Being the Gulf region`s most prominent exposition for the real-estate industry, Cityscape Global tends to provide some valuable insights into the property market`s pulse, overall health and direction; to this extent, the 16th. edition of Cityscape was no surprise.
In 2016 Dubai`s property market has seen a correction of rental prices in all sectors and segments, a tendency which seems to persist throughout 2017, primarily caused by increased new property delivery during a time of subdued demand on the back of macro-economic factors. In this article I will be going into some more detail highlighting the market dynamics at play and what to expect in the mid-term from an investor`s point of view.
Build-to-Suit denotes an investment strategy which is particularly appealing to institutional investors in Dubai today, primarily because it has – if well implemented and transacted – the potential to combine highly attractive rental returns on real estate assets while effectively confining the involved risks.
With Cityscape convention – the Middle East`s most influential real estate exhibition – now in full swing, I would like to take the opportunity to cover some considerations to be made by any investor considering to buy into off-plan real estate in Dubai.Seeing two years of price declines behind us and the „Expo 2020“ effect fuelling prospective demand, the present market situation indicates a good outlook for off-plan properties scheduled for completion before the year 2020.