Commercial Valuation

Showing posts for commercial valuation

29 April 2026

Refurbishment in Dubai’s Hotel Sector: A Strategic Response to Shifting Demand

Dubai is one of the world’s most visited cities, underpinned by its position as a global hub and the constant flow of international visitors. In 2025, the city welcomed more than 19 million tourists, highlighting the massive scale of demand across the hospitality sector.
20 April 2026

Managing Geopolitical Risk: A Strategic Imperative for Real Estate

The trajectory of key determinants of successful real estate development and investment, such as construction costs, rents, capitalisation rates and prices, can be substantially altered by geopolitical events, for example, elections, sanctions, wars, and resultant hydrocarbon price spikes. This is as true in the Gulf as anywhere: the Gulf is structurally exposed to geopolitical risk because of hydrocarbon-linked liquidity cycles, expatriate population dynamics and, as demonstrated so clearly by the present conflict, regional security architecture. The present conflict has exposed the degree to which Gulf real estate is entangled with regional security dynamics, making geopolitical risk management no longer optional but foundational.
15 April 2026

Oman Hospitality Market Performance 2025

Oman’s hospitality sector delivered a strong performance in 2025, supported by continued growth in tourism demand and improving connectivity. Airport traffic reached 14.9 million passengers, up 2.8% year-on-year, reflecting steady recovery momentum and enhanced route networks. This translated into solid hotel performance, with the 3–5-star segment welcoming approximately 2.4 million guests, a 10.8% increase compared to 2024, supported by both domestic and international segments, contributing to greater demand diversification.
13 April 2026

Dubai Retail and Warehouse Market Performance 2025

Dubai's retail and warehouse sectors demonstrated resilience and growth in 2025, supported by strong fundamentals including record tourism, population growth, and rising e-commerce activity. Both sectors, however, faced tightening supply conditions that shaped market dynamics throughout the year. The retail sector experienced robust growth in 2025, with sales transaction values rising 48.4% year-on-year to AED 4.6 billion, significantly outpacing the 7.6% increase in transaction volumes. Rental activity showed signs of supply constraint, with new leases declining 15.7% whilst renewals strengthened by 6.5%, as tenants prioritised retaining space in prime locations amid limited availability, pushing rental rates 7.1% higher year-on-year.
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 […]
23 February 2026

Dubai Office Market Performance 2025

Dubai's office market delivered exceptional performance in 2025, characterised by surging prices, record transaction volumes, and robust rental growth, all supported by strong economic fundamentals and persistent supply constraints. The Emirate's business ecosystem expanded significantly, with the Dubai Chamber of Commerce registering 71,830 new member companies, pushing total active membership to 292,486, a 13.2% increase year-on-year.
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.
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.

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