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Dubai Marina still Dubai’s most popular property hotspot

Dubai Marina continues to be the most sought after location for Dubai property purchases and rentals according to a leading Dubai real estate website.

The latest findings of propertyfinder.ae have revealed that Dubai Marina came out on top again for both sales and rental enquiries in the final quarter of 2009. Out of 400,000 unique visits to the website between October and December last year, Dubai Marina accounted for 16.2% of searches by potential buyers and 18.2% of all rental enquiries.

Meanwhile, the latest Colliers International House Price Index has reported on increased selling prices being achieved in Dubai Marina for properties still under construction.

With reports of increased transaction activity towards the back end of 2009 suggesting a return of buoyancy to the Dubai property market, these findings suggest that property investors in Dubai Marina can look forward to continued interest from both buyers and rental tenants alike.

Source: Arabian Business and Emirates Business 24/7

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