About Condo Hotels, Dubai Condo Hotels

Condo Hotels are Hotels that offer ownership of it's units to buyers. The concept of Condo Hotels is descendant from the time share system where owners can use their unit or put it into a pool for rental when the property is not in use. With condo hotels the property is generally fully furnished condominiums that are larger than average hotel rooms. When not in use, the property is overseen by the hotel’s management team who will handle the occupancy of the property along with housekeeping, and many more services detailed by the developer. Most Condo Hotels are located in cities like Miami, Las Vegas, and many other destinations where tourism rates are high. Over the past decade the number of visitors to Dubai has grown from 1.08 million to 5.4 million, representing an annual growth rate of 16%. This rate of 16% is 3 times the world tourism growth rate for the same time period. More astonishing is that the past 5 years alone have supplied a 54% growth rate. Over 3.4 million tourists visited Dubai in 2001 and this figure is expected to grow to an excess of 6.0 million by 2010, forecasting 200,000 visitors a day. It is also estimated that it will take 6-10 years for the supply of hotels to catch up with the demand. The condo hotel concept fused with the tourism explosion to Dubai is a match made in heaven. We at DubaiCondoProperty.com look forward to assisting you in benefiting from this very unique opportunity.

For real estate investors interested in capitalizing on the incredible growth and appreciation of the Dubai real estate market, the Dubai condos, Dubai condo hotels, office and retail units as well as the many Dubai properties we offer have numerous tantalizing incentives. These incentives are available upon request.

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