Skip to Navigation | Skip to Content

Partners

Mazaya Real Estate Index (Al Mazaya Real Estate & SAHARA Group)

Mazaya Real Estate Index (<a id=Al Mazaya Real Estate & SAHARA Group)" />

Website: http://www.mazayaindex.com Tel:00971 4 3298996 Fax:00971 4 3298995 Address:Sheikh Zayed Road, Grosvenor House Commercial Tower, Office # 307 P.O. Box: 73310 Dubai ? UAE Contact:Mr. Fahad Al Deeb , Vice President Email:fahad@saharagcc.com

Profile:

The inspiring joint venture between Al Mazaya Real Estate Development Co. and SAHARA Group is a result of the continuous growth of the GCC Real Estate sector. During the last 20 years, the GCC realty market has gone through a revitalizing renaissance covering a wide range of property development.

The Real Estate market in the GCC has created a great deal of investor interest across the world into the region. The impact has been so great virtually all aspects of trade and business have been affected by the real estate boom. The latest research indicates that the contribution of the real estate sector to the GDP of the GCC countries, totaled $27.27 billion in 2004, some 5.8 percent of GDP. Correspondently, the market capitalization of listed real estate companies in the region at the beginning of 2006 totaled $74.89 billion, which is 6.7 percent of the total market capitalization in the GCC.

With the ongoing increase of real estate development activities, there is a strong need to develop an index to gauge the performance of the real estate market and help investors with decision making. An Index to measure property activities in the GCC, Mazaya Real Estate Index, "Pioneers of Our Time".

Mazaya Real Estate Development Co. & SAHARA Group has created the first regional real estate index- the Mazaya Real Estate Index. What differentiates this index from others is that it accurately measures the prices, buying and selling trends of all property classes' right across the GCC, covering Bahrain, Qatar, Oman, Saudi Arabia, Kuwait and the United Arab Emirates. The Mazaya Real Estate Index provides present and future investors with a repository of economic and statistical knowledge.