Newer areas draw in investor interest

11.03.2015
Organizers of the International Property Show said their research indicates fragmentation of the realty market in Dubai, with each location being valued on the basis of its own supply and demand fundamentals.

Investments are spread out across the city, reaching lesser known parts of Dubai, according to research carried out by the International Property Show 2015.

Organizers of the show said this indicates fragmentation of the realty market in Dubai, with each location being valued on the basis of its own supply and demand fundamentals.

Josine Heijmans, exhibition director, Strategic Marketing & Exhibitions, added: "The market is becoming more end-user driven, with cash investors outstripping mortgages, reflecting its maturity and attractiveness to all kind of investors. More importantly, the sector is becoming more resilient, due to diversity and multi-location investment options," said Heijmans.

Heijmans said that investments are being pumped into new lesser known parts of the city, which is a healthy sign for the industry.

The International Property Show is scheduled to be held from 30 March to 1 April 2015 at the Dubai International Convention and Exhibition Centre,.

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