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UAE, US Wealth Driving UK's High-end Property Market in 2020

UAE, US Wealth Driving UK's High-end Property Market in 2020

The top countries of origin for high-end international home buyers coming into the UK property market -- during the 2020 Coronavirus outbreak -- include the UAE, United States and Australia. Read More »


Turkey Top Ranked Market in Latest Global House Price Index

Turkey Top Ranked Market in Latest Global House Price Index

According to Knight Frank's latest Global House Price Index for Q2, 2020, Turkey leads the annual rankings with prices up 25% year-on-year. Read More »

Global Commercial Property Investment Plummets 57 Percent in Q2

Global Commercial Property Investment Plummets 57 Percent in Q2

Much weaker commercial real estate investment volumes in the second quarter of 2020 reflect the impact of lockdown measures and border controls enacted to combat the COVID-19 crisis. Read More »

Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July

Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July

A number of global cities are seeing sales volumes continue to recover with April looking to be the low point for residential activity. Read More »


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Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated October 15, 2020 8:00 AM ET

U.A.E. (Dubai) Property News

Global property consultant JLL is reporting this week that worldwide commercial real estate investment volumes increased by 10% in the fourth quarter of 2019, to $245 billion. This brought full-year activity to $800 billion.

International property consultant CBRE is reporting this week that global commercial real estate investment volume in Q4 of 2019, including entity-level deals, was nearly level (-0.5%) with Q4 2018, while full-year volume fell by 2% from 2018.

With capital growth in most prime residential markets around the world shrinking in 2019, the global economic landscape looks markedly different from that a year ago.

According to new report from CBRE, global commercial real estate investment volume, including entity-level deals, rose by 7% quarter-over-quarter but fell by 2% year-over-year in Q3 2019.

Chinese property investment in the UAE has slowed in the third quarter of 2019. The growth rate tapered off in the third quarter and was down 15% compared to Q3 2018, but enquiry levels remain healthy.

Global real estate consultant JLL is reporting this week that after a bumpy 2018, investment in global commercial real estate cooled in the first half of 2019 with year-on-year volumes dropping by 9% to $341 billion.

According to new research from international property consultancy Knight Frank, unlike Tuscany's mainstream residential housing market, the prime luxury segment is on a firmer footing.

According to the Property Monitor's latest Dubai House Price Index, the average annual house price in Dubai decreased by 12% in March 2019, with some communities registering even higher price declines.

Over 1,737 villas and 6,194 apartments were transacted within the first quarter of 2019 in the overall residential market. Volume of transactions in the secondary market was AED 20.4 billion, compared to AED 18.5 billion in Q4 2018.

According to the latest Dubai House Price Index, the average annual home price in Dubai decreased by 10.6% in February 2019, with some communities registering even higher price declines.

According to Knight Frank's latest Global Outlook Report, Hong Kong will retain its title as the world's most expensive office market despite rents being forecast to decrease in 2019.

According to Knight Frank's London Report, London retained its title as the world's top destination for investment in commercial real estate in 2018.

According to International real estate consultant Savills' 30th annual Financing Property report, the UK property lending market is largely stable as a result of pressure on interest cover ratios (ICRs) and debt yields.

According to STR, hotels in the Middle East reported negative April 2018 performance results, while hotels in Africa posted growth across the three key performance metrics.

According to STR, hotels across the Middle East reported mixed Q1 2018 performance results, while hotels in Africa posted growth across the three key performance metrics.

Residential rents across Dubai registered no change during the first quarter of 2018, helping improve the annual rate of change to -3.1%, from -7.7% at the end of last year.

According to STR, hotels in the Middle East reported negative 2017 performance results, while hotels in Africa posted growth across the three key performance metrics.

According to the latest property report from Cluttons, as the UAE government pioneers fiscal adjustment in the region in response to declining oil prices, milestones such as Expo 2020 and the introduction of VAT will play a key role in boosting the country's property market.


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