Investors look towards Gulf Coast
Countries in the Gulf Coast are becoming increasingly popular with overseas property buyers, industry experts have said.
According to NuBricks.com, places such as the United Arab Emirates are currently enjoying strong levels of interest from foreign investors.
Emerging parts of the country such as Ras Al Khaimah were flagged up as major hotspots of activity, along with Abu Dhabi.
This was said to be partly because neighbouring emirate Dubai has already achieved considerable success as an investment market.
As a result, overseas property buyers are finding out whether other markets in the area can be similarly lucrative.
Chintan Mahida, editor of Nubricks.com, remarked: "Dubai has done a stellar job of marketing, not only itself, but the region as a whole to the global press."
This comes after the United Arab Emirates was rated eighth in Jet-to-Let magazine's list of this year's top 10 property investment markets.
< Back to latest news