Quote:
Originally Posted by flick0069
For someone looking to invest at this time, how would you compare these two markets? Which has better opportunities for capital appreciation? Have Abud Dhabi prices risen as fast as Dubai?
|
I think what sets the two markets apart is the ambitions of Dubai and the level of Government backing that Dubai is getting. The Dubai seems to have that much more ambition then Abu Dhabi. The level of offshore investments being injected into Dubai, with its nothing is impossible attitude is giving Dubai that edge over Abu Dhabi. You just have to look at the level of the projects in Dubai and you know that its not too long before it reaches par with other prime real estate markets such as Hong Kong and New York...therefor the potential for growth is huge. At present it does not require much investment to enter the market but that scenario will not be for long as real estate value is rising at a rapid rate.
If you are thinking of onvesting then get in touch we have a number of our own projects in Dubai, Dubailand to be precise.