City infrastructure enticing greater Dubai property investment

30/08/2011 - Dubai Property News Posted by Bob Brunskell
City infrastructure enticing greater Dubai property investment

Dubai's burgeoning infrastructure and transport links are encouraging more property investors to snap up property in the emirate.Gulf News reported that while many people have been investing in property in Dubai for many years, but the number of skyscrapers and luxury villas that have sprung up in the emirate have raised Dubai's profile.Sultan Bin Mejren, director-general of the Dubai Land Department, told the news provider that more buyers are turning to the area "because Dubai's market is a strong one and they feel their investments will have a [good] investment return".Indeed, Gulf News quoted figures for the first half of the year, showing that Dubai's property sector has already brought in Dh6.8 billion for the economy and this is only expected to grow as property prices remain affordable and as infrastructure continues to develop.Next month will see the expansion of the Dubai Metro with the new Green Line, while roads are also being modernised and Dubai's two airports are growing.Figures from Dubai Airports revealed recently that there was a 9.3 per cent increase in passenger numbers in July compared to the month before.