In an effort to reduce the traffic flow over Maktoum Bridge and the Creek in Dubai, a floating bridge has been opened linking Omar Bin Al Khattab Road in Deira to Shaikh Khalifa Bin Zayed Road in Bur Dubai. This floating bridge has been a big success in relieving the stress of the traffic over Maktoum Bridge particularly at peak times. This is a temporary structure and will be replaced by a permanent bridge in due course but Dubai is doing everything in its power to keep the traffic flowing around its ever increasingly populated road systems. This is a strong indicator of how Dubai is taking its responsibilities seriously towards its residents and visitors by putting expensive measures in place to support its populace. One of the biggest criticisms of Dubai in recent times has been the traffic congestion as a result of the building expansion program so it is really encouraging to see new roads and bridges being opened up to ease the flow during rush hour. The floating bridge in Dubai is a great example of this in the fact that being a temporary structure, the RTA in Dubai is doing everything in its power to keep Dubai moving.Dubai RTA is constantly monitoring the traffic and making plans to ease congestion and subsequent pollution. In order to support this, another major project is underway which is the Monorail system due to be operational by 2009. Already its infrastructure can be seen along the main routes along Sheik Zayed Road and will be a great bonus to ease traffic as it links all the major shopping malls, tourist attractions and the business areas from the City, Old Town and Financial District right the way down to Jebel Ali. Dubai floating bridge is the 4^th bridge to be built over the creek to ease the traffic congestion. It is a 6 lane bridge accommodating 6,000 vehicles during peak hours and stretches across from Deira City Centre and Dubai Golf and Yacht Club to Riyadh Street by Dubai Courts and Creek Park. Open from 6am to 10pm the bridge is aiming at peak flow traffic and when it is replaced by its permanent structure, it will be open on a 24 hour basis with the main aim to reduce the traffic over Maktoum Bridge by 37%.

Dubai’s RTA supports best practice when it comes to road expansion programs, studying all the international information available and bringing in consultants to advise them of the way forward. Dubai’s aggressive expansion program to receive 15 million tourists by 2010 means it has to keep the population moving in order to keep the place an attractive area to visit. Traffic congestion just adds to the frustration levels of visitors and residents alike and ruins the lifestyle-vision Dubai is aiming to offer its residents. Therefore it’s constant upgrading of the road and bridge systems provide a welcome relief to residents who would think seriously about staying should this not be addressed. The new floating bridge has gone a long way to support this and enforces Dubai’s commitment to making life in this fantastic Emirate more bearable whilst all the building is taking place. browse thorough to find Dubai Hotel Apartments  of your choice  once you decide to visit Dubai and browse through alist of Dubai Hotels .

       

Dubai hotels sector is set to expand dramatically over the coming years. In 2006 Dubai hotels occupancy rates were the highest in the world at 86%. If you look closer at the 5 star hotel segment the occupancy rates are even higher at 92%. This is even with the highest price per room at $232 US. These rates of hotels in Dubai are even greater than the 5 star price per room night of cities such as New York and Paris.

The Dubai tourism boom is fueling these lofty numbers and are expected to increase their 5 million annual visitors to 15 million by 2012. Most of this boom is being driven by the city run airline Emirates. Emirates has 80 direct flights to destinations around the world and is expecting to add another 20 destinations over the next few years.

Dubai hotel sector is set to add a Palazzo Versace and the first Trump International project outside of North America. It is no mistake that the Trump organization has spotted Dubai as its first step into the region to begin its international branding initiative. Dubai Apartments is to add Bavaria Hotel apartment which consist of two thousand furnished apartments in Dubai on Sheikh Zayed road.

The tourism boom spearheaded by Emirates has been strategically driven by acting initially as the stopover point for Europeans and Asian connecting through their respective continents. Dubai hotel apartment have also reached the highest occupancy rate in 2006.

The strategy has now expanded into Australia and North America with new destinations such as San Francisco and Chicago to be announced pending airline orders. Additionally given the initial demand for its Australian and its lone North American destination New York Emirates has added additional daily flights.

Much of its future focus will be on capturing the North American market similar to what they have done in Australia in addition too aggressively going after the China market. Initial destinations of Hong Kong and Shanghai and now Beijing show Emirates is committed to China.

 

Dubai real estate market Much has been said about the phenomenal growth experienced over the past few years in the Dubai real estate market. Most that arrive in Dubai pontificate as to why the market does not operate on traditional real estate fundamentals and how it must be then set for a bust. Contrariness seem to focus on the uniqueness of the Dubai market and stress the out of the box components such as population growth that is 3-4 times that of other developing cities around the world. Additionally the high yields achieved by investors presently 6-7% for long-term rentals and 12-15% for short-term rentals seem to justify the further capital appreciation in the market to reach the traditional lower yields achieved in more mature markets. Is Dubai still a comparatively good value versus other markets? Let's take Singapore as an example. The average villa price per sq ft in Singapore is 1,050 AED and the average price for apartments is 1,350 AED per sq ft. Both Villas & Apartments in Dubai are on an average 10-30% below those #'s and be a similar regional hub would point to further potential appreciation in Dubai. Another component driving Dubai real estate is high hotel prices and huge corporate and holiday rental demand for shortstay or short-term rental options. Many Dubai investors are finding that shortstay renting produces much higher than average returns and given average hotel rates of $232 US per night the demand is pushed to find alternatives. For more information on Dubai apartments and Dubai villa rental and furnishing options feel free to visit us at  www.dubaishortstay.com

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