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The Fascinating History Of Property To Buy In Dubai

From sleepy little fishing settlement to glitzy mega-polis the evolution of property to buy in Dubai is truly fascinating. The options available for property to buy in Dubai are indeed awe-inspiring; and the size and scope of the endeavour to build Dubai in to a real estate wonder challenges the imagination.

The Emirate’s real estate blitz started in 2002 when freehold property to buy in Dubai became available to non-citizens. The same month Nakheel announced that Dubai property could be bought on the man-made island, The Palm Jumeirah. Since then the city’s shoreline and skyline has significantly extended. In Dubai you can buy property on man-made islands and marinas and some of the world highest skyscrapers.

A plethora of incredible properties to buy in Dubai, derive from the government’s vision to sustain economic growth beyond the oil boom. To entice investors to buy property in Dubai a fabulous product had to be provided. In each development in Dubai you can buy property that is unique in concept– for example Dubai Sports City, has properties that are part of a sports complex and Dubailand is centred on an amusement park.

The hype that followed these developments brought investors from as far as the US wanting property to buy in Dubai. Of course the plan was to attract people to buy property in Dubai and not just to speculate.

The attractions to people looking at property to buy in Dubai and make a home there are numerous. Factors like great employment prospects, tax incentives and a relatively inexpensive, yet exclusive lifestyle. Lots of recreation options also add to the appeal of property to buy in Dubai. But the bottom line is your ROI and property to Dubai delivers on this score. A Colliers report reveals that some property to buy in Dubai returned 226% between 2003 and 2007. Despite short-term dips experts agree that property to buy in Dubai is a winning proposition.

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