Studies and reports

Dubai Land Department (DLD) announced that the real estate brokerage commissions reached AED 842 million in the first nine months of 2018. The brokers contributed to concluding 18,121 transactions in that period.

The UAE markets ended the last session of the month on a positive note as both Dubai and Abu Dhabi closed higher by 1.5% and 0.9%, respectively. However, in terms of monthly performance, both Dubai and Abu Dhabi were down with losses of 1.8% and 0.7%, respectively, which can be attributed to the sentiments seen in the global markets. For the day, Dubai continued the positive trend for second straight session on the back of gains in the real estate and insurance sector stocks.

Schneider Electric, the leader in digital transformation of energy management and automation, announced today that energy efficiency innovations are enabling the UAE’s USD 72 billion worth of energy investments during the recent Innovation Day Dubai.

Throughout 2018 we have constantly said that investors should be defensive on equities and avoid the semiconductor and automobile industries due to the escalating trade war between the US and China. Valuations – especially in US equities, which are half of the global equities index – have reached levels where the risk-reward ratio is too low. Meanwhile, the Federal Reserve continues to normalise the Fed funds rate, communicating that rates are far from neutral. As the most important discount rate is lifted, it changes the dynamics, making growth stocks vulnerable and maybe setting the stage for a comeback in value stocks.

Although performance across Abu Dhabi’s real estate market remained relatively subdued over the last quarter, the launch of the first phase of the ‘Tomorrow 2021’ initiative paves the way for a more positive investment environment in the longer term, according to JLL’s Q3 market report.