Britain’s population is ageing. In 2012 the number of people aged 65 and older surpassed 10m for the first time; they now outnumber those aged 16 and under.
The redeveloped Safa Park in Dubai is det to become the prime Dubai residential community and will have it’s own man-made beach and “crystal lagoon” as well as 1,200 new homes located in Gate Tower and Crystal Lagoon Tower.
Dubai developer Kleindienst Group has revealed new project of “The Floating Seahorse”- floating house with underwater rooms. The project will be completed by the end of 2016 and was engineered and designed as a part of “The World” project, a group of artificial islands modeled after European design and heritage.
According to one of the leading property portal search, Dubai Marina tops the list of communities where people are looking to buy an apartment and Arabian Ranches emerged number one as the most desirable community to buy a villa. However, in terms of apartment price rises between August 2013 and 2014, International City experienced one of the highest median price growths at 44% followed by Jumeirah Village Circle at 38%. Jumeirah Village Circle also saw a high villa price growth at 38% followed by Jumeirah Island at 28% during same period. 2014 year has also signaled the growth of the off-plan sales market. Payment terms are becoming more flexible and prices, attractive. While mortgage rules have becoming stricter, off-plan prices are becoming affordable.