Released on = March 12, 2007, 4:25 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = Despite reports over the saturation of Dubai's property
market a spokesperson for Principal International, one of the UK's leading overseas
property investment companies, says that investors are still keen to buy in Dubai.

Press Release Body = Despite reports over the saturation of Dubai's property market
a spokesperson for Principal International, one of the UK's leading overseas
property investment companies, says that investors are still keen to buy in Dubai.
Enquiries continue to flood in every week for the world's fastest growing city said
Paul Cooper, a Director of Principal International.

The area as a whole continues to attract the seasoned investors and with the
government providing tax incentives to promote market growth, foreign investment
remains high. Some reports say that there is a lack of affordable housing in the
region but demand for luxury apartments remains apparent so the developers continue
to build, and whilst profits can be higher at the top end of the market there is
little or no demand for the more affordable units just yet.

Principal International say that whilst the volumes of construction taking place in
the country may deter some investors, buyers should look to the long term when
considering investing in Dubai's property market as it is proving to be a well
rounded market which will undoubtedly show a steady growth in property price
appreciation over the next few years.

Over 50% of Britain's wealthiest are looking to buy or live abroad according to
research carried out by a division of one of the major high street lenders, and
Dubai caters for all classes of people. Not only that, but buying or investing
overseas is no longer a privilege for the rich and famous, with lower cost flights
and property prices in the UK putting off investors, countries like Dubai are
becoming more and more affordable.

Principal International have a number of luxury apartments in Jumeirah Lake Towers
for sale from as little as £160,000 and new units are becoming available on a
regular basis, see their website for details;
http://www.principalinternational.co.uk/.


Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

441483748629
press@principalinternational.co.uk
http://www.principalinternational.co.uk