residential

Showing posts for residential

21 April 2025

Affordable Housing in The Kingdom of Saudi Arabia: Are Developers Ready to Deliver?

The starting point to answer this question is to determine the overall demand for new build housing in the Kingdom of Saudi Arabia. The first factor to consider is population growth. The latest World Bank population estimate is from 2023: 33.2 million with annual growth of 3.3%
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.
10 March 2025

The Dubai Smart Rental Index – A Comprehensive Enhancement in Rental Regulation

How can tenants know whether they are getting a good deal or not? How can investors determine whether the rent currently being paid on an existing property (the ‘passing rent’) is above or below the market? And how can existing owners know on what basis they should invest in renovating their properties?
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 […]
2 January 2025

A Short Guide to RICS Valuations in Dubai’s Property Sector

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 […]
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 […]
24 October 2024

What are The Prospects for Saudi Tourism?

The evidence to date The need to diversify the Saudi economy away from oil has never been in doubt. Saudi Vision 2030 envisaged tourism playing a central role in that process. The plan originally set what was regarded as an ambitious target of 100m domestic and international tourists by 2030, but immediate success resulted in this being revised upwards to […]
6 September 2024

Luxury Hospitality in the GCC

8 ways high-end hotels are redefining guest experiences in 2024 The GCC has long been synonymous with luxury, opulence, and the hub of elevated tourism. As we advance through 2024, the luxury hospitality sector across the GCC is undergoing a remarkable transformation. Hotels and resorts in the region are adopting new trends that reflect the evolving expectations of global travellers, […]
6 August 2024

Value Through Infrastructure Development: The Case of Gulf ports

The rise of Gulf ports The history of seafaring throughout the Gulf is well known. The construction of the famous Arab dhow and the existence of extensive fisheries across the region in what are now the countries of the UAE, Oman and Saudi Arabia are part of a proud tradition that urban planners wish to capture. More recently, Gulf governments […]

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