Survey 2022: Reforms and war in Ukraine are a boost to the UAE real estate market.

After the introduction of improved regulatory policies and diplomatic measures related to the conflict in Ukraine, foreign direct investment drove the UAEreal estate market to grow above the global average in 2022.

Despite the global economic slowdown, the United Arab Emirates real estate industry had a successful year, driven by a number of reforms and geopolitical events, including the conflict in Ukraine. Some segments of this market are expected to kick-start global growth in 2023.

In the third quarter of this year, yields in the global commercial real estate market marked negative for the first time since the COVID-19 pandemic began in the second quarter of 2020, according to U.S.