Tue, 27 Nov 07
Property prices are currently estimated to be as much as 50% below market value in
With a growing population and high rental returns available to cope with the growing local demand, Dubai is all geared up to become the most enviable and prosperous overseas property market ever.
Martin Bowen, UK Sales Director of Profile Europe (UK) Ltd says,
Sceptics originally predicted that there would be overkill on property and that investors would struggle to achieve property price increases and that the rental market would be non existent. Nothing could be further from the truth, the city will actually struggle to accommodate tourists, residents and workers, and - therefore it is an investors dream.
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