Dubai property market is most 'transparent’ in region | GulfNews.com:
"Dubai retained its status as the most “transparent” regional property market for global investors, but the biggest improvement has been for Qatar, according to the ‘Global Real Estate Transparency Index’ for 2014 released by the consultancy JLL.
Dubai was ranked 49th in the JLL findings with a composite score of 3.11, while Abu Dhabi was 53rd with 3.20. These scores placed in the list of countries rated as being ‘semi-transparent’, while the UK, the US and Australia were the top three ranked countries and with ‘high transparency’. (The composite score is made up of five sub-indices such as ‘performance measurement’, ‘market fundamentals’, ‘governance of listed vehicles’, ‘regulatory and legal’, and transaction process.)
The transparency parameter determines how an investor with substantial funds at his disposal assesses the ease of an entry into – and exit from - a particular market. Since 2008, Dubai has sustained its efforts to create a real estate regulatory environment that would stand up to scrutiny, which is when it topped the Middle East standings."
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