18/05/2012 - Dubai Lifestyle News Posted by Neil King
Air movement in and around Dubai is on the increase, suggesting greater numbers of visitors are making their way to and venturing across the emirate.The figures could spell good news for individuals considering Dubai property investment, as it means demand for their rental spots is likely to shoot up as more people travel to the destination for a holiday or short stay.Entitled Aviation in the GCC States - Flying High Amidst Global Turbulence, the study revealed annual aircraft movements in Dubai are likely to escalate to 560,000 over the next eight years.Released for the Airport Show 2012, taking place between May 22nd and 24th at the Dubai International Convention and Exhibition Centre, the findings also revealed more than 98 million passengers and over four million tonnes of air freight will travel in and out of the region's airports.Those looking at Dubai property for sale may therefore wish to act sooner rather than later in order to take advantage of the movement and make sure their investment begins showing good returns at the earliest opportunity.The study - which was prepared by Nadd Al Shiba PR and Event Management - found Emirates, Etihad and Qatar will be able to carry nearly 200 million passengers by 2020, which works out as around four times as much as that currently seen in the region.It read: "The United Arab Emirates has a total of 120,000 square kilometres of airspace, with 35 international air corridors. More than 50 per cent restricted to military use."To compensate for this shortage and the rapid growth of aircraft movements in the UAE airspace, the General Civil Aviation Authority has heavily invested in adoption of new technologies to optimise use of available airspace capacity."As a result of the region's growth, the aviation sector is to account for 22 per cent of total employment in Dubai, while also forming 32 per cent of gross domestic product in the emirate by 2020.