United Arab Emirates: Selected Issues

July 3, 2014

Summary

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.

Subject: Budget planning and preparation, Expenditure, Expenditure efficiency, Prices, Public financial management (PFM), Public investment spending, Real estate prices

Keywords: Budget planning and preparation, country authorities, CR, Dubai, emirate government, Emirati government, Expenditure efficiency, federal government, Global, government, government effectiveness, governments in the United Arab Emirates, investor law, ISCR, market, price, Public investment spending, Real estate prices

Pages:
52
Volume:
2014
DOI:
https://doi.org/10.5089/9781498393713.002
Issue:
188
Series:
Country Report No. 2014/188
Stock No:
1AREEA2014002
ISBN:
9781498393713
ISSN:
1934-7685

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