October 18th, 2007
AME Info, the leading provider of online business news in the Middle East, today published the results of a new survey, 'Buying Property in the UAE', profiling the attitudes of property buyers throughout the UAE.
The survey conducted with over 1,300 respondents who use the free AME Info service, reported that the Dubai property boom is on course to continue and is set to expand further across the Emirates, with purchasers looking to Sharjah and Ajman as destinations of choice.
The survey also reveals that of the 84% of respondents who plan to buy property in Dubai, almost half plan to live in the property, demonstrating a long term commitment to the UAE. Of the 60% of the respondents who said they were planning to buy in the UAE, 39% of these said they would buy off plan as it was a cheaper option - seven out of ten respondents (70%) were of the opinion that property prices were too high in the region.
