Real estate
Church Construction and the Americans with Disabilities Act
Choosing a Lighting Design for Your Church
Steel Building Design
Future of Dubai Real Estate According to Fitch Rating
Creating a 3D Model for Your Church Design
The Perfect Working Environment
The Future of Steel Buildings in Commercial Construction
Steel Buildings: Get the Best Structures Erected at Affordable Rates
Planning to Build a Church? How to Get Started
The Value of Good Building Plans for Your Church: Developing a Master Plan
Church Architectural Plans: What to Expect in Good Drawings
7 Of The Duties Found For A Quantity Surveyor
Planning Your Building Project Budget: Tricky Costs
States Beginning to Release Updated Development Plans
Points To Consider In A Building Design For Commercial Purpose
Function Meets Design Using Iron Bollards As Architectural Elements
How a Contractor Can Help You Pick the Right Space for Your Next Office
Benefits of Historic Tax Credits
Getting What You Pay for When Hiring a Church Builder
Should All Warehouses Have Composite Lightweight Roofs?
Making Housing Affordable For Military Families
Building Capacity With Technical Assistance Grants
Adding Convenience Feature to the Buildings With Access Audit
Finding Creative Solutions to Redevelopment Challenges
  Subsidies Can Bring Dubai Construction Industry Back on Its Way!
Dubai properties sector is not enjoying the high time now-a-days as it was doing before 2008 but according to the latest news, it can pave back the recovery path soon. There are certain factors that are required to be resolved for the quick economic growth. But what are they? Certainly, the economic factors are not only responsible for slowing down the activities of real estate sector but are causing problems in other sectors as well. Construction sector is one such sector that is being directly and indirectly affected by the rough economy. When no one is willing to buy the already constructed properties, it is useless to spend money on further construction of new properties.

Construction companies and Dubai property developers demand long-term subsidies for the new property projects to kick start. The drooping construction industry needs an immediate support from government that will help and boost the industry throughout Dubai and UAE. Subsidies and discounts on municipality fees and electricity are the best forms of official support from the government. Dubai Government must facilitate developers and investors to subsidize them and give them tax exemptions.

Experts and developers also support this theory and expect subsidies for 8 to 10 years. Once the government will take this daring step, it can encourage more developers to come in action by showing them real guarantees, discounts, exemptions and subsidies. The cuts can be funded by lucrative oil and gas sector that are much supportive and can provide a back up for this industry.

Currently, rare developers are in position to start any new project or complete the construction of halted projects. Everyone is aware of economic crunch in the late 2008 that has turned the upside down of Dubai real estate sector by dropping the prices 60% below than the actual prices, put billion dollars of worth projects on hold and left construction industry groping for cash. All financial and back up resources were ended. Keeping in view the need of the time, stakeholders of Dubai real estate sector expect solid, long-lasting and effective steps from the government that can help them in bringing a good change in real estate and construction sector.

RERA has also issued a report in March regarding the financial viability of around 90,000 properties due to be delivered in the next five years. Almost 300 projects have been cancelled, suspended or put on hold due to developers' inability to carry forward the projects. Due to this situation, several contractors and developers have left the country and prefer to work on the construction projects in the neighboring countries, where government is ready to spend billions of dollars on their developmental projects. However, within UAE, Abu Dhabi real estate and Dubai rental market seems to be promising and encouraging for the developers to restart construction work in UAE.

However, the question is, can support from oil & gas sector and construction in Abu Dhabi real estate sector bring any positive effect in the overall economy? Let's leave the decision on contractors and developers, who want to bring Dubai real estate sector back to progress.

William King is the director of Dubai Properties, Dubai Rental and Dubai Real Estate. He has 18 years of experience in the marketing and trading industries and has been helping retailers and startups with their product sourcing, promotion, marketing and supply chain requirements.

Pretty In Plastic
Chief Minister Consistent on Development of Lahore's Infrastructure
Reroofing: Six Signs Your Commercial Building Needs a New Roof
Funding Rural Housing and Economic Development
Selecting and Purchasing a Site for Your New Church
Ways to Improve Project Management Efficiency
Qualified Action Plans
Fixing Our Public Housing
Will Everything Be Repaired?
Exploring The Cost of Affordable Housing
Extreme Green Rehabilitation
California's Redevelopment Agencies
Adjusting Geographic Apportionments
Projects in DHA Islamabad Expected to Help in Boosting Pakistan Properties
The Positive Effect of Project Scheduling Principle on the Environment
Specifications and Allowances Included in Your Church Design
Why You Should Consider Steel As a Building Material
Steel Buildings: Three Basic Types
Three Approaches to Constructing a Steel Building
The Cost-Effectiveness of Metal Buildings
Choosing the Right Hydraulic Jack for Construction Work
How Scaffolding Poles Assist in Construction Projects
Flexible Construction Platforms
A Guide to Construction Essentials: Gantry
Essential Scaffolding Equipment System
How Loading Dock Components Should Be Used
The Many Uses of Building Support Materials
Advantages of Platforms in Construction Sites
No New Construction Jobs Unless They Are Union?
How to Save Money and Time Maintaining Your Commercial Metal Roof System
Church Design Tidbits: Balconies and Landscaping
Gotthard Base Tunnel Sees Daylight
Panama Canal Expansion
Brazil World Cup and Olympics
Subsidies Can Bring Dubai Construction Industry Back on Its Way!
Abu Dhabi Rental Market Equates to Dubai High End Properties
Bollards Affordably Accent Landscapes While Doubling As Security Assets
DHA Lahore Is Involved in Various Breakthrough Projects
Why Properties in Major Cities of Pakistan Are Priced So High?
Expanding Upon the Opportunities That Are Available With Tradies Insurance
How Trade Insurance Can Be Adjusted To Specific Fields
Five Mistakes to Avoid When Picking New Floors for the Office
New Reality for Housing Agencies
What to Look For in a Commercial Construction Contractor
Getting the Best Floor Coating for Your Concrete Surfaces
New Jersey's Affordable Housing Council Abolished
Why The Increase in Construction Lending and What Are The Pros and Cons?
Part J BCA 2011: Summary of Changes
Report Shows Benefits of LIHTC
More Communities Reconsidering Affordable Housing Requirements
The Texas Bootstrap Loan Program
Some Affordable Housing Policies Are Working