London Top Choice for UAE Property Investors

Real estate developer Barratt London conducted a survey recently to identify the preferences of investors in the UAE

May 27, 2024 | Staff Reporter | UAE, UK | Developers

London Top Choice for UAE Property Investors

Research conducted by Insight Advantage on behalf of Barratt London, a market-leading residential developer in the UK, has revealed that London is the top choice for UAE investors looking to purchase property overseas. The survey, which was conducted this month, set out to identify the preferences of investors in the UAE. Among the survey participants, 58% reside in Dubai, 28% in Abu Dhabi, and 6% in Ajman. The remaining percentage is evenly distributed across Sharjah, Ras Al Khaimah, Umm Al Quwain, and Fujairah.

When asked to select the five global capitals where they would most likely consider buying property, 69% of survey participants ranked London as their top choice out of a shortlist of ten global capitals. New York, meanwhile, was identified as the second most popular property investment location, followed by Singapore.

    Fast Glance

  • London ranked number one in a shortlist of global cities for property investment
  • In a survey conducted by property developer Barratt London, 69% of respondents choosing the UK capital as their favoured location
  • The survey also revealed that 84% of those who already own London property are likely to invest more in the London market over the next two years 

Beyond prioritising property investments, either in the UAE or abroad, investors are also interested in cryptocurrency (62%), saving accounts (57%) and stocks and shares (56%). “The Barratt London UAE research results provide valuable insights into UAE investors' current trends and interests regarding the international property market. The findings suggest that London is a reliable and secure option for UAE property investors, providing them with profitable investment prospects and opportunities for capital growth,” said Stuart Leslie, International Sales and Marketing Director at Barratt London.

According to the survey, the top three compelling reasons for investing in London property are the potential for significant capital growth, renting property, and owning a property in a prestigious global city. The most important London property characteristics identified in the research are a blend of financial benefits and the city’s highly desirable location.

The Barratt London UAE research results provide valuable insights into UAE investors' current trends and interests regarding the international property market. The findings suggest that London is a reliable and secure option for UAE property investors, providing them with profitable investment prospects and opportunities for capital growth.

Stuart Leslie, International Sales and Marketing Director, Barratt London

Barratt London’s latest offering for Middle East property investors is the Royal Gateway development. Located in the popular hotspot of Acton, in the thriving London Borough of Ealing, Royal Gateway will offer 300 new apartments with a range of amenities and access to Bond Street in 13 minutes, Oxford Circus in less than 20 minutes and Heathrow Airport in 20 minutes. The area’s regeneration plans include a new high street and two major campuses for Imperial College.

Other findings from the recent Barratt London survey include that 84% of those who already own London property are likely to make further investments in the London market over the next two years, and 79% of those who do not currently own property in London are likely to invest in the UK capital by 2026.

The survey revealed that the average value of those with existing London property portfolios was over £2.7 million, with an average growth since purchase of 16.4%. Meanwhile, the average value of non-London property portfolios in the UK was estimated to be over £2.3 million, with growth since purchase of 16.6%, according to the research.

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