Real Estate has always been the focal point of investors across the world. It not only guarantees long term financial security but also helps in generating a considerable ROI for capital growth.
As investors continue to face the global low-yield, low-return environment as well as the record-breaking equity markets, real estate specifically commercial property has become a prime target for a large proportion of their capital investment because of its relatively high yield.
The dynamics of the world’s commercial property markets is consistently backed by the global economy and regional growth; attracting both private and institutional investors to consider real estate as a crucial part of their overall investment portfolios.
The Wealth Report 2018 by Knight Frank, examines the record levels of private buyer interest in commercial real estate as investors chase assets across the world’s super-cities.
The report finds that property ranked the second most popular investment option among other recognized assets such as cash, gold and bonds that are a regular part of ultra-high-net-worth individuals (UHNWIs) portfolios.
The global shift in investment trend also had an impact on UAE’s market. The region’s business-friendly landscape with low taxes, world-class infrastructure, sole ownership opportunities for expats and government’s constant efforts to boost real estate sector has attracted a large number of foreign investors.
According to the latest report by the Dubai Land Department (DLD). Dubai recorded $15.7bn (AED58bn) worth of real estate sales in the first quarter of 2018.
Director general of DLD, HE Sultan Butti bin Mejren, said: “Achieving almost $15.7bn of transactions shows strong momentum in the real estate sector for Q1, and we expect this to raise the Q2 transaction index and continue to rally before the end of the year.
“Analysts and experts predict an upsurge as we enter 2019 with unprecedented strength, as many strategic infrastructure projects are due to be completed in Dubai in preparation for Expo 2020.”
Bin Mejren said the 217 different nationalities that have invested in Dubai’s housing market show that the emirate remains an attractive destination for investors seeking a safe return on investment.”
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