Investing In Dubai Properties

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COPYRIGHT 2012
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TABLE OF CONTENTS
Why Invest In Hotel Apartments In Dubai? - - - - - - - - - - - - - - - - - - - - - - - - - - - - 4 Comfort And Hospitality: Dubai Hotel Apartments Offer The Best Of Both Worlds - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -6

Hotel Apartments: Dubai Accommodations For Memorable, Indefinite Stays - - 8

Why Wealthy Investors Are Keen To Invest In Property In Dubai - - - - - - - - - - -10

Top Five Reasons To Invest In Properties In Dubai - - - - - - - - - - - - - - - - - - - - - -12

Before You Purchase A Dubai Property For Sale Navigating The Property Market - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -14

Finding The Ideal Property: Dubai Buyers Guide To Property Types - - - - - - - - 16

Where To Find The Best Properties For Sale In Dubai - - - - - - - - - - - - - - - - - - - -18

Top Tips For The First-Time UAE Real Estate Buyer - - - - - - - - - - - - - - - - - - - - - -20

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Luxurious And Comfortable Living: Top Benefits Of A Dubai Property Investment - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -22

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Why Invest In Hotel Apartments In Dubai?

Like an oasis in a vast expanse of barrenness, Dubai has emerged as the premier destination for both business and leisure. Just last year, a total of 72 million tourists visited the country while Dubai Airports predicts that the airport will handle 66 million passengers in 2013. Both the Bank of America and Merrill Lynch project a 33% growth in hotel occupancy by 2020 which in turn will increase the demand for hotel apartments in Dubai. As is the case with establishing a brick-andmortar store, location is of primary importance to property investment. Numerous corporations are attracted to invest in Dubai because of its government's commitment to stimulating the growth of commerce. Aside from having world-class infrastructure and information and communication facilities, investors can take advantage of taxfree policies as well as penalty-free repatriation of income. Despite the influx of investors in the city, its government is continuously improving the business climate to attract more investors. The changes include the opening of certain industries for majority ownership by foreigners, the reduction of the time required for starting a business and the strengthening of intellectual property rights. On the other hand, Mercer's Quality of Life Index has ranked Dubai as the number one city in the region. The city has emerged as the preferred destination of expatriates because of the various attractions it offers. The city is considered one of the world's best shopping destinations, attracting some of the most popular

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and most sough-after brands like Gucci, Prada, Versace, FENDI, Victoria's Secret and Bloomingdales. With year-round sunshine, both tourists and expats won't be at a loss for activities to try and experience. Unlike other big cities where traffic congestion is a big concern, Dubai boasts of an enviable transport network. The Dubai Metro, the world's largest underground metro station, can conveniently ferry its passengers to their destination. The city also boasts of high-end buses and hi-tech taxis to give passengers alternative modes of transport. Dubai is a veritable melting pot of cultures with the presence of expats from over 200 nationalities. But despite the diversity of cultures, the city is considered one of the safest places to live in because of a culture of tolerance. Just how upbeat is the property market in the city? According to real estate consultancy firm CBRE, rental rates in the city rose by an average of 17% with preferred locations registering slightly higher increases. These figures are expected to increase over time as Dubai continues to assert its dominance in the region. Resource info from http://www.damacproperties.com/en/project/projects/burjside-terrace.html

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Comfort And Hospitality: Dubai Hotel Apartments Offer The Best Of Both Worlds

Traveling offers individuals a range of benefits, from personal growth to opportunities to grow wealth. Among the world's top destinations, Dubai caters to both tourists and investors, offering countless possibilities. Cultural diversity, a free market economy and the presence of the world's leading retailers make the city one of the most vibrant areas in the Middle East. Whether you are visiting the city for a short time or for an extended stay, there are numerous accommodation options to choose from. In terms of cost and amenities, Dubai hotel apartments offer the comfort of apartment living combined with amenities associated with staying in a hotel. Around the world, the idea for hotel apartments has risen in prominence in the eyes of tourists and expatriates. For one, it is the cheaper alternative, especially for a large contingent of travelers and for those who choose to have an extended stay in their destination. Second, hotel apartments give the welcoming ambience of a home. Many hotel apartments come furnished with twin beds or king-sized beds and entertainment systems. Unlike hotels, apartment hotels come with a kitchen so you can cook your own meals. Wi-Fi connection, housekeeping and concierge services are standard. If you want to exercise, hotel apartments have swimming pools and gyms. For investors, hotel apartments offer a great opportunity to diversify their portfolio. Considering the upbeat trend in both the tourism and business sectors
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in Dubai, property investment, particularly in hotel apartments, is expected to yield good returns. Location is a key consideration in property investment. In Dubai, the downtown Burj area is the most sought-after address. With Burj Khalifa, the world's tallest building, as the primary attraction, the area offers a host of attractions. Aside from the presence of the Dubai Mall and the Souk al Bahar, the area boasts of a diversity of restaurants, parks, health facilities, and supermarkets as well as retail outlets from leading brands. The area has attracted people of diverse nationalities. Aside from the aforementioned features of the area, everything in downtown Burj is structured so that everything is just a short walk away. Also, getting in and around the area is a breeze with the metro station and one can easily explore other sections of Dubai conveniently. The airport is just about ten minutes away while one can bask in the sun at the beach which is just a stone's throw away. The Sheikh Zayed Road, the Defence Roundabout and the Al Khail Road serve as the area's main arteries.

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Hotel Apartments: Dubai Accommodations For Memorable, Indefinite Stays

Accommodation is one of the key considerations people make when they intend to travel. If you are a tourist or an investor who wants to visit Dubai, the city boasts of a number of the finest hotels in the world. But what if you want to stay longer or what if you are investor transitioning towards an indefinite stay in the city? For many people, nothing compares to staying in a hotel; with all the amenities and services readily at the disposal of the guest, hell have nothing more to ask for. If you are staying for an extended period, you should consider the hotel apartments Dubai has to offer. Hotel apartments are a fairly new concept that is fast gaining popularity among travellers and property investors alike. The price is the most significant factor. If you are visiting a place for only a short duration, you'd appreciate staying in a hotel; however, if you are staying for the long term, you'd be better off with a hotel apartment which charges significantly lower than a hotel. In terms of facilities and equipment, many of the hotel apartments in Dubai can match those that are offered by the best hotels. They are usually furnished with the best appliances and furniture so the occupant can readily feel at homemuch
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like staying at his own house or apartment. Unlike hotels, hotel apartments have their own small kitchens. This is a welcome feature especially if you want to cook for yourself so you can save money that you would otherwise spend on restaurants. Or perhaps, when you want to invite a few guests over, you can prepare simple meals. Like hotels, hotel apartments have amenities such as gyms, swimming pools and laundry services. Then there are the usual creature comforts you would expect from a hotel: Wi-Fi, housekeeping and concierge services. Location is one of the important aspects one should look into when choosing a hotel apartment. If you are staying in Dubai for a considerable amount of time, you would want a place that is accessible to different modes of transportation so you wouldn't be late for your business meetings or evening dates. Most likely, you'd want to explore during your day off or during the weekend, so it's a big plus if the hotel apartment is located in an area that offers numerous options for dining and recreation. Based on the criteria listed, hotel apartments located in the Downtown Burj area fit the bill. The Sheikh Zayed Road, the city's main artery, courses through the area along with Al Khail Road. It is accessible by bus or the metro station. If you are the outdoorsy type, the beach is just a stones throw away just like the other areas of Dubai. If dining and retail is your thing, the area boasts of a wide variety of restaurants that cater to a diverse array of palates. The Souk al Bahar and the Dubai Mall can fully satisfy anyone's need for retail therapy. The area also has several important institutions and facilities like medical centers, parks and playgrounds. Have a look at http://www.damacproperties.com/en/project/projects/burjsideboulevard.html

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Why Wealthy Investors Are Keen To Invest In Property In Dubai

Outclassing Riyadh and Doha, Dubai has emerged as the preferred destination for property investment by high net worth individuals (HNWIs). Following the forecast of the International Monetary Fund (IMF) of an average of 3.4% Gross Domestic Product (GDP) across Middle Eastern countries coupled with the increase of HNWI wealth recorded in the region against the backdrop of economic uncertainty in Europe, it makes perfect sense to invest in property in Dubai. 80% of HNWIs from cities within the region who participated in a survey gave preference to Dubai as the place to invest in 2013. Of those surveyed, 40% are looking to invest in the residential market. Another 40% are keen on investing in hotels and leisure property while 20% are looking to invest in retail. If you are keen on investing in Dubai's property market, hotel apartments offer great returns. As the region's leading business and leisure destination, the city has been visited by more than 72 million people. Experts are projecting a larger figure for 2013 which, in turn, will increase hotel occupancy. For tourists and businessmen who travel for an extended period of time, hotel apartments offer a great alternative. Much like an apartment, hotel apartments are more spacious and they include a kitchen. Like a hotel, amenities like Internet connection, telephone and fax, housekeeping and concierge services are standard. For expatriates this means having the best of both worlds - the ambience and lower cost of living in an apartment and the unparalleled service
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of staying in a hotel. Of course, not all properties on the market are equal. In Dubai, Downtown Burj Dubai area is emerging as one of the most-sought after locations with the world's tallest building, the Burj Khalifa, serving as the centerpiece. Located between the Sheikh Zayed Road and the Defence Roundabout, the downtown area is accessible through buses and the metro station while the sea is in close proximity. The area boasts of a mix of various residential and commercial facilities as well as hotels and offices. Both the Dubai Mall and the Souk al Bahar are located in the area, attracting countless tourists. The demand for property in the downtown Burj area is expected to remain upbeat for numerous reasons. Aside from the positive forecast in the general area of Dubai, the downtown area is an exclusive address. Because of its location, people can go from the beach to Old Dubai in just a few minutes. Of course, there's also the unmatched opportunity to have the view of Burj Khalifa greet you every day.

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Top Five Reasons To Invest In Properties In Dubai

Dubai is the leading destination, both for tourists and investors, in the Middle Eastern region. From being one of the world's leading oil producers, the United Arab Emirates has successfully transitioned into a business and tourism hub with Dubai as the centrepiece. The city boasts of a unique combination of great incentives for businesses, world-class infrastructure and visionary leadership. For tourists, the city is a shopping mecca with the world's leading brands like Gucci, Prada and Bloomingdale's establishing their presence in Dubai. If the forecast of experts are to be believed, the city's push for continuous development shows no sign of letting up. This makes properties in Dubai hot commodities. The local government is continuously upgrading its laws and regulations to stimulate economic growth while tourists are making a beeline to sample the various delights the city has to offer. Foreign ownership of property is a pretty straightforward affair as the local law allows nonresidents to buy and own property. Listed are the key benefits of investing in properties in Dubai: 1. Great returns in investment Research conducted by real estate consultancy firm CBRE indicates that rental rates in Dubai have increased by an average rate of 17% with more popular addresses registering significant growth. 2. Steady source of income

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With the steady increase of tourists and investors streaming towards Dubai, and with as much as 66 million passengers expected to pass through Dubai's airport, demand for property is expected to have a steady surge. As a form of hybrid asset, property investments offer the benefit of capital appreciation of a stock and the income-generating ability of a bond. 3. Residual value Although property value may decrease, properties almost always increase their value. 4. More control Unlike the forex or stock market, property investment is a straightforward venture, making it the best form of investment for beginners. Because the investor is dealing with an actual commodity, it is easier for him to grasp the concepts as well as diversify his investments. 5. Good collateral If you are looking for financing for another venture, properties serve as good collateral that can offer the best deals in financing. Dubai offers numerous property investment opportunities. If you are looking to invest in a strong performer, your best bet would be to invest in hotel apartments in the downtown Burj area. Downtown Burj area is one of the most sought-after addresses in Dubai because of the numerous attractions it offers to both tourists and businessmen. Hotel apartments, on the other hand, are seen to have a spike in demand as they offer the unique combination of the homey ambience of an apartment with the unmatched hospitality offered by hotels. For more tips visit http://www.damacproperties.com/en/section/about-damac

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Before You Purchase A Dubai Property For Sale Navigating The Property Market

Diversification is one of the main precepts of investment. For one, it protects the investor from the fluctuations of a specific market. On the other hand, diversification opens up new opportunities in emerging markets. One of the most solid investment platforms is property investment. In the international property market Dubai has emerged as one of the preferred locations because of its strengths as a business and tourist hub. But before you look to buy a Dubai property for sale, know that there are specific risks involved in the property market, more so on the international level where movements in the economy and politics can send ripples to the market. Location. Location. Location. A property's location is a crucial factor in property investment. Properties that attract tenants and yield good returns are those that are strategically located near business hubs as well as those with a diversity of institutions like hospitals and schools as well as facilities for retail and leisure. Related to this is the property's accessibility; an appealing property is one that can be accessed through various modes of transport. These qualities add value to the property, thereby increasing its future yield.

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Unlike other forms of investment, property investment deals with a tangible commodity so the learning curve is low. However, just as other investment platforms require the investor to do his homework, so does property investment. While the future cannot be divined, one can easily research key data like population increase and tourist traffic. This data is particularly beneficial in assessing whether investing in a Dubai property for sale can get good returns in the future. In just about every aspect discussed above, Dubaiparticularly its downtown Burj areafully satisfies the qualities of a good area to invest in. Over the years, Dubai has steadily increased its population, with expats of over 200 nationalities calling the city their second home. Additionally, the influx of tourists has grown steadily and is seen to continue doing so. Downtown Burj is particularly attractive because of its accessibility to various modes of transport. The area boasts of a wide array of dining and shopping options with the Dubai Mall and the Souk al Bahar leading the pack. The beach and other parts of the city are within close proximity. In terms of property type, hotel apartments are your best bet if you intend to invest in downtown Burj. This type of property offers the best of what a hotel and apartment can offer at an accessible price. It is ideal for expats and tourists who want an extended stay in Dubai. In fact, this type is primarily marketed to the affluent for whom luxury is standardthe typical tenant who would like to stay in Burj.

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Finding The Ideal Property: Dubai Buyers Guide To Property Types

Skyscrapers with multiple swimming pools. Lavish designer high-rises. Contemporary sprawling villas. Properties in Dubai are nothing short of exquisite when it comes to architecture, amenities, and overall design. Its no small wonder then that many expats choose to call this thriving spot in the United Arab Emirates their future home. If you have plans of moving to this affluent emirate, discover the many types of residential property Dubai builders are developing these days. And find your ideal home. At first glance, you might think Dubai real estate is flooded only with jawdropping skyscrapers. While it is true that construction projects have mostly been concentrated on high-rise condominium living in the city, you can still find houses in Dubai. If you prefer a property with your own backyard and swimming pool, you can view two- to three-bedroom houses in developed communities. You can also consider a more luxurious space in a spectacular villa. Most villas in Dubai will be on the pricey side but this will, of course, depend on the amenities and location. If you live alone and have no immediate plans of starting a family, Dubais many luxurious hotel-style residences would be the perfect choice. This is especially recommended for individuals with busy schedules and a discerning lifestyle that demands fivestar service. Naturally, these types of residential

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properties will command top dollar. When price isnt a concern, youll have a wide variety of options. You can look at four-bedroom penthouses, studios, or two-bedroom suites. Your decision will depend on whether one serviced luxury hotel has more amenities (e.g., Jacuzzi, luxury spa, modern gym, etc.) than the other residential hotel. Also, youll want to consider the views available from your suite. After all, why live in a serviced residential hotel if you arent going to have a stunning view when you retire at night? When money is a concern, you can still save a few dollars in rent or real estate purchase by looking at modest, more affordable apartments situated in less luxurious, but still pleasant locations. There are courtyard-style communities with tree-lined streets and facilities for tennis and even cricket. There are apartments with child-friendly and secure neighborhoods with access to swimming pools and restaurants. There are spacious townhouse-style communities where kids can play in gardens and adults can cycle or jog. Dubai, with stunning skyscrapers and designer apartments, offers a luxury standard of living. However, there are still affordable and lovely options perfect for families and single people. All you have to do is find a property thats ideal for your budget and your lifestyle. Researched from http://www.damacproperties.com/en/project/projects/executive-heights.html

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Where To Find The Best Properties For Sale In Dubai

Youve heard a lot of talk about it. Youve seen the spectacular images of towering buildings and glittering cities. Youve watched movies that have turned this emirate gem into the star of the show. And now you cant wait to make that move to Dubai. Whether youre relocating for a job or moving purely for a change of scenery, youll need to settle into your own property. Here are some recommended places to look at when you come for real estate viewings. The Burj area. When youre looking to live in a luxurious apartment and need to have access to modern amenities such as a day spa and a high-tech gym, try the upscale Burj area. Here youll have a wide variety of choices for apartments, from towering, serviced high-end hotel apartments to low-rise, waterfront contemporary apartments. The appeal of the Burj area lies in its exceptional development. Living here gives you access to a community that combines commercial, residential, entertainment, shopping, and leisure facilities, surrounded by open green spaces with eye-catching fountains and lakes. The area is ideal both for families and singles. Dubai Marina. Carved along a 3-kilometer stretch of the Dubai shoreline, Dubai Marina is one of the more established residential areas. When the moneyed set looks for properties for sale in Dubai, the well-known artificial canal city is usually a requested location to view. Like the Burj area, youll have plenty of high-rise options that range from 80-storey towers with phenomenal views of the Palm Jumeirah to opulent skyscrapers in close proximity to the beach and world-class golf courses. Living in this magnificent area gives you access to five-star resorts, elegant restaurants, coffee shops, and malls. Jumeirah Lakes. It is said that over 50,000 people live and work in this lakeside community. When you truly prefer a waterfront property, Jumeirah Lakes should be included in your list. The lakefront community is located in New Dubai on Sheik Zayed Road. It features four man-made lakes, commercial towers, hotels, fine-

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dining restaurants, and 160 retail outlets. Youll also have access to cafs with outdoor dining areas and childrens playgrounds. IMPZ or the International Media Production Zone. The IMPZ is a free zone designed to meet the exceptional professional and lifestyle needs of the global media production community. There are publishing, packaging, printing, media production, and graphic art companies in this fee zone. Situated on the outskirts of the city along the Emirates Road, the IMPZ boasts of a tranquil suburb, with contemporary flats and high-rise apartments with balconies and plenty of amenities perfect for families and singles. Dubai has several more stunning locations you can live in, with a range of amenities and other attractive features. Be sure to view those that correspond to your lifestyle needs to ensure that you get only the best property to help you settle into your new life in the emirate.

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Top Tips For The First-Time UAE Real Estate Buyer

Buying real estate property is one of lifes many milestones. Who hasnt aspired to own their own two-storey home or twobedroom apartment? The monumental purchase indicates that youve accomplished your financial goals and are looking forward to a life of security. When you buy a property in the United Arab Emirates (UAE), that security is taken a notch higher with visions of a luxurious life in sumptuously designed apartments or high-end hotel penthouses. Whether youre looking to live a lavish life in an apartment or a penthouse, youll want to ensure your property investment. While there are certainly existing laws designed to protect real estate buyers in the UAE, it still pays to do your due diligence to avoid any problems. Here are tips to consider when youre looking to buy UAE real estate property. Transact with the actual owner or the official broker. You want to be able to deal with people who either own the property or have a legal standing to sell the property. So make sure that you are communicating with the right people before you even go visit the property or make further enquiries. When youre looking at real estate development, ensure that the developer and the project are registered with the relevant local government agency.

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When youre in no hurry to purchase, you can also consider the state of the real estate market in the UAE. This will help you buy an apartment or a villa at the best possible price, with a potential for considerable profits when you decide to resell it in the future. Bloomberg Businessweek reported that the UAE real estate market has been experiencing falling property values by 65 percent during its four-year turn. But the glamorous emirate is seeing strong signs of recovery as prices for residential properties in the downtown and marina area shoot up to 15 percent in 2012 alone. This could mean that your real estate investment in the emirate could result in great returns in the future. Get the expertise of a surveyor when inspecting the property you want to buy. This will allow you to have a better idea of the propertys actual value, and not its projected market value. And finally, always read the contract before you sign it. If youre able to, get a lawyer to look at it to make sure that everything is in order. Buying property in the UAE is a great accomplishment. It lets you know that youve achieved your financial goal. Ensure your financial security by making the right property purchase. Consider these tips and protect your real estate investment today. To learn more visit damac/our-chairman.html http://www.damacproperties.com/en/article/about-

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Luxurious And Comfortable Living: Top Benefits Of A Dubai Property Investment

Dubai is a city-state in the United Arab Emirates and is considered one of the top tourist and business locations around the world. Dubai offers all the elements that make for an extraordinary and electrifying lifestyle: sun, sand, endless coastlines, luxury shopping destinations and exciting activities. The business climate in Dubai is just as dynamic as well; the emirate has one of the strongest and most stable economies in the world and is thus the chosen home of many companies that operate on a global level. Whether youre a tourist visiting this city for its many remarkable attractions or an entrepreneur aiming to launch a new company, Dubai offers many different types of accommodation options that can deliver the best in luxury and comfort such as serviced hotel apartments, fashion residences and other luxury investment properties. There are numerous reasons why a visitor to Dubai should consider staying in one of these high-end accommodations. One of the foremost benefits of a serviced apartment hotel is that it offers more space. Unlike a regular hotel room which consists of only a bedroom and a bath, an apartment hotel may also have a separate area for the living and dining room, as well as a fully-furnished kitchen. In some cases, this apartment may also have a separate utility room that houses a washer, dryer, and other appliances that you may need. Because of this
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configuration, a serviced apartment hotel feels more like a home away from home, rather than just a place where you can stay temporarily. The large space is perfect for families and larger groups on vacation. Business owners can also make use of the space to entertain fellow tycoons. Apartment hotels may be conveniently located near restaurants and conference centres, thus giving entrepreneurs more choices for business meetings. In addition to having more space, the amenities provided in an apartment hotel offer more convenience. For instance, having your own kitchen means that you can dine out less and eat a home-cooked meal if you so prefer. This is especially important for individuals with special dietary requirements. Utility rooms also make it possible to attend to laundry conveniently. A top-of-the-line Dubai property investment offers the same features that make hotel living attractive. These include housekeeping, room service and a concierge. Residents are given access to pools, gyms, restaurants, conference rooms and other amenities found in hotels. In some upscale locations, the hotel may also offer the exclusive services of a chef, babysitter, butler, and even a personal shopper. All in all, staying in a serviced apartment hotel in Dubai is similar to having an incredibly stylish and comfortable home but with all the perks of living in hotel.

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