Monday, May 4, 2015

Iranian investors eye return to Dubai real estate market

Potential investors from Iran have already started to make enquiries about making acquisitions in Dubai’s real estate, according to market sources.

Iran and world powers - US, Russia, China, France, United Kingdom and Germany - reached a framework nuclear deal , which should pave the way for an end to years of crippling sanctions on the country.

If confirmed in a final agreement by a June 30 deadline, the nuclear deal could encourage more property investment throughout the region from Iranian buyers.

Already, investors from Iran have contacted UAE real estate companies enquiring projects in Arjan-Dubailand, where most of the residential developments are happening and a good option for real estate investors.

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