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Thursday, November 12 - 2009

propertyfinder.ae reveals Dubai's 2009 property hot spots

  • United Arab Emirates: Sunday, March 15 - 2009 at 13:01
  • PRESS RELEASE

propertyfinder.ae, the UAE's leading real-estate website, has released findings revealing Dubai's top locations to rent and buy in 2009.

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  • Marcello Sambartolo, Head of Marketing at propertyfinder.ae.
    Marcello Sambartolo, Head of Marketing at propertyfinder.ae.
The findings reveal that both renters and buyers are moving further out of Dubai's traditional residential hubs to areas such as The Springs, Jumeirah Lake Towers and Discovery Gardens, with new communities high on the priority list for both renters and buyers.

The findings are based on approximately 500,000 unique page visits to the website over the month of February 2009 and higlights ongoing activity in the Dubai real estate market despite the economic downturn.

Commenting on the survery results, Marcello Sambartolo, Head of Marketing at propertyfinder.ae, said:
"This survey has revealed some really interesting statistics. We are seeing a real shift in rental interest towards new residential areas such as Discovery Gardens and Jumeirah Lake Towers where rents are more competitive. This data also shows that there is still interest from end users looking to invest in Dubai real estate which is now offering opportunities to capitalise on the recent drop in house prices."


"Now more than ever, there is a real opportunity to find good property investments, however research is the key to finding the best deals and keeping on top of new communities coming on line. With the greatest number of property listings updated daily, propertyfinder.ae continues to be a valuable resource for people looking to find the ideal property in the UAE," added Sambartolo.
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About propertyfinder.ae
propertyfinder.ae specialises in real estate and investment in Dubai and, as part of the REA Group network of real estate portals, offers agents and developers access to a potential global audience of more than 9.7 million unique visitors per month (October, Nielsen//NetRatings, Market Intelligence; Nielsen Site Census; Omniture; Google Analytics). It is an REA Group subsidiary (ASX: REA, realestate.com.au Ltd and its subsidiary businesses).

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