February 23, 2024

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FDI in Abu Dhabi’s property sector jumps 363% in first half of 2023

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Dr. Adeeb Al Afifi, Govt Director of the Actual Property Sector on the Division of Municipalities and Transport, mentioned: “We’re thrilled to announce the exceptional surge in international direct actual property investments in Abu Dhabi. The astounding 363 per cent development witnessed in the course of the first half of this yr is a testomony to the emirate’s distinctive attraction to international traders. This consists of its strategic location, world-class infrastructure, and supportive financial and legislative setting, all of which have contributed to enhancing the emirate’s place as a most popular vacation spot for people of all nationalities to take a position, stay, and work.”

“Abu Dhabi’s funding local weather, bolstered by encouraging incentives and strong legislative and regulatory frameworks, has created a nurturing and stimulating setting for international traders pursuing promising prospects in the true property market. Furthermore, the emirate’s unwavering dedication to adopting sustainable improvement insurance policies, innovation, financial diversification, and environmental sustainability has considerably enhanced its skill to draw international direct actual property investments.”

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