UAE offers investment opportunities
Overseas property buyers have been advised to consider potential investment opportunities in the United Arab Emirates (UAE).
According to Homes Overseas magazine, the property market in the Middle Eastern country is currently thriving.
The publication has partly attributed this to the popularity of the UAE among foreign buyers, as high demand is fuelling house price inflation and economic growth.
Ras Al Khaimah was highlighted as one major hotspot, as construction activity in the emirate is now gaining momentum.
As a result, the magazine believes the area offers "great potential" for further capital growth over the next few years.
Homes Overseas commented: "The UAE [has] recorded phenomenal property investment growth rates."
The publication added that exchange rates between the country and the UK are highly favourable, which means British buyers can get good value for money.
This comes after the UAE was rated eighth in Jet-to-Let magazine's list of this year's top 10 property investment markets.
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