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Dubai is certainly considered to be the jewel from the Middle East. Every year tourists arrive to see the luxurious, the super-white beaches and, needless to say, the sensational shopping. With so many deciding to uproot and relocate to Dubai, property management opportunities are saved to the up.
Managing a home in Dubai involves numerous duties. These may include looking after a building, collecting rental payments, negotiating with both current and prospective tenants and general maintenance. Typical property managers collect a cut with the rent as high as 40 per cent.
But what is it about Dubai that is so popular with ex-pats? It makes up one of the seven emirates that form the United Arab Emirates (UAE), and the city has transformed itself from your humble fishing village with a business giant, as well as the commercial heart in the east.
The city of Dubai includes a well-deserved good reputation for luxury. One of just three with the world's seven-star hotels can be found here, while a holiday to a shops will quickly reveal the lavish wares available. And obviously, doncaster property management in Dubai echo this opulence.
The shopping needless to say is legendary - this is the place where Hollywood's A-list head when they wish to splash the money. Plus the annual Shopping Festival pulls in the crowds; plus Dubai's tax-free status allows you stretch your hard earned money that little bit further too.
The Dubai Shopping Festival is simply 30 days long festival where many local retailers will slash prices or give away free gifts to entice shoppers. It is a spectacle which is unlike everything else the world over.
Of course, Dubai property management is hard work inside present climate. Previously, the location suffered from a severe deficiency of rental units. This meant property managers in Dubai had their pick of tenants, and can increase prices to match demand.
At the start in the new decade, however, supply outstripped demand, and tenants had a lot of choice. This meant property management in Dubai became more competitive. But renting is still a trendy choice for first-timers to the town.
The confusing state of property law within the Emirate may be off-putting for several, and so the rental market in Dubai hasn't completely faded. The economic hub with the UAE means the location sees a good amount of people on temporary assignments that want a condo in Dubai.
Of course, Dubai has its drawbacks - the main one being its strict Muslim laws and customs. Property managers within the area may help prospective tenants to feel welcomed by advising them of local customs. Many landlords will likely be knowledgeable about the city, and may help newcomers settle in.
The city is tolerant of foreigners, but a recent spate of arrests highlights the call to be cautious. Visitors and expats should dress modestly in public areas, and ensure they are drinking alcohol within the designated areas only.
Dubai should be considered as one of the major successes with the Middle East. It still respects its traditional customs, religion and laws, yet has embraced the European lifestyle, making it an attractive option for many ex-pats. So for property managers in Dubai, it is a thriving opportunity.
Website: http://www.masonre.com.au/
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