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Property in 'Dubai best suited for growth'

Property in 'Dubai best suited for growth' People looking to invest in an overseas home may want to turn their attention to property in Dubai, as it lies within an area that is currently the best-suited in the world for growth, according to one expert.

Chintan Mahida, marketing director at Nubricks.com, said that Asia is currently appealing to many prospective buyers because there is a huge potential to make big gains on purchases in a relatively short space of time.

"From a stock market perspective it seems to be doing better as well because they are still on for growth this year," she explained.

As a result of this industry growth, Ms Mahoda says there is a subsequent demand for more property in Dubai to be built as people move to the area to take advantage of the excellent market opportunities.

According to the recently-published NatWest International Personal Banking Quality of Life Index, the United Arab Emirates is currently the fifth most popular country in the world with property investors from the UK.
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Published: 11-Aug-09

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