Dubai is the preferred market for real estate investors in the MENA region, with sentiment towards the emirate improving significantly over the past 12 months, according to a new survey by Jones Lang LaSalle.
The seventh Jones Lang LaSalle Real Estate Investor Sentiment Survey (REISS), which queried more than 150 institutional investors from across the Mena region, found that real estate remains a popular asset class among Middle East investors, with more potential buyers than sellers in most markets.
The report said Dubai has regained its status as the preferred market in the region due to a number of factors including its recovery in prices and rental values, stable political situation, improved economic fundamentals, and better transparency compared to other regional markets. — SG
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