Property sustainability 'most important' for Gulf investors

Investors interested in making purchases in the Middle East consider the sustainability of a property to be more important than its location, a new survey has revealed.

According to a study by developer Nakheel, half of respondents consider how environmentally-friendly a property is to be the most important element when buying, with 47 per cent feeling reliability is the deciding factor.

Healthy living and innovation came joint third in the study, with each believed to be most important by 43 per cent of those surveyed.

Managing director of Waterfront Nakheel Matt Joyce explained that this is the fist time environmental concerns have been seen as an influence on buyers.

"In the past, quality has been one of the most important factors for potential customers," he added.

London-based property advisor Mohammed Kashani-Akhavan recently described Dubai as being an ideal option for overseas buyers, noting that it is "a great time to invest" in the emirate.

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