Increasing Property Value
Bahrain Outlook
Although maintaining stability in pricing indexes may be challenging, transactions in Bahraini property are constantly increasing as the real estate market continues to gain traction, revealing a positive outlook. The strategies in the National Economic Recovery Plan combined with stricter regulations enforced by The Real Estate Regulatory Authority (RERA) create a more transparent market, enhancing people’s confidence while increasing the demand in sales and rentals as apartment prices for new buyers and investors in the region are low.
The Government of Bahrain intends to invest $30B for over 20 strategic projects across various sectors to enhance the economy, providing facilities for touristic, logistic, and residential infrastructures. These projects will be supported by a metro network extending over 100 kilometers, which will increase land development by 60%. Apart from a series of resorts for tourists in the south, developments include the construction of the largest international convention & exhibition center in the Middle East and a sports city. This exponential growth requires specialized professional services in market research, feasibility studies, investment analytics, and credit assessments for companies to gain a competitive advantage as conventional sales and marketing approaches will be insufficient.
UAE Outlook
The real estate industry continued its development throughout 2021 despite the impact of the pandemic, the lockdown, and the financial measures that challenged the entire Gulf Cooperation Council (GCC). Key drivers are the multiple infrastructure projects that revive the entire economy and create thriving opportunities in the real estate market. The UAE’s residential real estate sector is projected to grow at a CAGR of 12.36% by 2026. According to Statista, the UAE’s real estate operations will reach about $21.5 billion by 2024.
During Q1 of 2021, the Sharjah Real Estate Registration Directorate recorded approximately 40,000 transactions valued at more than AED 12 billion, a 40% increase compared to Q1 of 2020. At the same time, the freehold areas in GCC are stabilized while the house sale prices in Sharjah have increased by 2%.
2021 was considered a skyrocketing year for the UAE’s housing market, tackling last year’s challenges that reduced property deals by 8.8% and their transaction value by 27.5%. The property transactions increased by 173.5% in June 2021 compared to the same period in 2020, creating more than 6,000 units with a $4 billion value, which is the highest sales level since 2013. Meydan, Jumeirah Lakes Towers, and Dubai Marina are the most attractive destinations to buy an apartment, while the Green Community is an exclusive area for villas or townhouses since it holds 18.2% of the market.
In Q1 of 2021, the residential rental rates in the Northern Emirates declined by almost 2% while the sales prices, especially for villas, recorded a quarterly increase of 16% and an annual development rate of 23%. Meanwhile, the apartment sales prices grew by 6% in Q2 of 2021.
The dynamic growth of the real estate market establishes new experiences across the market, advising landlords to be more agile when offering discounts, incentives, and flexible payment terms. Adjusting to these new arrangements, more and more office-building owners strive to remodel their assets because of hybrid working models that lead to an annual decline of 16% in office rental rates. However, non-oil sector firms in Dubai may increase their demand for office space due to office projects.
The future looks even more prosperous for the regional real estate market due to multiple warehouse projects in the e-commerce and retail sectors that will boost the demand for stable buildings and distribution centers. Investments in cloud kitchens and R&D will motivate companies to leverage ideas on rentals, enhancing their market share and giving them a competitive advantage in the market.
Dubai and Abu Dhabi are the pioneer states in GCC’s real estate industry that showed the most spectacular annual growth in 2021. The residential prices in Dubai increased by 4.4% up until August 2021, demonstrating the highest development since February 2015 while it is projected to record approximately 83,000 units. On the other hand, Abu Dhabi’s residential market is expected to develop by 14,000.
Moreover, the prices of villas went up by almost 18%, offering luxurious alternatives for local or foreign investors while the secondary housing market occupies 62% of the region, more than 2,400 off-plan apartments and almost 4,000 ready-made flats had been built for $950 million and $3.1 billion until the summer of 2021.
According to the Property Monitor, the most expensive apartments in Dubai are located at City Walk and Palm Jumeirah, valued at 2,827,971 AED and 2,795,268 AED respectively while the Palm Jumeirah Fronds offer the most extravagant villas with a value that surpasses the 15,000,000 AED. This area, along with Dubai Investments Park Villas, Emirates Living Villas, and Dubai Silicon Oasis Villas reveals the greatest changes in villa sales prices between August and September 2021.
Regardless of the volatility in rental properties, Dubai demonstrated superior growth levels in apartment and villa rates with an increase of 3% and 10% respectively. Palm Jumeirah Apartments and City Walk indicate the highest valued residential rental prices with AED 152,026 and 150,459 respectively.
Increasing Property Value
Bahrain Outlook
Although maintaining stability in pricing indexes may be challenging, transactions in Bahraini property are constantly increasing as the real estate market continues to gain traction, revealing a positive outlook. The strategies in the National Economic Recovery Plan combined with stricter regulations enforced by The Real Estate Regulatory Authority (RERA) create a more transparent market, enhancing people’s confidence while increasing the demand in sales and rentals as apartment prices for new buyers and investors in the region are low.
The Government of Bahrain intends to invest $30B for over 20 strategic projects across various sectors to enhance the economy, providing facilities for touristic, logistic, and residential infrastructures. These projects will be supported by a metro network extending over 100 kilometers, which will increase land development by 60%. Apart from a series of resorts for tourists in the south, developments include the construction of the largest international convention & exhibition center in the Middle East and a sports city. This exponential growth requires specialized professional services in market research, feasibility studies, investment analytics, and credit assessments for companies to gain a competitive advantage as conventional sales and marketing approaches will be insufficient.
UAE Outlook
The real estate industry continued its development throughout 2021 despite the impact of the pandemic, the lockdown, and the financial measures that challenged the entire Gulf Cooperation Council (GCC). Key drivers are the multiple infrastructure projects that revive the entire economy and create thriving opportunities in the real estate market. The UAE’s residential real estate sector is projected to grow at a CAGR of 12.36% by 2026. According to Statista, the UAE’s real estate operations will reach about $21.5 billion by 2024.
During Q1 of 2021, the Sharjah Real Estate Registration Directorate recorded approximately 40,000 transactions valued at more than AED 12 billion, a 40% increase compared to Q1 of 2020. At the same time, the freehold areas in GCC are stabilized while the house sale prices in Sharjah have increased by 2%.
2021 was considered a skyrocketing year for the UAE’s housing market, tackling last year’s challenges that reduced property deals by 8.8% and their transaction value by 27.5%. The property transactions increased by 173.5% in June 2021 compared to the same period in 2020, creating more than 6,000 units with a $4 billion value, which is the highest sales level since 2013. Meydan, Jumeirah Lakes Towers, and Dubai Marina are the most attractive destinations to buy an apartment, while the Green Community is an exclusive area for villas or townhouses since it holds 18.2% of the market.
In Q1 of 2021, the residential rental rates in the Northern Emirates declined by almost 2% while the sales prices, especially for villas, recorded a quarterly increase of 16% and an annual development rate of 23%. Meanwhile, the apartment sales prices grew by 6% in Q2 of 2021.
The dynamic growth of the real estate market establishes new experiences across the market, advising landlords to be more agile when offering discounts, incentives, and flexible payment terms. Adjusting to these new arrangements, more and more office-building owners strive to remodel their assets because of hybrid working models that lead to an annual decline of 16% in office rental rates. However, non-oil sector firms in Dubai may increase their demand for office space due to office projects.
The future looks even more prosperous for the regional real estate market due to multiple warehouse projects in the e-commerce and retail sectors that will boost the demand for stable buildings and distribution centers. Investments in cloud kitchens and R&D will motivate companies to leverage ideas on rentals, enhancing their market share and giving them a competitive advantage in the market.
Dubai and Abu Dhabi are the pioneer states in GCC’s real estate industry that showed the most spectacular annual growth in 2021. The residential prices in Dubai increased by 4.4% up until August 2021, demonstrating the highest development since February 2015 while it is projected to record approximately 83,000 units. On the other hand, Abu Dhabi’s residential market is expected to develop by 14,000.
Moreover, the prices of villas went up by almost 18%, offering luxurious alternatives for local or foreign investors while the secondary housing market occupies 62% of the region, more than 2,400 off-plan apartments and almost 4,000 ready-made flats had been built for $950 million and $3.1 billion until the summer of 2021.
According to the Property Monitor, the most expensive apartments in Dubai are located at City Walk and Palm Jumeirah, valued at 2,827,971 AED and 2,795,268 AED respectively while the Palm Jumeirah Fronds offer the most extravagant villas with a value that surpasses the 15,000,000 AED. This area, along with Dubai Investments Park Villas, Emirates Living Villas, and Dubai Silicon Oasis Villas reveals the greatest changes in villa sales prices between August and September 2021.
Regardless of the volatility in rental properties, Dubai demonstrated superior growth levels in apartment and villa rates with an increase of 3% and 10% respectively. Palm Jumeirah Apartments and City Walk indicate the highest valued residential rental prices with AED 152,026 and 150,459 respectively.
Optimized Operations
Investment Strategy
At SR360, we design bespoke investment strategies to enhance your real estate assets through optimized operations that minimize costs and risks for sustainable growth. Our experts collaborate closely with you throughout the process to define your objectives and evaluate the most valuable assets to generate detailed insights that facilitate data-driven decision making. We advise you on all aspects, from cost optimization to digitalization, leveraging your competitive advantage to enhance your net worth and cost-efficiency. Working with transparency, we conduct profitability analyses and due diligence to manage your financial implications and lead your investments to prosperous real estate assets.
Our diversified strategic plans improve your portfolio’s flexibility through optimal investment opportunities that unleash your potential as per the latest trends. We use advanced tools and analytics to apply new investment approaches that streamline operations and maximize your return on investment. SR360 establishes thorough strategic analyses that initially identify deal-breakers or challenges and proceed with excellent solutions to deliver powerful investment models for business development. Our firm focuses on the demanding sectors of investment, offering you peace of mind regarding your revenues while focusing on your investment goals.
Optimized Operations
Investment Strategy
At SR360, we design bespoke investment strategies to enhance your real estate assets through optimized operations that minimize costs and risks for sustainable growth. Our experts collaborate closely with you throughout the process to define your objectives and evaluate the most valuable assets to generate detailed insights that facilitate data-driven decision making. We advise you on all aspects, from cost optimization to digitalization, leveraging your competitive advantage to enhance your net worth and cost-efficiency. Working with transparency, we conduct profitability analyses and due diligence to manage your financial implications and lead your investments to prosperous real estate assets.
Our diversified strategic plans improve your portfolio’s flexibility through optimal investment opportunities that unleash your potential as per the latest trends. We use advanced tools and analytics to apply new investment approaches that streamline operations and maximize your return on investment. SR360 establishes thorough strategic analyses that initially identify deal-breakers or challenges and proceed with excellent solutions to deliver powerful investment models for business development. Our firm focuses on the demanding sectors of investment, offering you peace of mind regarding your revenues while focusing on your investment goals.
Performance Improvement
Project Development & Management
SR360 manages your complex operations by applying state-of-the-art project management strategies and development solutions that improve your performance, minimize operational risks, and keep you ahead of the competition. We review your existing plans and define your objectives to establish sustainable project management schemes with technical audits that can surpass your expectations in time and budget. Feasibility studies, risk assessments, and needs analyses offer a flexible approach for sustainable development against unprecedented circumstances.
From schedule management and cost planning to closeout and handover, we monitor all resources to estimate the projected cash flow and eliminate risks in order to ensure complete control. Our experience and industrial know-how reduce inefficiencies and risks as we provide a holistic approach for support throughout the process. We leverage statistics to foresee the unexpected or harmful situations that could hinder your performance while negotiating with third parties, thus ensuring better budget allocation. Your dedicated project manager generates data-driven reports and statistic models to achieve excellent administration.
Our project managers use the latest technology to recommend bespoke strategies that facilitate well-informed decision making regarding your assets while monitoring performance and staying aligned with KPIs. SR360 uses cloud-based databases, which are accessible for our partners to review and monitor the progress of various tasks in each stage while evaluating the financial execution and making suggestions. Complying with the latest regulations, we apply the most effective encryption protocols to ensure data security without any information leakage.
Performance Improvement
Project Development & Management
SR360 manages your complex operations by applying state-of-the-art project management strategies and development solutions that improve your performance, minimize operational risks, and keep you ahead of the competition. We review your existing plans and define your objectives to establish sustainable project management schemes with technical audits that can surpass your expectations in time and budget. Feasibility studies, risk assessments, and needs analyses offer a flexible approach for sustainable development against unprecedented circumstances.
From schedule management and cost planning to closeout and handover, we monitor all resources to estimate the projected cash flow and eliminate risks in order to ensure complete control. Our experience and industrial know-how reduce inefficiencies and risks as we provide a holistic approach for support throughout the process. We leverage statistics to foresee the unexpected or harmful situations that could hinder your performance while negotiating with third parties, thus ensuring better budget allocation. Your dedicated project manager generates data-driven reports and statistic models to achieve excellent administration.
Our project managers use the latest technology to recommend bespoke strategies that facilitate well-informed decision making regarding your assets while monitoring performance and staying aligned with KPIs. SR360 uses cloud-based databases, which are accessible for our partners to review and monitor the progress of various tasks in each stage while evaluating the financial execution and making suggestions. Complying with the latest regulations, we apply the most effective encryption protocols to ensure data security without any information leakage.
Proactive Support
Risk Advisory
SR360 provides risk advisory services to capitalize on thriving development opportunities that enhance your performance and reduce threats associated with real estate. We support you throughout your operations with risk assessments and loss control services to prevent liability risks and ensure business continuity while using advanced tools to facilitate data-driven decision making. Leveraging databases, we generate detailed reports to measure efficiencies and recommend specific improvements according to your needs.
Our consultants conduct proactive strategies with insightful solutions to tackle your existing and potential risks in order to seize prosperous opportunities and protect your portfolio. Moreover, we perform real estate audit controls to streamline your internal operations and governance practices to stay compliant with regional and international regulations. Our reporting facilitates efficient risk management and contract compliance by checking key stakeholders and budget management to prevent unexpected challenges from obstructing your business expansion.
We apply state-of-the-art technology to ensure information security and IT risk management, increasing the protection against hacking and data breaches. We follow robust encryption protocols to deal with confidential information and update systems with the latest digital trends.
Proactive Support
Risk Advisory
SR360 provides risk advisory services to capitalize on thriving development opportunities that enhance your performance and reduce threats associated with real estate. We support you throughout your operations with risk assessments and loss control services to prevent liability risks and ensure business continuity while using advanced tools to facilitate data-driven decision making. Leveraging databases, we generate detailed reports to measure efficiencies and recommend specific improvements according to your needs.
Our consultants conduct proactive strategies with insightful solutions to tackle your existing and potential risks in order to seize prosperous opportunities and protect your portfolio. Moreover, we perform real estate audit controls to streamline your internal operations and governance practices to stay compliant with regional and international regulations. Our reporting facilitates efficient risk management and contract compliance by checking key stakeholders and budget management to prevent unexpected challenges from obstructing your business expansion.
We apply state-of-the-art technology to ensure information security and IT risk management, increasing the protection against hacking and data breaches. We follow robust encryption protocols to deal with confidential information and update systems with the latest digital trends.
Constructive Development
Real Estate Activities and Management
At SR360, we are dedicated to delivering exceptional results that are aligned with business objectives, offering bespoke real estate solutions regarding owned or leased properties while unlocking their maximum potential. Our experts analyze market trends and demand drivers, along with organizational strategies, to develop unique building projects for operations while reducing challenges, costs, and delays. They examine market, leasing, and purchasing conditions in real-time to respond effectively to the dynamic sector’s changes, leading to business success. Dealing with every aspect of real estate, from buying and selling to renting and operating owned or leased properties, like apartments, dwellings, non-residential buildings, and land, we provide outstanding experiences that incorporate permanent goals and priorities.
Our firm conducts comprehensive feasibility studies and infrastructure assessments to evaluate the land and divide real estate property into lots without any further improvements while addressing sustainable KPIs to facilitate the operational efficiency of residential mobile home sites. SR360 creates property-specific solutions and offers industry-leading insights plus forward-thinking advice to make well-informed decisions. Our strategic approach to providing properties ensures accuracy and sustainability since we distinguish valuable information to leverage prosperous assets.
SR360 provides state-of-the-art real estate management and appraisal services to increase property revenue and release its potential. We examine the annual budget to conduct detailed financial statements on contracts and fees, ensuring a stable cash flow that offers a competitive advantage. Our internal operations facilitate the efficient monitoring of expenditures and income to surpass business objectives, enabling enterprises to focus on their core tasks. Collaborating with accounting professionals, we design forward-thinking strategies aligned with business objectives in order to maximize ROI and coordinate contracts with third parties while eliminating challenges that impact your market share.
Along with management solutions, we also deliver real estate appraisal services during buying or selling to offer our unbiased perspectives that facilitate strategic decisions. Our professionals stay abreast of the latest market trends to generate valuable benchmark reports, valuations, and reviews that examine your position within the market and against your competitors. SR360 ensures accurate property valuations as we distinguish the demand for diverse assets while offering detailed assessments regarding property improvements that enhance revenues. We establish realistic and measurable objectives to protect real estate assets and gain exceptional returns.
Constructive Development
Real Estate Activities and Management
At SR360, we are dedicated to delivering exceptional results that are aligned with business objectives, offering bespoke real estate solutions regarding owned or leased properties while unlocking their maximum potential. Our experts analyze market trends and demand drivers, along with organizational strategies, to develop unique building projects for operations while reducing challenges, costs, and delays. They examine market, leasing, and purchasing conditions in real-time to respond effectively to the dynamic sector’s changes, leading to business success. Dealing with every aspect of real estate, from buying and selling to renting and operating owned or leased properties, like apartments, dwellings, non-residential buildings, and land, we provide outstanding experiences that incorporate permanent goals and priorities.
Our firm conducts comprehensive feasibility studies and infrastructure assessments to evaluate the land and divide real estate property into lots without any further improvements while addressing sustainable KPIs to facilitate the operational efficiency of residential mobile home sites. SR360 creates property-specific solutions and offers industry-leading insights plus forward-thinking advice to make well-informed decisions. Our strategic approach to providing properties ensures accuracy and sustainability since we distinguish valuable information to leverage prosperous assets.
SR360 provides state-of-the-art real estate management and appraisal services to increase property revenue and release its potential. We examine the annual budget to conduct detailed financial statements on contracts and fees, ensuring a stable cash flow that offers a competitive advantage. Our internal operations facilitate the efficient monitoring of expenditures and income to surpass business objectives, enabling enterprises to focus on their core tasks. Collaborating with accounting professionals, we design forward-thinking strategies aligned with business objectives in order to maximize ROI and coordinate contracts with third parties while eliminating challenges that impact your market share.
Along with management solutions, we also deliver real estate appraisal services during buying or selling to offer our unbiased perspectives that facilitate strategic decisions. Our professionals stay abreast of the latest market trends to generate valuable benchmark reports, valuations, and reviews that examine your position within the market and against your competitors. SR360 ensures accurate property valuations as we distinguish the demand for diverse assets while offering detailed assessments regarding property improvements that enhance revenues. We establish realistic and measurable objectives to protect real estate assets and gain exceptional returns.