Revealed: UAE residents' top three goals of 2015

UAE investors’ top three goals are buying a new home (25 per cent), starting or investing in a new business venture (21 per cent) and retirement (13 per cent), according to Franklin Templeton Global Investor Sentiment Survey.

“Around 94 per cent of UAE investors expect to meet their targets in 2015,” said Hafeez Abdullah, Chairman of investment firm ‘The H Holding Enterprise’.

He noted that the survey, which polled over 11,500 investors in 23 countries, showed that the UAE was the second most confident country, after India.

“The UAE has a unique investment environment where all industries grow in harmony. The focus on tourism sector, for instance, has brought several opportunities to the real estate market,” added Abdullah.

According to the UAE Economic Report 2015 by Bank Audi, the real estate sector is considered one of the key drivers of the country’s national economic activity. Both Abu Dhabi and Dubai markets recorded a positive yearly change in terms of performance and prices in the residential and office markets.

The same report also shed light on the tourism sector, saying that its improvement was driven by a number of initiatives and mega tourism and leisure projects by the UAE government, encouraging each emirate to have its own niche in the market.

“This is the right time to invest in the UAE,” added Abdullah. “Opportunities in various sectors are drawing the attention of investors from around the globe. Well established local firms have equal opportunities to expand their businesses during the coming period,” he concluded.

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