Monday 9 June 2008

Good investment with $ 100K in Dubai

While the reputation of Dubai often goes before it, there is still scope to get a foothold in the property market for $100,000. This thread offers a useful array of leads taking in completed developments and developments which are still under construction. Despite the concern that the property market is becoming a little saturated, Dubai still seems to have much to offer. The Dubai economy has been fairly buoyant for some time, and still attracts a whole host of Western companies looking for a base in the region. A popular area of the world, which has its obvious pitfalls (such as periods of instability in the region) Dubai still continues to attract investors.

Despite many people looking to call an end to the Dubai property boom, it seems that there is still substantial interest in the area. However, whether the number of developments in the pipeline will see the market soften a little remains to be seen. When you strip away the concerns about short term saturation of the property market, the Dubai economy and outlook still offer cause for optimism, with many western companies still using the State as a base for their Middle East operations. At some stage you would assume that demand will have to catch up with supply, but longer term the picture still seems fairly rosy.