{"id":37360,"date":"2016-12-08T00:32:30","date_gmt":"2016-12-07T17:32:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=37360"},"modified":"2016-12-07T21:46:11","modified_gmt":"2016-12-07T14:46:11","slug":"emaars-alabbar-says-dubai-property-market-to-see-rebalancing-next-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaars-alabbar-says-dubai-property-market-to-see-rebalancing-next-year\/","title":{"rendered":"Emaar's Alabbar says Dubai property market to see 'rebalancing' next year"},"content":{"rendered":"


\nDubai’s real estate market will see a “rebalancing” between supply and demand into next year, according to the head of the emirate’s largest developer.The company expects growth next year even amid the correction in the housing market, Emaar Properties chairman Mohamed Alabbar said Wednesday at the Bloomberg Markets Most Influential summit in Abu Dhabi. He’s targeting expansion in India and said that Egypt remains a good market for Emaar.Emaar is looking to grow overseas as falling oil prices, weaker currencies in Europe and Russia and an abundance of properties in Dubai hurts domestic demand. Property consultant Cluttons expects values to continue to decline into next year after dropping 7.4 per cent on an annual basis at the end of the third quarter.Mr Alabbar said the company is “tightening its belt” next year. “It’s good to be realistic and get ready for a challenging year while pushing hard,” he said.* Bloombergbusiness@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Emaar’s Alabbar says Dubai property market to see ‘rebalancing’ next year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dubai’s real estate market will see a “rebalancing” between supply and demand into next year,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-37360","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-9IA","jetpack-related-posts":[{"id":10000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/failures-make-for-better-leaders-says-emaar-properties-chairman-mohamed-alabbar\/","url_meta":{"origin":37360,"position":0},"title":"Failures make for better leaders, says Emaar Properties chairman Mohamed Alabbar","date":"April 5, 2016","format":false,"excerpt":"\r \r The man whose company built Burj Khalifa knows a thing or two about scaling great heights in the business world. Mohamed Alabbar, the chairman of Emaar Properties, shared his story when he gave a talk in Abu Dhabi in February at the invitation of the Salama Bint Hamdan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46869,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-chairman-hopes-for-better-year-after-tough-2016-for-dubai-developer\/","url_meta":{"origin":37360,"position":1},"title":"Emaar chairman hopes for better year after tough 2016 for Dubai developer","date":"March 6, 2017","format":false,"excerpt":"\r Mohamed Alabbar, chairman of Dubai's largest listed real estate developer, Emaar Properties, said on Monday he was hoping for a better year after a tough 2016.The Arabian Gulf construction sector has slowed since mid-2014 after the slump in global oil prices forced governments to rein in spending.\"We hope 2017\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-partners-with-dubai-south-for-new-development-near-al-maktoum-airport\/","url_meta":{"origin":37360,"position":2},"title":"Emaar partners with Dubai South for new development near Al Maktoum airport","date":"September 5, 2016","format":false,"excerpt":"\r Emaar Properties and Dubai South are partnering to build Emaar South, a new 7-square-kilometre development near Al Maktoum International Airport, which will be financed by a mix of equity, debt and pre-sales, officials said.Mohamed Alabbar, the chairman of Emaar Properties, and Khalifa Al Zaffin, the executive chairman of Dubai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106458,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-built-to-handle-quiet-days-in-dubai-property-market-says-alabbar\/","url_meta":{"origin":37360,"position":3},"title":"Emaar built to handle 'quiet days' in Dubai property market, says Alabbar","date":"April 22, 2019","format":false,"excerpt":"\r Cities like Dubai will not 'disappear' because of challenges, but companies should 'work harder, smarter', according to chairman Mohamed Alabbar\r \r Source : arabianbusiness.com\r Read more...Emaar built to handle 'quiet days' in Dubai property market, says Alabbar","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132930,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-property-still-a-cheap-deal-says-emaar-founder-alabbar\/","url_meta":{"origin":37360,"position":4},"title":"Dubai property \u201cstill a cheap deal,\u201d says Emaar founder Alabbar","date":"December 8, 2022","format":false,"excerpt":"\r Property mogul says emirate still has huge growth potential\r \r Source : arabianbusiness.com\r Read more...Dubai property \u201cstill a cheap deal,\u201d says Emaar founder Alabbar","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/12\/Mohamed-Alabbar-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":145295,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-founder-mohamed-alabbar-announces-plans-for-the-music-colour-and-fire-plaza-at-dubai-square-in-dubai-creek-harbour\/","url_meta":{"origin":37360,"position":5},"title":"Emaar founder Mohamed Alabbar announces plans for The Music, Colour, and Fire Plaza at Dubai Square in Dubai Creek Harbour","date":"May 28, 2024","format":false,"excerpt":"\r Emaar is currently in discussions with a prominent Chinese technology firm, renowned for their expertise in creating iconic multimedia installations, to work on the project\r \r Source : arabianbusiness.com\r Read more...Emaar founder Mohamed Alabbar announces plans for The Music, Colour, and Fire Plaza at Dubai Square in Dubai Creek\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/05\/Mohamed-Alabbar-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/37360"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=37360"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/37360\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=37360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=37360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=37360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}