The foreign investment in Dubai property sector surged to more than Dh.53bn during first half of the year, which is a strong indication that the emirate’s market still seems attractive a real estate expert said citing data from Dubai Land Department.
According to Hafeez Abdulla, the Chairman of ‘The H Holding Enterprise’, Dubai real estate continues to show outstanding growth rates annually. This reflects the market’s ability to draw buyers and foreign investors based on its stability and high Return on Investment (RoI).
This is the perfect time for international investors to invest in Dubai real estate, Abdulla said.
The H Holding Enterprise boasts of major investments in tourism facilities and hospitality sector, through a range of entertainment attractions. Dubai continues to strengthen its position as one of the most popular real estate markets in the region in terms of foreign investments, as it offers investors more options than other cities in the Middle East.
The FDI figures are strong indicators of the sustainable market growth, and the momentum is expected to continue over the coming year.