A cosmopolitan lifestyle is expected to be among one of the main factors that influence the selection of a real estate investment destinations for Middle East buyers in 2015.
London is still the most important global city for the world's ultra-high-net-worth individual (UHNWI), followed by New York and Hong Kong.
The construction of the third phase of the Saadiyat Beach Villas (SBV), which comprises 77 luxurious residences, is on track for completion in June 2015.
A new wave of transport, retail and leisure facilities at Dubai Marina is continuing to drive buyer demand at the popular beachside location.
Early next month the government of Bahrain is expected to introduce new obligatory tenancy registration procedures, which will aid in the maturing of the market.
Abu Dhabi's drive for economic diversification continues to directly impact tenant demand, and is helping to deliver long term sustainability to the emirate's residential property market.
The emirate's first truly community focused infrastructure project, is set to add permanent long term value to residential values in Dubai Marina.
Pending home sales slightly rose in September and are now above year-over-year levels for the first time in 11 months.
Strong economic activity in Oman, underpinned by the government's heavy inward investment, has continued to drive job creation.
UAE's residential property market has experienced improved stability during the first six months of 2014.
International real estate consulting firm Cluttons reports there is an increased demand in both the residential sales and lettings markets.
Following an exceptional year in 2013, Dubai's residential property market is showing signs of more modest growth in the first quarter of 2014