United Arab Emirates Real Estate Report - Q4 2014

Business Monitor International
September 10, 2014
75 Pages - SKU: BMI5325730
Countries covered: United Arab Emirates

United Arab Emirates Real Estate Report - Q4 2014

BMI View: Economic growth in the UAE will strengthen both property fundamentals and capital markets,resulting in a more favourable outlook for tenant retentions, rental growth, development activity, financingand asset values.

The UAE real estate sector is emerging as an outperformer within the Middle East and North Africa(MENA) region. Recent financial results by local property developers have overshadowed those by othersectors with companies recording an 82.4% growth in revenues during Q1 2014. This trend has beencontinuing in H2 2014 with a strong macroeconomic backdrop supporting high levels of consumer spendingas well as trade growth, which has filtered through into demand for retail and industrial space in particular.

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