Categories: UAE

Abu Dhabi real estate on the rise


Abu Dhabi has put the foundation in place to become a global hub for real estate investments

Abu Dhabi has embarked on an ambitious programme to attract private and foreign investment into the emirate, and to diversify its traditionally oil-focused economy.

At the heart of the Abu Dhabi vision is the objective of increasing the volume of people, companies and investment coming into the emirate through the strategic development of key industries including tourism, hospitality, leisure, advanced manufacturing, technology and logistics.

While oil and real estate prices are recovering strongly, however, the spectre of inflation, logistics bottlenecks and skills shortages are casting a shadow over the post-Covid recovery.

What is the outlook for real estate investment in Abu Dhabi? What are the significant trends shaping the property market? And how should developers, investors and suppliers prepare for the next phase of development in the UAE?

On 28 September, MEED and Mashreq Bank hosted an exclusive closed-door session to better understand the outlook for real estate development and investor appetite in Abu Dhabi.

This report summarises the findings of the meeting, where senior industry experts discussed themes including the need to promote Abu Dhabi’s successes on an international scale; leveraging environmental, social and governance (ESG) principles to scale the sector to new heights; and why the industry must aim to balance supply and demand if it is to maintain its robust growth trajectory.

Equally relevant is the impetus to keep building on Abu Dhabi’s status of community living, prioritising the needs of residents above all else.

Download your copy of the report here



Source link

gulftimes

Recent Posts

England set to eliminate hepatitis C

Hepatitis C is spread through contact with blood infected with the virus, such as by…

4 hours ago

New weight loss pill approved for use in UK

A daily weight-loss pill made by the drug firm behind the Mounjaro jab has been…

13 hours ago

Benjamin Netanyahu’s rejection of Trump’s 15-point Gaza plan unlikely to be final word

In July, after months of delicate negotiations, Trump announced a "major milestone" in the implementation…

13 hours ago

Lebanon: UN peacekeepers count hundreds of Israeli strikes and incursions in a single weekend

UNIFIL said Saturday alone accounted for 229 of those projectiles, the highest single-day total since…

16 hours ago

DR Congo: Ebola is killing people before they ever reach a doctor

“The Bundibugyo virus continues to outpace us,” said Dr. Mohamed Janabi, WHO Regional Director for…

16 hours ago

Afghanistan: UN tells Taliban to open up on abuses committed by security forces

Key pointsThe Taliban have taken steps to promote discipline and oversight according to a new report by…

16 hours ago