30 C
Dubai
Thursday, May 15, 2025
spot_img

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.

Next Article

Related Articles

UAE has introduced the ‘Blue Visa,’ a 10-year residency permit for Environmental Contributors

UAE has announced the launch of a new long-term residency initiative known as the 'Blue Visa,' aimed specifically at individuals who have made substantial...

President Trump Lands in Abu Dhabi to Seal Strategic Gulf Tour

President Donald Trump has landed in Abu Dhabi, the capital of the United Arab Emirates, concluding his strategic tour of the Gulf region. The visit...

UAE Joins Gulf-US Summit in Riyadh: Sheikh Khaled Leads Push for Security, Economic Growth

UAE is actively participating in the Gulf-US Summit being held in Riyadh, with His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown...

India, Pakistan flights: One-way ticket to UAE for Dh9,100 as expats rush back after ceasefire.

India and Pakistan, a sharp surge in demand for flights to the UAE has led to a dramatic spike in ticket prices, with one-way...

UAE and Saudi Arabia Unleash Bold Investment Incentives to Power Economic Diversification

UAE and Saudi Arabia are intensifying their efforts to diversify their economies beyond oil by unveiling a new wave of foreign investment incentives, with...

Latest Articles