Commercial Valuation

Showing posts for commercial valuation

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.
28 December 2025

Oman Hospitality Market Performance Q3 2025

Oman’s hospitality sector demonstrated robust performance in the first nine months of 2025, supported by strong domestic and international demand. Airport traffic reached 11.2 million passengers, while guest volumes in 3-5 star hotels rose to 1.7 million, representing a 9% increase compared with the same period last year. Occupancy levels strengthened further, reaching 52.8%, a notable 13.1% growth over 2024, signalling that the market is effectively absorbing demand even during shoulder months. Meanwhile, average room rates (ARR) remained broadly stable, indicating that hotels are focusing on maximising occupancy and optimising inventory utilisation rather than pursuing aggressive rate increases to drive revenue growth.
16 December 2025

Crisis as Catalyst: Innovation in the Shadow of Real Estate Cycles

Evidence for a hypothesis The idea that creativity flourishes in a crisis has some solid empirical support. The steam turbine, transformer, radio, and helicopters were all patented during Depressions and were turned into successful products during subsequent recovery periods. Various explanations of this phenomenon have been advanced, the most well-known of which has been Joseph Schumpeter’s theory of ‘creative destruction’, […]
5 December 2025

Dubai Office Market Performance Q3 2025

Dubai's office market delivered a strong performance in Q3 2025, supported by robust economic fundamentals and ongoing business formation activities. Dubai Chamber of Commerce welcomed approximately 53,000 new member companies in the first nine months of 2025, up 4% year-on-year, and attracted 261 foreign companies, a 65.2% increase over the same period in 2024. This surge in business activity fuelled heightened demand for office space, with sales transactions reaching approximately 1,200, up 39.9% year-on-year, and transaction values climbing to AED 3.1 billion, reflecting 87.6% annual growth. The off-plan segment was the primary driver, with volumes rising 463.8% year-on-year.
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 […]
30 October 2025

Dubai Hospitality Market Performance H1 2025

Dubai was officially recognised as the first Certified Autism Destination™ in the Eastern Hemisphere, demonstrating its commitment to accessible and inclusive tourism. The Emirate's safety credentials also received global recognition, with Dubai placing third and Abu Dhabi first in Numbeo's city-level safety index, reinforcing the UAE's position as one of the world's safest destinations.
17 October 2025

Dubai Retail and Warehouse Market Performance H1 2025

Executive Summary with Key Trends In the first half of 2025, Dubai’s retail market recorded around 500 sales transactions valued at approximately AED 1.4 billion. Overall transaction volume and value declined year-on-year by 17.3% and 1.8%, largely due to a slowdown in off-plan activity. In contrast, the ready retail segment performed strongly. On the rental side, overall contracts increased compared […]
1 October 2025

Oman Hospitality Market Performance H1 2025

The growth of Oman’s hospitality market rests on three key pillars. First, population growth: Oman’s population expanded by 4.5% in 2024, following 5% growth in 2023, and analysts expect this momentum to continue through the decade. Even without changes in spending patterns or additional boosts from tourism, such demographic growth alone ensures steady annual demand for new hotel keys. Second, economic expansion and rising domestic tourism. Overall domestic trips increased in line with population growth, from 12.9 million in 2023 to 13.6 million in 2024, but Omanis are also travelling differently. An 8% rise in reported hospitality days indicates they are taking longer trips and spending more per visit, reinforcing demand across the sector. Third, international tourism, where Government policy and investment can have the greatest impact. Gulf visitors still account for more than a quarter of arrivals, but Oman is increasingly attracting travellers from farther afield, including Europe, India, and China.
26 August 2025

Unlocking the Kingdom: Housing Markets and Foreign Ownership Rules

To date, certain countries have attracted the lion’s share of overseas investment into their residential markets: Australia, Canada, the United Kingdom, the UAE and the United States. These countries are all characterised by remarkably lenient regulations for foreign nationals wishing to buy real estate in their domestic markets. In the UK, for example, there are virtually no restrictions at all, neither geographic, nor residency, not sectoral, nor value. Controls exist only to confirm identity and to prevent money laundering.1 The USA, Australia and Canada are somewhat more restrictive – Canada even imposed a freeze on overseas purchases of residential real estate altogether in 2023.2
21 August 2025

Abu Dhabi Residential Market Performance H1 2025

Abu Dhabi’s economy demonstrated strong momentum in H1’2025, driven by robust non-oil trade, foreign investment, and high business confidence. Non-oil foreign trade rose 34.7% to AED 195.4 billion. Business sentiment remained positive, with Abu Dhabi Chamber membership exceeding 158,000 companies and foreign net investment on the Abu Dhabi Securities Exchange (ADX) nearly doubling to AED 13.6 billion. The aviation sector supported this growth, handling over 15.8 million passengers, aided by expanded international connectivity. Strategic infrastructure projects, ongoing diversification, and investor-friendly policies strengthened economic activity and attracted skilled talent, providing a solid foundation for the residential market.
14 August 2025

Dubai Office Market Performance H1 2025

Dubai’s investment landscape continued to flourish in the first half of 2025, reinforcing its status as the UAE’s leading economic hub. The Emirate attracted 526 greenfield foreign direct investment (FDI) projects, representing 86% of the national total and securing USD 3.03 billion in capital inflows. This growth was further supported by the Dubai International Financial Centre (DIFC), which recorded a 32% year-on-year increase in new business registrations, with 1,081 companies established. The Dubai office market also delivered an outstanding performance in H1’2025, reaching its highest sales activity in recent years. Approximately 1,900 transactions were completed, reflecting a 21.6% increase year-on-year. Meanwhile, the total value of office sales surged to AED 5.4 billion, marking an 83.9% rise compared to H1’2024.

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