| An increasing number of African investors are looking to invest in Dubai's property market, aiming to capitalise on tax-free returns. According to Damac Properties, a leading real estate firm in the Middle East, the confidence has been boosted by the improving investment environment and a more tightly regulated property market in the Emirate.
The new rules, it says, will make Dubai a more transparent, better regulated real estate market. "We have witnessed a significant increase in enquiries about our Dubai portfolio from African investors looking to capitalise on favourable conditions in a secure market," said Niall McLoughlin, the firm's senior vice president..............................................Full Article: Source
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