UAE Claims Top Spot in Global Real Estate Investment Index for 2024

The United Arab Emirates has been ranked as the premier global destination for real estate investment, according to the 2024 Global Real Estate Investment Index. The study, conducted by property technology platform Housearch, evaluated 50 countries based on rental yields, economic stability, and legal frameworks for foreign buyers. Yields and Tax Efficiency Drive Demand The UAE secured an overall score of 9.23 out of 10, placing it ahead of 49 other nations. The ranking is primarily attributed to the country’s high gross rental yields, which average between 6% and 10% in key residential districts of Dubai and Abu Dhabi. Unlike many European and North American markets, the UAE offers a 0% tax rate on residential property income and capital gains, significantly increasing the net return for private and institutional investors. Economic indicators played a central role in the UAE’s first-place finish. The index factored in projected GDP growth and a stable inflation environment, which provide a predictable climate for long-term capital appreciation. The ongoing expansion of the "Golden Visa" residency program, which grants long-term stay permits to property owners, remains a…