The pace of economic growth in the UAE has slowed significantly in 2015, as the positive impact of lower oil prices on the global economy has been insufficient to offset the loss of revenue to both the government and the private sector. As a result, real GDP growth has fallen from 4.6% in 2014 to 2.7% for 2015, with a similar level of growth forecast for 2016.

The Dubai Office market has experienced
a healthy level of demand in Q3 of 2015,
following a slightly longer and sustained
drop in occupier sentiment over the
Ramadan period which, this year, found
its way rolling into the summer months.
Signs towards the latter end of Q3 suggest
that occupier demand for the remainder of
the year will remain strong.

With ...

Cluttons latest Bahrain 2015/16 Winter Property Market Outlook report indicates multinationals now account for approximately 25% of office space deals in the Kingdom, a welcome resumption in real estate activity in Bahrain.

In recent years, Dubai has further cemented its position as a regional hub.
The growth of logistics, tourism, financial & business services, as well as the
emirate’s image as a luxury lifestyle destination, have all been central to this – so
much so that others in the region are emulating some of the elements that make it a
success. But how does Dubai – and ...

The commercial property market across the UAE is showing signs of slowdown in growth as occupier sentiment turned negative in Q3 2015 for the first time since 2012.
This emerged from the RICS
Global Commercial Property Monitor for the third-quarter (Q3) of 2015. The survey tracks the sentiment of RICS members working in real estate in 29 global markets and is released quarterly as a guide ...

Cluttons has released The Property Report, United Arab Emirates 2015.
The annual report takes a detailed look at the residential and office markets in Abu Dhabi, Dubai and Sharjah providing an outlook on these markets set against the current domestic and global economic backdrop.
It includes an analysis of the lifting of sanctions on Iran and the impact of the low oil price environment on ...

The real estate market in Dubai continued to witness a slowdown in performance over the third quarter and is expected to continue its ‘soft-landing’ towards the end of the year. While residential rents maintained their stability, sale prices continued to decline in the face of lower transaction volumes, and are expected to continue their downturn before bottoming out in the next 12 ...

SUMMARY JLL offers a detailed analysis of the Dubai real estate market for the first quarter of 2015. The analysis focuses on residential, retail, office and hotel market.
(This article features excerpts from the full report – please download it here)