The Oligarch Companies Announce Opportune Time To Invest In Dubai Property
April 20, 2015 – – The Oligarch Companies have announced the potential presence of an opportune time to invest in the Dubai property market and are encouraging investors to investigate the benefits. This particular viewpoint is based on the current price points as they have cooled a bit in the first quarter compared to the previous quarter. However, the emirate is expected to remain strong and continue it’s growth path.
The Oligarch Companies work with global investors as a Dubai property finder and have indicated that they have the ability to provide exclusive opportunities to participate in Dubai property investments at the same level as their ultra high-net worth partners in the region. They have chosen Dubai as their current destination focus for real estate due to the overall increasing market value of properties in that city.
The team at Oligarch has suggested that if buyers base their preferences on the same logic as many other investors in terms of buy low sell high, then Dubai is the perfect region to begin buying because the properties have shown greater gains compared to other real estate markets, as concluded by one study completed by Douglas Elliman and Knight Frank. What they found was that if a $1 million property was purchased in Dubai in 2010, it would now be worth $1.63 million, which is more than the rise in value in New York, London, and Hong Kong. According to the same study, Dubai also leads other major cities considered luxury markets when it comes to increases in price over the previous two or three years as well, with prices rising 29 percent and 79 percent respectively.
The current cooling of prices may not be a constant, warns The Oligarch Companies, as the emirate has been shown to have an increase of more than one hundred thousand residents in the first part of the year, potentially reducing the inventory, making buying now the most practical choice for some real estate investors. From construction of the world’s largest airport to the world’s first temperature controlled city, Dubai seems to be ramping up big-time before the hosting of the 2020 World Expo. According to an article by The Wall Street Journal, even the recent decline in oil prices doesn’t seem to be holding Dubai back.
Ultimately the announcement of the potential window of opportunity is being utilized to encourage buyers to get into the Dubai property market while they can, and take advantage of the lower prices before they potentially skyrocket again.
For questions or concerns regarding this press release, or for more information on The Oligarch Companies or Dubai property finder services, please use the following contact information to get in touch:
CONTACT DETAILS:
Contact: The Oligarch Companies
E-mail Address: info@oligarchcompanies.com
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