Property in Dubai 'has a range of attractions'

Investors have a range of cultural and leisure attractions to tempt them when buying property in Dubai, according to an industry expert.

Property finder Tailoredhome.co.uk says Dubai is a prime example of how an ideal home can be found in "pretty far-flung destinations".

Those who previously invested in property in Dubai have already seen a "considerable" increase in the value of their home, the site asserts.

Rental yields have also been good in the first of the United Arab Emirates states to allow foreign freehold ownership.

The emirate offers a "variety" of attractions including kilometres of coastline and excellent leisure facilities, coupled with huge commercial districts.

Entertainment complexes and manmade islands offer a popular enticement, with developments such as The Palms and The World enticing potential investors to property in Dubai.

The site concludes that the expansion of the state's airport will further increase overseas attraction, with private accommodation construction sustaining demand.

Government figures recently revealed that Dubai's economy will continue to grow by 2.5 per cent in 2009, in spite of worldwide recession.