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“Dubai emerged as the top investment target for both investors from the UAE and those from all other cities surveyed, with80 per cent of HNWI very likely to make an investment in Dubai during2013,”
given the ever changing economic climate, coupled with the long lasting effects of the ‘great recession’, a clear strategy focused on building diverse asset portfolios within the Middle East is beginning to emerge, with the region’s stock markets, alternative investment funds and gold helping to balance out investors’ portfolios.
After Dubai, Saudi Arabia emerged as the next most desirable investment destination for the regional HNWIs, with those in Abu Dhabi (20 per cent) and Manama (15 per cent) stating residential property in Riyadh was high up on their target list, while the Saudi capital’s industrial assets topped Muscat’s HNWI interests (20 per cent).
Sixty per cent of Riyadh-based investors identified Dubai’s residential, office and hotel and leisure sectors as sought after asset classes.
UAE defenitely. The kingdom is now diversifying its revenue collection and as a result dependency on oil is coming down. It is also promoting tourism, as a result the real estate sector and infrastructure growth is likely to see growth going forward. This coupled with the mega Dubai expo is likely to increase spending on key infrastructural projects. Financials is one other area which is looking great in the country after the consolidation that started in the sector.
UAE Due to sequire and safe. THANKS
