Project Management

Showing posts for project management

3 June 2025

Dubai Office Market Performance Q1 2025

Dubai’s office market maintained strong momentum in Q1 2025, driven by solid economic fundamentals and rising investor confidence. The Dubai International Chamber reported a 39.0% year-on-year increase in new foreign company registrations, including 11 multinational corporations and 42 SMEs. At the same time, the Dubai Chamber of Commerce supported the international expansion of 28 local firms. This dual dynamic further reinforced Dubai’s position as a global business hub.
27 May 2025

Dubai Residential Market Performance – Q1 2025

The UAE’s GDP is forecasted to grow by 4.7% in 2025, while Dubai is expected to see a 3.3% increase. This sustained economic expansion, supported by population growth and continued investor confidence, reinforces the UAE's and Dubai’s positions as competitive global hubs. In the real estate sector, Dubai’s residential market recorded over 42,000 sales transactions in Q1 2025, reflecting a 10.0% quarterly decline due to a slowdown in new project launches and seasonal factors. However, year-on-year performance remained strong, with transaction volumes rising by 23.1% and total sales value reaching AED 114.4 billion, a 29.6% increase. Apartment sales led the market, while demand for villas and townhouses also grew, reflecting end-users’ preference for larger living spaces.
19 May 2025

Oman Real Estate Market Performance 2024 and Future Outlook

Oman’s economy showed steady growth in 2024, with GDP rising by 1.0%, from OMR 40.7 billion in 2023 to OMR 41.1 billion. Non-oil sectors grew by 4.1%, reflecting significant progress in the country’s diversification efforts. Looking ahead, GDP is projected to reach OMR 42.6 billion in 2025, with a long-term target of OMR 80.2 billion by 2040, representing a compound annual growth rate (CAGR) of 4.3%. The Sultanate also aims for non-oil sectors to account for 90% of the economy by 2040, marking a shift toward a more sustainable and diversified economic model.
9 April 2025

Dubai Office Market Performance 2024

In 2024, Dubai reinforced its position as a global hub for trade and investment through strategic initiatives and progressive policies. The Emirate’s economy demonstrated strong growth, with GDP expanding by 3.1% in
2 April 2025

Dubai Metro Blue Line: Transforming Real Estate and Connectivity

The Dubai Metro has played a pivotal role in the city’s development since its launch in 2009. The addition of the Blue Line underscores the government’s commitment to seamless public transport solutions, aligning with the Dubai 2040 Urban Master Plan. With a goal to have 55% of residents within 800 metres of mass transit stations, the Blue Line will serve as a critical component of this vision, fostering sustainable growth and accessibility.
25 March 2025

Abu Dhabi Residential Market Performance 2024

Abu Dhabi’s economy has experienced solid growth, with a 3.9% GDP increase in the first nine months of 2024, largely driven by the non-oil sector, which now contributes more than half of the economy. With growth projected at 5.0-6.0% in 2025 and inflation remaining stable, the outlook remains optimistic, supporting confidence in the real estate market as well.
11 March 2025

Sheikh Zayed Road: Dubai’s Newest Freehold Area – What it Means for Investors

The recent decision by the Dubai Land Department (DLD) to allow private property owners of properties on Sheikh Zayed Road (from the Trade Centre Roundabout to the Water Canal) and Al Jaddaf area to convert their ownership status to freehold to all nationalities marks a pivotal shift in the city’s property landscape. This move is set to redefine investment dynamics […]
17 February 2025

Choosing the right survey: A guide to property inspections in Dubai

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 […]
8 January 2025

Dubai’s Residential Market Performance – Autumn 2024

Dubai’s Residential Market Performance Dubai’s residential real estate market continued to see a remarkable surge in activity throughout the first nine months of 2024. Both transaction volume and value have reached new highs, surpassing previous records. This unprecedented growth can be attributed to several factors, including increased investor confidence, economic stability, and a favourable regulatory environment. In this report, we […]
18 December 2024

Benchmarking Key Indicators for Saudi Giga-projects: Challenges, Methodologies and Solutions

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

Branded Residences: Four Key Considerations

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.
27 November 2024

Owners’ Associations in the Gulf – A Key to Value Creation

The need for Owners’ Associations The issue of multiple ownership in a single asset has been around for a long time. One of the most successful solutions has been share ownership in a company, which works well for manufacturing, service, and many other types of enterprise. Real estate has also seen a similar kind of solution: joint ownership, where a […]

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