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What are the challenges for real estate development in the Gulf States?

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Question added by Mohammed H. El Merhebi , Chief Business Development Officer , Dar afia Medical Company
Date Posted: 2013/07/28
Neil McCall
by Neil McCall , HQ Assets Team Leader , NICS Land & Property Services

1). Lack of develpment land

2). Lack of coherent & strategic planning policy

3). Lack of serviced infrastructure

4). Lack of appropriate finance

5). Ever increasing population

6). Lack of necessary skills

7). Privileged terms for govt backed companies

8). Affordability

9). Unemployment

Rodica Al-dallal
by Rodica Al-dallal , Retail Account Manager. , Platinum Hills VAT

The challenges are , more information you provide for your assignees and have the knowledge of today market, regarding properties, lands etc, more customers you have, and depends if you are a good Broker and work hard you can get a good commission.

Lack of accurate demographic data, unclear regulations, no specialized court, limitation of financial support, Limited local professional Architect

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