The “Housearch Investment Index” focuses on the Gulf states, with Oman, Qatar and the United Arab Emirates, particularly Dubai, taking the top positions for residential real estate investment in 2024. This trend underlines the region’s attractiveness as a stable and reliable investment haven, particularly given the cooling real estate markets in Europe and North America due to expected “higher longer-term” interest rates.
The United Arab Emirates, particularly Dubai, has long been a beacon for foreign real estate investment and is known for its luxurious real estate offerings, favorable business environment and near-tax-free system. The recent influx of entrepreneurs, high-tech start-ups and wealthy foreigners, particularly post-Brexit as London became less attractive, has further stimulated Dubai’s housing market.
According to the index ranking, Oman and Qatar are also becoming more attractive, attracting global investors seeking reliable and stable cash flows. These markets are emerging as attractive alternatives to traditional investment destinations and offer promising opportunities to diversify portfolios.
Mark Wilson, Advisor to the CEO and Head of Research at Housearch, said:
“Oman and Qatar’s strong performance in our 2024 Index reflects investors’ growing confidence in the Gulf region as a whole. With gross rental yields of approximately 6% in Qatar and up to 10% in some areas of Dubai, these markets offer lucrative opportunities for those , who are looking for stable returns in the current economic climate.
The Housearch Investment Index is designed to help private real estate investors assess the attractiveness of residential real estate markets in 50 countries. The index takes into account factors such as rental yields, peace and stability ratings, property rights and economic growth rates.
The 2024 study results reflect a changing landscape in global real estate investment, with Gulf states emerging as key players.
2023-12-21 18:04:23
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