Dubai rental property to see greater demand

12/05/2008

It has been suggested that the property owners of buy to let housing in Dubai could be place to experience a rush in demand over the next few years.

About seven million people booked temporary lodgings in the region last year.The organisation believes that by 2010, this number could increase to as much as ten million, according to Dubai Tourism and Commerce Marketing (DTCM),

This means buying rental property for sale in Dubai could potentially be a highly lucrative investment.Khalid Ahmed bin Sulayem, director general of DTCM, commented: "The next three years will see the most dramatic developments in tourism projects in Dubai."

He added that the organisation is poised to play a "crucial role" in ensuring the Dubai continues to attract tourists from across the world.The predictions come shortly after NuBricks.com said the popularity of Dubai with global leisure travellers is having a positive impact on the region's economy.

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