UAE Construction Market Intelligence – Q1 2024

by JLL - Despite ongoing local and global challenges such as persistent inflation, elevated interest rates, and geopolitical tensions, the UAE projects market remains positive. As of Q1 2024, it is estimated at $590 billion or a 15% share of the overall Middle East and North Africa total pipeline value of $3.9 trillion. Residential projects are projected to account for $125 billion (21%), while...

Dubai Residential Market in Minutes H1 – 2023

by Savills - 2023 is on track to be the busiest year for the residential sector in Dubai. A total of 57,700 units have been transacted across the city during the first half of the year, a growth of 12% compared to H2 2022 and 44% versus H1...

Property & Construction Handbook – 2023

by AECOM - As the global economy continues to face considerable headwinds amidst a year of positive market growth, the risk of a global recession lingers as geopolitics, energy and economic shocks are sustained. Inversely, the outlook for the MENA region, specifically the GCC remains strong as diversification plans continue at a rapid pace and oil prices remain robust. While the recovery for the...

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