Friday, August 14, 2009

Dubai hotels draw investors

More foreign buyers eye hotel properties in Dubai for investment as returns remain high despite the global crisis, but sellers are scarce and deals are hampered by the difficulty to get loans, industry experts said.
"If you compare five-star properties in Paris and Dubai, both well-located, your return on investment is much better in Dubai," said Amine Hamdani, manager and surveyor at global real estate service company CB Richard Ellis

Read more:
http://www.tradearabia.com/news/newsdetails.asp?Sn=TTN&artid=165797

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