french property choice

Fujairah is a sovereign state or emirate of the United Arab Emirates (UAE), has the second smallest population of the seven emirates - approximately 130,000 residents. Fujairah is the only emirate with a port outside the city on the Persian Gulf, this port on the Arabian Sea is considered a key strategic strength of this emirate in the event of a naval or military actions that are close to the Strait of Hormuz at the mouth of the Persian Gulf.

The geography of Fujairah is not what you would expect from one of the emirates of the United Arab Emirates, it is rugged and mountainous areas with beautiful unspoilt beaches and numerous islands off the coast with coral reefs attract divers from all over the world. This mountainous emirate has a higher rainfall and lower average temperatures than in the other Emirates, especially the desert, which makes it a good destination for both UAE nationals and foreign tourists.

Until 2002, free hold property in the United Arab Emirates UAE and has been at GCC (Gulf Cooperation Council) citizens, at this time, the emirate of Dubai was the first of the emirates of the United Arab Emirates, so free hold property for foreigners. Unlike some of the other that the Emirates Dubai, followed by lead and opened some areas to free up foreign ownership, Fujairah has a more conservative approach and focuses on the tourism and industrial development.

Fujairah is in the process of examining a law (similar to that of Dubai's), so that freedom of foreign ownership of residential property. At the moment, however, the government of Fujairah has only one development, the 43 story Al Jabar tower available free for foreign ownership. This tower, by Al Jabel Contracting States, will house showrooms, commercial shops and 270 apartments. The traditional custom of the United Arab Emirates foreigners to hold property under a 99-year lease is still the main option for expats who wish to invest in the Fujairah housing.

Industrial development is booming in Fujairah, the Fujairah Free Zone, in a similar way to free zones in the other Emirates of the United Arab Emirates, so that the possibility of fully foreign-owned firms. In recent times was a big announcement about the construction of an oil pipeline from Abu Dhabi and a liquefied natural gas hub on the coast of Fujairah. The establishment of this strategic natural resources and storage center hub on the Arabian Sea are more than two square kilometers of land from the Arabian Sea.

The government's main development focus, other than industrial development, is tourism. Is currently planning a tripling of current properties available to 1500 tourists by 2012. Some of these new properties are in the recently announced Al Fujairah Paradise Resort, the resort will house hotels and an estimated 1,000 five-star villas. The plant is expected within the next two years. Some other resorts and hotels are rumors that are in the planning phase for this emirate, as national and international tourism is projected to continue strong growth in this unique, unspoilt emirate.

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