Surge in Abu Dhabi’s foreign investment in the first half of 2023

Abu Dhabi real estate demonstrated a 363 % surge in foreign investment, according to The Department of Municipalities and Transport (DMT). Foreign investment in property in the UAE capital exceeded AED 834.6M (USD 227M) between January and June 2023.

As reported by the DMT, the 5 leading areas with the highest indicators of foreign direct investment by individuals include:

• Saadiyat Island — 34 %
• Yas Island — 28 %
• Al Jurf — 12 %
• Al Reem Island — 11 %
• Al Shamkha area — 8 %

Dr. Adeeb Al-Afifi, Executive Director of the Real Estate Sector at the Department of Municipalities and Transport, stated that such a hike in foreign direct real estate investments in the emirate in the first half of 2023 is a testament to the emirate’s attractiveness to foreign investors.

Abu Dhabi is distinguished by its supportive economic and legislative environment, world-class infrastructure, and advantageous location. All these factors enhance the emirate’s position as a preferred destination for worldwide investors.

The investment climate of Abu Dhabi is supported by a strong legislative and regulatory framework. The emirate offers a stimulating environment for foreign investors who seek promising projects in the property market. Abu Dhabi’s commitment to innovation, sustainable development policies, environmental sustainability and economic diversification has expanded its ability to attract foreign direct real estate investments.