THE THE FIRST GROUP BRITISH COMPANY, WHICH WORKS ON THE INTERNATIONAL REAL ESTATE MARKET FOR OVER 20 YEARS, TRUE THE RIGHT TO BE CALLED ONE OF THE LEADERS OF THE INDUSTRY IN THE EXTREME OF VEGETABLE ORANGE.
Year after year, the crown of the most brilliant emirate is framed by more and more unique and luxurious buildings, which at the same time are a profitable investment for lucky people who dream of moving to this paradise of the world. One desire - many possibilities!
What's new in Dubai?
Let's start, as always, with good news about the Dubai real estate market. It is worth recalling that this sector of the economy in the emirate was recognized as one of the most "transparent" in the region of the Middle East and North Africa. According to a study by Jones Lang LaSalle, Dubai has consistently held leading positions in the Middle East region in terms of price-quality ratio, cost-effectiveness, convenient location and good-quality real estate.
According to the rating of the international consulting company Cushman & Wakefield, Dubai was included in the ranking of 25 cities in the world, the most promising in terms of investment in hotel real estate. The reason for this was the fact that during the period from the 3rd quarter of 2011 to the 2nd quarter of 2012, the total amount of investments in this sector of the market exceeded US $ 3.9 billion. Moreover, Dubai became the only city in the Middle East mentioned in this rating.
If we talk about the profitability of housing in Dubai, then according to recent studies, this figure is 6% - 7%, while the global average fluctuates around 5%. At the same time, according to data from the Reidin information group, the payback on housing in Dubai today exceeds even the payback on real estate in central London. "The rate of return on real estate acquired in Dubai today is quite high, which is pushing investors to buy new real estate," experts say.
Objective statistics also indicate that recently, the flow of foreign capital into the real estate sector of Dubai has been steadily increasing. "The influx of foreign capital in the real estate sector in Dubai has recently increased significantly. Mostly, investors are interested in acquiring elite real estate in the emirate," analysts said. It should be noted that forecasts for the development of the tourism industry in the UAE are also positive. Over the next 20 years, international tourism in the region will continue to intensively develop and increase momentum. According to the UN World Tourism Organization, the flow of foreign tourists to the Middle East will increase by 145% and will reach 149 million people by 2030. For comparison, today this figure is 61 million people. This is good news for Dubai, which continues to attract tourists from all over the world year-round. So, in 2011, the emirate was visited by 9.3 million tourists. Revenues of the hotel sector amounted to almost 16 billion dirhams (US $ 4.4 billion) and increased over the past year by 20%.
Perpetual desire for growth
Dubai, aimed only at active growth and prosperity, does not get tired of delighting its residents and guests with new housing estates growing in popular tourist areas. Embedded in the Gulf coastline, the world's largest artificially created harbor, Dubai Marina and the surrounding area, are today one of the most desirable residential addresses. Leading developers are trying to offer their best projects there. Recently, The First Group announced the launch of its new facility, TFG Marina Hotel. Why exactly in Dubai Marina?
And what will TFG Marina Hotel be like? First things first. To begin with, it should be noted that Dubai Marina is today one of the most popular new areas, offering all the best for modern urban life by the water, including competent infrastructure and breathtaking views of the expanse of the man-made harbor of the same name. Perfectly suited for a comfortable life and relaxation, this area is also extremely attractive for investors who can save and increase their capital. Affluent people from around the world prefer to purchase and buy housing in Dubai Marina, so over the years of its existence, this area has managed to earn a reputation as one of the most prestigious in Dubai, and the housing community formed in it can only be called "elite".
The First Group, an international developer, offers the opportunity to invest in its latest project - TFG Marina Hotel. What will distinguish this project from many others being built around Dubai Marina? Firstly, the hotel is located in the center of the popular pedestrian boulevards Marina Walk and JBR Walk, which are home to branded designer boutiques, as well as restaurants and cafes in the open air, offering its guests a wide range of shopping and leisure opportunities. Just five minutes walk from the hotel are clean sandy beaches. Fast and convenient access to the main highways and the Dubai Metro Station allows you to get from the hotel to any part of the city.
Secondly, TFG Marina Hotel, which meets international standards for the classification of 4 stars, will accommodate 519 rooms, 274 of which are studios and 245 rooms are one-bedroom apartments. All rooms have a private kitchenette. For the convenience of those staying at the hotel - an exclusive club, a rooftop swimming pool, a terrace for sunbathing and an ultramodern sports hall with all the necessary fitness equipment.
The hotel will create a spacious underground parking that exceeds the minimum standards set for hotels in the area. The final number of parking spaces will be determined before the start of construction work.
Taking into account the declared amenities, the developer particularly notes that this project is a hotel and not hotel apartments in the usual sense of the word. The convenient location of the TFG Marina Hotel in the heart of the vibrant Dubai Marina, according to experts, will maximize the occupancy of its rooms and profits, due to the attractiveness and convenience of the hotel, both for traveling businessmen and vacationers.
Bringing an annual profit, which is determined by the occupancy level of the hotel (and in the first half of 2012, Dubai showed the highest occupancy rate in the region of hotel rooms - 83%), TFG Marina Hotel will also allow investors to spend up to 2 weeks during the year on their own. TFG Marina Hotel will be operated by an international hotel operator providing a luxurious 4-star service. His name will be announced by the developer before the commissioning of the facility.
As a new format of investment in real estate, the acquisition of private rooms and apartments in a hotel for rent has already gained great popularity in Dubai, as it provides higher returns compared to bank deposits, and also has greater reliability against the background of instability in stock markets. The owners of all rooms at TFG Marina Hotel will receive full ownership (freehold) on them, in accordance with the status assigned to the land for this project. This beautiful new hotel, which will soon appear in the Dubai Marina area, will be advertised worldwide through the extensive network of sales offices of The First Group.
Recall that in addition to the TFG Marina Hotel, in the apart-hotel segment, The First Group also offers such facilities as First Central, Metro Central and Grand Central.
Every day - a notch
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 offers special Dubai tours that will allow you to get to know this stunning center of luxurious life in person and admire its splendor and splendor. 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. In general, it is better to see once than hear a hundred times.
For those who still doubt, the developer offers to make an unforgettable virtual viewing tour, which will open for you a bird's-eye view of the “best city of the Earth”. Your pilot on this journey will be the sports star and The First Group ambassador - Andrey Shevchenko, who manages to shine everywhere - on the football field, and on the red carpet, and in the sky over Dubai.
All details about The First Group offers can be found on the website: www.thefirstgroup.ru
For more information about the projects you are interested in, please contact the customer support service in Dubai by phone: +971 (0) 4 455 0281
