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Investing in Dubai Properties – A Wise Choice or Not?
by John.Marshel on Nov 21, 2010
Have you ever thought of investing in a Dubai property in order to receive a rental return?
Dubai is the second richest emirate after Abu Dhabi renowned for its gigantic projects and ambitious life. Dubai offers a lifestyle far superior to other major cities attracting every year more and more people around the world including workers and curious tourists.
This year Dubai expects nearly 10 million tourists (40% increase compared to 2009). And today the emirate has over 2 million inhabitants made up of 150 different nationalities; over 65% of residents are foreigners who have come to Dubai for work usually for a limited duration. Considering the statistics, it is no doubt creating an attractive impact on business potential in Dubai local market. As far as the behavior of tourists is concerned, they prefer to rent a villa in Dubai for their holidays for ease, tranquility and luxury. On the other hand, the temporary residents of Dubai whose primary motive...Read More >>
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