Thursday 10 October 2013

Chinese investors target high-yielding, low-cost homes in Dubai | The National

Chinese investors target high-yielding, low-cost homes in Dubai | The National:

"Chinese property investors are swapping Shanghai for Dubai as an overheating market at home draws more buyers to the emirate’s cheapest locations.

Rental yields as high as 10 per cent are tempting investors from mainland China to buy into developments such as International City and Discovery Gardens where rents have risen the most.

Nakheel hired Chinese-speaking agents to field sales inquiries from Chinese investors buying homes at its Warsan development announced last month."

'via Blog this'

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