DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/a37af3/united_arab_emirat) has announced the addition of the "United Arab Emirates Real Estate Report Q4 2011" report to their offering.
"United Arab Emirates Real Estate Report Q4 2011" provides industry professionals and strategists, corporate analysts, real estate associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on United Arab Emirates's Real Estate industry.
Increasing tourism, strengthening investor confidence and the tentative shoots of lending in progress show that the UAE is getting to the end of its real estate industry crash. GDP growth may well be small in 2011, but it is positive.
However, the state remains plagued by huge amounts of unoccupied property. The UAE's commercial real estate sector remains under pressure from failing rents.
Key Opportunities in the Real Estate Market:
- Plenty of development projects are being restarted, including Dubailand, one of the most ambitious developments ever conceived. Following an evaluation, the plans are to relaunch the large leisure project backed by Dubai Properties Group by the end of 2011.
- Investor confidence has improved as they become more comfortable with the emirate's debt situation. The latest FPI investor attitudes report shows investor confidence in the UAE has risen 5 points to 18, according to the Arabian Gazette in July 2011. Dubai Holding, a struggling state-owned entity repaid a US$317.6mn bond and Dubai Aerospace refinanced debt and debt sales from the Dubai government and Emirates airline.
- Legislation is improving for property buyers and investors. Laws now protect investors' interest. According to Jones Lang Lasalle, the three-year residency visa for property owners is a new tenancy registration system Tawtheeq', where a buyer can register their property when purchasing, whether it is completed or purchased off plan and during the handover when they receive the title deeds. There is also a new law limiting overcrowding in residential properties.
Key Topics Covered:
- SWOT Analysis
- Real Estate Market Overview
- Real Estate Market Analysis
- Industry Forecast Scenario
- Business Environment
- Competitive Landscape
- Company Profiles
Companies Mentioned:
- Aldar Properties PJSC
- Al Habtoor Leighton Group
- Damac Properties
- Deyaar Development
- Dutco Balfour Beatty
- Emaar
- Mubadala Development
- Nakheel
- Sorouh
For more information visit http://www.researchandmarkets.com/research/a37af3/united_arab_emirat