International Real Estate Phenomena

Website design By BotEap.comThe Dubai Real Estate & Property Blog is a resource center for international property investors. Being the commercial hub of the Arab world, Dubai has experienced a real estate boom since 2002 when the government allowed foreigners to invest in Dubai property to boost Dubai and the entire UAE real estate market. For some years now, some have been saying that the Dubai real estate bubble was about to burst and that the real estate collapse was just around the corner. However, prices continued to rise and such fatalism proved unfounded. The Dubai real estate market is unique in many ways and as such does not follow the general rules of other real estate markets around the world and other real estate markets in the Middle East. The current rate of return on UAE property investments is in the region of 10 to 15 per cent per annum, and this rate is expected to continue for the foreseeable future, with rental returns in excess of 10% being further proof of the strength of the real estate market. The growth of Dubai’s tourism industry has been phenomenal, with 3.4 million visitors in 2001 expected to rise to over 6 million in 2010; From the very beginning, the area is becoming a magnet for foreign visitors. Many of Dubai’s real estate developments set out to emulate the world’s most prestigious residential addresses. However, the less glamorous middle-income gulf or Middle Eastern real estate market is increasingly attracting the attention of savvy investors. Dubai Properties is one of the biggest and has said it will deliver 5,000 units to the freehold market in 2008, which is not enough to meet growing demand. The Abu Dhabi property market will not deliver a single new property unit this year, with deliveries only starting at the end of 2009, creating additional demand in Dubai.

Website design By BotEap.comThe Mediterranean island of Malta has seen the highest growth in property prices of any European Union country, and recent news could help see double-digit property inflation in the coming years. Malta is not only a tax efficient location with beautiful coastal properties for sale or rent, but its warm climate, beautiful sea and sunny days will help you relax and retire in a friendly and safe property investment environment. in the Mediterranean. Sustained property inflation at the levels seen in Malta is rarely seen in other countries, but the new economic activity on the island could see property demand reach good levels for years to come. The introduction of low-cost flights to Malta from the UK will open up the possibility for more international property investors to look to the island for holiday homes that can be used for long weekends, and Malta’s hotel industry could reap the benefits of the 3 and Tourist of 4 days seeing the island as a viable place to visit. After a few years of wondering how Malta’s property market would fit into the modern world, Maltese estate agents, hotel owners and the holiday industry are beginning to look to the future with some optimism.

Website design By BotEap.comDue to the gains in home equity in the last 20 years, more people have been looking to invest in housing, rather than other forms of investment. In the UK there has been an increase in the number of private purchases to enable investors. Similar to an increase in the buy-to-let sector, there has also been an increase in demand for houses from overseas property buyers. This has had a significant effect on boosting property demand, especially in London. In terms of land mass, the UK is an incredibly small country, but it attracts one of the highest levels of immigration in the world. Property supply is always tight in the UK and this exaggerates price fluctuations and ensures a recovery. Arabia’s most patient buyers will be well rewarded.

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