London property investment opportunity launches in Dubai

20/04/2011 - Dubai Investment News Posted by Bob Brunskill
London property investment opportunity launches in Dubai

Dubai-based IS Real Estate is offering apartments at prestigious, new development Dickens Yard, which is set to become one of West London's most sought-after residential areas, zawya.com reports.Close to central London, Dickens Yard is likely to become a favourite with corporate tenants.The development makes an ideal investment purchase, with rental yields of four to six per cent and potential for capital growth."Overseas investors are snapping up London property," commented Anita Mehra, managing director of IS Real Estate."We don't want investors in Dubai to miss out so we've decided to offer apartments off-plan straight away."Dickens Yard is the latest development from award winning developer St George West London Ltd, which is responsible for exclusive London addresses such as Imperial Wharf, Battersea Reach and Beaufort Park.In other news, figures from Cluttons shows that the Dubai office market has strengthened over the first three months of 2011.Indeed, it found that more people are renting out commercial offices in the emirate as they become more affordable and more stock is made available.