Uae Real Estate Market Outlook To 2013

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The report titled “UAE Real Estate Market Outlook to 2013” discusses in details various aspects of the UAE’s real estate market with the focus on the prevalent competition amongst Dubai, Abu Dhabi and the areas of Northern Emirates. The report covers the comprehensive analysis on the market size of the real estate sector in UAE on the basis of supply and contribution of the real estate sector to the economy of the country, market segmentation, competitive landscape and company profiles of major developers operating in UAE. The report also entails the SWOT analysis of the real estate sector in UAE. The future projections and outlook provide an insight on the future growth drivers and challenges in the real estate sector of UAE. http://www.bharatbook.com/market-research-reports/infrastructure-market-research-report/uae-real-estate-market-outlook-to-2013.html

The real estate sector In UAE has registered a marginal recovery in the year 2010. The demand for real estate properties ...
... have increased, especially in the residential segment of the market in the affordable housing units on account of the reviving economy and increasing employment. In addition, the marginal fall in the prices or rental rates have once again led the buyers to enter in the market but with a cautious attitude. Market Research Reports

The real estate market in UAE has been significantly dominated by the Northern Emirates with a market share of ~% in 2010. This share has been contributed majorly by the real estate developments in the cities such as Sharjah, Ajman, Umm Al Quwain and Ras Al Khaimah (RAK).

The Dubai real estate market follows the Northern Emirates, with a share contribution of ~% in 2010 and with several real estate development projects in the pipeline. Moreover, an increasing demand for affordable housing units and the reviving economy has resulted in the marginal growth of the real estate market in Dubai.

Abu Dhabi, which contributed around ~% of the real estate market in UAE in 2010, suffered a setback due to the higher prices and rental rates as compared to other neighboring cities in the UAE.

In 2010, a strong demand for affordable residential properties from the low and the middle income segment of the population was recorded across Dubai. Although the market in 2010 has showcased signs of recovery but uncertainty still prevails on the investor’s side as people continue to be risk averse. The declining rental rates of apartments across Dubai have made the availability of properties at competitive rates, due to which landlords and owners are further declining their rates than the prevailing one in order to avoid the loss due to high vacancy rate. Although the prices of villas and apartments in 2010 fell by ~% and ~% respectively but the sales remain unaffected for these segment of the residential market. Demand majorly flowed for affordable flats in the Emirate which constituted around ~% of the transactions in 2010.

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UAE Real Estate Market Outlook to 2013

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