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Khaleej Times
2 days ago
- Business
- Khaleej Times
Chinese, Hong Kong investors fuel Dubai property boom
Dubai's real estate market is experiencing a surge in interest from Chinese and Hong Kong investors, drawn by the emirate's strong economic fundamentals, investor-friendly policies, and high-yield opportunities. According to Juwai IQI, Chinese buyer inquiries for UAE properties rose by 28 per cent in the first quarter of 2025 compared to the previous year, reflecting a growing appetite for Dubai's residential and commercial assets. This influx is part of a broader trend, with foreign investors, including those from China, the US, the UK, France, Kazakhstan, and Russia, purchasing over $2 billion in Abu Dhabi real estate in 2024, a 125 per cent increase from 2023. In Dubai, Chinese investors accounted for approximately 8.0 per cent of foreign real estate investment in 2024, a figure expected to grow in 2025, according to Kashif Ansari, co-founder and group CEO of Juwai IQI. The city's residential market saw rents and sales prices climb by 16 per cent and 18 per cent, respectively, in 2024, driven by expatriate demand and government initiatives like long-term visas and relaxed ownership laws. Cushman & Wakefield Core projects office rents to rise by 10 to 12 per cent in 2025, further signaling Dubai's appeal as a global investment hub. A notable transaction highlighting this trend is Hong Kong-based Gaw Capital's acquisition of a residential building at Mamsha Gardens on Saadiyat Island, Abu Dhabi, for Dh586 million from Aldar Properties, marking its first UAE investment. Aldar, Abu Dhabi's largest developer, reported that 87 per cent of its first-quarter 2025 sales were to international buyers, with Chinese and Hong Kong investors contributing Dh1.3 billion in Q1 alone, following Dh1.5 billion in 2024—a 30-fold increase from 2022. Talal Al Dhiyebi, Aldar's group CEO, noted that the transaction underscored the strength of Abu Dhabi's maturing real estate market and its appeal to global investors, driven by robust economic fundamentals and high-quality assets. Christina Gaw, managing principal at Gaw Capital, which manages $34.4 billion in assets, described the Mamsha Gardens deal as a 'landmark investment' reflecting confidence in the Middle East's growth potential. Humbert Pang, Gaw Capital's head of China, added, 'The UAE's economic diversification, new residency permits, and rising expatriate demand have significantly boosted property market sentiment.' This sentiment is echoed by Black Spade Capital, the family office of casino billionaire Lawrence Ho, which recently invested in IFCX, a Hong Kong-based brokerage targeting Middle Eastern real estate. David Abood, head of Capital Markets at Cushman & Wakefield Core, noted a marked uptick in Asian investor activity, particularly from China and Hong Kong, targeting institutional-grade assets like prime offices, logistics, and high-end residential properties. 'These segments offer immediate income potential and benefit from Dubai's regulatory transparency and rising demand,' Abood said, citing a recent Dh2.5 billion office transaction as evidence of market strength. In Dubai, luxury property transactions averaged $743,000 in Q1 2025, with foreign buyers, including Chinese investors, paying a premium at $1.12 million on average. Dubai's appeal is further enhanced by its strategic initiatives, such as the Dubai Real Estate Strategy 2033, which aims to increase transaction values by 70 per cent and boost home ownership to 33 per cent by 2033. The city's population, projected to reach 4.0 million by 2026, continues to drive demand, with off-plan sales hitting $34.3 billion in the first half of 2024. Projects like Emaar South and Jumeirah Lakes Towers are emerging as investment hotspots, fueled by infrastructure developments like Al Maktoum Airport. However, analysts caution that an expected increase in residential supply—182,000 units by 2026—could stabilise or slightly depress prices if demand softens. Geopolitical uncertainties in the region also pose risks, though Dubai's status as a safe haven has historically mitigated such concerns. For now, Chinese and Hong Kong investors remain undeterred, drawn by Dubai's low-tax regime, safety, and connectivity, as noted by Fadi Moussalli of JLL. As global interest intensifies, with recent visits by leaders like US President Donald Trump and Hong Kong Chief Executive John Lee signalling the region's strategic importance, Dubai's real estate market is poised for sustained growth. With Asian capital, particularly from China and Hong Kong, playing a pivotal role, Dubai is expected to sustain its position as a premier destination for global real estate investment in 2025.
The Sun
7 days ago
- Business
- The Sun
Asean Summit could unlock hundreds of billions in FDI, trade for Malaysia: Juwai IQI
KUALA LUMPUR: The Asean Summit will be a platform to integrate regional economies and promote trade through potential agreements with an estimated RM300 billion in foreign direct investment (FDI) in the next five years, according to Juwai IQI. Its co-founder and group CEO Kashif Ansari said in a statement today that it is important for Asean member countries to work together as the region faces a complicated world, with global strategic rivalries, new technologies, and artificial intelligence (AI) disruptions. 'The summit could boost Malaysia's economy through regional integration, Asean unity in global trade, and foreign direct investment. Changes in these three areas could mean hundreds of billions of ringgit in additional trade and capital over the coming years. 'The Johor-Singapore Special Economic Zone (JS-SEZ) is a prime example of integration, which could contribute as much as RM110.9 billion to Malaysia's economy annually by 2030,' he said. Kashif said a tighter-knit Asean could boost Malaysia's total trade volume significantly, to about RM3.87 trillion by 2027; exports could reach an all-time high of RM2.13 trillion in annual export volume by 2030. 'While the agreements coming out of the summit could have us shipping more goods out by 2030, we will also be receiving more inbound FDI, with that money going into local innovation, infrastructure, employment, and property,' he noted. In the property sector, based on IQI's analysis, FDI inflows during this period will generate at least RM15 billion in new real estate activities, which include industrial parks, commercial centres, logistics hubs, and housing developments, said Kashif 'With RM300 billion of FDI projected by 2030, we estimate RM15 billion, or 5%, will be channelled into the real estate industry. 'We have estimated this 5% ratio between FDI and real estate based on typical patterns seen across the region. The real number could be lower, or much higher,' he said. According to Kashif, global brands have built data centres, electric vehicle facilities, and logistics hubs over the past few years. These developments create high-quality property demand in the industrial sector and have a spillover effect on housing, office, and retail. 'This Asean Summit is a platform for improving Malaysia's future. If regional leaders can agree to deepen intra-Asean trade, harmonise regulations, and reduce trade barriers, Malaysia and all our partner nations will benefit,' he added. The Asean Summit will be held at the Kuala Lumpur Convention Centre on May 26 and 27, alongside the second Asean-Gulf Cooperation Council Summit and the inaugural Asean-Gulf Cooperation Council -China Summit. – Bernama
Malay Mail
7 days ago
- Business
- Malay Mail
Asean Summit set to unlock RM300b in FDI, boosting Malaysia's economy, says Juwai IQI
KUALA LUMPUR, May 22 — The Asean Summit will be a platform to integrate regional economies and promote trade through potential agreements with an estimated RM300 billion in foreign direct investment (FDI) in the next five years, according to Juwai IQI. Its co-founder and group chief executive officer Kashif Ansari said in a statement today that it is important for Asean member countries to work together as the region faces a complicated world, with global strategic rivalries, new technologies, and artificial intelligence (AI) disruptions. 'The summit could boost Malaysia's economy through regional integration, Asean unity in global trade, and foreign direct investment. Changes in these three areas could mean hundreds of billions of ringgit in additional trade and capital over the coming years. 'The Johor-Singapore Special Economic Zone (JS-SEZ) is a prime example of integration, which could contribute as much as RM110.9 billion to Malaysia's economy annually by 2030,' he said. Kashif said a tighter-knit Asean could boost Malaysia's total trade volume significantly, to about RM3.87 trillion by 2027; exports could reach an all-time high of RM2.13 trillion in annual export volume by 2030. 'While the agreements coming out of the summit could have us shipping more goods out by 2030, we will also be receiving more inbound FDI, with that money going into local innovation, infrastructure, employment, and property,' he noted. In the property sector, based on IQI's analysis, FDI inflows during this period will generate at least RM15 billion in new real estate activities, which include industrial parks, commercial centres, logistics hubs, and housing developments, said Kashif 'With RM300 billion of FDI projected by 2030, we estimate RM15 billion, or five per cent, will be channelled into the real estate industry. 'We have estimated this five per cent ratio between FDI and real estate based on typical patterns seen across the region. The real number could be lower, or much higher,' he said. According to Kashif, global brands have built data centres, electric vehicle facilities, and logistics hubs over the past few years. These developments create high-quality property demand in the industrial sector and have a spillover effect on housing, office, and retail. 'This Asean Summit is a platform for improving Malaysia's future. If regional leaders can agree to deepen intra-Asean trade, harmonise regulations, and reduce trade barriers, Malaysia and all our partner nations will benefit,' he added. The Asean Summit will be held at the Kuala Lumpur Convention Centre on May 26 and 27, alongside the second Asean-Gulf Cooperation Council (GCC) Summit and the inaugural Asean-GCC-China Summit. This is the fifth Asean chair for Malaysia. Its previous terms were in 1977, 1997, 2005 and 2015. — Bernama
New Straits Times
7 days ago
- Business
- New Straits Times
Asean Summit deals could add RM300bil in FDI, boost real estate
KUALA LUMPUR: The agreements forged at the upcoming Asean Summit could generate hundreds of billions of ringgit for Malaysia's economy and real estate sector by 2030, according to Juwai IQI co-founder and group chief executive officer Kashif Ansari. He said the summit brings together regional leaders to find ways to further integrate economies and promote trade and promote trade until 2030. "What's at stake is potential agreements that could help make Malaysia wealthier by 2030. It is especially important for the Asean nations to work together now, at this global turning point," he said in a statement. Ansari pointed out three key areas where Malaysia could reap substantial benefits, including regional integration, Asean unity in global trade and foreign direct investment. "The Johor-Singapore Special Economic Zone (JS-SEZ), is a prime example of integration with the government projections estimating it will contribute RM110.9 billio annually to Malaysia's economy by 2030," he said. He added that tighter integration across Asean could boost Malaysia's total trade volume significantly, to about RM3.87 trillion by 2027. Meanwhile, exports alone are projected to reach a record RM2.13 trillion annually by 2030, driving job creation and higher wages across Malaysia. "While the agreements coming out of the summit could have us shipping more goods out by 2030, we will also be receiving more inbound foreign direct investment (FDI). "The investment should exceed RM300 billion over the next five years, with that money going into local innovation, infrastructure, employment and property," he said. Ansari noted that the FDI inflows during this period will generate at least RM15 billion or five per cent in new real estate activity, including industrial parks, commercial centres, logistics hubs and housing developments. "We have estimated this five per cent ratio between FDI and real estate based on typical patterns we've seen in across the region. The real number could be lower, or much higher. "Already in the past few years, global brands are building data centres, electric vehicle facilities and logistics hubs, creating high-quality property demand in the industrial sector and also have spillover in housing, office and retail," he added.
South China Morning Post
04-05-2025
- Business
- South China Morning Post
Wealthy Chinese turn away from US real estate as Trump amps up trade war with Beijing
Wealthy mainland Chinese are increasingly shifting their attention and capital away from the US to other real estate markets amid rising geopolitical tensions between Washington and Beijing, according to property agents. Advertisement In 2024, Chinese buyers' demand for homes that cost more than US$5 million moved to Thailand Australia and Canada , respectively, according to data tracked by Juwai IQI. By comparison, the US in 2023 was the top choice among Chinese buyers, according to the property portal, which has a network of over 50,000 real estate professionals across more than 30 countries. 'Geopolitical friction, protectionism and increased scrutiny of property deals have discouraged some buyers,' Juwai IQI co-founder and group chief executive Kashif Ansari said. 'Chinese investment in US homes has dropped more than 50 per cent from its peak in 2017,' he said. 'Buyers are looking for friendlier alternatives.' Advertisement
