Independent study into Dubai real estate due end-April

Report will look at residential, commercial, hospitality and retail property sectors.
Independent study into Dubai real estate due end-April
By Joanna Hartley
Mon 13 Apr 2009 03:45 PM

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.

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