Locations

Dubai

Dubai - a wise investment choice

As specialists in emerging markets, The First Group has turned its attention to the Dubai property market as an increasingly lucrative investment location, offering the chance to not only invest in residential property, but also the hugely profitable Hotel Apartment sector. With its firm presence as one of the world's number one property hotspots, demand for Dubai property is continuing to rise at an ever-expanding rate.

Far from its days as a barren desert and simple trading port, Dubai is now a dazzling metropolis, an internationally recognised financial trade centre, a tourist haven and a lure for expats and pleasure-seekers.

Dubai boasts one of the fastest-growing economies in the world due to its commercial trade with Europe, Russia, Asia and Africa and its location in the oil-rich Gulf region, as well as officially staking its claim as one of the world's most popular holiday destinations. In 2007 alone, 6.44 million people visited Dubai and the country has seen a sustainable population growth history of over 7% per annum. With its worldwide monopoly on the biggest, the tallest and the most bizarre developments, including such projects as Dubailand, The Palm, Paramount Theme Park and many many more world class entertainment venues, Dubai is set to become a huge leisure resort, with the predicted number of annual visitors rising to 15 million by 2015. The influx of tourists and business travellers also continues to catapult Dubai’s hotels to the top of global lists. This thriving area of the market recently recorded the world’s highest average daily rate and revenue per room, beating even the more established cities such as London and Tokyo.

It is no surprise that more and more people are not just visiting Dubai, but turning their attention to investing in Dubai property and new opportunities in the Northern Emirates, as well as exploring other lucrative sectors such as the Hotel Apartment market. The UK's 'Wealth Ranking Survey' by NatWest International proved that expats can earn up to 40% more on average in Dubai than their peers back home. This, along with Dubai's focus on the development of other new resources, is resulting in a relentless demand for property in Dubai, which far outstrips supply. Dubai has become one of the most desirable property hotspots on the planet.

The First Group is offering its clients the chance to make a wise property investment in Dubai and be part of the property boom in the UAE. Whether you are looking for a new home or a rewarding rental income, The First Group’s varied portfolio in Dubai and the Northern Emirates includes both residential and commercial opportunities, including the unique chance to invest in the Hotel Apartment sector – an area that continues to experience tremendous growth.