Why Dubai is a new holiday home hotspot?

The lure of living in one of the hottest of overseas hotspots has pushed Dubai into the top 10 of dream locations for a holiday home.

David Beckham, Robbie Williams and Brad Pitt are among those who have homes in Dubai.

Now a survey for insurance group Hiscox has shown that Dubai is 10th in the holiday home wish list table, with Egypt ninth.

Dubai, in the United Arab Emirates, is particularly popular with 18-24 year olds. Spain was the most popular location for a holiday home, followed by France, Italy and Portugal. Of the 1,044 UK adults polled, 64 per cent opted for a Mediterranean country, with none of the emerging Eastern European countries making it into the top 10.

Laurent Schonbach, overseas home specialist at Hiscox, said: ‘It’s no surprise that Mediterranean countries lead the way when it comes to Brits buying abroad, but who would have foreseen the rise of Dubai and Egypt as popular locations for an overseas holiday home?

‘Our spirit for adventure is reflected in the increasing demand for properties outside Europe.’

These were the top 10 dream locations in which to buy an overseas home;

1. Spain

2. France

3. Italy

4. Portugal

5. Southern Cyprus

6. Greece

7. Switzerland

8. Turkey

9. Egypt

10. Dubai



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