| What initially seemed to be a curse for Dubai's | | | | to the needs of about 10K tenants. There is no facility |
| economy - an apparent shade of the ongoing | | | | of showers or changing rooms across the beach and |
| worldwide recession - has recently started unfolding | | | | only electric kitchen appliances are made available to |
| better avenues for property buyers and renters. While | | | | the tenants - a couple of negatives to be aware of. |
| much of Dubai's fundamentals remains as it is, including | | | | The rest of Dubai Marina has much of the same |
| trade and commerce and the recreation and hospitality | | | | lifestyle to share across its length and breadth, with the |
| sector consisting of the much famed leisure outlets | | | | additional adage of a newly opened Metro station that |
| and Dubai hotels, there has been a noticeable drop in | | | | one could easily walk down to catch periodic trains |
| the valuation of the freehold properties and the rentals | | | | elsewhere. The marina has no dearth of recreational |
| across the region, hence giving the accommodation | | | | outlets and Dubai hotels of world class standard. |
| seekers an obvious edge over the real estate dealers. | | | | Jumeirah Lake Towers - a cluster of 79 towers built |
| People can easily move to those areas today they | | | | alongside four artificial lakes - is yet another option for |
| could have hardly even thought about a year ago. | | | | residing by Dubai Marina's neighborhood. JLT has a |
| According to the latest figures, a vast over-supply | | | | proximity to the Palm Jumeirah and Marina Mall and |
| dominates the freehold segment of Dubai's real estate | | | | the facilities like private parking and 24-hour security. |
| currently, thus allowing the tenants to decide the areas | | | | Besides, the nearest Metro station could be reached |
| and the kind of accommodation they might be willing to | | | | by the tenants easily, as in marina's case. |
| move into. Dubai has always had to cope with an | | | | Among all the above mentioned localities, Discovery |
| ever-increasing demand for accommodation in various | | | | Gardens is perhaps the cheapest one in today's |
| segments, including that in villas, apartments and Dubai | | | | context. It has much open landscape and private |
| hotels, and has been witnessing an over-supply in the | | | | parking, apart from the proximity to Ibn Battuta Mall, to |
| freehold segment only recently. | | | | make it sound habitable. There is a lot more to be |
| Some of the areas to look around for staying and | | | | looked around for elsewhere in the areas, such as |
| move in are Dubai Marina, Jumeirah Beach Residence, | | | | Springs, Arabian Ranches, Al Barsha, International City, |
| Jumeirah Lake Towers, Discovery Gardens, Springs, | | | | Bur Dubai, Karama, Mirdif and Al Nahda. They too will |
| Arabian Ranches, Al Barsha, International City, Bur | | | | have access to recreational outlets and Dubai hotels |
| Dubai, Karama, Mirdif and Al Nahda. Jumeirah Beach | | | | of world class standard. Dubai's growth refuses to be |
| Residence has been built over a 1.7 kilometer long | | | | tamed down irrespective of the worldwide recession |
| stretch of Dubai Marina's coast. The township has a | | | | and its shadow within. Even a slowdown will have |
| European ambiance to live in and easy access to five | | | | something to cheer about, as this story about the |
| star Dubai hotels and eateries across The Walk. JBR | | | | changing scenario of Dubai's real estate suggests. |
| has 40 towers - 36 residential and 4 hotels - to cater | | | | |