Dubai has retained its position as the MENA region’s most transparent real estate market with a range of new government initiatives and an increasingly dynamic proptech industry pushing the Emirate up in the global rankings. Saudi Arabia, Abu Dhabi, and Egypt follow in that order.
The 2018 Global Real Estate Transparency Index covers 100 markets and is based on 186 indicators. These variables are divided into six areas –performance measurement, market fundamentals, governance of listed vehicles, regulatory & legal frameworks, transaction process and environmental sustainability. To view the rankings using our interactive tool, click here.
To find out more about the Global Real Estate Transparency Index methodology, please download the full report or if you would like to discuss your market’s performance in more detail, please contact me here.
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Author: Craig Plumb
Craig has over 20 years’ experience providing clients with quality advice on real estate market conditions in the UK, Asia Pacific and the Middle East. With a background in urban economics and spatial planning, he has particular expertise in the areas of property market research, development consultancy, transport related infrastructure projects and corporate real estate.
Since moving to the UAE in 2006, Craig has authored over 50 research reports on different aspects of the MENA real estate market. He has also provided market research and consulting services to major investor, developer and government clients and has appeared as an independent real estate expert before the Dubai International Arbitration Centre (DIAC).
Craig holds a Bachelor of Arts in Economics & Geography from Lancaster University and an M.Phil in Environmental Planning from Reading University (UK).