The UAE remains one of the world’s most attractive real estate investment destinations in spite of the recent regional challenges, according to a new global survey commissioned by Arada.
Arada’s UAE Property Investment Index, which was conducted by US-based Penta Group, ranked the country as the top investment destination, with 56 per cent of global investors expressing serious interest in the UAE’s property market, more than any other market surveyed, and ahead of the United States (54 per cent), the United Kingdom (41 per cent), France (38 per cent) and Spain (37 per cent).
Conducted between 1st April to 23rd April across 12 key markets, the survey of 689 established property investors is the first piece of major research conducted into international buyer sentiment about the UAE real estate market.
Findings from Arada’s UAE Property Investment Index show that familiarity with opportunities in the UAE’s real estate sector, at 51 per cent, is on a par with that of the UK and US, at 51 per cent and 53 per cent respectively.
The UAE’s appeal is particularly pronounced for investors in nearby markets, with 91 per cent of Indian investors, 92 per cent of Egyptian investors and 85 per cent of Saudi investors citing the country as a top-three destination.
Among European investors, the UAE was the top choice outside the home country for French investors at 63 per cent, German investors at 60 per cent and Swiss investors at 57 per cent.