Property developers in Dubai are riding off the back of Emirates Airline's route expansion to find new buyers.
The number of nationalities flocking to the city to buy Damac Properties' apartments and villas correlates with the Dubai-based airline's routes, the company said.
The developer had buyers from 71 nations and the number increased each time Emirates opened a new route, said Ziad El Chaar at a media lunch to advertise Damac's new Paramount Pictures-branded hotel and apartment scheme.
He said interest came from wealthy buyers looking for holiday homes in Dubai.
Read more: http://www.thenational.ae/thenationalconversation/industry-insights/property/dubai-property-market-gets-major-lift-from-emirates-airline-global-expansion#ixzz2OAbe3039
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