Enter your email address below to subscribe to Property Newsdesk Dubai!


Tuesday, March 29, 2005

From oil to property in Dubai

Dubai's property sector was only released from restricted ownership just over two years ago and the current interest in property in Dubai is no co-incidence. Faced with falling oil reserves, the Dubai government made a conscious decision to sell their other less tangible assests: sunshine and glistening blue seas. Combine these with some of the most inventive and creative archictectural developments seen anywhere in the world and Dubai becomes a hotbed of investment activity.

For those considering buying property in Dubai, procrastination is a luxury that no-one can afford. With 7000 villas selling out in 24 hours, the time to invest is now! Although it will take sometime for freehold property prices to find their correct market level, it seems that the property boom in Dubai is set to continue for some time to come and for investors interested in getting in on ground level markets, Dubai presents fantastic opportunities.

0 Comments:

Post a Comment

<< Home