From Yahoo Finance: 2025-05-18 07:11:00

Dubai’s real estate market has seen a 70% surge in property values over the last four years, attracting new Wall Street investors like Brookfield Corp. and Temasek Holdings. The city has seen a boom in office and hotel transactions, with increased demand from overseas buyers seeking better returns and lower taxes.

Dubai’s real estate turnaround began after the pandemic, drawing wealthy tourists and investors with liberal visa policies. Following Russia’s invasion of Ukraine, wealthy individuals moved assets to Dubai to shield them from sanctions. The surge in residential and commercial real estate values has been unprecedented, with record home sales in the first quarter.

Brookfield is expanding its presence in Dubai, considering building residential towers in Dubai Hills. Other investors like Mapletree Investments and Blackstone are also eyeing the region for real estate investments. Big-name backers like Goldman Sachs and Hillhouse have already made significant investments in the city’s real estate sector.

In Abu Dhabi, Aldar Properties raised $500 million from Apollo Global Management in one of the region’s largest corporate hybrid private placements. The lack of available revenue-generating assets in Dubai poses a challenge for overseas investors, as many buildings are owned by Emirati families or government entities.

Despite challenges, investors like Martin Linder are raising significant funds for Dubai real estate projects. Linder’s Global Partners Limited raised over $350 million for its second fund, attracting investments from American family offices and other institutions. The success of previous projects has led to increased interest from high-profile investors in the United States.



Read more at Yahoo Finance: Dubai’s Red-Hot Real Estate Is Starting to Attract Big Name Backers