Dubai or not Dubai?

Dubai as a property Investment Destination

There seems to be some debate on whether or Dubai remains one of the top 5 Hotspots for Property investment at the moment.It has been suggested that due to the property boom Dubai is currently experiencing the volume of new units coming onto the market in such a short space of time will shortly cause Dubai property prices to plummet.

Other arguments start with the worry that buying an apartment in an artificial city in the desert is extremely unfriendly to the environment, let alone the cost of air conditioning and water desallination!Then there is the recent escalation of warnings of terrorist threat to "High", meaning the most serious of four terrorism risk levels which the Foreign Office uses in its warnings, the others being "general", "underlying" and "low". But that threat is with us wherever we travel.Wherever you invest in property there will be considerations, other than the annual return.

Clearly, investing in any market carries no 100% guarantee, but it seems thart Dubai is still experiencing an extremely favorable upward appreciation in the property values, which are showing no sign of a downturn at the moment. There are at least 100,000 UK citizens resident in the UAE and more than one million Britons travel there every year, so it has not lost its appeal just yet.