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 Dubai resale market ‘snowballing’

 

Tuesday, April 01, 2008


The resale market in Dubai is flourishing, claims Profile Europe

With so many emerging markets worldwide still in their infancy, many investors have not faired well and ‘buyer’s remorse’ is regrettably common place.

The same cannot be said for Dubai; a city created out of the sand that many feared was aiming too high, too quickly, has firmly established itself as one of the best investment markets ever.

The key to this success is the booming resale market, which is likened to a proverbial snowball ‘it keeps getting bigger and bigger’. The knock on affect is that confidence is growing daily in Dubai as more and more are reaping the rewards.

‘Fastest growing city in the world’

Oliver Hickey, UK Sales Director of Profile Europe (UK) Ltd commented: “Investing in Dubai, which is the fastest growing city in the world, is both exciting and rewarding. Investors from all backgrounds are either buying off plan or at the early construction stages and are revelling in their financial gains.

“It is worth remembering also that Dubai is still only in the early stages of its development cycle and with its achievements to date coupled with its plans for the future, investors are promised a smooth ride.

Dubai cannot be likened to any other overseas market as it is simply unique. In terms of its quality, size, durability and value for money it is undoubtedly in pole position”.

 
 
     
     
 

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