Dubai Property Market

With high-demand for all types of property, from commercial, residential and retail, and under-supply, Dubai has experienced strong-capital growth, exceeding 15% per annum across the Emirate. This continued shortage and advancements in the transparency of the real-estate industry has made Dubai's property market secure for investors that are seeking high-yield returns.

• Annual capital appreciation of 15% - higher in New Dubai
• 99% office occupancy in 2007
• Continued shortage in supply of rental and residential accommodation
• Increased demand for housing with expanding workforce
• Freehold
• Strong growth driven by expansion of 'Freehold Title' for expatriates and formalisation of this in Law No 7 in 2006
• In 2007 real estate and related sectors accounted for 25% of the total GDP
• Increased regulation with the establishment of the Real Estate Regulatory Authority in July 2007
• Increased transparency in the real estate sector increasing security and ease of property transactions

Transparency in the Dubai Property Market

As real-estate markets become more global, the transparency of different markets becomes increasingly important consideration for investors, tenants and other real estate stakeholders for the measurement of the security and ease of business conduct and the purchase of property. Greater transparency equates to lower risks and more certainty, provides for more informed decisions and reduces associated costs.

Dubai has been at the forefront of the MENA region's reform processes. Dubai is the Middle East & North Africa's (MENA) most transparent market, scoring at the top end of the Semi Transparent Tier (Tier 3).

Characteristics of Transparent Markets

• Reduced risk and greater certainty
• Higher sales activity
• Higher foreign participation
• Lower volatility of market cycles
• Stronger corporate demand