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Research

Report

Dubai Real Estate Market Overview - Q1 2010


This quarterly report presents our findings on the Dubai office, residential, retail and hotel real estate markets. The report provides data in respect supply, demand, performance and our outlook for each sector of the market. The major highlights are:-

  • Hotel market is closest to bottom of the cycle with growth in both occupancies and RevPAR in certain locations;

  • Office market is experiencing increasing vacancies and further downward pressure on rentals;

  • Retail market has seen the addition of the Mirdif City Centre, which is likely to be the last super regional project to complete for the next 2 to 3 years;

  • Residential market is experiencing additional supply and average prices are not expected to recover before 2011 at the earliest.

Please fill out the form to download the report.

pdf | 2025122