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Investors to benefit from new Dubai flights

Article Date : Wednesday, May 07, 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Owners of property in Dubai could be set to benefit from the launch of new flights to the region.

According to the Chicago Tribune, United Airlines is preparing to introduce direct services from Washington at the end of October.

This suggests that the United Arab Emirates could be set to see an increase in visitor numbers during the following months.

As a result, people who own rental accommodation in Dubai may be able to cash in on the greater demand for temporary lodgings.

Furthermore, the increased interest in the region should encourage further growth in its housing market, which means investors' assets will appreciate in value.

A United Airlines spokesperson was quoted as saying that the carrier wants to tap into the Dubai market because it is a "thriving" economy.

He commented: "Commerce and tourism are growing exponentially in Dubai."

Since 2002, more than 100,000 Britons have purchased property in Dubai, according to Barclays.

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