The UAE, Oman, and Qatar have featured among the top five in a global ranking of the best places to invest in property, according to real estate platform Housearch.
Oman tops the regional ranking, ahead of Qatar and the UAE and behind only Ireland and Cyprus in the world list.
The Index considers factors such as rental yields, peace and stability ratings, property rights, and economic growth rates.
UAE, Oman and Qatar top places for property investors
The inaugural “Housearch Investment Index” has highlighted the Gulf countries, with Oman, Qatar, and the UAE, particularly Dubai, securing top positions for residential property investment in 2024.
This trend underscores the region’s appeal as a stable and reliable investment haven, especially amid cooling property markets in Europe and North America due to expected “higher-for-longer” interest rates.
The UAE, particularly Dubai, has long been a beacon for overseas property investment, renowned for its luxurious real estate offerings, favourable business environment, and tax regime.
The recent influx of entrepreneurs, high-tech startups, and high-net-worth foreigners, particularly post-Brexit as the attractiveness of London has been increasingly on the wane, has further invigorated Dubai’s residential market.
According to the index’s ranking, Oman and Qatar are also gaining traction, attracting global investors seeking reliable and stable cash flows.
These markets are emerging as attractive alternatives to traditional investment destinations, offering promising opportunities for portfolio diversification.
Mark Wilson, adviser to CEO and Head of Research at Housearch, said: “Oman and Qatar’s strong showing in our 2024 Index reflects growing investor confidence in the Gulf region as a whole.
“With gross rental yields ranging from approximately 6 percent in Qatar to up to 10 percent in some areas of Dubai, these markets offer lucrative opportunities for those seeking stable returns in the current economic climate.”
The Housearch Investment Index is designed to help private real estate investors assess the investment attractiveness of residential property markets in 50 countries.
Its findings for 2024 reflect a shifting landscape in global real estate investment, with the Gulf countries rising as key players.
This development presents a notable opportunity for investors looking to diversify their portfolios and tap into emerging markets with high growth potential.
Housearch top 10 places in world to invest in property
- Ireland
- Cyprus
- Oman
- Qatar
- UAE
- Malta
- Costa Rica
- Georgia
- Armenia
- Bulgaria
