Dubai realty back on investors’ radar

SourceGulf Today
SectorReal Estate
CountryUAE

In the last 8 months, two major events have happened in UAE which are quite significant for the market. One is the Abraham accord happened last year and the second one, CITIBANK commitment to stay in UAE for long term growth. Both these events herald a good economic outlook for the UAE economy in the long run as she returns to growth trajectory in a very structured way.

It has been observed about the Dubai Real estate market that whenever economy makes the turnaround, real estate sector takes the lead with major investments and huge interest from the global sophisticated investors in the RE market. This was stated by Kashif Ansari, Group CEO, Juwai IQI, during an exclusive interview with Gulf Today. “With UAE signing strategic Abraham agreement with Israel and diplomatic channels restored, we at Juwai IQI has witnessed an increase in transaction volumes in the real estate market.” Ansari added.”According to our market intelligence reconnaissance report, many...read more...