Annual review and forecast of the UAE real estate market and GDP growth covering residential, commercial, retail and hospitality sectors. The market-led research provides a macroeconomic overview indicating the various levels of GDP growth in the UAE. In the short-to-medium term, the market conditions in the office sector are expected to remain challenging with rental rates continuing to fall. In the retail sector, operators and retailers are likely to face extreme pressure over the coming five years as a result of the level of incoming retail supply in Abu Dhabi and more so in Dubai. Residential prices and rents are likely to continue to soften in 2019, however we may see additional demand as a result of various governmental regulation changes.
To know more about the hospitality, office, residential, and retail sectors of the UAE, download the full report.
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