A recent survey undertaken in MENA region mutes upbeat confidence in the investor confidence in the middle East and in particular the survey undertaken by Jones Lang states.

Forty-two per cent of the 225 investors polled said the UAE is expected to be the strongest perfoming market when recovery happens, with 26 per cent favouring Abu Dhabi over Dubai.

Sentiment towards Dubai, though, has improved significantly, with 16 per cent expecting the emirate to be strongest performer in the next 12 months, compared to only 11 per cent in the survey. “Dubai has received high marks from investors for its achievements including its world class infrastructure, appeal to international corporate occupiers, market openness and quality of life. While short-term concerns around liquidity and over-supply remain, a return to 2007 pricing will see Dubai enforce its competitiveness as one of the region’s leading destinations for investment,” said Jones Lang in its report.