Alternatively, Al-Mazaya Report states the
UAE has received the largest portion of
GCC investments in real-estate listedas the
number one state attracting GCC nationals
in 2013 when real-estate ownership
transactions amounted to 15.6 thousand
cases, representing 76% of the gross
number of real-estate owners amongst
other GCC state-member nationals.
Mazaya Monthly Real Estate Report -
February
2015
3
Sultanate of Oman followed according to
Al-Mazaya Report, with 3.57 thousand
transactions concluded representing 17%
of the owners recruited therein. Kingdom
of Bahrain was the third in the list with 3%
followed by Saudi Arabia recording 2%.
Real-estates in UAE, being a favoured
investment destination to GCC nationals
and worldwide, pushes the demand for real-
estate forward given the maturity of the real-
estate development market present so far,
especially considering that many Emirates
members of the UAE union have allowed
foreigners to own residential units up to a 99
year period where as real-estate ownership
for investment purposes is limited only to
certain locations. Overall, the UAE witnessed
increasing demand to Free-Ownership
co-existing with increased projects of this
category in light of UAE policy enforced
to attract more real-estate investments.
As per Al-Mazaya Report, the investment
boom in Qatar, mostly taking place in real-
estates and infrastructure, has significantly
attracted GCC investments to take their
parts of the fruits from this boom. Exchange
Data shows that the Qatari economy has
acquired 66% of GCC investments with
190 thousand GCC national shareholders
registered in the corporations listed in
Qatar Stock Exchange by the end of 2013.
Speculations anticipate more sales of the
Free-Ownership to take place during Q1
of 2015 since local and foreign residents
in the GCC already recorded increasing
inquiries and demand for Free-Ownership
during the 2015 second mid-term. Qatari
economic trends reflect continued
construction movement which positively
affects the exchange of residential and
commercial units simultaneous to the
Qatari investments expanding across
multi sectors of the region recently.
Such investments were mostly directed
to real-estate, tourism, financial and
commercial sectors mainly in the GCCs
then in Morocco, Algeria, Egypt and
Jordan hiking to around USD 31 billion by
end of Q1, 2014 due to higher, multiple
and rapid returns on income associated
with low risk on these investment fields.
