Property for Sale in UAE

The UAE property market has matured dramatically in recent years, as the country seeks to diversify its economy away from oil and into sectors such as tourism and financial services, thus driving demand for property in UAE.

Properties in Dubai have so far attracted the greatest level of international investment as the emirate was the first to liberalise its regulations in relation to foreign freehold Dubai property ownership. Although the Dubai real estate sector has suffered as a consequence of Dubai’s recent financial concerns, the debt crisis is now being turned into a Dubai property investment opportunity. Economic fears are starting to ease and more investors are starting to acknowledge an opportunity to buy homes in Dubai at rock bottom prices. While there are a number of apartments in Dubai to choose from, villas in Dubai are in much shorter supply.

Property in Abu Dhabi, the richest and most powerful of all the emirates, has fared better during the economic downturn, thanks to the strength of the Abu Dhabi property market, and economy at large. The projected shortage of homes in Abu Dhabi is opening up new avenues for investors seeking to capitalise from the Abu Dhabi real estate sector, particularly as far as houses in Abu Dhabi and apartments in Abu Dhabi are concerned.

The UAE property boom also boosted international demand for property in Ras Al Khaimah, homes in Ajman, and properties in Sharjah. A number of new UAE homes are being built across these emirates, including the first ever fully integrated Ajman property complex.