Stay Informed with the Latest Georgia Real Estate News and Investment Insights
Stay informed about Georgia’s evolving real estate market. We share the latest developments in property investment, major infrastructure projects, policy updates, and market trends shaping investor interest. From government announcements to developer partnerships, get the insights you need to make confident investment decisions.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan in January 2025 welcomed His Excellency Irakli Kobakhidze, Prime Minister of Georgia, who was on a working visit to the UAE. During their meeting at Qasr Al Shati, His Highness extended a warm welcome to the Georgian Prime Minister, wishing the country and its people continued progress and prosperity.
During the meeting, UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Irakli Kobakhidze, Prime Minister of Georgia, witnessed the signing of a memorandum of understanding for investment to establish development projects in Georgia. “The largest investment in the history of Georgia – the development company Emaar Properties/Eagle Hills will invest $6 billion in Georgia,” said the Georgian government in a statement.
His Excellency Mohamed Alabbar, chairman of the board of directors of Eagle Hills Abu Dhabi, His Excellency Levan Davitashvili, First Vice Prime Minister and Minister of Economy and Sustainable Development of Georgia, and His Excellency Tornike Rijvadze, the chairman of the Government of the Autonomous Republic of Adjara, signed the deal in the presence of several officials from both countries.
Today, we signed a memorandum that envisages an unprecedented investment in our country. This is an investment of $6 billion, which will be implemented in Georgia by a company with exceptional experience in the investment sector – the famous EMAAR Group. A multifunctional development project will be implemented, and multifunctional infrastructure will be developed, on the one hand, in Tbilisi, and on the other hand, in Batumi and Gonio. All this will significantly contribute to the development of our country’s economy, further accelerate the pace of economic growth, create new jobs, and all this will further attract other investors to our country,” said the Prime Minister.
Georgia's investment climate is thriving, with Foreign Direct Investment (FDI) inflows reaching an unprecedented USD 2.3 billion in 2022, the highest on record. This trend continued into 2023, with FDI totalling USD 1.9 billion. Preliminary data for the first half of 2024 shows FDI inflows 1.1% above the five-year average and 34% above 2019. The main sources of FDI include the United Kingdom, the Netherlands, Azerbaijan, and Türkiye.
In the tourism sector, Georgia has seen significant FDI activity, with three greenfield projects totalling USD 352.9 million. This represents an average investment of USD 117.6 million per project, positioning the country as the 4th highest average CAPEX per project among Central and Eastern Europe.