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Abu Dhabi tops investment poll

Article Date : 16 April 2009       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Abu Dhabi tops investment poll

Abu Dhabi in the UAE has come out on top in a poll of investors for the Middle East and North Africa region's best real estate prospect over the next 12 to 24 months.

The survey by international real estate firm Jones Lang LaSalle found that 26 per cent believe Abu Dhabi will be the best performing market in the region in the near future, ahead of locations such as Saudi Arabia and Qatar.

Meanwhile, 11 per cent suggested Dubai would be the leading market.

Another finding of the survey is that 2010 will be the prime year in the current cycle to invest in the region, something that may interest those thinking of buying not just in the UAE but also in Egypt or Morocco.

Earlier this year, overseas estate agency Select Property described the UAE as a "very attractive investment proposition" for Britons looking to buy abroad.

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