Best Dubai 2012 investment spots highlighted

17/05/2012 - Dubai Investment News Posted by Neil King
Best Dubai 2012 investment spots highlighted

The best Dubai property investment spots in 2012 have been highlighted in a new study.Commissioned by propertyfinder.ae, the research named Dubai Marina, Jumeirah Lake Towers and Downtown Dubai as the top locations for those looking to snap up residences in the emirate.More than 3,000 brokers were questioned about the latest trends in the city - and the findings showed these three areas are currently offering plenty of benefits for those seeking Dubai property for sale nearby.Renan Bourdeau, managing director of the dedicated property portal, explained there are numerous reasons for the emergence of these three spots.Mr Bourdeau noted mortgage rates have fallen considerably - which accounts for the escalation in purchasers - while rental increases can be explained by infrastructure and facilities in the destinations improving markedly.According to the poll, the place that serves up the most complete lifestyle in the emirate is Dubai Marina, which offers easy access to malls and beaches, while also offering peace of mind for investors with regard to strong rental returns.In addition, Jumeirah Lake Towers has seen a recent boost in popularity due to considerable infrastructure improvements, while there has also been an influx of new retail outlets.This is according to Nicholas Robinson, director of property sales and leasing UAE at Fine and Country, who added: "Downtown Dubai's ability to offer city living at its finest keeps on improving and the range of eateries and retail outlets opening in the last 12 months has added massively to its image."Individuals mulling over future Dubai property investments may therefore find now is a good time to act in order to make the most out of these growth areas.Ghassan Ghellal of Halcon Real Estate suggested this high demand for property in the areas is likely to continue for some time yet.The industry figure explained the regions will increase in popularity due to improving access to shops, leisure facilities and schools, while the finalising of building projects should result in a marked decrease in road works and construction sites throughout the regions.