I just read an interesting article about the UAE (i.e. Dubai) domain market. Seems as though the authorities have opened up .ae domain ownership this August. previously I think it was very cumbersome to own any of these .ae extentions.
I was speaking to one of the registrars recently it seems as their is a almighty rush for registrations happeing at the moment. I did some brief checks and found that all the really good generics have gone although there may still be some specific niches left.
The secondary market seems to have gone through the roof on this. For example
tv.ae sold for $8000
apartments.ae sold for $7000
cruise.ae sold for $3000
I know its still a lot less than other TLD for other countries for the same generics BUT that makes it all the more exciting I guess.
I am beginning to think its a great market to be in at the moment, considering that its devalued..Dubai as you all probably know has a lot going for it a large expat community population around the 5 million mark and growing rapidly spiralling internet use and an unbelievable property market (incidentally all the good property generic domains have gone).
Would love to know what others think. As i am considering going into this space.
I was speaking to one of the registrars recently it seems as their is a almighty rush for registrations happeing at the moment. I did some brief checks and found that all the really good generics have gone although there may still be some specific niches left.
The secondary market seems to have gone through the roof on this. For example
tv.ae sold for $8000
apartments.ae sold for $7000
cruise.ae sold for $3000
I know its still a lot less than other TLD for other countries for the same generics BUT that makes it all the more exciting I guess.
I am beginning to think its a great market to be in at the moment, considering that its devalued..Dubai as you all probably know has a lot going for it a large expat community population around the 5 million mark and growing rapidly spiralling internet use and an unbelievable property market (incidentally all the good property generic domains have gone).
Would love to know what others think. As i am considering going into this space.