UAE investors are more likely to invest in real estate over the next 12 months than their peers in countries such as the UK, the US and India, a new survey from Barclays Wealth has found.

'In the case of the investors from the UAE, one can explain this tendency on the grounds of a strong preference for bricks and mortar investment – despite the scale of the recent property crash in Dubai, one of the Emirates,' the wealth manager said in a report on Sunday.

Out of UAE investors, 37% said they were likely to increase their allocation to real estate in the coming year, compared with 24% of UK and US investors, 18%t of Indian investors and only 13% of Spanish investors.