Commercial Valuation
Showing posts for commercial valuation
19 February 2025
Kuwait is gradually opening its real estate market to foreign ownership. It has now updated its law to allow entities licensed by the Kuwait Direct Investment Promotion Authority (KDIPA), companies listed on the Kuwaiti stock exchange and licensed real estate funds and investment companies to own property in the country for their operations or for employee housing. While limited in […]
17 February 2025
In Dubai’s real estate market, making informed decisions is essential for both buyers and sellers. Whether you’re purchasing a luxurious villa, a commercial space, or even an off-plan property, property inspections and surveys play a pivotal role in ensuring that your investment is secure, and your transaction is transparent. In this article, we will dive into the critical importance of […]
9 January 2025
Dubai’s real estate market is essential to its global appeal, driven by innovative developments and forward-thinking urban planning. One critical component of real estate valuation in this market is the concept of highest and best use (HBU). This analytical approach is not only fundamental to appraisals but also a tool for unlocking the full potential of properties in a rapidly […]
2 January 2025
Dubai’s property sector thrives on ambition, innovation, and rapid growth. Amidst this dynamic environment, accurate and reliable property valuations are critical for informed decision-making by stakeholders. From multinational investors to local developers, stakeholders demand valuations that are objective, consistent, and transparent. This is where RICS (Royal Institution of Chartered Surveyors) valuations in Dubai stand out. With a global reputation built […]
26 December 2024
Dubai’s luxury hotel sector is synonymous with opulence, innovation, and world-class service, positioning the city as a global leader in the hospitality industry. Iconic landmarks such as the Burj Al Arab and Atlantis, The Palm, along with a host of newer entries like the Bulgari Resort and Nikki Beach Resort & Spa, exemplify how Dubai has redefined luxury. But what […]
18 December 2024
Saudi Arabia has embarked upon a massive development programme as part of its Vision 2030 plan. This programme includes 14 large-scale and ambitious developments, which it is calling ‘giga-projects’. The most well-known of these is NEOM, but other projects include ROSHN, the Red Sea Project and Jeddah Central.
9 December 2024
The significance of brands and branding for the consumer goods industry is beyond the slightest doubt. The combination of generational effects and online marketing has served to reinforce their importance during the last two decades. Nowhere is this more obvious than in the Gulf, where branded luxury goods, in particular, have formed a larger percentage of consumer spending than anywhere else.
4 December 2024
On occasions when there is no comparable evidence available or an asset is one that would not normally trade in the open market, valuers have to assess the market value of the land and then add it to the
11 November 2024
Quality of office real estate driving occupancy In the third quarter of 2024, strong demand and heightened leasing activity drove rents higher in Dubai’s office market. City-wide office rents increased by 21% compared to the previous year. Notably, average Grade A rents in DIFC experienced a 20% annual increase, reaching AED 317 per sqft per annum. In nearby Downtown Dubai, […]
