Pursuant to consulting company Knight Frank, Dubai and the UAE as a whole will maintain a positive trend of the property sector development in the long run.
This information was unveiled in a new report by Knight Frank, which evaluated the long-term investment opportunities in the UAE. Thus, the country keeps maintaining the status of “safe haven”, which has a positive impact on the UAE and Dubai in particular for investment, living or just visiting.
Since Dubai enters the top 5 leading cities of the world, the consulting agency believes that this fact especially influences the further inflow of investments in the UAE at both regional and international levels.
Besides, according to the REIDIN index in April 2016, the prices at the Dubai housing market keep showing a positive stabilization. The end of this process is possible in 2017, Knight Frank considers.