Dubai hotels are still hot
Even when the ultra-luxurious Dubai hotels have also experienced a downturn against the global recession crisis, Dubai holidays remain hot as a holiday destination with growing demand from worldwide tourists.
You might have only imagined that hotels in Dubai are for those wanting to holiday in the world's most modern destination. However, these 5 star properties can also provide the shrewd investor with a sound and steady return on his capital.
Many Dubai hotels have been attracting international investors for years. The Jumeirah Palm Resort proved an enormous success, when the construction began on the Palm Jumeirah island (in June 2001) and developers announced handover of the first residential units (in 2006). Since then other fabulous developments have been popular with holidaymakers and investors alike.
However, in common with other hotels around the world, Dubai hotels have also suffered in the global downturn. Until recently an investment in a Dubai hotel could net a return of up to 35% p.a. However, such rates have suffered a pounding recently due to fewer Dubai holidays being sold.
At present there are few investors releasing their property in Dubai, not wishing to take a loss common in all markets recently. A lack of credit, with banks unwilling to lend to all investors, has meant that many who wish to invest in Dubai hotels have been left frustrated.
What is the future for those wishing to invest in Dubai hotels? In the short term, many hotels have had to reduce their prices in order to maintain market share and keep room occupancy rates high. This had seen a 5% increase in the number of guests enjoying a Dubai holiday.
In the longer term, hotels in Dubai are in a good position to weather adverse market conditions due to the underlying soundness of their assets. Dubai hotels have created new standards of luxury and comfort which are becoming the new benchmark that the discerning traveller requires.
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Indulge in a shopping spree in Dubi or hop on the metro to Jumeirah Beach and soak up the sun .
- Free shuttle service to Jumeirah Beach
- Complimentary wireless internet access is available in public areas
- Free shuttle to Emirates shopping malls
For an affordable luxury holiday on Dubai's iconic The Palm, head for Sofitel and take the whole family with you, they'll love it
- Boasting a Roof Top Swimming Pool
- Free high-speed internet and wifi
- Located by the famous Jumeirah Marina and close to shops, restaurants, bars and the Emirates Shopping Mall
Relax and enjoy your stay at this five-star resort excellent choice for families
- Enjoy many additional complimentary benefits when staying in the newly refurbished superior rooms
- First child stay free on bed and breakfast up to the age of 14 when sharing with parents
- Amazing choice of award winning restaurants and bars
The perfect location
- Enjoy All Inclusive in beautiful Mauritius and just unwind at the beach
- Combine the best of two worlds in one journey - relax in Mauritian paradise and experience stunning Dubai
- Experience world-class dining in both incredible countries
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