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Will Dubai Investors Take Advantage of the Fall of UK’s Real Estate?

May 14, 2017 UAE Business 0

Investors in Dubai have a good interest investing in the UK. As the UK experiences depreciation following effecting Article 50, will Dubai investors look into investing in the UK as the GBP depreciates as a result of Brexit? Following the Brexit referendum last year, there has been a 16 per cent fall in the value of commercial real estate in the UK. Head of residential at JLL MENA mentioned that “In the Middle East, we find that Gulf-based investors and owner-occupiers have always had a tremendous affinity for the UK as a place to invest and to spend time. The capital largely flows into London from these potential investors, but there has been increasing interest in cities such as Birmingham and Manchester in the last couple of years.” Read more

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Top three real estate markets in the GCC countries

May 15, 2016 UAE Business 0

The Gulf Cooperation Council was established in Abu Dhabi on May 25, 1981, with the sole aim of strengthening each other and promoting progress in the Gulf region. GCC union comprises six countries, United Arab Emirates, Kuwait, Saudi Arabia, Qatar, Bahrain, and Oman. Since 1981, all these countries have worked in harmony, each banking on its unique attributes or natural resources. But some have progressed further than others when it comes to real estate. Here we look at the top three realty markets in the GCC and discuss what makes them stand apart from the rest. Read more

Skyline of Downtown Dubai with Burj Khalifa from a Helicopter. 27 May 2015. Author Tim Reckmann.

Investor’s Report 2016 from Espace Real Estate

April 15, 2016 UAE Business 0

Executive Summary. The world economy is in turmoil – oil prices are approaching record lows, the stock markets are tumbling. It seems like terminal bad news from an economic and investment point of view. But it needn’t be so. Investors need safe bets for their money in troubled times, and this report lays out the vibrancy of the economy in Dubai, notably the buoyancy of the property market. Despite a recent correction in prices, Espace Real Estate has noticed an increase in activity and completions since the turn of the year, a finding backed up by a number of industry experts. Read more