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UAE real estate to be best in the world by 2022, says Khalifa Al Muhairbi

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Khalifa Al Muhairbi.

Khalifa Saif Al Muhairbi, Chairman of the Board of Directors of the Arabian Gulf Investment Company, confirmed that UAE real estate is among the best in the world in terms of demand and prices and will remain strong in 2023 and thanks to the country’s President Sheikh Mohamed bin Zayed . With the instruction and support of His Highness Al Nahyan – may God bless him – and the wise leadership and efforts, the real estate development company succeeded in selling almost 50% of the residential units at once by officials keen to develop the real estate sector.

Al-Muhairbi said that the UAE economy remains strong and durable, and the real estate sector will continue to gain momentum and strength in 2023 due to the growing demand for owning real estate in the UAE, good returns and profits for investors and businessmen.

Al-Muhairbi said legislative and economic initiatives have played a major role in making UAE real estate the most attractive in the world.

He also revealed plans to promote UAE real estate globally by organizing exhibitions and events in many international cities, showcasing the advantages of owning, investing and living in the UAE.

Al Muhairbi said: “UAE real estate is considered the best in the world in terms of attractiveness, character and quality and has successfully attracted international investors as the country has emerged as the best destination for real estate investment.”



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