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United Arab Emirates: Selected Issues
Author:
International Monetary Fund. Middle East and Central Asia Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2014: Issue 188
Language:
English
Publication Date:
03 Jul 2014
DOI:
https://doi.org/10.5089/9781498393713.002
ISBN:
9781498393713
ISSN:
1934-7685
Pages:
52
Keywords:
ISCR; CR; government; Dubai; price; market; federal government; Emirati government; country authorities; investor law; emirate government; governments in the United Arab Emirates; government effectiveness; Real estate prices; Budget planning and preparation; Public investment spending; Expenditure efficiency; Global
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This Selected Issues paper focuses on the real estate market and Expo 2020 in the United Arab Emirates. It discusses the measures that could mitigate risks associated with the real estate cycle and the international experience with real estate booms and hosting large events such as World Expos, Olympic Games, and World Cup tournaments. The paper discusses the recent developments in the segments of the real estate market in Abu Dhabi and Dubai, focusing on changes in sales prices, rents, and supply in the market. It also takes stock of measures the authorities have introduced recently to reduce the potential for speculative pressure in the real estate market.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund