A recent study examined the overseas property investment preferences of UAE residents. The survey found that London was the most preferred city among respondents, with 69% selecting it as their top choice from a list of ten global capitals. New York and Singapore followed as the second and third most appealing destinations. The majority of those polled were from Dubai and Abu Dhabi. Current London property owners indicated they were likely to invest more in the next two years. Those without London holdings may purchase within the next four years. The research suggests London provides a reliable and secure market that offers profitable investments and capital growth opportunities for UAE investors.
A new study conducted by Insight Advantage on behalf of British developer Barratt London found that London is the most preferred city for UAE residents considering investing in residential real estate abroad.
The survey found that 69% of UAE residents selected London from a list of ten global capital cities when asked about their first choice for overseas property investments. New York and Singapore followed as the second and third most appealing destinations, respectively.
The majority of respondents were from Dubai (58%) and Abu Dhabi (28%). Interest was also uncovered in other investment options like cryptocurrency, savings accounts, and stocks.
As per Stuart Leslie, International Sales and Marketing Director at Barratt London, the research results provide useful insights into current trends and interests among UAE investors regarding the international property market.
The findings suggest London offers reliable and secure prospects for profitable investments and capital appreciation potential for UAE property investors. Those already owning London property are "likely" to invest more over the next two years, with 84% indicating they will do so. Nearly eight in ten without London holdings may purchase by 2026.
Portfolios held overseas average 2.3 million pound in value elsewhere in the UK, rising 16.6% since purchase. For London properties, the average value exceeds 2.7 million pound with 16.4% growth according to the study.
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