Uae demand for international property on the up

With the Russian rouble weakening demand, a lot of media attention has been given over to the growing number of Chinese investors in overseas markets. But as European countries increasingly seek to attract wealthy buyers from outside of the EU through "Golden Visa" schemes, international demand from the UAE is also on the up.

Of those UAE residents who have invested in property, 41 per cent have invested in properties overseas, compared with just 12 per cent owning property in the UAE, according to a YouGov survey.

Indeed, property is now a more popular investment than gold among UAE buyers, with real estate making up 53 per cent of residents' portfolios, compared with 43 per cent holding the traditional safe haven of the precious metal.

Demand is so strong that Brix Property Partners, a Dubai-based property agency, has launch a platform dedicated to serving the growing appetite for international opportunities.

"In 2013 we expanded our reach in to the Omani market with great success, with our primary focus on middle to high end rentals and project sales to the local market. The recent market figures being published are testament to the potential growth of overseas property investment, and we wanted to create a solution to simplify the process in accessing these markets," says Nikki Summers-Dashwood, Managing Director, Brix Property Partners.

"The launch of BRIX Property International will give our client's unparalleled access to some of the most burgeoning property markets across the world; including London, New York and Sydney. As well as offering a wide range of investment opportunities, we also cater for end users who are maybe looking to buy their retirement or holiday home," adds Summers-Dashwood.

On TheMoveChannel.com, traffic from the UAE surged 44 per cent year-on-year at the end of 2014, while traffic from Asia rose 8 per cent.