Prices are inexpensive by comparison to other similar trading hubs around the world, and are up by more than 20% in the past two years. There is scope for a substantial further rise, and certain properties have doubled in value already.

Property is a good hedge against inflation which is showing signs of re-emerging in the global economy. At such times the higher cost of debt servicing can usually be past on in additional rent, while the value of the property inflates and its debt is unchanged.

Dubai property is open to any investor from anywhere in the world, unlike the local stock market. This means greater liquidity and more funds in the marketplace.

Demand for property typically picks up during an economic boom such as the one being seen in Dubai now. With massive projects such as the Dubailand theme park, Palm Islands, and Dubai International Financial Centre coming to fruition, this looks a wise time to invest in real estate.

Economically, one of Dubai's biggest weaknesses is the low percentage of nationals working in the private sector.

A related problem in Dubai is the high volume of road traffic which typically causes serious slowdowns in circulation during the work week.

There have also been problems in the development of Dubai’s extravagant tourist attractions. Beyond technical setbacks that have been kept out of the press, there are more serious financial concerns with many of these projects.