Executive Summary
The outlook for the UAE economy for 2022 remains positive on the back of rising oil prices and growth in the non-oil sector coupled with the Dubai Expo 2020, benefits of which are expected to be fully realized in the years ahead. Targeted government stimulatory policies, increased mortgage lending limits, introduction of special visa programs and efforts to boost competitiveness and ease of doing business, are positives for the investment environment in the country. The real estate sector in the UAE has marked a strong rebound in 2021, with strong demand for residential properties driving up the prices. Consumer Price Index (CPI) inflation in UAE that had been deflationary since 2019 turned positive in August 2021. Positive inflationary and investment trends augur well for the UAE real estate sector.
