Released on = February 7, 2007, 7:20 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = Despite recent predictions of a crash in the Dubai property
market, market research and economic forecasts carried out by leading Banks and
Finance houses show a positive trend towards a soft landing.



Press Release Body = Despite recent predictions of a crash in the Dubai property
market, market research and economic forecasts carried out by leading Banks and
Finance houses show a positive trend towards a soft landing.

The huge growth of real estate and with it foreign investment, caused by a creative
initiative to encourage private participation in the real estate sector, has meant
that the market will become flooded with apartments. Whilst this level of
construction outstrips the natural population demand, Principal International,
leading overseas property investment experts say that investors are still buying
here because of the massive demand for mid price range rental property to
accommodate the ever increasing numbers of tourists and the growing expat community.


Simon Ryeland, Director of Principal International confirms there are a growing
number of enquiries every week for Dubai, and despite the recent predictions of
massive price rises, Principal International are still able to offer apartments in
Laguna Tower for under £155,000 see their website for details;
http://www.principalinternational.co.uk/

Analysts from EFG-Hermes believe that a distinct segmentation will emerge between
those looking for the luxury end of the market and those looking for the more mid
range investments. The latter is expected to attract the higher occupancy levels and
therefore give healthier investment returns. With its sub tropical climate and
virtually no rainfall, Dubai is considered to be one of the Worlds most popular
destinations for holidaymakers, and continues to be a sound investment opportunity.
The occupancy levels regularly achieve 75-85%, and with its reputation as one of the
safest cities in the World, this tax free investment will continue to attract the
shrewd buyer.


Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

441483748629
press@principalinternational.co.uk
http://www.principalinternational.co.uk