1st Edition

The Essential Guide to the Dubai Real Estate Market

By Michael Waters Copyright 2023
    314 Pages 35 B/W Illustrations
    by Routledge

    314 Pages 35 B/W Illustrations
    by Routledge

    This is the first book to fully present, analyse and interpret the Dubai real estate market. Dubai is fast becoming one of the world’s most attractive places to invest in real estate and this book examines the market from three interlinked sectors that drive its performance: occupiers, investors and developers. It examines the market’s historical growth and lays the foundations to examine future trends. The book provides a synopsis of Dubai’s market practices, economic trends and social change that impacts the value of real estate. Chapters also debate issues such as property investment, house price performance, local valuation practices, spatial planning, the economics of the city, market practices and regulation, property-led economic growth and future trends such as sustainability and digitalization. This book offers a comprehensive, in-depth and up-to-date account of the Dubai property market and presents a full assessment of the investment potential of Dubai real estate. It is a must read for students, academics and real estate professionals interested in this fascinating real estate market that has implications for both Dubai and wider GCC markets as well as the international investment market and senior professionals who come to work in the region.


    Part A: Contextualising the Dubai real estate market

    Chapter 1: How did Dubai become a leading global real estate market?

    Chapter 2: Property market activity

    Part B: Analysing the Dubai property markets

    Chapter 3: Residential

    Chapter 4: Building a global residential portfolio with Dubai real estate

    Chapter 5: Commercial

    Part C: Professional practices

    Chapter 6: Sale, purchase and leasing practices in Dubai

    Chapter 7: Managing a global commercial real estate portfolio in Dubai

    Chapter 8: Property data

    Chapter 9: Property valuation, methods and techniques

    Chapter 10: Real estate development processes in Dubai

    Part D: Future directions

    Chapter 11: Sustainability

    Chapter 12: The future of Dubai as a Smart City


    Michael Waters is Associate Professor in Real Estate at Heriot-Watt University in Dubai. He has been working in real estate academia for over 20 years and is a member of the Royal Institution of Chartered Surveyors. He is a prominent expert in real estate in Dubai and makes regular contributions to media publications.