the heat.

[arfie]

Originally Posted by True Blue

Completely disagree.

Rangers and celtic draw crowds from all over the world when they go on summer mid season tours. I went to New York and watched Rangers playing in a tournament with Brazilian teams Santos and River Plate and American MLS teams Chicago Fire and some others that I can't remember at this time. The Giants stadium holds 80k plus and it was around 60% full. USA is a fairly disinterested country for football but they got bums on seats and the tickets weren't cheap.

It wouldn't work in Dubai in summer due to the heat.

Disagree with you USA is not disinterested in football. All the main premiership and la Liga teams visit America for pre-season and crowds are usually pretty good nowadays hence why alot of teams go over there. Rangers vs Celtic just would not work in dubai. You want to bring abit of quality which Celtic and Rangers clearly aren't!

[Monument]

Originally Posted by UAE Investor

No intention of it, lets just say i did a bit of under cover work !

Just shows the money men/women are still out there..



Seems like a i can buy now,but only at a premium...

God i,m so slow ..i could,nt catch a cold ?
(well i can but..)

All crazy ,but maybe SSC is a negative place ...

Maybe Dubai is all go..and we can,t see it !

Maybe its all BS..

http://www.zawya.com/story/Dubais_ca...0130114121052/

Property prices in Dubai are stretching for one reason - it is the one of the few places in the region "people" feel comfortable investing. And there is a lot of money sloshing around the region looking for a safe home. Almost all other places feel insecure or impossible. That does not mean it is entirely safe in terms of its legal safeguards nor economic governance. Just better than its regional neighbours.

[True Blue]

Originally Posted by arfie

Disagree with you USA is not disinterested in football. All the main premiership and la Liga teams visit America for pre-season and crowds are usually pretty good nowadays hence why alot of teams go over there. Rangers vs Celtic just would not work in dubai. You want to bring abit of quality which Celtic and Rangers clearly aren't!

I'm not going to let you away with that final statement. I don't mind people having opinions but just making nasty statements for the sake of it doesn't win your argument. One of those teams is currently in the last 16 of the champions league. You don't get there on the strength of one good result against Barcelona. The other was recently in the finals of the UEFA cup. The only teams in England that have achieved the same standard have had to spend 20 times more money to bring in over paid fannies from anywhere but England.

http://www.fifa.com/classicfootball/...d=1023776.html

Rangers v Celtic holds the record for a league attendance. FACT!
Rangers home games currently against 3rd division teams still attract bigger crowds than the vast majority of Premiership games. FACT!
Rangers season ticket sales this season are in excess of 38,000. FACT!

Based on your closing statement you CLEARLY don't know any facts about the OLD Firm.

Post Script, The English leagues are full of ex Rangers and Celtic players managing your over rated clubs. Why could that possibly be?

[arfie]

Originally Posted by True Blue

I'm not going to let you away with that final statement. I don't mind people having opinions but just making nasty statements for the sake of it doesn't win your argument. One of those teams is currently in the last 16 of the champions league. You don't get there on the strength of one good result against Barcelona. The other was recently in the finals of the UEFA cup. The only teams in England that have achieved the same standard have had to spend 20 times more money to bring in over paid fannies from anywhere but England.

Post Script, The English leagues are full of ex Rangers and Celtic players managing your over rated clubs.

TB we can have this discussion outside this forum!!! There was no nasty statement - Quality in Scotland is poor!! A Rangers vs Celtic game will not generate interest in Dubai!!!

[UAE Investor]

DSc has had, very varied attendance's for the international cricket matches recently..ticket prices where not expensive either!

Teams where paid $3mil and $100,000 x 15 players appearance money (from memory?)..so some one would have to put up, those kind of sums...

TB, it might be well supported, but would the organisers loose there shirts ?

(Tranmere fan, bye the way...top of the league all season!!!!) (almost !)

[unknownpleasures]

Here's the screenshot of DSC website taken today...under events it shows >>>>>
no event!!! Checked back several times...still showing the same except shows they certainly don't update as an old ad for Octoberfest 2012 still shows...

[IMG]http://i46.************/157hgd3.jpg[/IMG]

[Mistermark]

Originally Posted by ahmedr

I was imagining a big number but that just blows my mind, thats almost as fast as Vegas grows if not more! Is that number official?

It may well be official. However, is it true? In Dubai, one does not follow from the other...

[UAE Investor]

Originally Posted by arfie

TB we can have this discussion outside this forum!!! There was no nasty statement - Quality in Scotland is poor!! A Rangers vs Celtic game will not generate interest in Dubai!!!

Hope we/i, have,nt upset him..!

[UAE Investor]

More Cricket in DSC Stadium...

Proud to confirm we will be hosting Kenya, Canada in a series of matches from the 11th - 21st March 2013 !!! Lots more exciting fixtures to be announced shortly, keep checking in !!!


https://www.facebook.com/pages/ICC-G...05177462892030



__________________

[True Blue]

Originally Posted by UAE Investor

Hope we/i, have,nt upset him..!

I had just realised that I was arguing with someone who didn't know the subject matter. Completely pointless getting involved in such discussions.

I have plenty of first hand experience of Old Firm derbies including screenings in Dubai. The bars always fill to capacity when they were screening them and empty immediately the footie ended. The same happened during the champions league screenings of Rangers fixtures. So to say that there would be no demand for it in Dubai is ridiculous.

SKY paid the league and the teams £10 million to screen each match as they can resell the matches around the world. As there is no league matches scheduled for the next 2 years, in my humble opinion, this would have been a great time for Dubai to exploit the extraordinary situation and get its self onto the world footballing map independent of its Emirates airline branding.

[arfie]

Originally Posted by True Blue

I had just realised that I was arguing with someone who didn't know the subject matter. Completely pointless getting involved in such discussions.

I have plenty of first hand experience of Old Firm derbies including screenings in Dubai. The bars always fill to capacity when they were screening them and empty immediately the footie ended. The same happened during the champions league screenings of Rangers fixtures. So to say that there would be no demand for it in Dubai is ridiculous.

SKY paid the league and the teams £10 million to screen each match as they can resell the matches around the world. As there is no league matches scheduled for the next 2 years, in my humble opinion, this would have been a great time for Dubai to exploit the extraordinary situation and get its self onto the world footballing map independent of its Emirates airline branding.

Usual TB NONSENSE Old firm derbies only matter in Scotland mate

You living in cooky land to think Dubai would exploit the possibility of an old firm match in DSC!!!!!

[UAE Investor]

DSC soccer Stadium is,nt quite finished yet...(60,000 capacity)

Football games have been played in the Round-ISH Cricket Stadium (25,000 capacity)

maybe there,s another big stadium in Dubai ?


http://www.skyscraperlist.com/showthread.php?494

[True Blue]

Originally Posted by arfie

Usual TB NONSENSE Old firm derbies only matter in Scotland mate

You living in cooky land to think Dubai would exploit the possibility of an old firm match in DSC!!!!!

Instead of repeating the same unsubstantiated bollox, try and come up with some facts on the matter.

I gave you a link from FIFA's web site stating that it was one of the most important fixtures in the world. Their isn't a country in the modern world that doesn't screen the matches. Give me some counter evidence instead of your personal opinion on Scottish football?

Dubai is always portraying itself as a new venue of major sporting events. We have the Golf, the Tennis, The cricket and the Rugby Sevens. How does it propose to tackle an entry into major name football challenge trophies? Here is a perfect opportunity!

Arfie, if you don't know the answer then please refrain from your continual defamation of the Scottish game.

[arfie]

Originally Posted by True Blue

Instead of repeating the same unsubstantiated bollox, try and come up with some facts on the matter.

I gave you a link from FIFA's web site stating that it was one of the most important fixtures in the world. Their isn't a country in the modern world that doesn't screen the matches. Give me some counter evidence instead of your personal opinion on Scottish football?

Dubai is always portraying itself as a new venue of major sporting events. We have the Golf, the Tennis, The cricket and the Rugby Sevens. How does it propose to tackle an entry into major name football challenge trophies? Here is a perfect opportunity!

Arfie, if you don't know the answer then please refrain from your continual defamation of the Scottish game.

Yeap TB Dubai is always portraying itself as venue for MAJOR SPORTING EVENTS!! The old firm derby is no major sporting event outside Scotland even more so now that Rangers are no longer in the premier division!! You are intelligent enough to know Scottish game is in a mess so its one of the last things the DSC authorities would think of to raise profile!!!

[n7chap]

Has any landlord put up the rent on their apartment ignoring the Rera law on rent increases?

Has anyone been taken to court by their tenant?

I have an apartment in JLT with a long term tenant and can't up the rent up. The Rera index does seem to keep up with what us going on in terms of rental movements.

[Dubai_Steve]

Maybe this advice from TB will help you

Originally Posted by True Blue

It's surprising how many people who are RERA registered agents and who don't understand the laws regulating their domain. I am having this issue with BH as they said last year that I was unable to increase my rent in the first year "that is the law". Seems not!

http://www.dubailand.gov.ae/english/...Indicator.aspx



The key is the fact that Law no 62 was passed for rents that existed before the end of 2010 and were to be renewed in 2011. If the rental commenced in 2011 then it is not a renewal and therefore the law can not be applied. It specifically states that it only covers renewals in 2011 and not renewals in general therefore it can not be applied to renewals in 2012 or 2013. Consequently, if you try to use the increase calculator for renewals happening in 2013 it just returns an error, "calculator is updating data" or something like that.

This seems to have been allowed to lapse as there was no need for it any more. Rents fell in 2010/11 and therefore the authorities saw no need to maintain it. Now rents are on the increase again, there may be calls to amend law 62.

In the meantime you must give your tenant 90 days notice of an increase to the rental during which time if the tenant does not feel the increase is fair, then they have the right to take the dispute to the rent tribunal for a decision.

[Dubai_Steve]

The Dubai real estate sector has recorded a price increase of up to 30% in the premier locations during 2012, according to Hamptons MENA, the premier property services company.

The Hamptons MENA 2012 property report records that on average property prices increased by 20 to 30% across the market, while well-established neighbourhoods such as Downtown Dubai and The Palm Jumeirah witnessed an upward trend in price to the range of 30%.

The most significant price increase was noted for villas, such as in Arabian Ranches, the masterplanned community by Emaar Properties, which led the growth in values during the year. High-end apartments in Downtown Dubai and Emirates Living also reported price appreciation, highlighting the growing investor confidence led by a buoyant market.

........

http://www.ameinfo.com/property-pric...-growth-327661