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The JLL Global Real Estate Transparency Index is based on a combination of quantitative market data and survey information The JLL Global Real Estate Transparency Index is based on a combination of quantitative market data and survey information

JLL: Dubai Remains MENA’s Most Transparent Real Estate Market

Dubai has retained its position as the MENA region's most transparent real estate market with a range of new government initiatives and an increasingly dynamic proptech industry pushing the Emirate up in the global rankings.

According to the JLL Global Real Estate Transparency Index, (GRETI) Dubai was among the top three improvers globally in the Semi-Transparent category and moved up the rankings eight places to 40 out of 100 markets covered this year (from 48 in 2016). The Emirate has recorded continuous progress and sits on a par with top tier cities in countries including China (33), Russia (38) and Mexico (39).

"One of the key objectives of the Dubai Land Department is to attract more investment and the Government have therefore launched a number of initiatives," said Craig Plumb, head of research, MENA, JLL.