A report by JLL titled, World Cities: Mapping the Pathways to Success, also stated Dubai epitomises the hybrid city. Named the Middle East’s most transparent real estate market within JLL's 2016 Global Real Estate Transparency Index (GRETI), Dubai has been termed a hybrid city due to initiatives to improve transparency and a transformation in the quality of its commercial real estate market.
According to JLL, hybrid cities are defined as medium-sized and competing among specialised markets, which benefit from access to large domestic markets. They are durable over the medium-term and are among top real estate investment destinations, as seen with Dubai.
The emirate was also listed among a new group of hybrid cities recorded by JLL as having clear attributes of either Emerging World Cities or New World Cities, taking into account their contribution to global investment.