Macro-Economic Overview

CBRE Research’s UAE Real Estate Market Review for Q3 2022 provides a macroeconomic snapshot of Dubai’s real estate landscape. The report forecasts a 7.1% growth in the UAE’s GDP for 2022, driven by a robust performance in both the hydrocarbon and non-hydrocarbon sectors. The UAE’s Purchasing Managers’ Index (PMI) reflects strong business activity, new orders, and employment levels. Despite these positive indicators, future output expectations remain uncertain.

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