Purpose

This paper aims to investigate perceptions of United Arab Emirates (UAE) real estate investors’ behaviour and the factors that most influence their investment decisions.

Design/methodology/approach

This study used a modified questionnaire that was divided into two parts. The first part covered demographic and socioeconomic variables. The second part identified 36 factors that affect the perceptions of real estate investors in the UAE regarding their investment decisions. These factors were placed in eight different categories that correspond to non-personal factors such as, profit, market conditions, risk, transparency, credit facilities (loans), infrastructure and services.

Findings

The findings confirm that there is a significant and positive relationship between three factors; namely, profitability, risk and service quality regarding investments in the real estate sector. The findings also confirm a positive but statistically insignificant relationship between transparency, market conditions, credit facilities, infrastructure and investment in the UAE’s real estate sector.

Research limitations/implications

The sample size represents one of the limitations of this study. In addition, the gender of the sample is another limitation as, in general, men are more involved in investment than women are. Furthermore, there are no previous studies regarding the behaviour of UAE real estate investors; thus, the findings of this study cannot be directly compared with other empirical studies.

Practical implications

It might be helpful to create separate units under the name “Real Estate Information Unit” in every municipality of each of the seven emirates. In addition, it is recommended that decision makers should consider ensuring that modern high-quality real estate infrastructure is available to attract more investors. Finally, minimizing any restrictions on access financing facilities may encourage investors to invest more in the UAE real estate sector.

Originality/value

This study is the first of its kind to be conducted in the context of the behaviour of UAE real estate investors.

中文翻译：

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房地产投资者的行为

目的

本文旨在调查对阿拉伯联合酋长国（UAE）房地产投资者行为的看法以及最影响其投资决策的因素。

设计/方法/方法

这项研究使用了修改后的问卷，该问卷分为两部分。第一部分涵盖了人口和社会经济变量。第二部分确定了36个因素，这些因素会影响阿联酋房地产投资者对其投资决策的看法。这些因素被分为与非个人因素相对应的八个不同类别，例如利润，市场状况，风险，透明度，信贷便利（贷款），基础设施和服务。

发现

这些发现证实了三个因素之间存在着显着的正相关关系。即房地产行业投资的盈利能力，风险和服务质量。调查结果还证实，透明性，市场状况，信贷便利，基础设施和阿联酋房地产领域的投资之间存在着积极但在统计上无关紧要的关系。

研究局限/意义

样本量代表了这项研究的局限性之一。此外，样本的性别是另一个限制，因为一般而言，男性比女性参与投资更多。此外，以前没有关于阿联酋房地产投资者行为的研究。因此，该研究的结果不能直接与其他实证研究进行比较。

实际影响

在七个酋长国的每个直辖市中，以“房地产信息部门”的名义创建单独的部门可能会有所帮助。此外，建议决策者应考虑确保有现代高质量的房地产基础设施来吸引更多的投资者。最后，最大程度地减少对融资渠道的限制可能会鼓励投资者在阿联酋房地产领域进行更多投资。

创意/价值

这项研究是针对阿联酋房地产投资者行为开展的此类研究。