But as a mecca for cashrich tourists and shoppers, it is also associated with prohibitively high entry costs.

Investors looking to get a foothold in the United Arab Emirate state however, will be interested in a new development: Eagle Heights Golf residences in Dubai Sports City, for which prices start at Euro73,000 for a studio apartment.

According to selling agent Larionovo, there is huge Irish interest in Dubai, but investors are put off by its cash-based payment terms.

To help buyers, Larionovo have negotiated an attractive mortgage deal which will considerably lower entry costs into the property market there.

A state-of-the-art modern apartment building in the heart of Dubai Sports City, Eagle Heights has it all, including a top-class golf course just outside the front door.

All units are spacious and buyers can avail of excellent on-site facilities, including a giant roof-top swimming pool, luxury gym, games room, concierge, sauna and spa.

Other facilities in Dubai Sports City include shopping boulevards, five-star hotels, malls, and cinemas.

The golfing attractions on Eagle Height's doorstep include the Ernie Els designed championship golf course 'The Dunes' and the world's first Butch Harman Golf Academy outside the USA.

The Dunes Course, which is now nearing completion, will be playable in late summer 2007.

Studio apartments cost from Euro73,000, with one-beds from Euro140,000 and two-beds from Euro200,000.

For further information contact Larionovo, 01-659 9625.