Tuesday 19 March 2024
 
»
 
»
Story

Dubai ... a hotspot for property buyers and foreign investors.

Foreign investment in Dubai property tops $14bn

DUBAI, October 13, 2015

Foreign investment into the property sector across Dubai surged to over Dh53 billion ($14.4 billion) in the first half, a strong proof that the UAE emirate's market is still attractive, said a property expert citing data from Dubai Land Department.

“We are very optimistic about the Dubai real estate which continues to show outstanding growth rates year-on-year. This demonstrates the market’s ability to attract buyers and foreign investors based on its stability and high return on investment (ROI)," said Hafeez Abdulla, the chairman of The H Holding Enterprise.

"This is the perfect time for international investors to invest in Dubai's real estate," stated Abdulla.

H Holding Enterprise boasts key investments in tourism facilities and hospitality sector through a range of entertainment attractions.
 
"Dubai continues to reinforce its position as one of the most popular real estate markets in the region, in terms of foreign investments, as it offers investors wider options than other cities in the Middle East," remarked Abdulla.

"The FDI (foreign direct investment) figures are strong indicators of the sustainable growth of the market, we see indicators that the momentum will continue over the coming year," he added.-TradeArabia News Service




Tags: Dubai | investment | property | land |

More Construction & Real Estate Stories

calendarCalendar of Events

Ads