Research Reports

UAE Real Estate Outlook H2 2022

July 21 , 2022

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Executive Summary

The UAE economy is expected to preserve the upward momentum on the back of rising oil prices, growth in the non-oil sector and the success of Dubai Expo 2020, that attracted roughly 24 million visitors in the six-month period from October 2021 to March 2022.UAE Central Bank of UAE is expected to raise interest rates in line with the U.S. Fed as inflation in the U.S. reached 8.6% y/y in May 2022. The U.S. Fed is expected to aggressively hike rates, by 100 bps until the end of this year, followed by further hikes in 2023 depending on the inflation trajectory. Higher interest rates are expected to affect consumer spending during the rest of 2022 and 2023.Introduction of special visa programmes to target skilled workforce is set to lead an influx of foreign human resource, helping boost the aggregate local demand.

FAQ

Who prepared this report?Experienced and qualified team of Marmore MENA Intelligence has prepared this report. Since its inception, Marmore has published over 1000 research reports and covered more than 25 varied industries and policy segments; all focused primarily on the GCC economies.How exhaustive is this report?The report spans 32 pagesDo you have updates?No. This is a one off report.Can I only download certain sections of the report?No. The report can be downloaded in full length onlyCan we ask questions?Yes, by all means. You can write your queries to us at enquiry@e-marmore.com

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