UAE top choice of global property investors

  • Date: 18-Apr-2021
  • Source: Gulf Today
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

UAE top choice of global property investors

The UAE's real estate market is currently experiencing renewed vigor and momentum, which can be attributed to peaked rental and capital appreciation across some of the high-end properties located in the country. Real estate investment advisory firm Medallion Associates made the statement recently amid reports of strong property transactions in the local sector.

The UAE's sustained attractiveness lies in the market's various unique value propositions, including its intense focus on innovations and technologies and decisive and rapid actions against COVID-19.  According to Medallion Associates, in spite of the difficulties brought about by the pandemic, domestic real estate transactions have presented an upbeat market outlook.

Masood Al Awar, Chief Executive Officer, Medallion Associates, said: "Global investors with a long-term investment view and strategy have a resilient outlook for Dubai and the UAE. We attribute it to the Emirates' investor-friendly policies,