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FINANCIAL NEWS
Dubai’s real estate investors shift to low cost UK property
02 Mar 2015
(MENAFN) Dubai real estate investors are now among the largest groups of abroad nationals purchasing low-cost investment property in the UK, according to a new property survey, Arabian Business reported.
According to the survey, buyers from UAE now account for almost 18 percent of low-cost property sales to overseas investors and that now there is a large number switching from the emirate to invest in low-cost UK property.
“Such investors in Dubai see the UK as secure country for long term investment with the aim of using rental income for children’s UK education, their own UK holidays or ultimately as a pension,” a Senior Marketing Consultant at Find UK Property said in a statement.
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