UAE tops region in global residential property investor report

NULL

The UAE’s been included in the top five list of countries for global residential property investors. Savills, a UK based real estate advisor, named the Emirates second, ahead of Singapore, the United Kingdom and Hong Kong. Described as a safe haven for both local and international investors in the Middle East, the Emirates has seen strong economic growth at 5% per annum since 2011. The United States lead the report, with four cities Los Angeles, Miami, New York and San Francisco.

More from Local

Coming Up on Dubai Eye

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.