Overseas property news - Dubai in btl boost?

Dubai in btl boost?

Owners of buy-to-let property in Dubai could be set to benefit from growing tourism in the region.

According to Cheapflights.co.uk, the emirate is becoming increasingly popular with leisure travellers from the UK.

Indeed, it has been included in a list of this year's top ten summer holiday destinations for the very first time.

Dubai was ranked in sixth place, putting it ahead of many established European tourist spots, such as Majorca and the Algarve.

This could be good news for those who have bought a rental property in the emirate, as it suggests demand for their services could be about to grow.

As a result, it may become a more attractive proposition to people who are thinking about investing in Dubai.

A spokesperson for Realestatetv.tv, commented: "Dubai's plans remain ambitious, and in looking towards the future, impressive developments are in planning or already taking place, in the ever-prevalent drive to attract tourism.

"Alongside this, recent legal changes have made it easier for foreign property investors, giving them greater protection in an uncertain world.

"Dubai's constant evolution has kept it ahead of the game in terms of growth and development and it is this that could see it head towards an even brighter future".

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