Category Archives: Press Releases

Openshore Property Sees 31% Increase in Low Cost Dubai Apartment Sales due to Dubai Property Purchase by Middle East Investors

In the 6 months from January to June 2014, Openshore Property has seen a 31% increase in sales of low cost investment apartments under AED 600,000 (£100,000) to Dubai Property buyers from all over the world, compared with the same period last year. The increase has been driven by buyers from the Middle East.

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Financial Centre

The second Dubai Property Boom is Forcing Buyers to Switch Once More to Non-Prime Areas in Search for Low Cost Investment Property in Dubai.

The latest Dubai Property survey by Openshore Property shows that rising prices in Dubai with lower rental yields in the prime sea-side areas are forcing investors to look inland where property prices are lower and rental yields higher. The same trend was observed when property prices rose in a similar manner in 2006 to 2008.

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