Sunday, May 5, 2013

Properties Dubai Offers Make Great Acquisitions - ArticleSnatch.com

In 2009, the world waited with bated breath as Dubai's economy seemed to be headed for a catastrophe following reports about the city's massive debts. In response to this news, the stock markets in both Europe and Asia experienced jitters while the real estate sector's superb performance ground to a halt.

To everybody's surprise, Dubai was able to continue becoming the most dominant force in the region. In fact in overseas properties, Dubai is still the primary choice for investment across the world. Abu Dhabi helped the city rise as its policies on investment and ownership of properties improved the course of the industry. These and other factors has caused the city to become one of the major tourist destinations.

For those who are not yet convinced in investing in Dubai, the following are compelling reviews to clear out any hesitation you have in mind.

Take into account the difficulty of the suppliers to catch up with the demand for building properties. More and more property developments have shown up and the suppliers are trying their best to respond to the need.

Investors like you should also know that the properties in Dubai are all in high quality. In fact, the limited supply and increasing demand only enhanced the appreciation of assets. In the years or even months to come, there will surely be a significant increase in the value of these units up to 200%. If you are looking for the real deal in terms of profit, you should find this information useful.

On the converse side of the coin are investors who buy to let. On average, property owners earn between eight to ten per cent from renting their properties. The rates of returns are particularly high for properties located in and near Palm Jumeira and Burj Dubai's Old Town.

Population growth is another important factor that property investors should be keen on. This is seen to counter numerous developments down the pipeline which could result in an oversupply. Experts are predicting that Dubai's population will grow to about five million, further increasing demand for properties. Additionally, the influx of tourists and expatriates to the country help fuel demand for serviced hotels which property investors should look into. Across the globe, demand for serviced apartments is growing in number as it affords it occupants the comfort of home living with the luxury of staying in a hotel.

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Source: http://www.articlesnatch.com/Article/Properties-Dubai-Offers-Make-Great-Acquisitions/4606112

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