Built Asset Consulting

Showing posts for built asset consulting

2 April 2026

Saudi Arabia Residential Market Performance 2025

Saudi Arabia's three major residential markets delivered divergent performances in 2025. Riyadh recorded approximately 56,600 transactions, down 31.4% year-on-year, as affordability constraints and elevated financing costs dampened buyer activity. Despite the decline in transaction volumes, average transaction prices reached SAR 1.7 million, the highest level in recent years, with apartment and villa prices appreciating 6.6% and 9.7%, respectively. The rental market remained strong throughout the year, ultimately prompting the Government to introduce a five-year rental freeze in late September 2025.
30 March 2026

The Iran Conflict and the Geopolitics of Safe Havens

The paradox of geopolitical shock in the Gulf It is a well-established fact that geopolitical crises affect real estate markets differently[1]. Short-lived crises, in particular, may have fleeting effects on equity markets,[2] and even subside before real estate markets, which operate on longer adjustment cycles and are measured in months rather than minutes, have time to respond. This was certainly […]
24 March 2026

Accounting for Tomorrow: Integrated Reporting by Gulf Developers

What has driven Gulf sustainability reporting? There is no doubt that both the quantity and quality of Environmental, Social and Governance (ESG) reporting in the Gulf has risen dramatically over the past decade. What has driven this change? The first and arguably the most important factor has been the explicit inclusion of ESG in national Government plans such as Saudi […]
17 March 2026

Dubai Hospitality Market Performance 2025

Dubai's tourism sector has grown steadily over the past few years, benefiting from world-class infrastructure, a safe and diversified environment, and a strong calendar of events and cultural festivals. The market continued to perform strongly in 2025, supported by strong air connectivity, rising international visitation, and resilient hotel performance. Passenger traffic at Dubai's airports reached 95.2 million up by 3.1% compared to 2024, with international visitors climbing to 19.6 million, reinforcing the city's position as a leading hub for both leisure and business travel. Demand growth remains broad-based, supported by a diversified mix of source markets and an expanding ecosystem of events and experiences, while premium hotel openings have further enhanced Dubai's appeal to high-value international travellers.
6 March 2026

Property Taxation: Shaping Economies and Supporting Real Estate Markets

When carefully designed, real estate taxation can be more than a tool for Governments to raise revenue; taxes can be used to influence real estate development and to achieve wider economic and social goals. At the same time, the owners of real estate work with tax lawyers, accountants and advisers to reduce their exposure to such taxes.   What is […]
20 February 2026

Learning From History: Gulf Property Market Cycles – Catalysts And Consequences

Everyone knows that housing and commercial property prices move in cycles. The pattern of a long-sustained build-up in asset prices followed by a sudden decline has been observed in Organisation for Economic Co-operation and Development (OECD) countries for decades. It is also known that real estate returns are generally more stable in the years between peaks and troughs. Not all cycles, however, are equally severe, nor are markets equally volatile. For example, comparing what has happened in Dubai since 2021 with UK average prices clearly indicates how much more volatile this Gulf market has been. And, of course, Dubai has seen much more impressive house price growth in recent years: when both markets are indexed to January 2008 = 100, UK prices stand at 158.3 while Dubai reaches 233.7.
16 February 2026

Dubai Residential Market Performance FY 2025

Dubai's residential real estate market concluded 2025 on a record-breaking note, with transaction volumes surpassing 200,000 and total values reaching AED 541.5 billion. Both off-plan and ready property segments outperformed 2024 levels, supported by robust investor appetite, strong end-user demand, and a steady stream of new project launches. Off-plan transactions accounted for 72.9% of total market activity, up from 69.3% in 2024, reflecting the market's increasing focus toward future developments. While this trend has driven growth, it has also created concentration risks, as the market has become heavily reliant on continued launch momentum and sustained buyer sentiment.
21 January 2026

Assessing the Role of Saudi Arabia’s Public Private Partnership (PPP) Programme in Real Estate

An immense commitment to Public Private Partnership (PPP) There is no doubt that Saudi Arabia is now home to one of the world’s largest and most successful Public Private Partnership (PPP) programmes. From early water and cogeneration projects (where gas-fired plants simultaneously produce electricity while capturing waste heat for industrial steam) launched in 2003, followed by electricity projects and the […]
12 January 2026

Dubai Retail and Warehouse Market Performance Q3 2025

Dubai’s retail and warehouse markets delivered a strong performance in Q3 2025, supported by resilient demand, constrained supply, and improving investor confidence. Retail sales activity accelerated sharply during the quarter, with transaction volumes rising quarter on quarter and total deal value surpassing the AED 1 billion mark for the first time in a single quarter, driven primarily by robust off-plan activity.
23 December 2025

Saudi Arabia Residential Market Performance Q3 2025

Saudi Arabia's economy continued to deliver robust performance in 2025, with real GDP expanding by 4.3% in the first nine months of the year, driven primarily by the non-oil sector, which grew by 5.1% year on year. Reflecting this strong momentum, the International Monetary Fund (IMF) revised its 2025 growth forecast for the Kingdom upward to 4%, with a similar expansion projected for 2026.
3 December 2025

Sand, Steel and Sentiment: Real Estate Cycles in the Gulf

Real estate cycles matter The story of Atlantic Yards in New York is both instructive and sobering. Billed as the largest real estate project ever for the city, its launch timing was excruciatingly poor. Announced in December 2003, the planning delays and the design phase dragged out over more than four years. By the time construction began in earnest, the […]
13 November 2025

Dubai Residential Market Performance Q3 2025

Dubai's residential market continued to grow in Q3 2025, supported by strong macroeconomic fundamentals, population growth, and sustained investor confidence. The residential sales market recorded approximately 55,300 transactions, up 17.1% year-on-year, driven predominantly by exceptional off-plan activity. Off-plan sales surged to a record 42,000 transactions, up 23.6% year-on-year and accounting for 76% of total market activity, despite a moderation in new project launches during the quarter. However, off-plan resales declined to 6.1% of off-plan activity, down from 9.7% a year earlier. In contrast, the ready property segment showed more subdued activity, with transaction volumes declining 5.4% quarter-on-quarter and rising only 0.6% year-on-year, potentially reflecting price sensitivity among buyers or a short-term market correction.

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