London, England -- (SBWire) -- 08/18/2011 --According to Bayut.com, Dubai Marina has been successful in sparking the interest of international as well as local investors. The project, which has only just been completed, has already been catching the attention of several of the high profiled investors from across the globe. Of all Dubai properties, Dubai Marina has been the one to pique the interest of the investors at a massive scale now that the recession has begun to recede.
Bayut, which is the prime Dubai real estate portal of the United Arab Emirates, reported that stats from several of the real estate portals have shown a steep rise in Dubai Marina searches which goes to reflect the fact that more and more people are interested in either buying or renting properties there. Dubai Marina is one of the very few Dubai real estate projects to be finalized in 2011. The fact that it has received such an impressive response even though it has only just opened goes to say volumes about the apprehension of the prospective investors to buy properties in Dubai real estate in general and Dubai Marina in particular.
Experts at Bayut believe that this has definitely shown a positive trend as far as the international investment goes. Sheikh Mohsin from Bayut revealed that the fact that Dubai rental prices are stabilizing might have helped boost the confidence of the investors. The experts at Bayut think that Dubai Marina might be the first location to pull Dubai real estate out of the slum. ‘The recovery for Dubai real estate might just be around the corner,’ as per Mohsin, ‘Dubai Marina might just give the much needed boost to Dubai properties.’
About Bayut.com
The site is one of Dubai’s prime real estate portals connecting people with the local realtors, investors and landowners. The site is regularly updated to include properties for sale and rent across the United Arab Emirates in general and Dubai in particular.
Dubai Marina sparks the interest of both local and international investors
According to Bayut, of all Dubai properties, Dubai Marina is the one which has continued to grab the attention of local as well as international investors.