Dubai ranked among top destination for FDIs in real estate market…
|March 12, 2018||Posted by RealestateSectors.Com under News, Options, Discussions & Offers About Real Estate Sectors...||
Dubai has been named among the top hybrid cities in the world, placing the emirate among the world’s top destination for FDIs in the real estate market, a new study shows.
According to new report titled World Cities: Mapping the Pathways to Success by real estate consultancy JLL, hybrid cities are medium-sized and compete in specialized markets that benefit from access to large domestic markets. Such cities are resilient over the medium term and are among the top real estate destinations, often having a superior liva-ability equation compared to its peers.
Dubai has been a darling among foreign real estate investors, with the emirate receiving millions in FDI inflow into its property sector.
The investment atmosphere has further received a boost from additional measures adopted by the authorities in making the process of investing in real estate more transparent.
Ranked among the most transparent real estate market in the Middle East by JLL’s Global Real Estate Transparency Index, Dubai has been termed the most hybrid cities in the world thanks to several initiatives that were implemented to improve transparency and to transform the quality of healthcare.
“Dubai and Abu Dhabi top the list of being termed Hybrid cities,” said Craig Plumb, Head of Research, JLL MENA…