'Adventurous investors' set to target Dubai

13/01/2012 - Dubai Investment News Posted Bob Brunskill
'Adventurous investors' set to target Dubai

Dubai is set to attract the attention of "adventurous investors" across the world, according to a new report.A report by Assetz has shown that despite the current challenges facing the emirate's construction sector, the industry is showing signs of recovery, Property Showrooms reported.Data from the report showed that property values and rental prices are now moving in the right direction, which could see a number of investors tempted to expand their Middle East portfolios.However, the report said that Dubai is not ideal for all investors and urged those interested to research the area before deciding on any purchases.It comes as a report by Central Bank revealed that lending from 51 firms operating in the UAE has increased by 4.2 per cent.The growth occurred in the first 11 months of 2011 and shows a marked improvement on the 1.3 per cent decline recorded during the same period in the previous year.