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Huge Growth in Dubaiís Freehold Market
The massive increase in expatriate residents has fuelled an unprecedented demand for freehold property in Dubai. The annual population increase has been around 10% for the last 5 years and it has been estimated that around 900,000 new jobs are likely to be created under the Dubai Strategic Plan 2015, so there is little sign of this slowing. Dubaiís population is estimated to be 2m by 2010.
This enormous demand for freehold housing is far outweighing the amount of new residential properties that are being completed. This is ensuring that the real estate market in Dubai is flourishing. You can expect up to 20% growth annually on the right project.
Market experts estimate that that the demand for freehold residential housing will increase up to ten-fold by 2010. However purchasing a property in Dubai for investment purposes can be a risky business, there are a multitude of different projects available, different areas and different styles, Vista Dubai will help you carefully analyse your options. We will help you to make the right decision for you by utilising the knowledge of our in-house experts.