One segment of the real estate sector that has seen continuous growth in recent times, despite the ups and downs of global and local conditions, is facilities management (FM). Dubai is a pioneer in this field within the region, a role that has brought both benefits and costs. As customers grow more sophisticated in their needs, the FM market...
The real estate sector in Dubai is famed for the scale and scope of its ambitious projects, and it continues to play a major part in the emirate’s constant state of development. As a result, the emirate has become a global by-word for the grand and the iconic, continuously pushing the boundaries of architecture and planning, design and...
With significant new attractions due to open in 2016, Dubai is hoping to position itself as a global player in family leisure tourism in the years to come. PwC has estimated 18m people could visit the UAE’s new theme parks by 2021, drawing comparisons with Orlando in Florida. The leisure tourism segment could play a significant role in helping...
Global and local oversupply of many key building materials has helped keep construction costs relatively stable in recent years, with Dubai’s streamlined logistics infrastructure helping to ensure the emirate does not fall foul of some of the transportation bottlenecks experienced elsewhere in the Gulf. Ahmad Thani Al Matrooshi, managing...
Dubai’s ambition to become the Middle East’s paramount provider of medical tourism has taken some significant steps forward, with the emirate easily surpassing initial targets for numbers of patients treated and revenues two years after the initiative was first announced. However, there are also significant challenges ahead for private health...
Tighter budgets as a result of a protracted period of low oil and gas prices and global economic slowdowns, could well turn the mid- to low-range real estate market into a new haven for investors in Dubai, with many now looking for good-quality, affordable property. Indeed Dubai’s real estate market has been witnessing a shift away from the...
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