VIDEO: Finding opportunities in Middle East real estate

August 21, 2017 9:23 am


How are middle east real estate markets faring or impacted following a US crackdown on outflows from China?

They aren’t according to Invest Group Overseas Managing Partner and CEO Anas Kozbari.

“There is an  influx of real estate investments in the Middle East, especially in Dubai,” Kozbari told Bloomberg, in a TV interview.

Read: This is where UAE investors are buying property

“Dubai has proven to be  safe haven for property developments, with interest coming from the subcontinent, Europe, and troubled Middle East areas, making the market stable and going forward.”

Read: Is the Dubai Property market really looking up?

Kozhari mentioned two challenges that need dealing with. He said certain people are calling for more aggressive pricing, particularly with payment terms, “But that shouldn’t be at the expense of quality.”

The other challenge is that as Dubai is getting bigger, with commuting becoming more complicated, needing careful attention to sustainability.


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By Mujeeb Rahman
Journalist
Mujeeb Rahman is a business journalist at AMEinfo. His areas of focus include economy, markets, politics and international relations in MENA and Asia-Pacific regions. An ex-BBC digital journalist, he delves deeper into the subjects that matter most.