We just came across this article.
While most of us are not in a position to buy a DH42 million property on the Palm Jumeirah ($11,666,666,66), the world’s eyes are on Duabi thanks to its winning Expo 2020. 2013 saw incredible gains on property in Dubai (some areas seeing a 20% YOY growth rate). While at least one of us at listaproperty.com is kicking ourselves for not buying property, it appears it is not too late to buy property in Dubai and see impressive returns. Again, most of us cannot afford to buy luxury properties – but there are still loads of affordable areas in Dubai that are seemingly positioned to see impressive increases in prices for 2014. “UK-based consultancy, believes property prices will jump by 10 to 15 per cent in 2014 driven mostly by Expo 2020 development, buyer incentives and a relaxation of cooling measures.”
Business Bay, Green Community, Discovery City, Sports City and Motor City are areas we keep hearing to watch. Vist www.listaproperty.com to find apartments for sale in Dubai and beyond…..