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#1 DrBubb

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Posted 05 June 2016 - 12:29 AM

Dubai Property Index - & other price indicators

 

Dubai-Property-Index-v3_zpsuihwiwbl.gif

==

> http://blog.openshor...hich-is-better/

 

Comment from above link:

 

Property in Dubai

As well as good rental yields for low cost properties, the capital growth in Dubai has been very strong with property prices almost doubling in past 2 years. (See the chart below – which shows relative pricing since 2003 and forecast pricing in yellow until 2017. After big falls in 2008 and stability for past 4 years, Dubai prices rose rapidly in 2012 and 2013). This capital growth has been the main reason investors have been currently buying in Dubai. Some plan to sell their properties in about 1 to 2 years’ time, after benefiting from capital growth and then switch to a property in the UK!

 

Whilst Dubai is probably the most stable of the Middle East countries, many investors do not think that long term security is as good as the UK – thus they prefer the UK. The rapid growth over the past 2 years has also worried some investors that any bad news could result in Dubai prices falling again. Dubai property is now relatively expensive again. Our view is that there is unlikely to be another collapse in Dubai and property price growth will just slow down gradually but it is difficult to predict the future.

 

Dubai-Property-Index-v3-300x188.gif

 

So which country is best for investment property?

The right property in both countries can deliver good rental yields – higher than 8%. These tend to be the lower cost commodity properties that are have high rental demand.

However, prices in Dubai are now quite high and if you are looking for good value and maximum long-term security – then the UK is unbeatable. By investing in the right type of UK property you could achieve similar returns to Dubai with much lower long-term risk.

On the other hand, most analysts still feel that capital growth in Dubai over the next 3 to 5 years will exceed that in UK and for that reasons it may still be a good investment. If such forecasts are fulfilled, the prices in Dubai could double from the current levels in 5 years.

 

========

DUBAI Property
- in AED per SqFt
Qtr : Prime : Average/ vs.High- for Ave.
'13 : 1,369 : 1,111 :
Q2 : 1,276 : 1,072 :
Q3 : 1,390 : 1,132 :
Q4 : 1,544 : 1,246 :
'14 : 1,689 : 1,369 :
Q2 : 1,784 : 1,449 / 100.0% - 0.00%
Q3 : 1,718 : 1,372 /
Q4 : 1,738 : 1,329 /
'15 : 1,702 : 1,294 /
Q2 : 1,453 : 1,260 / 86.96% - 13.04%
Q3 : 1,381 : 1,168 /
Q4 : 1,482 : 1,165 /
'16 : 1,468 : 1,143 /
Q2 : 1,443 : 1,153 / 79.57% - 20.43%
Q3 : 1,380 : 1,172 /
Q4 : 1,417 : 1,137 /
'17 : 1,452 : 1,172 / 80.88% - 19.12%

 

Another "old" forecast

dubai-property-bubble-1.jpg

> source: http://www.marketora...ticle47433.html

 

=====

 

Dubai property agent : http://www.coralshoredubai.com/


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#2 DrBubb

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Posted 14 June 2016 - 04:39 AM

Dubai Rents plunge most since 2014 amid oil rout

 

RESIDENTIAL rents in Dubai, where the majority of the population is foreign, declined the most on a monthly basis since the property peak of two years ago, according to Phidar Advisory.

 

"Landlords are finding it more difficult to rent homes, especially larger and more expensive ones," according to Jesse Downs, managing director at Phidar, an advisory firm specializing in real estate.  This is mostly due to "recent job losses and a decline in the job-growth rate."

 

+ Signals further downwards pressure on rents and prices

+ Home rents fell 1.3% in May, the biggest drop since 2014; having fallen at a compound month rate of 0.3% since 2014

+ Shows the delayed impact of falling oil prices, causing companies to reduce their spending, and trim staff

+ Former employees who lost their jobs stayed in the area until the end of the school year

 

Research head at another company (Shuaa Capital) said "I'd be surprised if rents dropped by 10-15% between now and September."  Instead, he said he was expecting a drop of about 5%

 

Home rents and prices could start rising in the fourth quarter if there isnt a shape spike in the US dollar, or another drop in oil prices


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#3 DrBubb

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Posted 14 June 2016 - 04:51 AM

WTI Crude / last: $48.56

 

WTIC_zps8emejesp.png

 

Jun 13 3:19pm:

A surprising force has helped lift oil prices back to the $50 threshold: militants blowing up oil facilities in Nigeria. 

More

A surprising force has helped lift oil prices back to the $50 threshold: militants blowing up oil facilities in Nigeria.

The recent wave of sabotage on Nigeria's oil infrastructure has knocked nearly 1 million barrels of daily production off line, adding to the country's financial stress and dethroning it as Africa's biggest producer. Nigeria's oil production plunged to an average of 1.4 million barrels a day in May, its lowest monthly pace since the late 1980s, according to the U.S. Energy Information Administration.

 

The attacks, carried out by a militant group known as the Niger Delta Avengers, combined with wildfires in Canada to deliver a powerful one-two punch to world oil supplies. Now the huge surplus that sent crude crashing to $26 a barrel in February appears to be fading, with oil nearing a balance between supply and demand.

The EIA cited the flurry of global oil supply outages as the main driver behind oil's rise in May. Not only did these disruptions ease the supply glut, they've dashed fears of overflowing storage tanks.

Related: Nigeria was drunk on oil

 

What happens in Nigeria will play a big role in global oil prices going forward. The Niger Delta Avengers have destroyed oil wells and pipelines including ones owned by Chevron, which could take months or longer to repair. The militant group has refused to negotiate with the Nigerian government and even threatened to slash Nigeria's oil production to zero, though it's not clear it has the ability to do so.

"Output could stay low for years if there is no ceasefire," Thomas Pugh, commodities economist at Capital Economics, wrote in a note.

That's what happened when Libya went through a civil war in 2013 that destroyed much of the OPEC nation's oil capabilities. Three years later, Libya continues to suffer from daily outages of about about 1 million barrels, according to EIA estimates.

Nigeria had an energy crisis and gasoline shortage even before the recent spate of violence. Following decades of poor maintenance, mismanagement and corruption, Nigeria's four state-owned refineries are operating at just 5% capacity. That means frequent power outages and long lines at gas stations.

 

Now Nigeria is grappling with "widespread disruptions to key crude streams," that include Forcados, Bonny Light, Qua Iboe, Brass River and Escravos, according to Societe Generale. All outages except the ones at Qua Iboe, which was recently restored, have been due to attacks from the Niger Delta Avengers.


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#4 DrBubb

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Posted 20 April 2017 - 10:39 PM

Burj Khalifa apartments lose a quarter of their value in 12 months ...

(Fake News?? : Do they mean Sales Volumes are down 25%??)

 

Apr 2, 2017 - UAE Business A slowing rate of decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of ...

 

Prices for new apartments in Dubai's Burj Khalifa have dropped by about a quarter over the past 12 months, highlighting the weakening demand for luxury property, according to a new report by the property consultancy Cluttons.

 

The firm's Spring Property Market Outlook states that prices in Emaar Properties' flagship


"The rate of creation of senior-level executive positions has fallen, and this is reflected in the lower level of enquiries and budgets we are recording,
ONE YEAR AGO - this data was available
 
Chart-Dubai-Residential-Market-Report.jp
 
 
The chart for Q1-2017 does not show the supposed 4% gain - nor the supposed 25% drop
 

DUBAI Property
- in AED per SqFt
Qtr : Prime : Average/ vs.High- for Ave.
'13 : 1,369 : 1,111 :
Q2 : 1,276 : 1,072 :
Q3 : 1,390 : 1,132 :
Q4 : 1,544 : 1,246 :
'14 : 1,689 : 1,369 :
Q2 : 1,784 : 1,449 / 100.0% - 0.00%
Q3 : 1,718 : 1,372 /
Q4 : 1,738 : 1,329 /
'15 : 1,702 : 1,294 /
Q2 : 1,453 : 1,260 / 86.96% - 13.04%
Q3 : 1,381 : 1,168 /
Q4 : 1,482 : 1,165 /
'16 : 1,468 : 1,143 /
Q2 : 1,443 : 1,153 / 79.57% - 20.43%
Q3 : 1,380 : 1,172 /
Q4 : 1,417 : 1,137 /
17 : 1,452 : 1,172 / 80.88% - 19.12%

 


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix

#5 DrBubb

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Posted 05 May 2017 - 02:59 PM

Dubai property prices & rents to rise in 2017 - Knight Frank - Select ...
www.selectproperty.com/2017/02/dubai-property-prices-rents-rise-2017-knight-frank/

Feb 3, 2017 - Property prices and rental rates in Dubai could begin to rise again by mid-2017; Knight Frank has become the latest brokerage to declare a ..


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix




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