Dubai real estate market
Most that arrive in Dubai pontificate as to why the market does not operate on traditional real estate fundamentals and how it must be then set for a bust. Contrarians seem to focus on the uniqueness of the Dubai real estate market and stress the out of the box components such as population growth that is 3-4 times that of other developing cities around the world.
Many Dubai investors are finding that shortstay renting produces much higher than average returns and given average hotel rates of $232 US per night the demand is pushed to find alternatives. For more information on Dubai apartment and villa rentals and furnishing options
What a great investment aportunity
|