GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Government, Legal and Humanity

 
  Share

UAE, Dubai, 11 March, 2018:  A new group of ‘Hybrid' cities recorded by JLL as having clear attributes of either ‘Emerging World Cities' or ‘New world Cities', has placed Dubai among the world's top destinations for FDI in the real estate market. In a new report by JLL titled, World Cities:

Mapping the Pathways to Success, ‘Hybrid' cities are best epitomised by Dubai. 

Dubai has been making progress in improving real estate transparency and as a result has witnessed high levels of foreign investor activity in the last cycle.

Earning its position as the most transparent real estate market in the Middle East in JLL's 2016 Global Real Estate Transparency Index (GRETI), Dubai has been termed as a ‘Hybrid' city due to several initiatives to improve transparency and witnessing a transformation in the quality of its commercial real estate market. 

Going by its definition, ‘Hybrid' cities are medium-sized and compete in specialised markets, which benefit from access to large domestic markets.

They are durable over the medium term and are among top real estate investment destinations, as seen in the case of Dubai.  

Such cities have a superior live-ability equation compared to their national and regional peers. 

Craig Plumb, Head of Research, JLL MENA said, “Dubai and Abu Dhabi top the list of being termed Hybrid cities.

They share characteristics, aspirations and priorities in terms of the specialisms that they nurture, the talent and businesses that they attract, and the style and quantity of real estate required. With this in mind, it makes sense to assess cities in the Middle East as it allows room to evaluate the competitiveness of the market.” 

Understanding the drivers behind success in real estate markets across the globe and the Middle East is becoming ever more complex.

Investors and businesses are having to look well beyond the standard performance metrics to embrace a far more extensive range of factors that are now shaping cities globally and regionally.

A city's speed of transformation and adaptability, the nuances of its metropolitan leadership, its resilience strategy and its capacity to deliver bold projects are among the factors that are assessed for the long term potential of a city and its real estate market.

 



Posted by : GoDubai Editorial Team
Viewed 6978 times
Posted on : Sunday, March 11, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Dubai Investments reinforces innovation in education at Innovation Arabia
Next Story : ISNR Abu Dhabi 2018 closes on a high note, attracts record numbers of exhibitors and delegates
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Marchon Eyewear Summer 2018 Collections
du Distributes Eid Gifts at Al Jalila Children's Hospital
Al-Futtaim ACE celebrates Eid with exciting offers and activities
24 hour Mega Sale at Dalma Mall!
Filorga introduces two new additions to its UV-BRONZE range offering a comprehen...
Purify Your Skin with Skin Republic
A Sparkling Gift Guide for Eid al-Fitr by Mouawad
Al Ghandi Auto brings the most Affordable Electric Vehicle - Chevrolet Bolt EV -...
Rapid renewal of smartphone portfolio brings next generation Nokia 5 and Nokia ...
Captivate Your Senses with Marks & Spencer's Exclusive Oud Collection
Stylish men's watch - BU4018-11H - with rose gold case and black dial is a real ...
Splash's ‘Life After Fashion' Campaign Breathes New Life into Old Garments
Hamdan Bin Mohammed Heritage Center distributes Eidia on first day of Eid
Crowe Horwath announces global rebrand to “Crowe” Sometimes a smart decision i...
iVOOMi Smartphones Enter the UAE Market Exclusively on SOUQ.com
New open-air member of the AMG GT family
The Summer Just Got Sweeter with the New Palm Candy Collection from Max
Abu Dhabi Treats Eid Al Fitr Visitors to Shopping Bonanza with 90% Discounts Acr...
All Abroad… Mobile Cinema Bus presented by Pert Plus
Tissot Chrono XL Tour de France Special Edition Cycling just got big
Skydance: The Sun – shining amid the immensity of the galaxy
Hair Rituel by Sisley Now available at Paris Gallery
Great Moments Manero Flyback accompanies Swiss National Soccer Team To Russia
The Lacoste Moon Collection
Boss watches presents Master Collection
Axalta and Mohamed Naser Al Sayer Toyota Service Body Shop Go Green in Kuwait
Mido Baroncelli - A Trilogy of Limited Editions
Summer Romance in the air with Max's new seasonal Collection
Liali Jewellery gets the Capillary Technologies boost to enhance customer engagement
Celebrate Eid Al-Fitr with Emaar Entertainment
Medeor 24x7 International Hospital, Al Ain - Quran Competition
Etisalat launches the Middle East's first Apple Watch Series 3 with built-in cellular
Celebrate Eid Al Fitr at Dubai Festival City
GUESS Trend Alert | The Summer Blues
GSK distributes 8,500 ecofriendly Iftar meal bags to people across the GCC
Back to the 90s with GUESS Originals
Nikai Group supports Al Noor Centre with assistive technology devices
Kitchen Design from a Single Source: GROHE Sets Holistic Design Accents with Its...
Hormann Introduces door type V3009 for integration in conveyor systems
Beautiful Freaks
The Dubai Business Women Council enhances the skills of its members through the ...
Year of Zayed Celebrated in a Short Film Featuring Renowned Businessman and Phil...
Emirati double amputee becomes first in the region to receive 3D printed transti...
dnata acquires majority stake in baggage storage and delivery service company, DUBZ
Jawaher Al Qasimi Makes Worldwide Plea to Strike Child Labour at its Very Roots
Emirates Aviation University announces new scholarship awards
The Timekeeping Starts Now!
Maserati joins Cash & Rocket Tour 2018
FBMA Launches The Fatima Bint Mubarak Sports Library
Facebook for iPhone now available in Arabic