Tuesday, March 19, 2013

Investors from Singapore and Iran snap up Dubai properties


A wave of Singaporean and Iranian money is set to hit the Dubai prime property market as the city recovers from the financial crisis.

Knight Frank said yesterday that prime villa prices in Dubai rose 20 per cent last year, with Indians, Pakistanis and Russians emerging as the top three buying nationalities.

But the broker expects buyers from Iran and Singapore to lead the international investor pack this year - targeting prime properties.

Read more:
http://www.thenational.ae/thenationalconversation/industry-insights/property/investors-from-singapore-and-iran-snap-up-dubai-properties#ixzz2Ny209uMf

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