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Thursday, May 23, 2024

Abu Dhabi real estate sees 363% FDI surge in H1

Abu Dhabi’s real estate sector attracts AED 834.6 million in FDI during H1 2023, a remarkable 363% surge compared to the same period last year. The top five regions for FDI by individuals are Saadiyat Island (34%), Yas Island (28%), Al Jurf (12%), Al Reem Island (11%), and Al Shamkha area (8%).

Dr. Adeeb Al-Afifi, Executive Director of the Real Estate Sector at DMT, attributes this growth to the emirate’s strategic location, world-class infrastructure, and supportive economic and legislative environment.

The strong investment climate and sustainable development policies continue to make Abu Dhabi an appealing destination for foreign investors.

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