• Sat
  • Oct 25, 2014
  • Updated: 2:59am

VOX POP

PUBLISHED : Wednesday, 05 October, 2005, 12:00am
UPDATED : Wednesday, 05 October, 2005, 12:00am
 

Name Monir Andi Eld


Age 35


Occupation Chartered surveyor


Country Britain


Target An apartment on The Palm Jumeirah


Budget More than GBP200,000 ($2.7million)


'Over the past five years, the UK property market has doubled. But now the market is flat. Dubai properties are affordable and they cost only about a fifth to about a third of UK properties at the moment. Dubai is one of the fastest growing economies in the world. The Palm Jumeirah is the eighth wonder of the world and a landmark project. There is definitely a property bubble forming in Dubai but I think there is overconcern about it bursting. You have to take a long-term view of at least five years in Dubai.'


Name Mrs Beiruty


Age 32


Occupation Housewife whose husband is head of marketing for a major corporation in Dubai


Country Lebanon


Target A luxury villa in Arabian Ranches


Budget 2.5 million dirham ($5.2million)


'Dubai properties look interesting. My husband and I are renting a villa in the middle of the emirate but have decided to buy one ourselves now. My first impression of a villa in the Arabian Ranches [located in the heart of the desert] is very good. It is more private than other properties in the city.'


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