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The report predicted that the oil prices
– should they exceed the current
$49 level reached by Brent Crude
by end of September – will reflect
positively on different economic
sectors, increasing liquidity and
regaining
market
attractiveness.
Suchpositivepredictionsarecontingent
on an oil price increase scenario, the
report indicated. Before developing
long-term strategies, it is preferable
to ensure oil price stability, in order to
control investment risks on all sectors.
The report also recommends that
separate and selective assessments
of investment opportunities should
be conducted per market in terms of
liquidity,mortgage ratesand investment
opportunities to ensure success.
Mazaya Monthly Real Estate Report -
Week 2 - October 2016
The report noted that the UK economy
will continue to influence the world’s
financial and investment landscape at
least over the next two years by virtue
of a robust real estate market that is still
at its best, maintaining high potential
to help lure more foreign investors.
The Dubai realty market, according to
the report, boasts a potential investment
attraction tantamount to that of London,
due to its stability and luring environment.
This is despite the corrective trend that
is sometimes experienced by some
economic sectors, particularly the real
estate one, along with the fall in world
oil prices, which has not yet triggered
a fundamental long-term impact on the
realty market. Instead, a continuous real
estate activity is going on, bolstered by
a regular launch of real estate projects
by the government and private sector
to meet real demand on commercial
and
residential
units, particularly
the
mid-income bracket property
in both the UAE and Saudi Arabia.
Recent indications revealed that the
UK realty market – despite the recent
official decision to walk away from
the European Union before 2017
and the resultant fall in GBP – still
maintains a robust investment appeal.
This is explained by the unprecedented
investment edge enjoyed by the UK realty
market, with London still being the favorite
business destination for foreigners,
especially those from theGulf Region. This
investment excellence is attributed to so
many aspects of the investment climate,
including a secure and economically
and politically stable environment that
abounds in several future investment
opportunities, especially in light of
the current changes witnessed by UK.