When the value of the UAE currency is appreciating, the overseas investors are seen to reap the benefits from an investment. In earlier times, the main investor was the national government. Later on the government allowed the market forces to dominate and assumed the role of a catalyst. Whenever there were issues with investor confidence, the government stepped in and thus a real estate meltdown could be controlled or avoided.
For any real estate development in the UAE as of now there is no dearth of financiers. When looking into the source of funding, it is interesting to note that in all major real estate projects the cross section of the society has had a major role in it. People will invest only if they are confident of getting returns from an investment. The impact of this unprecedented investment is that the real estate sector has appreciated in value and status like never before.
When one real estate project is announced, investors are flocking to invest in it and only the early bird is able to put his hard earned money into that project. Often, the late comers are left out. The investors are sure of the fact that even if a property could not be sold out, due it the demand for living spaces, the apartment or flat can be given out for rent.
If you want a built up space for rent property prices will determine whether the rentals on offer are going to be high or low. With appreciation in property prices it is seen that rentals are also going up phenomenally.
For Further Reference Visit : http://www.propertyhub.ae/
Published on: May 18, 2013
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