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UAE’s Wealthy Most Likely to Invest in Property: Survey Finds

Khaleej times Online
UAE’s Wealthy Most Likely to Invest in Property: Survey Finds - UAE - Wealthy - Invest - Property - Survey

DUBAI - Rich investors in the UAE are more likely than those in other countries to want to increase their real estate investments in the coming 12 months, according to the findings of a survey disclosed on Sunday.

In spite of the recent collapse in property prices in Dubai, 31 per cent of wealthy investors in the UAE said they still see opportunities in real estate and were likely to allocate more money to property investments.

Rich investors in Hong Kong were only slightly less eager about property, with 30 per cent of them saying they expected to increase their exposure to the sector, while wealthy US investors ranked third, at 24 per cent, according to a worldwide survey of high-net worth individuals conducted jointly by Barclays Wealth and the Economist Intelligence Unit.


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