Research on the UAE Real Estate Market
The founders of Abu Dhabi Property have been in the UAE since 1978, and can offer a level of experience and knowledge of the market that is un-paralleled. We have a vast range of properties available direct from developers and the secondary market all researched as being great investments by our experienced sales team.
The following reports are some third-party views on the Dubai devlopment market.
Extract: "Demand for freehold housing has far outpaced the speed at which new residential properties are being delivered, a trend that has pushed up prices and whetted the appetite of developers. Development plans announced to date will double the number of residential units by 2010. Our estimates indicate that the number of units will double to 530,000 by 2010, with the bulk of deliveries coming in 2008."
The Colliers Residential Report
Extract: "Demands for housing units continue to grow, with an estimated 100,000 people moving to Dubai every year. When available space is modelled against population growth, it becomes clear that since the year 2000 a reported minimum of 6% of yearly demand for single-family units has been left unsatisfied, creating a market with high latent demand."
The Colliers Commercial Report
Extract: "Office rents have more than doubled in Dubai since 2002. Office space remains at a premium in the city, with near full occupancy across most primary and secondary grade supply. The paucity of available space of any classification ensures that rental rates continue to rise. Large numbers of office occupiers have been unable to either upgrade or source space for expansion. Tenant surveys now suggest that over 40% of occupiers are at least passively interested in finding new premises."
