Confusion around Dubai's commercial property market

Thursday, 29 October 2015 14:28

There is confusion around Dubai’s commercial property market. That’s according to the latest report by the Royal Institution of Chartered Surveyors (RICS), which says despite the fall in oil prices, the UAE economy is not struggling as much as many other countries in the GCC. However, 36% of property professionals in the emirates believe the commercial property market is just beginning to decline. Other countries seeing the same situation include Singapore at 58%, Jakarata at 55% and Perth at 33%.

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News

Abu Dhabi identifies over 40 modern heritage sites
Abu Dhabi has listed more than 40 modern heritage sites that require immediate protection and preservation.
Distribution of aid from UAE's Saqr Humanitarian Ship begins in Gaza
Teams from the UAE's Operation Chivalrous Knight 3 have started distributing the first batch of aid from the UAE's Saqr Humanitarian Ship to northern Gaza.
Dubai to expand bus and taxi lanes as public transport ridership grows by 7.4%
Dubai’s Roads and Transport Authority (RTA) has announced plans to expand bus and taxi lanes as public transport ridership touched 802.1 million in 2025, marking a 7.4 per cent growth from 747.1 million riders in 2024.

Confusion around Dubai's commercial property market

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