Hamptons Newsletter

Welcome

Seasons greetings and happy New Year! At Hamptons, we are not only celebrating the coming of the New Year, but eagerly looking forward to the launch of Burj Dubai on January 4th, the world’s tallest tower. This launch demonstrates the amazing achievements Dubai has made in such a short period of time and will once again thrust the city to the world stage. 2009 was an eventful year with much to look back on and be thankful for. In addition to the achievements of our Hamptons' team, I am very proud of what we have achieved with our Emiratization Programme.

Inspired by the vision of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, we've seen the successful graduation of a group of fantastic Emirati National trainees and new hires as well as the inclusion of a number of new trainees and new hires at Hamptons International. Also, we continually strive and maintain our focus on our Emiratization programme as we believe the expansion of this vital programme is key to the development of our future business leaders of this great and proud nation, the United Arab Emirates.

This final issue for 2009 includes an inside peek into one of the trophy homes of Dubai in Emirates Hills, a market review and focus on the vibrant Downtown Burj Dubai, soon to be in the spotlight with the Burj Dubai launch and our properties of the month. Happy reading, and we look forward to working with you on your next property investment.

Best regards,

Dr. Brian Etemad, Esq.
Managing Director, Hamptons International

01. Downtown Burj Dubai

Average Sales Price per sq ft: AED 3,500 - 4,000

02. The Address Hotel, Downtown Burj Dubai

Average Sales Price per sq ft: AED2,100 - 2,800 Rental yield 5.7% - 10.8%
Average Annual Rental Prices: Studio: 100k-130k 1 Bedroom: 150k-200k
2 Bedroom: 270k

03. The Address Hotel, The Dubai Mall

Average Sales Price per sq ft: AED1,800 - 2,200 Rental yield 7% - 8.3%
Average Annual Rental Prices: Studio: 95k-125k 1 Bedroom: 130k-155k

04. 8 Boulevard Walk

Average Sales Price per sq ft: AED1,150 - 1,300 Rental yield 5.4% - 8.3%
Average Annual Rental Prices: Studio: 55k-77k 1 Bedroom: 80k-95k
2 Bedroom: 140k-150k

05. South Ridge

Average Sales Price per sq ft: AED1,300 - 1,450 Rental yield 4.5% - 8.5%
Apartments: Average Annual Rental Prices: 1 Bedroom: 100k-110k 2 Bedroom: 120k-130k

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06. The Residences

Average Sales Price per sq ft: AED1,550 - 1,700 Rental yield 4.4% - 5.5%
Average Annual Rental Prices: 2 Bedroom: 140k-160k 3 Bedroom: 160k-210k
4 Bedroom: 190k-240k

07. Old Town

Average Sales Price per sq ft: AED1,200 - 1,700 Rental yield 5.6% - 7%
Average Annual Rental Prices: 1 Bedroom: 90k-100k 2 Bedroom: 110k-125k
3 Bedroom: 125k-170k 4 Bedroom: 190k-200k

08. Old Town Island

Average Sales Price per sq ft: AED1,300 - 2,000 Rental yield 5.5% - 9%
Average Annual Rental Prices: 1 Bedroom: 90k-100k 2 Bedroom: 125k-140k
3 Bedroom: 150k-190k 4 Bedroom: 200k

09. Burj Views

Average Sales Pr sq ft: AED1,150 - 1,300 Rental yield 5.1% - 7%
Average Annual Rental Prices: 1 Bedroom: 75k-85k 2 Bedroom: 120k-140k

10. The Lofts

Average Sales Pr sq ft: AED1,250 - 1,400 Rental yield 4.2% - 7.6%
Average Annual Rental Prices: 1 Bedroom: 85k-100k 2 Bedroom: 120k-140k

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