Dubai 'top for long-term property investment'
23rd December 2008
With the jobs market in the emirate continuing to be strong, Dubai remains one of the best long-term destinations for property investment, experts have claimed.
Coming just weeks after the latest addition to Dubai's burgeoning luxury holiday market, the Atlantis hotel, was opened with a lavish ceremony, one UK-based property advisor has stepped up his efforts to promote the investment potential of property in the area.
Writing in the Gulf News, Mohammed Kashani-Akhavan explained: "Dubai is one of the best cities in the world for property investment in the long-term.
"It is a great time to invest because the golden rule of successful property investment is to buy low when everybody else is selling.
"Dubai's capable and committed leadership has managed to turn Dubai into one of the most important cities in the world and said that should give investors every confidence in Dubai's future prosperity."
This advice follows on from the recent news that Dubai-based construction firm Meraas Development has unveiled plans for a new £63.8 billion property project, though it has acknowledged that the original plans may be modified in the light of the current global economic situation.
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Dubai
23rd December 2008
With the jobs market in the emirate continuing to be strong, Dubai remains one of the best long-term destinations for property investment, experts have claimed.
Coming just weeks after the latest addition to Dubai's burgeoning luxury holiday market, the Atlantis hotel, was opened with a lavish ceremony, one UK-based property advisor has stepped up his efforts to promote the investment potential of property in the area.
Writing in the Gulf News, Mohammed Kashani-Akhavan explained: "Dubai is one of the best cities in the world for property investment in the long-term.
"It is a great time to invest because the golden rule of successful property investment is to buy low when everybody else is selling.
"Dubai's capable and committed leadership has managed to turn Dubai into one of the most important cities in the world and said that should give investors every confidence in Dubai's future prosperity."
This advice follows on from the recent news that Dubai-based construction firm Meraas Development has unveiled plans for a new £63.8 billion property project, though it has acknowledged that the original plans may be modified in the light of the current global economic situation.
<< Back to News