Friday, 16 October 2015

Improving property yields make Dubai attractive again for investors | The National

Improving property yields make Dubai attractive again for investors | The National:

"Tumbling Dubai house prices are producing rental yields as much as three times better than central London.

While sales remain sluggish, initial yields of up to 10 per cent in parts of Dubai are three times those that are being achieved for prime residential property in London.

The spike in overall London property prices – up 71 per cent over a six-year period – means overall yields for London stand at 4 to 4.5 per cent, but yields for prime properties are just 3 per cent, according to Knight Frank."



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