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Week 3 - December 2015
Mazaya Monthly Real Estate Report
Increasing demand and enhancing available options
to invite more foreign investments through higher
cultural diversity in real estate projects
Cultural diversity of real estate projects
will increase demand and enhance
options
for
foreign
investments.
On account of the innovative steps
which are in place to safeguard the
UAE market from fluctuations and
volatility, the real estate sector was able
to effectively maintain its growth and
solidity during the current financial crisis.
This positive response also tested and
proved the wisdom behind the measures.
However, simply sailing through financial
crises and weathering the market
variations is not the ultimate aim; the
specific need is to install strategic
tools and plans so that the system is
able to withstand fluctuations and cater
to all contingencies and situations.
Towards that end, we will have to take a
leaf out of the success stories of markets
that are within our region or those
which are similar to the UAE market.
Planning and installing a suitable
mechanism that obviates or reduces the
impact of falling prices and other market
pressures as a result of decisions of
investment and buying should be taken up
immediately since the present situation
seemstobeconducivetosuchanexercise.
The report indicates the various
contributing factors that led to this
resilienceandresponsetoreduceddemand
and investment; they were a veritable mix
of decisions made by both government
agencies and the private sector.
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