Dubai: Interconnectedness
Source: REIDIN , Author: Posted by BI-ME staff
Posted: Wed September 13, 2017 1:13 pm

UAE. An analysis of GDP growth rates of a basket of cities against the World GDP reveals that Dubai and Hong Kong's GDP growth rates have a high correlation with the World. Both cities are financial hubs and the centers of trade and commerce, making them heavily influenced by world markets. This correlation then trickles down into money flows and therefore financial assets.

In the equity markets, we can witness that UK and Hong Kong have the highest correlations, whereas Pakistan and USA have the lowest. Dubai's correlation appears to be in the middle, indicating that foreign equity movements are moderately influential to the domestic capital markets, as opposed to India, Hong Kong and the UK.

In the real estate markets, Dubai has similar correlation strengths to the world index to that of New York and London. This signifies that Dubai's status as a global property hot spot has rapidly increased.

In order to ascertain clues to the future of Dubai's real estate markets, it's critical for investors to look at the health of international markets; not merely from a perspective of money flows but also in terms of valuations.

We opine that Dubai is moving along this trajectory of market maturation, a process that is already being reflected in its price points.
To read the full report click here:

Click here to read this article complete with graphs on the REIDIN website

Photo Caption: For illustrative purposes only (File photo)

REIDIN is the leading real estate information company focusing on emerging markets. REIDIN offers intelligent and user-friendly online information solutions helping professionals access relevant data and information in a timely and cost effective basis.

For more information, pleased visit

About Unitas
Unitas believes in in-depth planning and discipline as a mechanism to identify and exploit market discrepancy and capitalize on diversified revenue streams. The purpose of Unitas is to manage, direct, and create wealth for our clients.

For more information, please visit



date:Posted: March 21, 2018
UAE. The need for coordinated action is particularly important in the Middle East and North Africa, where 47% of the population is under 25 years old, leading to increased demand for high-quality education.
date:Posted: March 20, 2018
UAE. 79% of regional CEOs confirm that consumer behaviour will be disruptive to their business over the next five years, compared to 68% globally; 81% are working to create transparency around their organisation's values, compared to 73% globally.
date:Posted: March 20, 2018
INTERNATIONAL. Public-sector employees embrace government use of AI at a higher rate than other citizens.