Expat Health Insurance News: Dubai property market 'beginning to move' -
Quick Quote
  • (inc. country & area code)
  • Please note this service is only available during London office hours. If your call is urgent we will endeavour to get back to you at the earliest possible opportunity.
  • This field is for validation purposes and should be left unchanged.

Call us today: +44 (0) 20 3551 6634

Expat Health Insurance News: Dubai property market 'beginning to move'

Expat insurance customers considering relocating abroad and purchasing real estate in a foreign country may be pleased to hear movement has returned to the property market in Dubai.

BuyAssociation editor Paul Collins said this has occurred after "a couple of years of total inertia".

However, there are only "indications" that the sector is beginning to become more liquid, he continued, describing it as "very much in a waiting stage" at the moment.

Tax rates in the region are particularly low, so it has always been a popular destination for high-net-worth people, the specialist remarked.

Furthermore, Dubai has logistical benefits and is becoming an international hub for companies, as it is possible to travel to most places on Earth from the area, Mr Collins added.

Recently, Reidin.com reported the emirate's housing market performed strongly during March 2011, with its Residential Property Sales Index rising 3.4 points from 170.8 to 174.2.

This demonstrates a month-on-month growth of two per cent, the firm noted.

Expatriate Healthcare specialise in providing international health insurance. Make sure you're protected.
© Expatriate HealthcareADNFCR-1788-ID-801343289-ADNFCR

Latest Expat News
South AmericaNorth AmericaAfricaAustralia & New ZealandAsiaEurope