'amazing' dubai is 'ideal' for property investors

Investors looking to send money overseas and purchase a family-sized home have been advised that Dubai has plenty of properties on offer.

Shameem Golamy, head of overseas at Rightmove Overseas, explained how there is a wide variety of property available in the emirate with homes ranging from small to very spacious.

It was noted many people think of apartments for sale when considering a buy-to-let abode or second home in Dubai, but it was claimed there is much more choice than just flats.

"Dubai has some other amazing properties for sale. Most offer beautiful, spacious living areas with gardens and a garage," Mr Golamy commented.

He added that a typical home will range from three to seven bedrooms and will often be a two-storey villa.

Such properties were noted as particularly suitable for young professional families and are most likely to be located within a secure, gated community.

"The villas are developed with every comfort in mind and feature every modern convenience, as well as being located around lush greenery, water features and beautiful streets," Mr Golamy remarked.

Brits looking to relocate to Dubai were encouraged to consider the popular expat communities of Ajman and Ras Al Khaimah.

The expert noted these areas have "ready-to-move into" places available at reasonable prices.

Alternatively, individuals may want to consider travel journalist and author Anna Nicholas' suggestion of purchasing a property on the island of Mallorca.

She described how the north and south-west of the isle are the most popular places to invest, with fincas the main abode of choice in these areas, although apartments are also available.

It was noted that while property prices have dipped recently, allowing several bargains to be found, homes in Mallorca tend to hold their value "even in lean times".

Source: HiFX