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Real estate prices in the Arab world and the Gulf in particular are constantly on the rise. Do you expect this increase to continue?

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Question added by Ghada Sameer , Project Manager and media executive , CQA
Date Posted: 2014/07/22
Irfan Khan
by Irfan Khan , SR. PROGRAM MANAGER , Automotive Industry

This increase holds some intentions behind it. It happens in Canada also, but in future may not be the same case.

zafar abbas minhas
by zafar abbas minhas , Freelance Writer , DAILY MASHRAQ

NO I D,NT THINK SO..... ITS SUEDO MARKET RISE BY FEW INVESTORS & THEY WILL BETRAY THE SMALL INVESTORS LIKE THEY DID IN UAE IN,,, A VERY BAD DECLINE IN ESTATE THAT PEOPLE ARE STILL CRYING OF THOSE WOUNDS........

Muhammad  Sultan
by Muhammad Sultan , construction foreman , Alwasead Alaqarya

yes but now this is profitable but within just5 to20 years when the constructions will be finished of biggest projects after that the prices of land will be decreace suddenly very fast

Deleted user
by Deleted user

I strongly believe to have an increase in real estate prices, besides there was a down fall due to dubai's famous crisis a few years earlier. There a huge potential of construction projects in the gulf region and Saudi Arabia, especially big mall providing one-roof shopping facilities, residential buildings that obviously occupied by expatriates and due deteriorated economical ,worse business conditions and law and order situation in the third world countries, we have observed especially an upward trend in rents since last past years. The US and European tycons are also taking practical steps in construction industry by keeping in view the market potential, supply and demand.

NIZAR PUTTENKUNNU
by NIZAR PUTTENKUNNU , Group Finance Manager , Refa Gifts Markets LLC & Group of Companies

Yes for certain period only... but everything having some saturation..... with another financial crunches globally....

mahomed moola
by mahomed moola , MARKETING , TWENTY FOUR SEVEN

yes

 

nothing will ever come down and especially real estate in the arab world

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

While spectacular returns have been characteristic of the Dubai property market over the past decade, the shortage of property to rent or buy means prices have driven dramatically. As more projects near completion, and properties become available, the rate of return on properties will eventually level out and slow down. This makes way for opportunities for higher growth and lower entry prices within the emerging markets now triggering the other emirates.

Anjum Jamal
by Anjum Jamal , QA QC Engineer , Khatib & Alami

Yes. It will continue to increase in next few years due to groth of construction and tourism sectors. In Qatar due to FIFA World Cuo2022 and in Dubai due to EXpo2020, a lot of construction projects will be there and prices of real estate will continue to increase. Once this construction boom is finished, prices can be stable or even come down.

Mohammed Asim Nehal
by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants

Ya there r no other options to make safe investments.

Ahmad Hawa
by Ahmad Hawa , Consulting Director , NEWTECH .

Each economic sector have a stages start from launching , growth , maturity , decline is the last stage .But the economic cycle for each economic activity vary from one sector to another, the real estate is one from economic sectors Will pass with time these stages , we didn't forget the crisis of real estate in all the world , usa, uk, even uae . so if the prices increase this for short time maybe by reason of demand for real estate , or the people have more money they have desire to invest in real estate , or the demand more than supply . this my answer thanks.

IRPHAN GHANI
by IRPHAN GHANI , Senior Management , A

These are the dream projects of castle in the air which will bring their economy to a grinding halt. Much to learn from what Europe went thru recently and have'nt recovered yet.

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