With the new law passed in 2002 allowing foreign nationals to own freehold property in Dubai ownership is easier than ever. Simplifying the laws has also created new mortgage options.
Dubai has a 20-year track record of strong economic growth, infrastructure development and political stability. In the recent years, the city has been a continuous attraction for foreign investors.
Experts speculate that the population of Dubai will be doubled in 2010. This will turn Dubai into one of the world’s hottest destinations for expatriates and holidaymakers alike and this just bodes so exceptionally well for property investors.
The city of Dubai is pioneering the modern architecture and advanced construction techniques possible with present day materials and machinery. “Whatever will they do next?” is a phrase continually uttered regarding this subject.
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