Prices for villas in Dubai rising faster than apartments.
A new report out this week from SISCO, the Bahrain investment bank has shown that villas in Dubai have increased in value twice as much as apartments over the same period.
The upwards trend for prices of villas in Dubai has been brought about by increasing numbers of lawyers, bankers, fananciers and stockbrokers relocate to the region.
The report shows that since 2002, villas in Dubai have in fact appreciated at twice the rate of apartments in the region, while rental yields presently stand at around 5% for villas and 8% for apartments.
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