DubaiLandHomes

Dubai Property Market Beating The Crunch

With the worlds real estate markets suffering in the world's credit crunch created by the sub-prime mortgage crash, the Dubai Property market is beating the crunch with some Dubai projects selling out almost immediately, it is reported that Villas in Dubai have risen more than 70% in 12 months.overseas investors will remain keen to invest in the market. Other traditional markets are either stagnant or in recession, making Dubai even more attractive, especially when you factor in the absence of direct taxation, limited bureaucracy and low dealing costs. Rental yields on property in Dubai are high -between 7 and 15 per cent a Dubai Property Investment is still looking good to investors.