Sunday, June 07, 2009
Period Limit for construction is Extended For UAE Nationals
The government of UAE is wholeheartedly supporting the real estate sector to re establish the investor’s confidence. The newly announced policy regarding the grant of relaxation in the period of property construction is a right step forward. Khaleej Times one of the most famous newspaper of UAE reported on 7 June 2009 that “His Highness Shaikh Mohammed bin Rashid Al Maktoum, Prime Minister and Vice-President of the UAE and Ruler of Dubai, has ordered an additional five-year extension time for construction on the land granted for UAE nationals.UAE nationals who have acquired land from the Mohammed bin Rashid Housing Establishment (MRHE) will receive an extra five years to build on their land. The same ruling applies to UAE nationals who have acquired their land before the founding of the housing establishment, said Sami Gargash, Executive Director of the MRHE, according to a statement on Saturday. The period would otherwise have ended by February 2010”.
Wednesday, February 18, 2009
The Five W’s of Real Estate Training
Who?
Who can and who should take the real estate training or course?
Practically anyone who wants to make a career in the property industry can choose to go for the training. If one feels that they can carve their niche in the property sector and have what it takes to excel in the profession, a good real estate course will be of crucial importance.
Amid the current financial recession when all industries appear to be toppling, property industry is still somewhat stable. Although there is an evident slowdown in the industry, yet it is growing. So the requirement for real estate professionals has not eroded and every property company needs a property professional. Today, when career opportunities in other professions show a great deal of saturation, the potential of real estate industry is slowly dawning upon people who are now taking up real estate training courses to enter this vast field of opportunities.
What?
What are the real estate training courses about?
Real estate of course! Every country of the world has its set real estate laws and ordinances. These laws may vary largely from country to country, and also from city to city within in a country. This is one reason why it is important for a real estate professional to not only become aware of, but also have a deep insight into his region’s property laws and regulations. The real estate training courses consist of a series of classes or lectures which cover anything and everything about real estate in your region. The courses are designed, handled and delivered by the area’s real estate experts with vast experience of the local property market. The most common things covered in the property training are the property laws governing your area’s real estate industry, your responsibilities as a real estate agent, and the types of real estate present in your zone of operation. The courses are also designed to hone your buying and selling skills as a property agent.
Where?
Where are the real estate training courses available?
Probably not far from you. These courses are gaining popularity around the world and many established property companies and agencies have taken this initiative. Not only established real estate companies, but also experienced property professionals have started educationg people about the property business and its ethics with a special focus on the latest real estate trends of their own region’s property industry. So it’s very probable that after a brief search, you’ll be able to find a property company, agency or individual offering this course near your house or somewhere else in your city. And if you don’t, there are numerous real estate training courses available online in which anyone can enroll with ease. All it takes is a little online search and you’ll come across innumerable options. Most people consider online course more convenient than the classroom study as you can study at your convenience without having to rush for taking classes. It saves you the time and hassle of the traditional classroom study. Many online universities and institutions have even started bachelor and master degree programs in real estate development and management.
When?
When can you enroll for the course? How long does it take to complete?
It depends on various factors. Your choice between online and classroom study, the mode of training, and the trainer’s discretion, all these factors come into play. The best way to find an answer to this question is to visit the trainer in person if it’s an offline (classroom) course, or to visit the website of the trainer if it’s an online course. The websites of educational institutions bear all the details of the courses they offer including the course objective, outline, duration, and choice. One trainer may offer more than one property training course at a time designed for different individuals as per their requirements, suitability and market exposure.
Why?
Why should you take this course?
Well, we’ve already discussed it in the 1st answer. One definite answer to this question is that the property market is still booming when the other industries appear to be falling down in the current financial recession. As the industry is expanding, there’s more and more room for real estate professionals in it. Taking a real estate training course can help you make a career in this booming sector and excel professionally.
Who can and who should take the real estate training or course?
Practically anyone who wants to make a career in the property industry can choose to go for the training. If one feels that they can carve their niche in the property sector and have what it takes to excel in the profession, a good real estate course will be of crucial importance.
Amid the current financial recession when all industries appear to be toppling, property industry is still somewhat stable. Although there is an evident slowdown in the industry, yet it is growing. So the requirement for real estate professionals has not eroded and every property company needs a property professional. Today, when career opportunities in other professions show a great deal of saturation, the potential of real estate industry is slowly dawning upon people who are now taking up real estate training courses to enter this vast field of opportunities.
What?
What are the real estate training courses about?
Real estate of course! Every country of the world has its set real estate laws and ordinances. These laws may vary largely from country to country, and also from city to city within in a country. This is one reason why it is important for a real estate professional to not only become aware of, but also have a deep insight into his region’s property laws and regulations. The real estate training courses consist of a series of classes or lectures which cover anything and everything about real estate in your region. The courses are designed, handled and delivered by the area’s real estate experts with vast experience of the local property market. The most common things covered in the property training are the property laws governing your area’s real estate industry, your responsibilities as a real estate agent, and the types of real estate present in your zone of operation. The courses are also designed to hone your buying and selling skills as a property agent.
Where?
Where are the real estate training courses available?
Probably not far from you. These courses are gaining popularity around the world and many established property companies and agencies have taken this initiative. Not only established real estate companies, but also experienced property professionals have started educationg people about the property business and its ethics with a special focus on the latest real estate trends of their own region’s property industry. So it’s very probable that after a brief search, you’ll be able to find a property company, agency or individual offering this course near your house or somewhere else in your city. And if you don’t, there are numerous real estate training courses available online in which anyone can enroll with ease. All it takes is a little online search and you’ll come across innumerable options. Most people consider online course more convenient than the classroom study as you can study at your convenience without having to rush for taking classes. It saves you the time and hassle of the traditional classroom study. Many online universities and institutions have even started bachelor and master degree programs in real estate development and management.
When?
When can you enroll for the course? How long does it take to complete?
It depends on various factors. Your choice between online and classroom study, the mode of training, and the trainer’s discretion, all these factors come into play. The best way to find an answer to this question is to visit the trainer in person if it’s an offline (classroom) course, or to visit the website of the trainer if it’s an online course. The websites of educational institutions bear all the details of the courses they offer including the course objective, outline, duration, and choice. One trainer may offer more than one property training course at a time designed for different individuals as per their requirements, suitability and market exposure.
Why?
Why should you take this course?
Well, we’ve already discussed it in the 1st answer. One definite answer to this question is that the property market is still booming when the other industries appear to be falling down in the current financial recession. As the industry is expanding, there’s more and more room for real estate professionals in it. Taking a real estate training course can help you make a career in this booming sector and excel professionally.
Sunday, January 04, 2009
A city profile: Al Ain - The Garden City of the Gulf
Al Ain is the largest city in the Eastern Region of the Emirate of Abu Dhabi, is the home of UAE University and two major flight academies, is connected with excellent roads and highways to other cities of the Emirates, especially to Abu Dhabi (150 km east) and Dubai/Sharjah (140 km southeast) and borders with Omani town Buraimi as its twin city (Muscat is only few hours drive away).
In 1997 the City was placed second in the world wide competition “Nations in Bloom” in its category for communities of 50,000 to 300,000 population for achievements in landscaping, heritage management, environmental practices and its future planning.
Population and trends:
The population of Al-Ain has grown over 400,000 mark and had reached 341,300 in 1998 from 171,000 in 1985 and 120,000 in 1980 (The Planning Department of Al-Ain). The development and urbanization process has gone through a well thought-out master plan.
Physical characteristics of the city are dominated by major road and street network with roundabouts; horizontal expansion (building heights restricted to max. 4 stories); extensive vegetation and landscape; public gardens and distinctive existence of oasis within the urban fabrics.
Income groups:
According to a survey of visitors to the annual Al-Ain festival, 30% earn Dhs 6-10,000 or more and 33% Dh 3-6000 (Al-Ain Tourism Festival Survey 2003) that shows a strong middle class with fair to good buying power.
Al-Ain has a large industrial area with medium to large size industries and is surrounded by agriculture, dates farming and water and milk plants. It uses the ancient but efficient non-mechanized “falaj” irrigation systems that developed into major date plantations in a modern day Al-Ain.
Economic growth:
The following news item, published in Khaleej Times (Dubai, May 18, 2004) reflects the tremendous growth witnessed by the city:
Al Ain, the garden city of the Gulf, is witnessing a tremendous boom in different economic sectors and social activities.
According to the Annual Statistical Book of the Al Ain Municipality and Town Planning Department, in 2002 the Department has issued 1062 new construction licenses (874 in 2001), only 53 of them governmental, 12902 trade licenses including 2556 for restaurants (2904 in 2001), and to maintain its position as the ‘bridesmaid of the world cities’, the number of parks increased to 26, covering an area of 4,138780 square meters, and raised the number of date palm trees to 1,04865.
Since the piece was written, a flight academy and a new large shopping mall has been added to the city besides a large number of small and middle size businesses and numerous housing compounds and new buildings, plus a five star Sheraton Hotel is also under construction.
Source: http://www.alaintimesuae.com/
In 1997 the City was placed second in the world wide competition “Nations in Bloom” in its category for communities of 50,000 to 300,000 population for achievements in landscaping, heritage management, environmental practices and its future planning.
Population and trends:
The population of Al-Ain has grown over 400,000 mark and had reached 341,300 in 1998 from 171,000 in 1985 and 120,000 in 1980 (The Planning Department of Al-Ain). The development and urbanization process has gone through a well thought-out master plan.
Physical characteristics of the city are dominated by major road and street network with roundabouts; horizontal expansion (building heights restricted to max. 4 stories); extensive vegetation and landscape; public gardens and distinctive existence of oasis within the urban fabrics.
Income groups:
According to a survey of visitors to the annual Al-Ain festival, 30% earn Dhs 6-10,000 or more and 33% Dh 3-6000 (Al-Ain Tourism Festival Survey 2003) that shows a strong middle class with fair to good buying power.
Al-Ain has a large industrial area with medium to large size industries and is surrounded by agriculture, dates farming and water and milk plants. It uses the ancient but efficient non-mechanized “falaj” irrigation systems that developed into major date plantations in a modern day Al-Ain.
Economic growth:
The following news item, published in Khaleej Times (Dubai, May 18, 2004) reflects the tremendous growth witnessed by the city:
Al Ain, the garden city of the Gulf, is witnessing a tremendous boom in different economic sectors and social activities.
According to the Annual Statistical Book of the Al Ain Municipality and Town Planning Department, in 2002 the Department has issued 1062 new construction licenses (874 in 2001), only 53 of them governmental, 12902 trade licenses including 2556 for restaurants (2904 in 2001), and to maintain its position as the ‘bridesmaid of the world cities’, the number of parks increased to 26, covering an area of 4,138780 square meters, and raised the number of date palm trees to 1,04865.
Since the piece was written, a flight academy and a new large shopping mall has been added to the city besides a large number of small and middle size businesses and numerous housing compounds and new buildings, plus a five star Sheraton Hotel is also under construction.
Source: http://www.alaintimesuae.com/
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