Mazaya Monthly Real Estate Report - May 2014
Dubai today is in the top 25 destinations
in the world for real estate investment,
according to the Financial Times. This
year we expect to see strong growth in
real estate values in Dubai. Abu Dhabi,
with its burgeoning tourism sector and
projects on Saadiyat Island, such as the
Louvre museum, is also proving to be
extremely attractive to global investors.
4
It is vital that the Gulf economies make
the most of the position they find
themselves in now by continuing to
develop infrastructure and by finding
ways to enhance the lives of residents
tomake investment an attractive option.
It is also vital that political and
financial
stability
is
maintained.
The Gulf states’ achievements in creating
cities that have attracted so much investment
is magnificent – they have created a template
for prosperity that is right now being emulated
all over the world. However, there is still much
to be done and it is important the drive with
which the Gulf powered itself forward over
the last twenty years is not lost. The future is
very exciting, but there is still much to play for.
