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This increase holds some intentions behind it. It happens in Canada also, but in future may not be the same case.
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........
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
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.
Yes for certain period only... but everything having some saturation..... with another financial crunches globally....
yes
nothing will ever come down and especially real estate in the arab world
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.
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.
Ya there r no other options to make safe investments.
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.
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.