The emirate is at 14th position, entering the top 20 for the first time in 3 years.
The report compiled by JLL’s City Momentum Index 2020, classifies cities from a real estate perspective.
The annual Index combines socio-economic and commercial property metrics to provide new insights into 130 major established and emerging business hubs across the globe.
Dubai continues to be the major business hub in the Middle East, with more than half of the population aged 20-40 (the second highest proportion globally).
Government initiatives to relax visa regulations hope to balance out the construction boom in commercial and residential properties while momentum is forecast to grow further in the lead-up to Expo 2020 Dubai.
Tesla promises 'more affordable' cars after shelving all-new Model 2
UAE, Oman establish investment partnerships worth AED 129 billion
Spinneys sets IPO price range at AED1.42-AED1.53
Meta opens Quest operating system to third-party device makers
UAE calls for international collaboration to solve global challenges
