1. LINE

      Text:AAAPrint
      Economy

      Dubai proving a tempting destination

      1
      2015-06-18 10:10China Daily Editor: Si Huan

      Competitive property prices are attracting Chinese investors now that the UAE city has emerged as an important business hub in the Silk Road Economic Belt Initiative

      Ying Zhi runs a high-end bar and decided to buy property in Dubai after falling in love with the city during a trip to United Arab Emirates.

      The 25-year-old chief executive of an oyster lounge in Wuhan, Central China's Hubei province, plans to invest around $250,000 in a holiday home in the Gulf state.

      "I really liked the lifestyle in Dubai and I thought it would be cool to own a holiday place there, so I can relax and have a good time when I visit the city," he said.

      Ying is just one of a growing group of Chinese investors buying residential and commercial real estate in Dubai.

      Gao Jian, 45, who works for a Chinese solar company, which has been expanding its operations in the UAE, bought a small apartment in Dubai earlier this year.

      She pointed out that compared with house prices in Beijing, real estate in Dubai is relatively cheap.

      "My company opened a branch in Dubai around one year ago and I was relocated to work in the city," Gao said.

      "I decided to buy a small apartment after I rented one for the first six months. This should be a good investment and I expect a solid return on the property in future."

      But Gao has no plans to sell the apartment just yet. "It is very convenient if my family come to Dubai for a visit, so I am not planning to sell it anytime soon," she said.

      Figures from Dubai's land department have showed that about 1,000 Chinese investors moved into the market last year. They spent $353 million on land, residential and office real estate in the city. This was nearly a threefold increase compared to 2013.

      "Investment into Dubai from China has grown faster than any other country in the world in recent years," Ziad El Chaar, managing director of DAMAC Properties, a luxury real estate developer in the UAE, said.

      Competitive property prices in the residential and commercial sectors have also attracted Chinese investors now that Dubai has emerged as an important hub in the Silk Road Economic Belt Initiative.

      But it is not just individuals searching for holiday apartments to invest in that are looking at Dubai.

      Major Chinese companies, such as Huawei Technologies Co Ltd, Industrial and Commercial Bank of China Ltd and PetroChina International Co Ltd, are also opening up shops in the city.

      They are just a fraction of the 4,200 firms already operating in the UAE, with their businesses ranging from construction and electronics to manufacturing and banking.

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 成人a视频片在线观看免费| 性xxxxx大片免费视频| 国产精品亚洲天堂| 特级毛片A级毛片免费播放| 成人A毛片免费观看网站| 91免费国产精品| 日韩免费毛片视频| 国产成人亚洲精品影院| 久久久久亚洲精品无码系列| 亚洲熟妇无码爱v在线观看| 亚洲AV无码AV日韩AV网站| 中文毛片无遮挡高清免费| 国产亚洲色婷婷久久99精品91| 亚洲成熟xxxxx电影| 久久精品免费电影| 内射无码专区久久亚洲| 久久亚洲精品无码aⅴ大香| 一级毛片一级毛片免费毛片| 亚洲免费福利视频| 亚洲国产小视频精品久久久三级| 亚洲国产精品综合久久久| 成人毛片100免费观看| 亚洲第一AV网站| 色妞www精品视频免费看| 亚洲午夜精品久久久久久浪潮 | 日韩亚洲人成在线综合日本| 午夜精品一区二区三区免费视频| 亚洲美女免费视频| 免费看美女被靠到爽的视频| 亚洲午夜视频在线观看| 国产精品免费久久久久久久久| 精品国产麻豆免费网站| 一级中文字幕乱码免费| 亚洲一区免费观看| 国产免费拔擦拔擦8X高清在线人| yy6080久久亚洲精品| 精品一区二区三区无码免费视频| 亚洲一本一道一区二区三区| 真实国产乱子伦精品免费| 女人隐私秘视频黄www免费| 国产国产成年年人免费看片|