Hopes are high that a move in recent weeks to clarify regulations governing the sale and development of condominiums in Myanmar will boost demand for real estate in 2018.
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Articles & Analysis | Dubai property funds becoming popular real estate investment vehicles from The Report: Dubai 2018
Direct participation in Dubai’s large and very active commercial real estate market has long been a challenge for international investors operating in the emirate. Non-UAE nationals are allowed to own or hold property only within the confines of one of a growing number of free zones in the emirate, and then primarily only residential real...
Articles & Analysis | Dubai's rising off-plan sales suggest a rebound in residential real estate from The Report: Dubai 2018
At the beginning of 2017 Dubai’s residential real estate market appeared to be in the early stages of an upswing, in large part because of a surge in off-plan sales. While off-plan sales in the emirate increased by 45% quarter-on-quarter (q-o-q) in the first three months of the year, according to UK-based property firm Chestertons, momentum...
Articles & Analysis | Dubai becomes a leading regional force in construction activity, regulation and arbitration from The Report: Dubai 2018
In 2017 Dubai was on the cusp of what is widely expected to be a multi-year building boom. Driven most immediately by preparations for Expo 2020, the construction of new and improved infrastructure and major event spaces constitutes an important component of the construction pipeline for the foreseeable future. At the same time, Dubai’s...
Articles & Analysis | Dubai's real estate market poised for recovery from The Report: Dubai 2018
The trajectory of Dubai’s real estate market is expected to turn upward in 2018, after a period of slowing growth. In April 2017 global property consultancy firm Cluttons announced that the emirate’s property market would likely stabilise and potentially enter a new period of growth before the end of the year. Recent analyses by other property...
Interviews & Viewpoints | Hussain Sajwani, Chairman, DAMAC Properties: Interview from The Report: Dubai 2018
To what extent has the recent economic slowdown impacted demand for real estate in Dubai, and what trends do you expect to see developing as a result?