MENA REAL ESTATE RESEARCH Exhibit 1: Rental trends at a glance: Dubai & Qatar Q1-12 Qatar Residential Rental Rates - Q1-12 (QAR/pm) Apartments-2 BR Villas (high end) West Bay Lagoon Pearl Qatar West Bay Lagoon CBRE 9,750-13,000 18,500-27,500 Asteco 9,750 13,000 18,500-26,500 Source: CBRE Qatar report, Q1-12
Dubai Office Rentals (AED/Sqm/pa) and Sales Prices (AED/Sqm) DIFC Prime CBD Prime City-wide Sales Prices Q1-12 2,370 1,615 1,300 9,600 Q4-11 2,370 1,615 1,400 9,700 Source: JLL Dubai report, Q1-12
Charts to note: Chart 1: Dubai Real Estate total supply – JLL 400 369
300
341
338
324
5.8
6.8
9 7.3
8 7
5.8
6
4.9
5 4
Mn Sqm
Units ('000)
350
10
381
3
250
2 1
200
0 2010
2011 Residential
2012E
2013E
2014E
Office (RHS)
Source: JLL Dubai report, Q1-12; Markaz analysis
Kuwait Financial Centre “Markaz”
2