Dubai's real estate market has been growing speedily

Dubai's real estate market has been growing speedily

Especially in the United Arab Emirates (UAE), federation of seven United States and consist of Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al - Quwain, Ras Al Khaimah - and Fujairah, one of the countries of the region are in good health, with an estimate of gross domestic product (GDP) of U.S. $ 117,100,000,000 in 2005.

          According to Global Insight, a leader in the financial analysis of the UAE economy is growing robustly at an average annual growth of 7.5 in 2006, due to the growth of the sector, along with oil prices and modest increase in Oil production for 2007, the average expected growth rate of 6 is also the Universal Insight The key factor has been sent to the great Gulf Cooperation Council (. which comprises Bahrain, Kuwait, Oman, Qatar and Saudi Arabia), funds from from Europe and North America and the impact on tourism and investment in the region, fueled by record high oil. And the greater liquidity.

  After Abu Dhabi, Dubai is the second leading operator in terms of economic strength in the UAE. Credit will be a leader created a strategic investment in the power of unique, modern infrastructure and a variety of economic success, while effectively. Marketing of the emirate. New sources of wealth has occurred: the booming services sector, tourism, regional and international, construction, telecommunications, media and financial services, most recently by the manufacturer. Low interest rates, easy access to financial incentives, investments, interest and legal reform, the last property will continue to encourage the flow of funds