Investors previously interested in the Dubai real estate market are now looking into Turkey for the economic stability, strong mid to long term growth potential, stability of the overall market, lifestyle similarities, attractive short to mid haul flight options and overall confidence in the market.

Interest continues in the Dubai real estate market, yet not at the same pace as in recent years. The downturn of the market has lead to potential Dubai property investors considering other markets showing stronger growth potential and stability.

The drop in sales over the past two years has lead to a surplus of units available and a subsequent drop in property prices. While the lower cost of units provide incentive to some potential buyers, others with an interest in the market are holding back to avoid further potential losses. (more…)