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Discuss this article (22 Comments)Independent study into Dubai real estate due end-April
by This email address is being protected from spam bots, you need Javascript enabled to view it on Monday, 13 April 2009
IN-DEPTH STUDY: The analysis of the Dubai property sector will cover prices, supply, demand, government regulation and develop practice. (Getty Images)
An independent study into Dubai's real estate sector, which will examine property prices, availability, supply, demand, government regulation and developer practices, is to be published at the end of the month.
The 50-page study, due on April 29, has been commissioned by UAE-based real estate agency Better Homes, and carried out by real estate research consultancy firm Investment Boutique.
‘State of the Market 2009,’ will “answer many of the questions masses are asking in today’s economic downturn”, according to a statement released by Better Homes on Monday.
The reoprt will offer individuals, companies, government and developers a detailed market analysis of four real estate sectors; residential sales and lettings, commercial sales and leasing, hospitality and retail.
Each sector will be supported by data on trends and projected scenarios, and final chapter will provide an economic overview of real estate from a global perspective, the statement said.
“The report will aim to provide clarity to market observers during these turbulent times,” said Ryan Mahoney, managing director, Better Homes LLC.
READERS' COMMENTS
Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.
Independent Study
Posted by Arms Length? on Tuesday 5 May 2009 at 14:21 UAE time
it is also worth noting that Investment Boutique largely rely on a database provided to them by Shareholder BetterHomes for their market data.
The motivation for this report from BetterHomes' side is clear but what is not evident is why Investment Boutique would want to damage any reputation it has for being an 'impartial' party by taking part in such an excercise. Any one want to predict the findings?????
Posted by Arms Length? on Tuesday 5 May 2009 at 14:21 UAE time
it is also worth noting that Investment Boutique largely rely on a database provided to them by Shareholder BetterHomes for their market data.
The motivation for this report from BetterHomes' side is clear but what is not evident is why Investment Boutique would want to damage any reputation it has for being an 'impartial' party by taking part in such an excercise. Any one want to predict the findings?????
Paul's reply to Skeptic
Posted by Roman, Richmond Hill, Canada on Sunday 26 April 2009 at 04:09 UAE time
It is clear that Skeptic understands the basics of investing just fine; maybe even better than you. I can't imagine why anyone with a lick of sense would invest in such a, "shifting sands", environment, when there are so many other excellent opportunities out there; due to the global meltdown. I won't be putting any of my millions into ,"houses built on sand". Good Luck!!!
Posted by Roman, Richmond Hill, Canada on Sunday 26 April 2009 at 04:09 UAE time
It is clear that Skeptic understands the basics of investing just fine; maybe even better than you. I can't imagine why anyone with a lick of sense would invest in such a, "shifting sands", environment, when there are so many other excellent opportunities out there; due to the global meltdown. I won't be putting any of my millions into ,"houses built on sand". Good Luck!!!
Paul's Economic Theory
Posted by Off to greener pastures on Wednesday 15 April 2009 at 12:08 UAE time
Just to add my bit to the lively debate;
No Job = No Visa = No Demand. Not sure where the people are going to come from to drive your prices or rent up Paul?
Posted by Off to greener pastures on Wednesday 15 April 2009 at 12:08 UAE time
Just to add my bit to the lively debate;
No Job = No Visa = No Demand. Not sure where the people are going to come from to drive your prices or rent up Paul?
To Paul
Posted by Skeptic on Wednesday 15 April 2009 at 11:39 UAE time
Paul,
I AM an investor in Property and I do understand the property market, only it's not here in the UAE !!
Why ? - You said it right - RISK !! Higher the RISK, higher the GAIN potential BUT also higher is the LOSS potential.
I was also forced to lower my rental income due to the downturn but I gladly did it not only because I wanted to keep my tenant happy but because I knew I would probably not get a new tenant quickly - thus having months to go without rentals but still having to pay mortgage. That's how the property game is to be played - don't take your tenants for granted, treat them well, coz they are the ones actually paying for 'your' property at the end of the day !!!
Posted by Skeptic on Wednesday 15 April 2009 at 11:39 UAE time
Paul,
I AM an investor in Property and I do understand the property market, only it's not here in the UAE !!
Why ? - You said it right - RISK !! Higher the RISK, higher the GAIN potential BUT also higher is the LOSS potential.
I was also forced to lower my rental income due to the downturn but I gladly did it not only because I wanted to keep my tenant happy but because I knew I would probably not get a new tenant quickly - thus having months to go without rentals but still having to pay mortgage. That's how the property game is to be played - don't take your tenants for granted, treat them well, coz they are the ones actually paying for 'your' property at the end of the day !!!
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