Dubai Property Market

The Dubai real estate sector’s strong fundamentals [huge Government driven infrastructural commitment and substantial achieved completeness] remain supportive of a sustained growth phase, having adjusted to a particularly aggressive free fall in average prices.

Post the international financial crisis, Dubai’s leaders remain committed to driving their 2015 macro strategy plan to success; The economy as a whole has already experienced positive recovery of significant magnitude 2009 highlights include; The world’s largest metro network opened 9/9/2009 The world’s tallest tower, Burj Khalifa – opened in 2010; Dubai Investor Confidence Index recent positive boost. DFM recovery led by Emaar Properties – 2009 growth 155% Opportunity to experience post recovery lag effect growth in real estate market Since their peak in September 2008, prices have fallen by an average of 47% Supply of new stock is expected to lag behind planned delivery, creating a natural cushion against further price falls Current indicators put the bottom of the pricing market as Q3 2009, with an overall price increase of 9% achieved in Q3/4 2009 Demand driver statistics (source Colliers International); Transactional increase - 64% Q3 2008/2009 Average price Increase - 7% Q2 to Q3 2009 Villa price increase - 9% Q to Q3 2009