Property investors in the United Arab Emirates look set to cash in as the region's status as one of the world's top leisure destinations is further enhanced.
Following on from the recent start of the PGA European Tour 'Desert Swing' event, which saw some of the biggest names in the sport head to the UAE, the head of Dubai Golf has noted that such events will help attract tens of thousands of well-heeled tourists to the emirates over the coming years.
Indeed, it is anticipated that, following on from the fall seen in 2009, which has been put down to the global economic downturn, the number of golf enthusiasts heading to the UAE to either watch a major tournament or play themselves is set to soar.
Notably, speaking to the National, Dubai Golf's Chris May explained that celebrity golfers such as Hugh Grant, Bill Clinton and Fabio Capello are all helping put the UAE on the leisure tourism map, spelling good news for investors with money in holiday property in the region.
Meanwhile, the organisers of the Abu Dhabi Grand Prix have said that they would be happy to see the Bahrain event rescheduled for the end of the season, even though this could take the attention away from their own race.
Posted by Bob Brunskill