Dubai Villas

Dubai Property Buying Service
Dubai Villas
General Brochure 1
Villas 1 General Brochure
Contents Who Are Openshore? .......................... 29 What Do You Openshore Do?............. 29 What Is Special About the Dubai Property Buying Service?................................... 29 Why Do You Charge 99 for the Property Buying Service?................................... 29 Which Property is Best for Investment?29 What are the Advantages of a Clients Account? .............................................. 30 How Can I Pay The Lowest Price?...... 30 What Are The Risks Of Buying?......... 30 Can I Get A Dubai M ortgage?............. 30 Can I Get a Property Visa? .................. 30 What Are the Costs of Property Purchase? ............................................................. 30 What is a Residents Association? ........ 30 Who is the Services M anager? ............ 31 What Are Service Fees?....................... 31
Contents
Contents ................................................................2 Important- Two Key Services ...............................3 1.Investment Villa Packages .............................3 2.Dubai Property Buying Service .....................3 The Problem ...........................................3 The Solution ...........................................3 Buying Service How It Works ............4 How to Start Using The Service ............5 Villas .....................................................................6 Key Freehold Villa Areas .................................6 Emirates Living Region .........................6 Developed Nakheel Areas ......................7 Inland along Emirates Road ...................7 M ajor Developments still on-hold .........7 Emirates Living & Nakheel Villas M ap ...............8 ................................................................8 ................................................................8 Villa Pricing ..........................................................9 Dubai Villa Investments......................................11 .............................................................................12 Jumeirah Village Detached Villas.......................14 Jumeirah Village Detached Villas Units Opposite Parks ................................................15 Jumeirah Village 4+ Bed Detached Villa (after Potential Extension) ........................................17 Dubai Property M arket........................................18 Types of Property.................................18 Key Freehold Areas .............................18 Dubai Property M ap.............................18 Dubai Property Pricing Trends .......................18 About Openshore Property..................................20 Part of Large UK Group.......................20 Dedicated Sales and Admin Teams .....20 Dubai Consultants................................21 Openshore Services ..............................21 Dubai Property Selling Service...........................22 Procedure .............................................22 12 Customer Case Studies...................................23 Questions and Answers.......................................29
wwww.openshoreproperty.com Call: 01282 882017
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Important- Two Key Services
Important- Two Key Services

There are two key services relating to purchase of Villas with our help
The Problem
The property buying process in Dubai does not involve solicitors that can act for the Buyer. Thus making payments and getting title deeds can be a nervous process. Property agents are very aggressive salesmen representing the seller, who are not independent, with a real risk that buyers could be sold an unsuitable property.
1.Investment Villa Packages

These packages for Springs and Jumeirah Village Detached Villas are detailed on pages 11 to 16
The Solution
2.Dubai Property Buying Service

In order to get specific information on any other Villas and further help with buying a property in Dubai, you need to apply for the Dubai Property Buying Service. Specific Details on Villas will only be available after the following steps have been completed. 1.A simple one page application for the Dubai Property Buying Service. Email us and we will send you the form for you to sign and return. 2.Lodge 99 into Openshore Client Account. We will send you information about how to pay. These funds will be returned if you do not purchase a property. Then we can provide further information on specific short-list of Villas to meet your needs and other aspects of the buying service. The following information in the brochure relates to the types of Villas available, approximate pricing and the key Freehold Villa Areas in Dubai. No specific information is shown in this brochure. This unique service from Openshore allows you to purchase ANY Property in Dubai from ANY Agent or ANY Seller in a secure manner with research, second opinions, practical help within Dubai, and independent advice from us. The end result is that you end up getting a more suitable property for a lower price with complete Peace of M ind. If you are looking to purchase any property in Dubai from ANYBODY you should take a look at the service from only 99.
Openshores Dubai Property Buying Service from just 99, means that we are able to help you in the buying process, giving you a much wider range, independent advice, meeting you when you arrive for viewings in Dubai, helping with payments (via our secure client account system) and obtaining NOC documents and Deeds (via our POA process). A clear written agreement prior to the process starting, offers you:Ultimate Choice Normally the problem is that buyers deal with only a few agents and thus they limit the range from which they can select. Each agent company has a limited range of properties from their own sellers. We have access to ALL of the properties available in Dubai. We discuss your requirements and then select a list of suitable properties from all agents. You are not limited to properties or agents we recommend and can buy ANY property in Dubai. Low Prices The issue is that Dubai agents really represent sellers and cannot give independent advice even though they may appear to do so. You may not end up getting the best deal. Our access to a bigger range allows us to help you get lower prices. Our knowledge of the Dubai market can help you negotiate further and get an even lower price on the property you have selected. S ecure Payments Normally, buyers feel uncomfortable in making payments to agents and sellers prior to property transfer. They may also have issues in converting to AED at the best rate and may not have access to Dubai Chequebook/Bank Drafts for making payments for deposits and at Transfer. Our UK
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Important- Two Key Services Type of Property Studio, 1-Bed, 2-Bed, multibed, Townhouse or Villa Location Any particular preferences Needed For Pure investment, Pure own use, Holiday own use Budget Approx maximum and minimum range Provide your personal details if not already provided. It is best to complete an Enquiry Form in the relevant section on the home page, as the process lets you specify all of this information. 2. Clear Terms of S ervice We will send you a completed application form setting out clearly the details of our service, our fees and outline of your requirements. Remember you have access to all properties in Dubai and can buy ANY property from ANY agent or ANY seller. You will also need to lodge 99 into the client account. 3. List of Properties & Agents Provided We will provide an initial list of suggested properties with prices that as far as possible meet your requirements. 4. Arrange Viewing Trip Once you are ready to view, you can arrange your viewing trip and let us know of the dates. We can recommend suitable hotels. If you are unable to visit but want us to acquire a particular property you have researched, we can do this for you. 5. Meet Us in Dubai When you arrive in Dubai, one of our staff will meet you and if necessary arrange POA documents so that we can do NOC and transfer on your behalf. 6. Make Property Viewings View the various properties with the various Dubai Agents directly and also see what else is on offer. 7. S elect Property & Agree Price We can advise you about any property you select and give you our opinion on the market price. We can help you negotiate the final price with the sellers agent or directly with the seller. 8. Instruct Us to Purchase Once you are happy, you can instruct us to go ahead. We will pay 10% to the sellers agent and reserve the property on your behalf. You will need to arrange the appropriate funds into the secure UK Client Account ready for property transfer. Funds in the client account belong to the buyer until paid towards property. We have provided such facilities for over 8 years. Transfer normally happens within 30 days of deposit being paid.
Client Account Facilities with Nat West bank (where funds belong to the customer) allows us to make deposit and final payments for the property you have selected. Through us, you have total control of your funds whilst they are in your client account. Help with Transfer After viewing and agreeing a deal, buyers do not always want to hang around in Dubai for several weeks to get NOC documents, Property Transfer and Title Deeds. Buyers feel uncomfortable in giving Power of Attorney to agents (who actually represent the seller). We can do this on your behalf via a simple POA document. This will enable us to obtain NOC letter, attend Transfer meeting, and deliver the title deeds to you; or if you plan to stay in Dubai for a long time, we can accompany you. The title deeds and keys will be delivered to you after transfer. Help After Purchase Buyers may have requirements to furnish property, rent it out, or otherwise maintain it and do not have access to a reliable company for such after purchase issues. We maintain contact with you with regular updates and can help you furnish, maintain, rent and even help you resell your property. We can also provide holiday rentals when property is not used.
A Great S ervice with Peace of Mind from just 99 We help you with all aspects of the buying process. The payment (from just 99) is only paid if a property is purchased. You are not limited and can buy any property in Dubai from any agent or reseller. We aim to provide you with good service so that you will recommend us, and in the future may also use our property management, furnishing, holiday renting, and property resale services.
Buying Service How It Works

1. Discuss Your Requirements We can discuss your particular needs and explain the process. We will help you to define your outline requirements, to narrow the list of properties to research and view.
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Important- Two Key Services Government of Dubai Transfer department upon transfer. There may also be smaller fees for other documents.
9. Documents and Transfer If you are not staying in Dubai for several weeks, we can represent you using the POA and obtain NOC documents and also attend the transfer appointments at Dubai Lands department. We will pay the remaining 90% at transfer and obtain the title deeds under your name. M ost customers prefer this, so that once they decide on a purchase, they can leave all of the transfer steps to us, as these can be tedious and time-consuming. 10. Title Deeds & Keys The Deeds and Keys are handed to you in Dubai or delivered to you in your country. 11. Final S tatement A final statement is provided of your clients account. Any funds left in the client account are returned. If you do not end up buying a property, any funds in your client account are returned to you and we do not charge you the buying service fee. 12. Property Management Options Depending on your requirements, we can provide additional services. -Furnishing the property or upgrading it to Serviced Apartment or serviced Villa. This enables short-term renting as serviced apartments. You can use the property free for part of the year. -Renting out long term e.g. minimum 1 year -Keeping it empty but maintained & cleaned. -Reselling in the future
How to Start Using The Service

In order to get specific details and start using the Dubai Property Buying Service you will need to contact us. Specific Details on Villas will only be available after the application form for the Dubai Property buying Service has been signed and 99 lodged into the client account.
Our Fee:
The fee depends on the purchase price of your property. 99 Properties under AED 600,000 (under 107,000). 199 Properties over AED 600,000 (over 107,000) 299 Properties over AED 1m (over 178,000) 399 Properties over AED 3m (over 540,000) 499 Properties over AED 6m (over 1.08 million) 99 are lodged into the client account on starting the service but are only payable after property is bought (otherwise they are refunded from your client account). Only 99 is lodged into the client account, even if property price is expected to be higher. Adjustments are made when property is purchased and exact price is known. With every property purchase there is also 2% sales fee payable to the sellers agent when the 10% deposit is paid, and 2% payable to the wwww.openshoreproperty.com Call: 01282 882017 Page 5
Villas other areas with Arabic sounding names beginning with Al) are leasehold. In many of these areas, only the local Emirati citizens can purchase freehold property. M uch of the property here is rented on short leases to non Emirati citizens. The key freehold areas in which overseas buyers can purchase Villa property can be divided into 5 Regions:-Emirates Living Villa Region -Nakheel Villas -The Palm Villas -Along Emirates Road ( Arabian Ranches, Villa Project, Al-Barari, Jumeirah Golf Estates, Green Community)
Villas
Villas are normally purchased for own use and can vary greatly in size and costs. There are over 6000 ready villas for sale in the market at any one time. Townhouse Villas are in a small terrace of usually 3 to 4 properties. A few are semidetached. The villas can vary from small 1-bed units to large 5 bed properties. The end units have larger gardens and are slightly more expensive. They are found in areas such as Springs, Lakes, Jumeirah Village and Arabian Ranches Detached Villas usually have a large plots and can vary from 2-bed units to large 6/7 bed luxury villas. Detached villas are available in M eadows,
Main Freehold Villa Regions of Dubai
Villas on Palm Fronds
Emirates Living Villas Springs, Lakes, Meadows

Old City Bur Dubai & Deira
Developed Nakheel Areas Jumeirah Park, Islands, Village
Le ase hold
Inland along Emirates Road

Green Community
Dubai Airport
Jumeirah Golf Estates Arabian Ranches Al-Barari The Villa Project
JVT, Jumeirah Park, Jumeirah Islands, the Palm, Emirates Hills, Arabian Ranches and Green Community.
Emirates Living Region

This is the main villas region south of the M arina Region. It was developed by Emaar and includes two golf courses. Emirates Hills The prime luxury villas area security gated. The Beverly Hills of Dubai. Page 6
Key Freehold Villa Areas

M ost of the areas in the old Dubai (Deira City, Bur Dubai City, old Jumeirah Areas and most
Villas although many building are still under construction. The Villa Project Low cost large villas well south of Emirates Road. The lowest cost large villas in Dubai Falcon City - M ainly under construction. Part of Dubailand. Al Barari- High end luxury villas. Arabian Ranches Fully developed community of townhouse and detached villas. Very popular villa area, but far from the main areas. S ports City- Partly under construction. Some villas are ready. Jumeirah Village Circle- Mainly under construction. Some villas are ready. Al Furjan Villas- South of Ibn Battuta M all. M ainly under construction Green Community Divided into East and (new) West areas. Developed community of 4-bed, 5bed and 6-bed detached villas. Low rise apartments also available.
Large plots and massive villas around a golf course. Meadows- Detached 3 to 7 bed Villas. Amongst the first freehold villas built in Dubai. Several gated communities Lakes Townhouse and detached villas S prings M ainly 2-bed or 3 bed Townhouse villas. M any gated communities.
Developed Nakheel Areas

These areas developed by Nakheel lie south west of the Emirates Living Region and include the following communities. Jumeirah Islands These are small man-made islands south of Jumeirah Lakes Towers with each island featuring up to 16 detached luxury villas with large pools. Jumeirah Park Large community of detached 3 to 5 bed villas, most of which are being completed now. Jumeirah Village Triangle Townhouse (1-bed and 2-bed) and detached two bed villas with large plots. This area is more developed than Jumeirah Village Circle (see below, parts of which are still under construction). Al-Furjan. Jumeirah Golf Estates- Luxury Golf Villas. The World Tour, Race to Dubai & PGA Tournaments are held here. 2 Golf courses are ready and two more are planned. Partly under construction. Some Villas are ready.
Major Developments still onhold

See our Dubai Property M ap for details of these areas which are mainly on hold and where large projects have been cancelled for the time-being. Dubai World Central City (the airport is under construction but is delayed), Dubai Investment Park , Palm Jebel Ali, Downtown Jebel Ali , Waterfront City, Palm Deira , The World Islands, M eydan & New Creek Areas.
Inland along Emirates Road

Emirates Road is the M otorway that lies well inland and runs the length of Dubai south of the Airport. It extends from the current Dubai Airport to the new World Central airport that will be ready within next 10 years. M any freehold areas (some being part of Dubailand) lie along this road. They vary in the stage of development. Some like International City, Arabian Ranches and Green Community are well developed and mature areas, whereas others are still under construction. Openshores Dubai property map clearly highlights these. These areas are listed in order going from the existing airport towards the new airport Dubai S ilicon Oasis M any Villas are ready. M ost of this area is reasonably well developed
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Emirates Living & Nakheel Villas M ap
Emirates Living & Nakheel Villas Map
The most popular villas in Dubai lie in these areas and include: Palm Villas Emirates Hills The M eadows The Lakes The Springs Jumeirah Islands Jumeirah Park Jumeirah Golf Estates Jumeirah Village Triangle
Villas on Palm Fronds
The M eadows Villas Jumeirah Islands Villas The Lakes Villas
Emirate Hills Luxury Villas Jumeirah Park Villas The Springs Villas
Jumeirah Village Triangle Villas
Jumeirah Golf Estates Luxury Golf Villas
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Villa Pricing
Villa Pricing
In order to get specific information on any other Villas and further help with buying a property in Dubai, you need to apply for the Dubai Property Buying Service. Specific Details on Villas will only be available after the following steps have been completed. 1.A simple one page application for the Dubai Property Buying Service. Email us and we will send you the form for you to sign and return. 2.Lodge 99 into Openshore Client Account. We will send you information about how to pay. These funds will be returned if you do not purchase a property. Then we can provide further information on specific short-list of Villas to meet your needs and other aspects of the buying service. The following information in the brochure relates to the types of Villas available, approximate pricing and the key Freehold Villa Areas in Dubai. No specific information is shown in this brochure. Villas are normally purchased for own use and can vary greatly in size and costs. There are over 6000 ready villas for sale in the market at any one time. Townhouse Villas are in a small terrace of usually 3 to 4 properties. A few are semi-detached. The villas can vary from small 1-bed units to large 5 bed properties. The end units have larger gardens and are slightly more expensive. They are found in areas such as Springs, Lakes, Jumeirah Village and Arabian Ranches Detached Villas usually have a large plots and can vary from 2-bed units to large 6/7 bed luxury villas. Detached villas are available in M eadows, JVT, Jumeirah Park, Jumeirah Islands, the Palm, Emirates Hills, Arabian Ranches and Green Community.
Small Townhouse Villas

Select from over 600 such units Available in 1-bed, 2-bed and 3-beds End & middle units -Gardens & Garages
Jumeirah Village
1-Bed
Dubailand Al-Waha
2-Bed
Springs Type 4M/4E

2-Bed
Arabian Ranches
AlReem 2-Bed
AED 1.1 mil
AED 1.6 mil
AED 1.6 mil
AED 1.6 mil
200,000
Jumeirah Village
2-Bed
280,000
Jum Village Circle
3-Bed
300,000
Springs Type 3M/3E
3-Bed
280,000
Arabian Ranches
AlReem 3-Bed
AED 1.9 mil
AED 2.1 mil
AED 2.1 mil
AED 2.2 mil
360,000
360,000
360,000
370,000
Large Townhouse Villas

Choice of over 1000 large units Great value in 4-bed or 5-bed units Here are some sought after locations
Jum Village Circle

4-Bed
Sports City Victory Height 4-Bed
Springs Type 1M/1E

4-Bed
Jum Village Circle

5-Bed
AED 2.3 mil
AED 2.5 mil
AED 2.7 mil
AED 2.8 mil
400,000
Arabian Ranches
AlReem 4-Bed
450,000
Arabian Ranches
AlReem 5-Bed
475,000
Arabian Ranches
Alma 4-Bed
490,000
Arabian Ranches
Palmera 5-Bed
AED 3.3 mil
AED 3.5 mil
AED 3.6 mil
AED 4.0 mil
590,000
640,000
650,000
700,000
Small Detached Villas

Choose from over 1600 such units Available in 2-beds and 3-beds Large garden plots, 2+ car garages
Jumeirah Village JVT

2-Bed
Jum Park Legacy

Small 3-Bed
Jum Park Regional

Small 3-Bed
Jum Park Legacy

Large 3-Bed
AED 2.7 mil
AED 2.5 mil
AED 3.0 mil
AED 3.6 mil
475,000
The Meadows
3-Bed
450,000
Arabian Ranches
Saheel 3-Bed
530,000
The Lakes
Deems 3-Bed
640,000
Arabian Ranches
Alvorado 3Bed
AED 3.7 mil
AED 3.8 mil
AED 4.4 mil
AED 4.5 mil
660,000
680,000
770,000
790,000
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Villa Pricing
4-Bed Detached Villas

Choice of over 1200 4-Beds in market Huge garden plots, multiple car garages Here are some sought after locations
The Villa Project

Dubailand
Green Community W Bungalow
The Meadows
Type 4
Jum Park Regional

4-bed
AED 3.0 mil
AED 3.6 mil
AED 4.3 mil
AED 4.3 mil
520,000
Arabian Ranches
Mirador 4-Bed
620,000
Jum Golf Estates
Whisp Pines
740,000
Jumeirah Islands
Unique 4-beds
740,000
Palm Jumeirah Villa
Garden Home
AED 4.9 mil
AED 6.1 mil
AED 7.0 mil
AED 8.6 mil
840,000
1.06 m
1.21 m
1.48 m
5-Bed Detached Villas

Choose from over 1100 such units Huge garden plots, Large built up areas Some of the best sellers shown here
The Villa Project

Dubailand
Green Community W Family Villa
Jumeriah Park
5-Bed
Arabian Ranches
Terra Nova
AED 3.4 mil
AED 4.3 mil
AED 5.1 mil
AED 5.6 mil
590,000
The Meadows
5-Bed
740,000
Jumeirah Islands
Mexican 5bed
890,000
Palm Jumeirah Villa
Garden Home
960,000
Emirates Hills
Signature Villa
AED 5.6 mil
AED 9.3 mil
AED 11 mil
AED 17 mil
960,000
1.60 m
1.98 m
2.95 m
6/7-Bed Detached Villas

Choice of over 600 in the market The best properties in Dubai Huge luxury villas
The Villa Project

Dubailand
Green Community W Luxury Villa
Arabian Ranches
Mirador
The Meadows
6-Bed
AED 5.0 mil
AED 6.4 mil
AED 6.4 mil
AED 7.1 mil
860,000
The Meadows
7-Bed
1.11 m
The Lakes Hatton E1
6-Bed
1.11 m
Arabian Ranches
T.Nova 7-bed
1.23 m
Palm Jumeirah Villa
Signature Villa
AED 9.3 mil
AED 10.0 mil
AED 12 mil
AED 17 mil
1.60 m
1.72 m
2.10 m
2.95 m
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Dubai Villa Investments
Dubai Villa Investments

Dubai Villa Investment Deals from 299K
Property prices in Dubai have reached rockbottom and are now beginning to rise again. Take a closer look at our Dubai Investment Villa Deals with great prices, payment plan options and guaranteed rental. These Villa properties are already rented out and managed by us. As part of the package, rent is guaranteed for 2 years. The rent from the property is used to for part of the property so you end up paying less. With rental income and property growth, your investment could double in the next 5 years. Additionally as these properties are over AED 1m, so the title deed will enable you to be eligible for a Dubai Property Visa for yourself and your dependents should you need this in the future. Although these villas are rented out currently you can use them yourself in the future instead of keeping them rented out. These are low risk investment deals where you do not need to worry about the rental income as the villas are already rented out and rental income is guaranteed for at least 2 years. Customers who have full funds available opt for Plan C.
The Springs Summary

The Springs is a gated community of town house type villas with scenic waterways and lush landscaping, which make a perfect environment for young families and couples. The developments have been built by Emaar and are very popular in Dubai. Within the area are well established thriving communities, shopping areas, food places and recreational facilities and mosques. Location The Springs consist of 15 different communities (phases) surrounding the Emirates Hills region. Each community is gated and has its own facilities. Springs Drive runs through the community with access to the Springs Town Centre and local schools. All the main roads (Sheikh Zayed Road and Emirates Road) and Dubai M etro are nearby. Features Gated community with 24 hour security. Community fitness centres and recreational facilities. Convenient retail facilities, nurseries, schools, mosques and medical centres. Landscaped common areas, parks and children play areas, swimming pools, lakes and water features, BBQ areas, basketball and mini tennis courts. The best villas for long term investment are the Type 4E which include 2 large en-suite bedrooms plus a study which can function as 3rd or childrens bedroom. These units are end units like semi-detached and include larger garden plots and rent for a higher amounts than the lower cost 2-bed mid-terraced units.
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Best Buy Springs Villas

This is an example of the best Springs villa for investment. These are End units which are larger and include much larger garden areas (so large pools can be fitted easily) with better rental returns. They are like semi-detached units and are likely to appreciate the most in the next 3 to 5 years. Built up area: 1,860 sq ft
Ground Floor -Double Driveway with front entrance -Double Covered Garage -Laundry Area -2 Piece bathroom/cloakroom -Study or Kids *(3rd) bedroom -Side entrance with canopy and hall -Storeroom -Fully fitted Kitchen -Large M ain area functioning as Living room and dining room -Exit onto Patio -Large Garden to rear and side. Suitable for Pool Fitting. (pool in picture is not fitted as standard) First Floor M aster Bedroom with en-suite large bathroom, and large terrace overlooking the garden Second Bedroom with En-suite bathroom and terrace overlooking the side of the villa S ee Email for Pricing and Payment Plans
Middle Unit Villas The smaller middle villa units are about 1690 sqft and have much smaller gardens. These are about AED 100,000 (about 16,000) less but command lesser rental income. We would recommend the bigger End Units described above.
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Villa with fitted pool. (Pools are not fitted as standard)

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Jumeirah Village Detached Villas

Jumeirah Village Jumeirah Village consist of two areas, Jumeirah Village Circle and Jumeirah Village Triangle. The Triangle is the prime area and links in with the Springs and Jumeirah Park and it contains mainly detached villas. It is a gated community with full facilities and 24 hour security. Ready Detached Villas Huge Plots The detached Villas in Jumeirah Village Triangle are built on large plots of around 7,000 sq ft (ample for massive pool and large gardens) and have planning approval for extension to 4/5 bedrooms. Currently the Villas have two large ensuite bedrooms upstairs plus a 3rd en-suite maids or childs bedroom downstairs. There are 4 bathrooms in the villa. The Villas are built by Nakheel, the largest developer of quality homes in the UAE and the developer behind the Palm and all of the Jumeirah named areas. There are also attached townhouse villas in this area which are lower cost. Jumeirah Village includes shopping centres, schools, mosques, parks, lakes, pools and many other services. Attractive Pricing All the detached villas are similar size with minor differences in plot size and external appearance. The location of the detached villas is the key factor that determines price within this community. There are different types of villas Townhouse type Villas are about AED 200,000 lower cost and have lower rents. They have very small or no garden areas. Villas near construction areas have lower rents. Villas opposite the Parks have the best rental yields and these are the best for investment. They have no villas facing them and will appreciate best with time. We tend to acquire these villas for our investors.
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Jumeirah Village Detached Villas Units Opposite Parks

These are examples of our popular detached Villas. These units are located in a prime position directly facing the Park areas and near to main community services. Built up area + terraces 3,100 sq ft
Contact us for pricing. Range AED 2.4 to 2.9 million
Park
Villas facing park area
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Jumeirah Village Detached Villa Details

This is an example of the best types of detached villas available in Jumeirah Village. These villas are opposite the park areas so that there are no villas immediately opposite the road. All villas have large plots and have planning permission for extensions and large pools can be easily fitted.
Ground Floor -Double Driveway with front entrance -Double Covered Garage with door leading to main house. -Front Gate and M ain Entrance -Entrance Hall leading to Lobby -Lobby with Stairs on Right, M aids area on Left and Kitchen and Lounge areas Straight ahead -M aids Area with en-suite 3 piece bathroom (could be used as Childs bedroom or 3rd bedroom). -Laundry Area -2 Piece bathroom/cloakroom under the stairs -Fully fitted Kitchen -Large Dining Room with archway into Living Room. Patio doors open onto Loggia (open-sided gallery) -Large Living Room -Exit onto Pa -Large Garden to rear and side. Suitable for Pool Fitting and House Extension. First Floor -Staircase leading to Sitting Area. This opens onto the main terrace over the Garage. -Large Terrace over Garage. -Large M aster Bedroom with Terrace overlooking Rear Garden, Fitted Dressing Room and 6 piece luxury bathroom with his and her basins, bidet and both bath and shower -Second Bedroom with en-suite bathroom S ee Email for Pricing and Payment Plans
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Jumeirah Village 4+ Bed Detached Villa (after Potential Extension)

Planning permission allows for these villas to be expanded by building 25ft x 25ft areas on first and ground floors in rear garden. Thus the living areas and bedrooms can be expanded at very low extra cost and villas are designed with this in mind. Such an upgrade will cost approximately AED 400,000 and will provide and extra 2 bedrooms (making it 4 En-suite bedrooms plus maids bedroom) M any investors plan to do this in the future. Built up area: Built up area + terraces 3,940 sq ft 4,350 sq ft
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Dubai Property M arket
Dubai Property Market

Types of Property
The properties available for purchase in Dubai can be broadly categorised into 3 main type:Apartments, Villas and Commercial.
Key Freehold Areas

M ost of the areas in the old Dubai (Deira City, Bur Dubai City, old Jumeirah Areas and most other areas with Arabic sounding names beginning with Al) are leasehold. In many of these areas, only the local Emirati citizens can purchase freehold property. M uch of the property here is rented on short leases to non Emirati citizens. The key freehold areas in which overseas buyers can purchase property are shown below:-Dubai M arina Region -Emirates Living Region -Developed Nakheel Areas -Business Bay/Burj Region -Inland Areas along Emirates Road
Apartments
These are the most popular properties sold and at any one point in time, there are likely to be about 15,000 to 18,000 such ready units available for sale in the market. M ost apartments are in high rise tower buildings typically over 20 to 40 stories high, especially in the M arina, JLT, JBR and Business Bay areas. Others are low rise buildings 3 to 6 floors high in areas such as Discovery Gardens, Greens and Al-Warsan.
Dubai Property Map

For full details of all of the areas above, please get a copy of our detailed Dubai Property M ap. This is available FREE to all customers who enquire from our website. Simply go to the home page and click any link to provide your details for us to send it to you.
Villas
Villas are normally purchased for own use and can vary greatly in size and costs. There are over 6000 ready villas for sale in the market at any one time. Townhouse Villas are in a small terrace of usually 3 to 4 properties. A few are semidetached. The villas can vary from small 1-bed units to large 5 bed properties. The end units have larger gardens and are slightly more expensive. They are found in areas such as Springs, Lakes, Jumeirah Village and Arabian Ranches Detached Villas usually have a large plots and can vary from 2-bed units to large 6/7 bed luxury villas. Detached villas are available in M eadows, JVT, Jumeirah Park, Jumeirah Islands, the Palm, Emirates Hills, Arabian Ranches and Green Community.
Dubai Property Pricing Trends

The Dubai property market grew every year from early 2003 until September 2008. However, from October 2008 to June 2009, over a 9 month period, the market fell by a massive 50% following the credit-crunch. It fell a further 10% over the next 18 months. Over the past 2 years, prices on ready properties have been relatively stable with only minor changes. What will happen next?
Commercial
Commercial property in Dubai consists of two main types. Timeline Office Units are available in high rise towers in From January 2003 to July 2007 Dubai property areas such as Business Bay, JLT, M arina and market grows every year. Property prices increase Tecom. Usually the unit is provided as a shell of more than 2.5 fold during this period with average 500 to 1000 sqft. annual increase of over 25%. Retail Units are available in many locations including low cost shops in International City to From September 2007 to September 2008, over 12 expensive retail shops in the ground floor plazas months, property prices increased by over 40% of the popular tower areas such as M arina and due to intense speculation in the market Downtown Burj. wwww.openshoreproperty.com Call: 01282 882017 Page 18
Dubai Property M arket
From October 2008 to June 2009 Prices fell by 50% over a short 9 month period, as the market corrected itself following the credit crunch. M any off-plan developments put on hold or cancelled. From July 2009 to end of 2010 Prices fell by a further 10% on ready properties and by more than this on Off-plan or under construction properties which continued to lose value as customers realised that these may be severely delayed or never built. From Early 2011 to current timeframe the market for ready built properties was fairly stable with recent signs of price increases, particularly at the lower end of the market.
customers pre-paid. This gave developers advance funding to build. This off-plan market has now collapsed as customers are not prepared to pay for a promise to build and many have been let down. We have personal experience of this as we have been in the UAE property market for over 8 years. Now as there is no such advance funding, developers are no longer able to build. Thus the building boom in Dubai is now over until prices go up in a significant away again then confidence could return towards building again. The forecast is now for a steady increase in ready property prices due to likely shortages. This is shown as yellow circles in the graph.
What will happen next?

Nobody knows the answer to this but most analysts believe that prices on ready properties are now at rock-bottom and will now slowly rise, as more off-plan properties are likely to be cancelled, resulting in shortages of ready properties in the future. In the past, the Dubai property construction boom was funded by the off-plan market where wwww.openshoreproperty.com Call: 01282 882017 Page 19
About Openshore Property appreciate that overseas property purchase is a major decision for most people. We have been selling property in Dubai for over 8 years, including the sale of investment properties and their management. The Admin team provides support with regards to all agreements, payments for property, client account statements and property management updates.
About Openshore Property

Part of Large UK Group
Openshore are part of a large UK group of companies specializing in IT and Property M anagement. The Group owns the 26 acre business park (Time Technology Park) where we have our UK offices in Lancashire and employs several hundred staff in IT services, UK Business Property M anagement and Dubai Property Services. We have been established at this site for over 25 years and have been selling property in Dubai for 8 years.
UK Offices
Dedicated Sales and Admin Teams
Openshore itself specializes in Dubai Property Services only and we have small dedicated teams dealing with customer sales and customer admin. The Openshore UK Sales Team consists of senior property consultants with many years of experience of the Dubai Property market and who spend at least one week in 8 within Dubai. We have a policy whereby our most senior and experienced staff deal with customers directly and will aim to answer most calls and emails, as we We encourage all potential investors to visit us, see our operations and discuss their needs face to face. (We even offer 100 towards travel costs to our UK head office for customers wanting to discuss their Investment Property requirements face to face and see our operations Please ask for UK office visit procedure to arrange visit).
Our full address is:M ain Reception Openshore Property Time Technology Park Blackburn Road. Simonstone Burnley. BB12 7TW
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About Openshore Property Client Account S ervices These services allow customers to make payments for their Dubai property in an easy and secure manner. Funds in the client account belong to the customer (and not Openshore) until they have been transferred to the intended party. Payments can be made in a wide range of currencies which can be converted to AED at the best possible rates when required.
Dubai Consultants
In Dubai we manage Dubai properties on behalf of customers and run Dubai property portals (e.g. sandcastles.ae) and provide services to other estate agents. Our Dubai consultants meet prospective customers, arrange viewings and deal with property transfers and management. The Group also includes companies in Dubai providing IT services, Application Development and Website Development Services.
Openshore Services
The Dubai Property Buying S ervice Our unique Dubai Property Buying Service allows us to help you in the buying process by giving you a much wider range, independent advice, meeting you when you arrive for viewings in Dubai, helping with payments (via our secure client account system) and obtaining NOC documents and Deeds (via our POA process). This service is unique as nobody else offers access to all of the properties in Dubai. The Dubai Property S elling S ervice Openshores Dubai Property Selling Service allows customers to put up their Dubai property for sale easily and sell their ready Dubai property at the market price in an easy and secure way without having to visit Dubai. Investment Packages These Dubai properties (typically low cost Studios and 1-Bed apartments) are already rented out and managed by us. As part of the package, rent is guaranteed for 2 years. The rent from the Dubai property is used to pay for part of the property so you end up paying less over 2 to 3 years of the payment plan. A great way of getting a property and an investment that gives regular income and grows in value. Conversion to S erviced Apartments We can help customers to furnish suitable Dubai properties, convert them to serviced apartments or Dubai serviced villas (with full maid cleaning services) for short term holiday rentals. We can manage the serviced Dubai property on your behalf and you can have free access to all of the serviced facilities for agreed periods of the year. wwww.openshoreproperty.com Call: 01282 882017
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Dubai Property Selling Service Agree Terms We will send you an agreement that details the process. In the agreement we will agree to market the property, sell it at the price agreed by you, handle all viewings, handle transfer documentation and make the final payment from the Client Account to your account in the UK, Dubai or any other approved country. Market Property We will market the property on the sandcastles.ae portal and also make it available to all suitable Dubai agents Arrange POA and Prepare for S ale We will obtain a POA document from you in the UK to allow us to represent you with regards to your property. The POA will be needed to accept any offers you agree to, obtain NOC forms, deal with any tenant, and also at Transfer. Agree Final S ale Price Prior to the sale, we will get your agreement to sell at the agreed price. Deal with Documentation We will obtain NOC documents and attend the Dubai Lands department for property transfer on your behalf. Make Payment from Client Account The proceeds of the sale will be paid into the Openshore client account and from here will be transferred to your account in UK or Dubai (or any other approved account). Issue Final S tatement We will issue a statement summarising your sale and payment made. Our Fees We charge 2% of the property sale price. The fee is deducted from the property payment made to you. NO fee is charged if property is not sold.
Dubai Property Selling Service

This service from Openshore allows customers to resell their Dubai Property securely from the UK. The service is only available for ready properties that are suitable for immediate occupation and is not available for off-plan or under construction properties. M any customers who have purchased property in Dubai want to put their Dubai property for sale and sell it, without having to deal with property agents in Dubai or making visits to Dubai for the transfer processes or collection of funds. Openshores service allows them to put up their Dubai property for sale easily and sell their ready Dubai property at the market price in an easy and secure way. We sign an agreement with you detailing all the terms of service prior to starting the process. Our fee is only payable once the sale is completed. Openshore Offers Two types of services Third Party Re-S ale. Normally, this is the service used by most customers. We will pass the details of your property to all appropriate Dubai agents and aim to re-sell your property as soon as possible on your behalf for the best market price. Purchase by our Group In a few selected areas our own Group may make an offer to purchase the property for conversion into Investment Packages or Serviced Apartments or Serviced Villas for Holiday Lettings. In such a case our Dubai staff will view the property to ensure it is suitable for this investment purposes and if so, will make an offer to purchase which we will present to you.
Procedure
Provide Details Contact us by filling in the Contact Us Form and provide details the property to be sold and your desired sell price. One of our staff will contact you to discuss with you the time scale and if your price is appropriate for the market.
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12 Customer Case Studies properties from various agents and Peter flew to Dubai to view them. One of our consultants met him in Dubai on the first day and also arranged a POA document so that we could represent him in any purchase as he was not intending to stay in Dubai for more than a week. Peter made a number of viewings and did not like most of the properties. Eventually, on his last day in Dubai, he liked a property from an agent that was not on the initial short-list. We advised him about the market price and suggested he make an offer slightly less than the asking price. The offer was initially rejected but eventually accepted and Peter asked us to proceed with the purchase by issuing a purchase instruction to us. He then left Dubai and came back to the UK. We secured the property by making a 10% deposit. The funds were secured against a deposit Peter had made into the Openshore UK client Account. Subsequently we made an appointment with the Seller and the Sellers agent to arrange transfer at Dubai Lands Department. We represented Peter at the Lands department and obtained the Title Deeds under his name. Final payment to the seller was made by us at Dubai Lands department and we obtained the keys and handed these over to Peter when he returned to Dubai the following month. Peter was planning to use his property frequently and did not want us to rent it out. We did however help him furnish it.
12 Customer Case Studies

Here are a dozen examples that show the type of customer currently purchasing property in Dubai and the processes they have followed. 1.Peter (UK) who wanted a 2 bed apartment in JLT for holiday use 2.Imran (UK) who wanted to sell his studio apartment in International City 3.Tom (UK) who wanted a 2-bed Townhouse Villa in Dubai for own use 4.Khalil (UK) who wanted a 1-bed low cost Investment Package 5.John (UK) who wanted a luxury 6 bed villa in Dubai 6.Sara (UK) who wanted a Studio to rent out and for own use 7.David (Australia) who wanted a 3 bedroom villa for own use only 9.Simon (Ireland) who wanted to switch from Ajman to Dubai 9.Asif (Saudi Arabia) who wanted a 2-bed apartment for investment 10.Pradish (Canada) who wanted to switch from a Dubai off-plan 11.Adrian (France) who wanted a 2 bed apartment in M arina Area 12.M uhammad (UK) who wanted to become an Openshore Agent
1. Peter (UK) who wanted a 2 bed apartment in JLT for holiday use
Peter is from London and wanted to use our Dubai Property Buying Service to get a good size 2-bed apartment for around 120,000 (About AED 700,000) in a good area near the Dubai M etro line. He was familiar with Dubai and wanted to consider the JLT and M arina areas. We discussed his requirements and sent him an application form detailing his provisional requirement and budget. He lodged 99 fee into the Client Account and we commenced searching for a suitable property. We provided an initial short list of
2. Imran (UK) who wanted to sell his studio apartment in International City
Imran, who is from Glasgow, had purchased a Studio Apartment in International City in 2006 when it was still being constructed. The Studio had been rented out, but now Imran wanted to use the money in his own business in the UK. He approached us as he was quite busy and did not want to spend lots of time in Dubai trying to resell his property.
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12 Customer Case Studies Village Triangle. We advised him about the market price and he agreed a price of AED 1.2m with the Sellers Agent, after which he instructed us to proceed with the purchase. We secured the property by making a 10% deposit. The funds were secured against a deposit Tom had earlier made into the Openshore UK client Account. The property was transferred to Tom at Dubai Lands Department and we represented him in the purchase and made the final payment to the seller. The Title Deeds and keys were delivered to Tom who was in-fact already in Dubai by the time of transfer.
We agreed a provisional timeline and advised him about the price at which such properties were selling at currently. He signed a Selling Service agreement, and we obtained a POA document authorising us to represent him in an agreed sale. The details of his Studio were given to all of the Dubai agents selling properties in International City. We were able to obtain offers for the property around the market price and present these to Imran. Imran agreed a sale after 2 months. We were able to represent Imran at Dubai Lands department for the property transfer and the funds were lodged into the Client Account. Payment was made into his own UK bank account from the Openshore Clients Account.
4. Khalil (UK) who wanted a 1-bed low cost Investment Package

Khalil has investment property in the UK and wanted to buy a low cost property purely for investment in Dubai. He wanted to buy something that would remain rented out for many years and would produce good rental income as well as grow in value over the next 5 to 6 years. Khalil initially applied for our Dubai Property Buying Service. However, he noticed our own low cost investment packages and decided to go for the 1-bed property which was priced for about AED 300,000 (about 50,000). He was based in Birmingham and decided to visit our UK office to discuss his purchase face to face. He opted for payment plan B on the 1-bedroom property and it actually ended up costing him about 36,000 over a 2.5 year payment plan, as rental payments also paid towards the purchase price of the property. He secured the property by signing the sales and purchase agreement with Openshore and making a 10% payment into the client account. Khalil intends to pay off the remaining payment which is relatively small and Openshore will transfer the property title deed to his name at Dubai Lands department using his POA document. After transfer Openshore will pay the net rent to him into his UK bank account every 3 months (rather than knocking it off the property payments as the property will be fully paid by then). Khalil intend
3. Tom (UK) who wanted a 2-bed Townhouse Villa in Dubai for own use
Tom had found a job in Dubai working for a large company. The company had agreed to pay towards his living expenses for rental accommodation. However Tom wanted to purchase a property of his own as he felt that prices were now low and the property would be a good investment as well as being good for use by him and his family. He did not want to live in an apartment as he was used to living in a house. He decided to use our Dubai Property Buying Service. We discussed his requirements and sent him an application form detailing his provisional requirement and budget. He wanted a 2 to 3 bedroom townhouse villa for under 200,000 (about AED 1.2m) and wanted to be in the popular villa areas near the Springs. He lodged 99 fee into the Client Account and we commenced searching for a suitable property. We provided an initial short list of townhouse villas in JVT, Lakes and Springs areas from various agents and Tom flew to Dubai to view them. One of our consultants met him on the first day and also arranged a POA document so that we could represent him in any purchase. Tom selected a 2bed plus maids room Townhouse villa in Jumeirah
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12 Customer Case Studies
to leave the property rented out and let it continue to be managed by Openshore.
6. Sara who wanted a Studio to rent out and for own use
Sara is in the UK and has been a regular visitor to Dubai since 2005, going there for holidays during Easter, most years. She had been looking to buy property in Dubai for a long time as many friends purchased property in Dubai. One of her friends had purchased with our help in 2006 and that is how she was aware of Openshore. She almost purchased in 2008 and at the time also considered purchasing in RAK and Ajman. However she wanted to buy in Dubai but the prices were too high at that time; and at the end of 2008, the financial crisis happened which created a great deal of uncertainty. She was glad she did not purchase then, as since then, prices have fallen by over 50%. Recently she decided to look at the Dubai property market again and was surprised by the current prices. The same Dubai Studio which was priced at around AED 550K was now about AED 240K. She asked Openshore for a full quotation but had difficulty raising all of the funds so she delayed her purchase by 2 months. She signed a reservation agreement for a Studio apartment, agreed the specification and price, and paid 10% deposit. About a week later a Studio was allocated to her and she signed the M OU sales and purchase agreement. Initially she had no plans to visit Dubai to see the property, but then suddenly decided to make a quick visit to Dubai over one weekend. One of the Openshore consultants showed her the property and she decided to proceed. She could not stay in Dubai for the property transfer and arranged for Openshore to have a Power of Attorney to do the property transfer at Dubai Government Land Department. Our consultant helped her sort out the Power of Attorney. Whilst she was there she also opened a UAE bank account with on-line access so that she could manage it from the UK. The property was transferred to her name and was rented after 1 week for AED 24,000. We delivered the title Page 25
5. John (UK) who wanted a luxury 6 bed villa in Dubai

John is from Kent and wanted to have a large villa property initially to rent out, and possible own use in the future. He wanted to acquire it now when prices were low and rent it out long term for the next few years. His budget was about 800,000 (approx AED 4.5m). He decided to use our Dubai Property Buying Service. We discussed his requirements and sent him an application form detailing his provisional requirement and budget. He lodged 99 fee into the Client Account and we commenced searching for a suitable property. We presented him with a short-list of properties in Arabian Ranches, Jumeirah Islands, Green Community West and M eadows. John was not ready to visit Dubai and we did the research again 2 month later as the available properties had changed during that time. He arranged transfer of deposit funds into the Openshore Client Account and went to Dubai to view all of the properties. One of our staff met him and also arranged a POA so that we could act on his behalf in the purchase process. John saw the properties with many of the Dubai agencies who were competing for his purchase. John liked the Luxury 6-bed villa in Green Community West which had a huge plot and fitted large swimming pool. He was able to agree a price of AED 4.5m with the seller through the sellers agent. He instructed us to proceed with the purchase. We secured the property by making a 10% deposit and signing the M OU agreement. The property was transferred to John at Dubai Lands Department and we represented him in the purchase process and made the final payment to the seller. John asked us to find a tenant for the property and we had already started looking prior to the transfer and arranged for the property to be let within 1 month for AED 300,000 per annum. The Title Deeds were delivered to John back in the UK.
12 Customer Case Studies pleased with the payment plan offered. This purchase was mainly an investment for him. However, whilst Simon continued to make payments as per the payment plan, the developer did not start construction but simply promised that construction would start soon. The financial crisis at the end of 2008 further delayed the start of construction. By early 2009 Simon had already paid AED 185K and then stopped making any more payments until developer started construction. The developer never started construction and Simon is in dispute with them for a refund which they are refusing to make. Instead they are offering a switch to another off-plan apartment in Ajman, which may have similar risks. (Openshore advises customers not to agree to another offer from the original developer such as a switch to another off-plan, as this reduces the chances of any claim against original purchase). Simon contacted Openshore and was offered a Switch to a Dubai Ready investment package. Openshore took all the details and provided a full quotation to Simon. We informed Simon that there are TWO elements to our switch service. Firstly, we would transfer him to a READY investment package in Dubai. He could choose from Studio or 1-bed. S econdly, we would aim to recover the funds he has paid and we will pay him 75% of this when recovery is complete. This may take 1- 3 years. Whatever we recover, we would pay him 75%. If recovery happened during the payment plan of the investment property, we would credit the payments against what he would owe us. Simon had outstanding payment of AED 295K to make for his Ajman 1-bed apartment. Openshore confirmed that we could provide a better 1-bed in Dubai for less than the remaining amount and also pursue the claim. Thus he would end up with a BETTER, READY, property in DUBAI. His total payments would be well under AED 480K (AED 185K already paid to Ajman developer and 239K
deeds to her in the UK and her rental income is paid into her UAE bank account. She plans to allow Openshore to continue managing her property. Sara thought that she could use her Studio herself for holidays and rent it out the rest of the time. However, as she was only spending 2 weeks per year in Dubai, Openshore advised that it would be financially better for her to leave the Studio rented out (and she could rent another herself for the 2 week periods).
7. David who wanted a 3 bedroom villa for own use

David is from Australia and is presently in Dubai. He had been looking at prices of Villas in Dubai over the past few years. Initially he was looking for investment but recently he had a long contract in Dubai and wanted to purchase the villa at the new reduced prices for use by himself and his young family. One of Davids work colleagues had purchased a property with Openshores help and had recommended us to David. He contacted Openshore whilst he was still in Australia to ask for advice and a quotation on a 3-bedroom villa in the Springs or M eadows areas of Dubai. Openshore gave him a quotation last year but also advised that unlike Studios and 1-bed apartments, Villa prices had not reached rock bottom and were still slowly falling; and that prices in 9 to 12 months may be up to 5% to 10% lower than current prices. David decided to rent a villa for 12 months and recently asked Openshore to find him a good 3-bed detached villa via the Dubai Property Buying Service. We looked at the market and recommended a range of properties which he viewed and finally decided on 4-bed bungalow in Green Community West which he bought for a similar price to some of the 3 bed villas.
8. Simon who wanted to switch from Ajman to Dubai

Simon lives in Ireland. He bought a 1-bed 920 sq ft apartment in Emirates City in Ajman for AED 480K in April 2008. He wanted to buy in Dubai but Dubai property was too expensive. A similar 1-bed apartment in Dubai was AED 800K at the time. He decided to purchase in Ajman and was
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12 Customer Case Studies Asif decided to go for the smaller apartments and in the end he actually purchased a 1-bed apartment and a Studio. He did not go to Dubai for the transfer and this was done by Openshore via a Power of Attorney. He signed the Power of Attorney when he was in the UK. However, since then he has been to Dubai and has seen his properties and is satisfied with them. Both are rented out. The Studio is rented for AED 21K and the 1-bed for AED 30K. Asif intends to keep his properties for at least 5 years .We estimate that during this time the net rental alone would have paid for 50% of the property costs.
to us). Openshore would also offer an 8% rental guarantee and a 2.5 year payment plan. The 1-bed offered to Simon was selling for AED 800K in 2008 and was now priced at AED less than 300K. He would end up paying us AED 239,000 due to the investment package deal as 2 years of rent would be credited against his payments to us. Simon thought that this was a good deal but when he looked at his finances, he decided to downgrade to a ready Dubai Studio instead of a 1bed apartment. He selected a Studio investment package of 580 sq ft with a price of AED 199K. The amount he ended up paying to Openshore was AED 159K. He did not want to visit Dubai and was provided all the information on his Studio in the Ireland. He did however visit (for the day only) the UK office and Openshore obtained a power of attorney from him and arranged for the property to be transferred to his name. The property is currently rented out for AED 20K. Openshore will continue to update Simon on his property and also on the status of the Ajman claim.
10. Pradish who wanted to switch from a Dubai off-plan

Pradish who lives in Canada, purchased an offplan development in Sports City in 2008. He purchased a Studio apartment for AED 560K. He has paid 30% of the property price and the development is still under construction. The developer says that it will be ready end of next year but Pradish thinks that this may not happen as the developer has been wrong on many occasions before. The developer is demanding the next two payments which amount to another 168K AED. Pradish contacted Openshore for advice. Openshore told him NOT to make any further payments for TWO main reasons. Firstly, as he has only paid AED 168K, the amount of payment outstanding is still AED 392K. Even if his Studio was ready tomorrow and was rented out, it would only be worth about AED 260K. Thus the amount outstanding is more than the current value of the property. Secondly, there is a real risk that despite him continuing with payments the development may never be handed over. This may still be the case even if he can see the building and developer is still proceeding with construction. It is still possible for various reasons for the development not to complete. Following this advice Pradish stopped his next payment. He then asked Openshore about the details of the switch offer to a ready Dubai Studio.
9. Asif who wanted a 2-bed apartment for investment

Asif lives in UK but presently works in Saudi Arabia. He already has a Studio in Dubai M arina which he purchased in 2006. It is currently rented out. He purchased it for AED 350K and the price of the Studio went up to AED 750K. Now it has fallen back to about AED 340K which is below his purchase price. He intends to hold the property for about 5 years as he thinks prices will go back up again. Openshore agree with this view. He realises that prices are now very low and he wanted to buy a 2-bed apartment for investment. He contacted Openshore whilst he was in Saudi Arabia. He felt comfortable in dealing with a UK registered company. Openshore offered him a large 2-bed apartment for AED 580K. However we did not offer a rental guarantee. We advised Asif that for investment and renting out, it would be better for him to purchase TWO 1-bed apartments. These would cost the same together, and the rent on these would be about AED 60K whereas the rent on the 2-bed would be AED 48K. Also we find it much easier to rent the 1-bedroom apartments and we offered him a rental guarantee on these.
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12 Customer Case Studies in 3 to 5 years time and then get a 2-bed apartment in the M arina area when he will need it for his own use.
Openshore looked at his details and advised that the chances of recovery are low whilst the developer continues with construction. However, if the developer stops, then there may be some scope for compensation and that we will take on his claim and monitor the situation. He was given a part credit against a ready Studio which enabled him to purchase the Studio for only AED 196K (only AED 28K more than he would have paid the off-plan developer in that payment which we advised him to stop). The Studio is now rented out for AED 21K. Pradish did not want to visit Dubai and was advised to arrange a Power of Attorney from Canada. In the end he decided to come to Dubai for 3 days, saw his property and arranged the Power of Attorney in Dubai. Openshore later transferred the Studio to him and we have since sent him the Title deeds. Openshore will monitor the developer and if a claim is made and is successful, 75% would be paid back to Pradish. If this is the case the Studio would have cost Pradish much less at less than half of what Pradish agreed to pay the original developer in 2008. Even if there is no recovery he has still saved much money.
12. Muhammad who wanted to become an Openshore Agent

M uhammad lives in the UK. He used to be a property agent for Damac in 2007. At the time he had considered becoming an Openshore agent but Damac offered better referral fees as their properties were much more expensive, so he stuck with Damac. M uhammad stopped recommending Dubai properties when the credit crunch happened at end of 2008. Recently he contacted Openshore and indicated that at the present low prices many of his contacts would be interested in investing in Dubai once more, particularly if the properties were guaranteed to be rented and managed with reasonable returns. Openshore does not use print advertising and relies mainly on referrals and recommendations from existing customers. We informed him that he could apply to become an agent after the sale of his first referral. At his first referral Openshore would pay him a referral fee of 200 or AED 1,200. After this he could become an agent and his referral fee would be much higher and there would be an additional bonus related to the number of properties sold in the previous quarter. Openshore provided M uhammad with 10 printed brochures and he made his first sale within a week. He simply showed the brochures to some contacts and asked them to contact Openshore. He emailed the names of his contacts that were interested to refer@openshore property.com. One of his contacts purchased as Studio apartment. We transferred the property to his customer via Power of Attorney. Since then M uhammad has become an Openshore agent and distributed about 100 brochures to his contacts and at the time of writing had made 3 more sales.
11. Adrian who wanted a 2 bed apartment in Marina Area

Adrian lives in France. He has visited Dubai and stayed in the M arina area. He wanted to purchase a 2-bed apartment in this area mainly for investment although he may use it himself in 3 to 5 years time. Adrians cousin had purchased and rented out a Studio with Openshores help. He contacted Openshore regarding this potential purchase. Openshore advised that prices in the M arina area whilst having fallen are still about 50% more than property inland. Paradoxically it is also harder to rent property in this area as the rental demand does seem to be seasonal. Rental yields are also lower at around 7% compared to 10% inland. Thus we were not able to give a rental guarantee on such an apartment. Thus unless this apartment was required for his own use now, it would not be the best form of investment in the current market. Adrian thought he may live in Dubai in 3 to 5 years and particularly liked the M arina area. He actually ended up buying TWO 1-bed apartments inland for a much lower price than the 2-bed in the M arina. He intends to sell one or both of these
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Questions and Answers Conversion to Serviced Apartments Client Account Services
Questions and Answers

Who Are Openshore?
Openshore are Dubai property specialists with office in the UK and Dubai. In the UK, our head office is just off the M 65 in Lancashire. In Dubai, we are strategically located in the heart of the new developments on Sheikh Zayed Road. Openshore are part of a large UK group of companies specializing in IT and Property M anagement. The Group owns the 26 acre business park (Time Technology Park) where we have our UK offices in Lancashire and employs several hundred staff in IT services, UK Business Property M anagement and Dubai Property Services. We have been established at this site for over 25 years and have been selling property in Dubai for 8 years.
What Is Special About the Dubai Property Buying Service?

This service is unique. When you deal with Dubai Agents, they are acting on behalf of the SELLER. When you use the Dubai Property Buying Service we are acting on YOUR behalf. Both we and you still have to use all of the Dubai Agents and Property Companies to get the best possible deal for you. Additionally we can handle all of the paperwork on your behalf and give you facilities of our Client Accounts to ensure secure payments. This service helps you with all aspects of the buying process, gives you additional peace of mind and another opinion on the price you pay.
Why Do You Charge 99 for the Property Buying Service?

The charge is only made once a property is purchased. However, the 99 is lodged into the client account at the start of the process. If no property is purchased the 99 is returned from the Client Account. Our company follows this procedure to identify customers who are serious about getting a property in Dubai. Then we can work hard on their behalf. It is actually a very low price to pay for such a good service.
What Do You Openshore Do?

Our primary role is to provide help and advice to UK buyers wanting to purchase a ready property in Dubai. We deal with the whole purchase process by selecting the right property, dealing with all the paperwork, arranging the property transfer, helping you make payments and dealing with all your enquiries. We can also manage your property as a property investment, renting it out on your behalf and if necessary we can also re-sell it in the future. Our property buying method ensures you get the best deal. We agree a property that is right for your budget and needs and then go and get the best possible deal on such a property. Our process means we have access to all of the properties in Dubai as we do not limit ourselves to any particular Dubai agencies but deal with all of them. Our Key services are:The Dubai Property Buying Service from just 99 The Dubai Property Selling Service Investment Package Studio or 1-Bed Units
Which Property is Best for Investment?

This depends on your objectives. For most of our customers who are investing for capital growth and rental income, residential apartments are offering the best return and tend to be more affordable than Villas as they are smaller and thus lower priced. If your budget is larger, then we advise you purchase multiple small apartments (Studios and 1-beds) as these are easiest for us to rent out at good yields. We also expect such properties to appreciate well and easier to resell, should you want to switch to a larger property or villa for your own use in the future.
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What are the Advantages of a Clients Account?

M oney in the clients account belongs to the customer and is a convenient and safe way to pay for overseas property. We use several currency converters to ensure the best possible conversion rate if currency conversion is needed. Please ask for the Client Account payment process sheet for full information.
Can I Get a Property Visa?

Citizens of UK and many other countries automatically get a 30 day visa which actually enables you to stay for maximum of 60 days and can be further renewed. Our experience is that others usually get a Work Visa, Investor Visa or a small business visa. Property Visas (which last 6 months and still have to be renewed) have not proved that popular and are only applicable to properties over AED 1m (about 180,000). There are plans to extend this now to 3 YEARS renewable Property Visa. For the purpose of most people and investors who wish to buy, sell and rent property, and visit Dubai for holidays, a property visa is not required. Here is the text from the UAE Embassy Citizens of the UK (with right of abode in the UK) will be granted a free of charge visit visa on arrival in the UAE. No application in advance of travel is necessary. Your passport will simply be stamped with the visit visa as you pass through Immigration at any airport in the UAE. Although the visa may be stamped for 30 days, it entitles the holder to stay in the country for 60 days and may be renewed for an additional period of 30 days.
How Can I Pay The Lowest Price?

In the current market property prices are low and it is important to select the best property. There is no advantage in buying a property that is not possible to rent out or hard to re-sell. We can get a lower price or a better and larger apartment for the same price if we can let many sellers compete for the sale. Our process enables us to do this.
What Are The Risks Of Buying?

We only deal with Ready Properties. This takes away many of the risk associated with overseas of-plan property. For investment properties, Additionally we focus on ease of renting and even offer a rental guarantee with our Studio and 1-bed apartments. As property prices are already low, the risk of a further property collapse are minimal. However, there are risks with all investments and property nowhere is immune to risks as property prices could fall as well as rise. We believe they will rise over the medium to long term.
What Are the Costs of Property Purchase?

-99 or AED 500 Dubai Property Buying Fee payable to Openshore. See Buying Section for larger properties. -2% Sales Fee payable to the Sellers Dubai Agent -2% Dubai Government Transfer Fee -There may be fee payable for additional documents with certain properties
Can I Get A Dubai Mortgage?

The short answer is NO. M ortgages stopped completely after the credit crunch in 2008. Now they are available again to Dubai Residents who have been in Dubai for 6 months, have a job in Dubai and have their salary going directly into the UAE bank that is giving the mortgage. M ortgages of up to 70% to 80% are available on selected properties but interest rates are much higher than UK. This will not apply to overseas residents. M any of our customers have re-mortgaged their existing property to raise the investment funds.
What is a Residents Association?

All the property owners of a particular development become members of the residents association and follow the standard rules as laid down within the purchase agreement. You become a member of the association when you take possession of the property. The Residents Association is ultimately responsible for the communal services and the mutual harmony of the
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otherwise) for any losses sustained and arising out of or in connection with use of this brochure including, without limitation, loss of profits, loss of data or loss of goodwill (In all these cases whether direct or indirect) nor any indirect, economic, consequential or special loss. Openshore does not represent that the information contained in this brochure is accurate, comprehensive, verified or complete, and shall accept no liability for the accuracy or completeness of the information contained in this brochure or for any reliance placed by any person on the information. Please note pictures of buildings, rooms, reception, pool etc are not actual pictures and are used for illustration purposes only. You should obtain independent professional advice prior to any investment.
development community and works on behalf of all the residents.
Who is the Services Manager?

The services M anager is a company appointed by the Residents Association. In the first few years this appointment is normally made by the developer or the developer itself may be the M anager to ensure continuity. The manager overseas all the communal tasks such as maintenance of the communal areas, security, gardens, refuse and general repairs. They report at least annually to the Residents Association and also have to produce audited accounts on how service fees are spent.
What Are Service Fees?

The Service M anager will charge a fee for each flat (normally proportional to the size of the flat) in order to pay for the communal services and security. This charge will vary depending on the levels of services and is normally between AED 8 to 16 per sq ft (or 800 to 2000 for an apartment per year.)
Standard Disclaimer
Please note that as with all property, prices can go down as well as up and all the growth forecasts and rental yields are estimates and may be lower or higher that the figures stated. While Openshore has taken care in the preparation of the contents of this brochure, this brochure and the information, names, images, pictures, logos, icons regarding or relating to Openshore and/or Openshore group of companies, or the products and services of the same (or to third party products and services), are provided on an 'as is' basis without any representation or endorsement being made and without any warranty of any kind, whether express or implied, including but not limited to, any implied warranties of satisfactory quality, fitness for a particular purpose, non-infringement, compatibility, security and accuracy. To the extent permitted by law, all such terms and warranties are hereby excluded. In no event will Openshore be liable (whether in contract or tort (including negligence or breach of statutory duty) or
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Dubai Property Buying Service
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Dubai Property Buying Service

Villas 1 General Brochure

wwww.openshoreproperty.com Call: 01282 882017

Villas 1 General Brochure

Important- Two Key Services

Important- Two Key Services

1.Investment Villa Packages

2.Dubai Property Buying Service

wwww.openshoreproperty.com Call: 01282 882017

Villas 1 General Brochure

Buying Service How It Works

wwww.openshoreproperty.com Call: 01282 882017

Villas 1 General Brochure

How to Start Using The Service

Villas 1 General Brochure

Main Freehold Villa Regions of Dubai

Villas on Palm Fronds

Emirates Living Villas Springs, Lakes, Meadows

Developed Nakheel Areas Jumeirah Park, Islands, Village

Inland along Emirates Road

Jumeirah Golf Estates Arabian Ranches Al-Barari The Villa Project

Emirates Living Region

Key Freehold Villa Areas

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Villas 1 General Brochure

Developed Nakheel Areas

Major Developments still onhold

Inland along Emirates Road

wwww.openshoreproperty.com Call: 01282 882017

Villas 1 General Brochure

Emirates Living & Nakheel Villas M ap

Emirates Living & Nakheel Villas Map

Villas on Palm Fronds

The M eadows Villas Jumeirah Islands Villas The Lakes Villas

Jumeirah Village Triangle Villas

Jumeirah Golf Estates Luxury Golf Villas

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Villas 1 General Brochure

Small Townhouse Villas

Springs Type 4M/4E

AED 1.1 mil

AED 1.6 mil

AED 1.6 mil

AED 1.6 mil

AED 1.9 mil

AED 2.1 mil

AED 2.1 mil

AED 2.2 mil

Large Townhouse Villas

Jum Village Circle

Sports City Victory Height 4-Bed

Springs Type 1M/1E

Jum Village Circle

AED 2.3 mil

AED 2.5 mil

AED 2.7 mil

AED 2.8 mil

AED 3.3 mil

AED 3.5 mil

AED 3.6 mil

AED 4.0 mil

Small Detached Villas

Jumeirah Village JVT

Jum Park Legacy