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Kuwait investments in Dubai property market rise

Kuwait investments in Dubai property market rise
Photo Credit: Arabianeye-Reuters

Mubasher: The number of Kuwaiti investors in the real estate market in Dubai has increased to reach 770 investors during 2016, with investments totalling AED 2 billion, a recent statement said according to Dubai Land Department (DLD).

International Property Show 2017 is expected to attract a wide range of visitors from Kuwait, the statement said, noting that this event will be held from 2-4 April 2017 at the Dubai World Trade Center.

“This comes at a time Kuwaiti investors are more demanding realty investments in Dubai in the form of villas, apartments and offices,” the statement said.

Specialised institutions have issued many reports that expected Dubai’s real estate market to keep its growth in 2017. 

“Cluttons Property Consultants expected that the infrastructure projects related to EXPO 2020 alongside other projects in the Emirate of Dubai will enhance the real estate market growth in the upcoming years,” the statement added.