{"id":4389,"date":"2019-11-04T13:13:17","date_gmt":"2019-11-04T06:13:17","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=4389"},"modified":"2021-06-04T14:43:43","modified_gmt":"2021-06-04T07:43:43","slug":"dubai-foreign-investment-for-chinese","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/dubai-foreign-investment-for-chinese\/","title":{"rendered":"Mainland Chinese see Dubai\u2019s property market as a lucrative investment"},"content":{"rendered":"

Driven primarily by the continuous drop in property prices over the last few years<\/p>\n

\"\"
View of the Sheikh Zayed Road, Dubai, UAE. NaufalMQ\/Shutterstock<\/figcaption><\/figure>\n

Dubai\u2019s property prices have been on a consistent decline over the last few years, prompting growing demand from Chinese buyers, reported Khaleej Times<\/a>, citing research conducted by Juwai.com, an international property portal for mainland Chinese.<\/p>\n

The property portal evaluated Chinese consumers\u2019 trends on property demand for the past seven years, and discovered Dubai as one of their top investment destinations.<\/p>\n

To help Chinese investors take advantage of Dubai\u2019s property market, Juwai.com signed a merger agreement with international real estate firm IQI Global, which also sealed a deal with the leading property firm in Dubai Key One Realty Group.<\/p>\n

More: Dubai prices foreseen to fall as supply grows<\/strong><\/a><\/p>\n

Group CEO of property firm IQI Global Kashif Ansari said that every week, hundreds of Chinese buyers have contacted them to inquire about investment opportunities in Dubai.<\/p>\n

“Dubai has got a lot of prominence among the Chinese investors over the last few years, thanks to massive promotions launched for Expo 2020. There is a lot of awareness and knowledge about Dubai now among the Chinese investors, hence, they inquire about the investment opportunities in the emirates, especially in the real estate sector,” he added.<\/p>\n

Following their success in China and Asia, Ansari shared that they are looking forward to serving Indian clients as they search for more profitable foreign investments.<\/p>\n","protected":false},"excerpt":{"rendered":"

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