Abu Dhabi – Mubasher: Investors from outside of the UAE pumped $40.3 million (AED 148.02 million) into Abu Dhabi in February, with the real estate market taking the biggest share of 44.61%, according to the Abu Dhabi Securities Exchange (ADX).
The introduction of international standards and regulations is important to real estate market development in the Middle East, according to Robert Jackson, RICS regional director.
“The UAE real estate market is showing some significant signs of improvement. Investors have to be more opportunistic to maximise their investment returns,” Rami Hreiki, chief development officer at Bloom Properties, said.
