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Wednesday, November 25 - 2009

Propertyfinder.ae reveals the UAE property hotspots for April 2009

  • United Arab Emirates: Wednesday, May 06 - 2009 at 16:04
  • PRESS RELEASE

Propertyfinder.ae, the UAE's leading real-estate website, today released findings revealing the UAE's top locations sought after to buy and rent for April 2009.

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The findings reveal that both buyers and renters are moving towards more cost effective areas.

The survey is based on almost 1m property page visits to the website over the month of April 2009 and highlights changing activity in the UAE real estate market.

Commenting on the survey results, Marcello Sambartolo, Head of Marketing at propertyfinder.ae, said:

"April's survey is revealing a huge push towards price sensitivity. We are seeing areas outside of Dubai are coming back into the game aggressively to attract tenants and buyers alike. Areas like the Springs are doing extremely well now that is has been built up and amenities are readily available. The Dubai Marina is still a favorite offering a good life style of living at lower rates. Lighter traffic is playing a contributing factor with the commute now at tolerable time scales. The rental market is definitely on top again but the savvy buyer is still available for a good value deal."
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Notes and media contacts

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 9m unique visitors per month (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).

Media and Comment Contact:

Marcello Sambartolo
propertyfinder.ae
+971 4 343 2270

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