JLL's Salbak on the UAE's Property Market Volatility

The video discusses the real estate market trends in the UAE, focusing on the impact of COVID-19, supply and demand dynamics, and property type performance. It highlights the slowing down of price declines and the bifurcation in property types, with villas outperforming apartments. The video also explores real estate opportunities in Abu Dhabi, Saudi Arabia, and Egypt, emphasizing local demand and government initiatives.

What was the percentage increase in the volume of real estate transactions in the first half of 2021 compared to 2020?

• 50%

• 75%

• 25%

• 100%

How did the UAE's real estate market respond to the Delta variant?

• It saw a decline in tourist arrivals.

• It remained closed for business.

• It experienced an uptick in hotel performance rates.

• It faced a decrease in commercial inquiries.

What is the expected impact of the new residential units on Dubai's real estate market?

• No impact on the market

• Further decline in sale prices

• Stabilization of the market

• Increase in sale prices

Which type of property has outperformed the other in Dubai's real estate market?

• Office spaces

• Villas

• Apartments

• Commercial properties

What is the current stock of residential property in Dubai?

• 550,000 units

• 700,000 units

• 620,000 units

• 500,000 units

Which emirate has a more controlled level of supply in its real estate market?

• Ajman

• Sharjah

• Abu Dhabi

• Dubai

What drives the real estate market in Saudi Arabia and Egypt?

• International investors

• Tourist arrivals

• Local demand

• Government restrictions