Property

Picking up a bargain in the malls or the souk isn’t enough for many of Dubai’s visitors: they’re in the market for the perfect holiday or investment property as well.



Changes in the rules to make it easier for foreigners to buy property in the Emirate have triggered a massive building spree. High rise apartments compete with detached villas and even if you don’t want to buy a sales tour can be a great way to pass a spare afternoon. If you are tempted to sign on the dotted line it will always pay to get professional advice first – and if you hope to rent out your property to make some extra money you need to be realistic about how attractive it will be when so many other homes are being built all around. The jury is still out on Dubai’s long term prospects as an investment. But fortune may end up favouring the brave so it’s worth keeping an open mind.