Dubai's 1.4m population will increase to an estimated 2.5m by 2010, much of that growth coming from expatriate professionals relocating to Dubai City and surrounding areas like Umm Al Quwain.
Fact: the Dubai region is now the fastest growing economy in the world, with an international reputation as a fast moving, dynamic and vibrant place to do business and live.
Dubai's success is partly due to its central location for emerging markets and trade with Europe, Asia, Africa and Russia, as well as being at the heart of the oil-rich Gulf region.
Most of the world's biggest financial institutions are currently setting up offices in Dubai and the Northern Emirates, as are major companies such as Microsoft, Siemens & Haliburton.
Why buy property in the Dubai region? While many parts of Dubai City have now been fully developed there are some fantastic emerging investment opportunities for the informed investor. The newest and most exciting property hotspots are Dubai Sports City in Dubailand and the beautiful coastal region of Umm Al Quwain.
The phenomenal success of central Dubai is putting pressure on the overall property market and is encouraging city professionals and international tourists to reside outside the main city.
This is generating a high demand for prime locations like the pristine coastline of the northern United Arab Emirates.
This will result in superb opportunities for off-plan investors looking for significant capital appreciation and high rental yields. Especially as attractive off-plan developments are now very limited on Dubai's coast.
Key facts about the Dubai property market
Property values in the Dubai region are expected to soar over the next few years
Solid economic growth is predicted
Dubai's economic success is fueling a property boom across the region
Prime locations near Dubai city like Umm Al Quwain will potentially benefit from the highest property price increases
Dubai is a world-class trade and business centre
Ideally located to serve the Tiger economies of the Far East
Dubai
UK/Manchester
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