Almost half of expats in UAE plan to buy property
|
Almost half of expatriates living in the UAE plan to buy property in the country, but think that prices are still too high despite the recent slump, according to a survey published yesterday.
A total of 48% of expatriates living in the UAE will spend extra income on property, while 72% of expats living in Bahrain said they would invest, the study by insurance firm Zurich International Life said.
Year on year, this is a 20% rise for the UAE, according to the insurer.
More than 65% of those questioned in Bahrain said they have property as a current investment, compared with 27% of those asked in the UAE.
Year on year, this is a 20% rise for the UAE, according to the insurer.
More than 65% of those questioned in Bahrain said they have property as a current investment, compared with 27% of those asked in the UAE.
Add your comment
Categories
Industry News Residential Property News Commercial & Industrial Property Legal & Financial Projects & Investment Hotels & Resorts Building Design & Improvement Commentary & Analysis Property Shows & Events United States Canada United Kingdom Europe United Arab Emirates Middle East Israel India Australia & New Zealand China Hong Kong Singapore Japan South Korea South East Asia Central & South America South Africa North Africa Video
Latest Articles
Bangkok property - top tipsBuying property in BangkokBuying condos in Bangkok - Condo buyers guideBuying houses in Bangkok - house buyers' guide42% of Caspian’s units snapped upIs it time for a Correction in the Phuket Property Market?Phuket’s Taj Exotica makes genuine startKanda plans two residential projectsDevelopers add community flavourChone Sophonpanich enters realty
Tags
Comments
Newsletter
Get each new article from
Estates Report
Your email:
