U.A.E. (Dubai)
Real Estate News

Global Retail Construction Rises, China and Mexico Lead the Way

Global Retail Construction Rises, China and Mexico Lead the Way

Developers completed more retail centers across the globe last year than in 2015, but momentum appeared to wane in many countries. Read More »


Dubai Hotel Sector Showing Signs of Early Recovery in 2017

Dubai Hotel Sector Showing Signs of Early Recovery in 2017

According to STR, the hotel industry in Dubai, recorded strong occupancy levels during the first quarter of 2017 despite continued and significant supply growth. Read More »

BREXIT Not a Barrier for Middle Eastern Property Investors in UK

BREXIT Not a Barrier for Middle Eastern Property Investors in UK

A government-led delegation of UK investors and developers are set to visit the Middle East to strike deals with investors as they continue to plough their wealth into the UK post-Brexit. Read More »

Dubai Residential Market Posts Worst Price Slide in 5 Years

Dubai Residential Market Posts Worst Price Slide in 5 Years

According to international real estate consultant Cluttons, values across Dubai's freehold residential areas slid by 8.8% in 2016, largely in line with Cluttons' original forecast for the year of -10%. Read More »


Click here to search for International Property Listings in U.A.E. (Dubai).

Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated April 28, 2017 8:30 AM ET

U.A.E. (Dubai) Property News

A slowing rate of decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of the market 'bottoming out' before the end of 2017, but the planned introduction of VAT on January 1, 2018 is already causing nervousness amongst existing commercial tenants.

According to CBRE's new released Global Investor Intentions Survey for 2017, stronger economic growth, the availability of debt capital, and a more positive outlook from investors is expected to drive global capital flows in 2017.

There is a change in ultra high net worth individuals (UHNWI) property investment patterns, driven by political uncertainty, cooling measures and barriers affect traditional markets.

According to the newly released Last Mile / City Logistics Report from CBRE, the rapid rise of e-commerce has driven the most disruptive movement to the industrial & logistics industry, transforming the way we think about industrial real estate.

According to international real estate consultant Cluttons, the global economic anxiety and growth slowdown across regional markets has played a significant role in the decreased demand for industrial real estate in Dubai.

The recent election of Donald Trump as the 45th president of the United States of America is set to cause further uncertainty for the Middle East's real estate market, at least in the short term.

Dubai's average residential property value is down 7.4% during the past twelve months, but rate of decline is expected to slow heading into 2017 before reaching a new base towards the end of next year.

UAE property portal Bayut.com is reporting this week that affordability remained the center of discussions at the recently concluded Cityscape Global real estate exhibition in Dubai.

The impact of the softening global economy continues to hamper the UAE's office market as redundancies in the oil and gas, finance and banking sectors have stifled demand for office space across the emirates.

According to international real estate consultant Cluttons, Gulf Cooperation Council (GCC-based) high net worth individuals are set to continue investing in global real estate for the remainder of the year.

According to international real estate consultancy Cluttons, market demand for office space in Dubai has receded in the past six months.

According to international real estate consultancy Cluttons, demand in Dubai's commercial market remained buoyant in the first six months of 2016.

According to STR, the first half of Ramadan 2016 indicates that Mecca, Saudi Arabia, was the only major hotel market in the Middle East to experience an increase in revenue per available room (RevPAR) during the first two weeks of the holiday.

For those invested in the London property market, the deterioration in the value of sterling overnight will have erased any gains in recent years

According to Cluttons, office rents in Dubai's prime free zones held firm during the first quarter of 2016, as occupancy levels remained high in core areas such as Dubai International Financial Centre, Dubai Media City and Dubai Knowledge Village.

Global real estate consultancy Cluttons has launched The Next Big Thing, an international competition which invites entrants from the UAE to outline a concept which will help to turn the world's 'slums' into legitimate, sanitary and productive communities.

According to analysts at the recent Dubai Property Show London 2016, British citizens have emerged as the second largest investors in Dubai real estate.

According to the latest Skyscraper Index from Knight Frank, office rents in London's skyscrapers are rising faster than those in any other global city.


Page
×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

Sign up now to receive the latest local & global real estate news in your inbox.

GO