Published on 28 March 2007 at 03:21 pm
Filed in Property News for Dubai » Trump’s Long Term Commitment to Dubai Property
When it comes to real estate the name Donald Trump is synonymous with both investment success and luxury grade property and what’s more, the name carries a great deal of weight in terms of providing investors with deep confidence in a given project, a location and even an entire nation.
Therefore Donald Trump’s long term commitment to Dubai property, which he personally announced recently, bodes incredibly well for the emirate, its real estate economy and the long term success of property as an investment commodity in Dubai.
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Since 2002 when Dubai’s ruler announced the introduction of sweeping changes to the laws governing foreign freehold ownership of real estate in Dubai, property investors have flocked to the emirate and the property sector has exploded.
As one of the seven emirates forming the United Arab Emirates Dubai is probably the most liberal and forward thinking of the seven. As a direct result of its economic and social policies Dubai attracts record numbers of expatriates and investors annually who are attracted by tax free living, fantastic employment opportunities and also by the booming and iconic real estate marketplace.
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