Why Abu Dhabi is preferred over Dubai for real estate investments amid US-Iran war
India, June 28 -- At a time when the Iran war has cast a doubt in the minds of real estate investors, Amit Goenka, founder of Nisus Finance, said that Abu Dhabi, instead of Dubai, is where people should put in their money.
While Dubai has global money, Abu Dhabi is where the economy is accelerating. Goenka said, speaking at HT's India Next Real Estate Summit. Institutional players in Abu Dhabi are among the main reasons it is a preferred investment location, he said.
Which inventory should one invest in? Office spaces, apartments, and villas are the best investments in Abu Dhabi, in terms of yield, Goenka said.
"There is a 5 per cent availability of office spaces in comparison to a 15 per cent demand. So, it is a great place to invest ...
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