DOI: 10.36347/sjebm.2020.v07i01.007

Pages: 39-43

The purpose of the present paper is to outline the trend of the UAE in the real estate market from 1970 till 2019 and reflect the attitude of the foreign investors and help the readers understand the factors that have attracted them to make investment in the property sector in the UAE. The research is descriptive in nature and collects the data based on the empirical previous studies and the statistical data retrieved from the World Bank and UN development websites. The overall research study focuses on the general trend followed between the years 1970 – 2010 and analyze the situation from 2010-2019 to showcase the changes in the UAE property sector. The findings of the study reveal that however, the UAE has shown consistent positive trend from 1970-2010, however, in 2016 till 2019, the country has shown decline in its property sector due to several nation’s strict policies. But since the initiation of the Dubai Expo 2020 and Dubai Global City, the foreigners have shown significant interest in making investment in the region’s property sector.