The real estate sector in emerging markets during the past year witnessed remarkable interest, for several factors, most notably the challenges resulting from oil price fluctuations and currency exchange stability, and the change of many real estate investment laws that will bring new and exciting prospects for the new year, and here is a list of real estate markets worth following by those interested in the real estate field in 2016:

Casablanca.

Casablanca

The economic capital of the Kingdom of Morocco, rents are stable despite increasing supply, and there are many large-scale commercial and office projects under development in the city.

Casablanca.

Riyadh

Riyadh has taken a step forward in the real estate field, after the Supreme Commission for the Development of Riyadh approved the establishment of 4 investment projects worth 21 billion riyals in October last year, and these new projects are expected to boost the real estate sector, specifically commercial units in Riyadh, which is witnessing population growth and real estate expansion continuously.

Riyadh has taken a step forward in the real estate field.

Mexico City

The PricewaterhouseCoopers report indicated that by 2025, Mexico City will become one of the 10 richest cities in the world, and the city is expected to witness many real estate opportunities in the coming years as a result of real estate expansion and rapid population growth in the city, in addition to the amendment of laws related to foreign investments in Mexico has contributed to attracting many foreign funds to Mexico.

Mexico City.

Candy in Sri Lanka

In the coming months, the land rental tax in Sri Lanka is expected to be abolished, which will encourage citizens to invest in real estate, specifically outside the capital Colombo, as Kandy is Sri Lanka's first smart city that is expected to attract many international companies and foreign investors in the next 12 months, moreover, the connectivity and infrastructure development project between Kandy and Colombo will reflect on the city's activity.

Kandy is the first smart city in Sri Lanka that is expected to attract many international companies and foreign investors in the next 12 months.

Nairobi, Kenya

Kenya has succeeded in recent years in entering the competition in the commercial and technical sectors in particular, and the capital Nairobi has become a major center for many international and local companies that want to exploit the many opportunities available, and benefit from providing their services to East Africa through a city that is qualified in terms of infrastructure and human resources. As a result, the real estate market in Nairobi is booming.