Property for sale in Dubai increasing in value

05/06/2008

According to real estate property experts, the price of property for sale in Dubai is ongoing to increase. Sandcastles-Property.com illustrated the increase of the housing market over the last few years as "extraordinary".

This means that overseas property investors who enter the market early could get a residence for a relatively low price, as values will be much higher further down the line.

In addition, people who own a house could potentially make a considerable profit should they choose to sell up after its value has increased.Paul Greaves, spokesperson for Sandcastles-Property.com, said: "Investors are now looking outside the eurozone at markets such as Dubai to invest in property."

He added that the region's popularity is partially due to high prices in Europe and the weakness of the pound against the single currency.

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