Research conducted by Insight Advantage on behalf of Barratt London, a market-leading residential developer in the UK, has revealed that London is the top choice for UAE investors looking to purchase property overseas. The survey, which was conducted this month, set out to identify the preferences of investors in the UAE.
Among the survey participants, 58% reside in Dubai, 28% in Abu Dhabi, and 6% in Ajman. The remaining percentage is evenly distributed across Sharjah, Ras Al Khaimah, Umm Al Quwain, and Fujairah.
When asked to select the five global capitals where they would most likely consider buying property, 69% of survey participants ranked London as their top choice out of a shortlist of ten global capitals. New York, meanwhile, was identified as the second most popular property investment location, followed by Singapore.
Beyond prioritising property investments, either in the UAE or abroad, investors are also interested in cryptocurrency (62%), saving accounts (57%) and stocks and shares (56%).
According to the survey, the top three compelling reasons for investing in London property are the potential for significant capital growth, renting property, and owning a property in a prestigious global city. The most important London property characteristics identified in the research are a blend of financial benefits and the city’s highly desirable location.
