Latest news with #famProperties
Khaleej Times
6 days ago
- Business
- Khaleej Times
UAE's Etihad Rail to create new commercial hubs across the country
Etihad Rail isn't a train, but an economic rewire of the UAE which will create new commercial hubs around strategic stations in the country, say real industry executives. 'People are talking about passengers. I'm looking at logistics, B2B supply chains, and the decentralisation of corporate ecosystems. This will reduce travel time, resulting in increased meeting density and higher transaction volume. A salesperson based in Sharjah can close deals in Abu Dhabi and Dubai without losing 6 hours to traffic. That raises their output. Multiply that by the commercial class, and you start seeing a real GDP impact,' said Firas Al Msaddi, CEO of fäm Properties. 'When you increase the velocity of human capital, you don't just improve lifestyle, you accelerate commerce,' he added. Etihad Rail's 900 km network will extend across the UAE, from Ghuwaifat to Fujairah. The railway links the principal centres of trade, industry, manufacturing, production, logistics, population and all the major import and export points of the UAE. Etihad Rail is set to be one of the most transformative infrastructure projects in the UAE, directly impacting the commercial real estate sector. 'Etihad Rail isn't a train. It's an economic rewire of the UAE. It will redistribute demand, compress inefficiencies, and unlock new zones of living, commerce, and value creation. Those who still price real estate based on maps instead of travel-time analytics will lose money. Those who study station locations the way they used to study masterplans will build generational wealth. This is how the next wave of real estate winners will be made,' said the CEO of fäm Properties. Mark Castley, CEO of real estate, Huspy, sees new commercial hubs emerge around strategic stations of Etihad Rail, with developers increasingly looking at integrated rail-industrial ecosystems. 'The combination of commercial hubs, residential centres and rail connectivity is an indicator of the future-centric vision the leaders of the UAE have for the nation. For forward-looking investors, the window is now, before pricing fully reflects the long-term potential,' he said. Values rising Historically, improved transport infrastructure has driven steady capital appreciation, and Castley expects the same here, with certain areas poised for above-average growth as connectivity improves. Castley expects commercial property values near Etihad Rail stations to appreciate between 25 per cent and 30 per cent over the next 5 to 7 years, with the most significant gains concentrated in industrial and logistics-zoned assets within a 3 to 5 km radius of key freight terminals. 'Initial pricing trends already show early momentum in some logistics corridors, commercial plots have registered 10-15 per cent appreciation year-on-year following the announcement of station locations,' he said. Our commercial team is advising investors to identify these 'future hotspots' now, before the uplift is priced in. Over time, we expect sustained rental growth and higher occupancy rates, making these locations some of the most attractive for long-term capital appreciation in the UAE's commercial property market. It is expected that free zones with multimodal access such as Dubai Industrial City, Khalifa Industrial Zone (Kizad), and Fujairah's logistics belt, are likely to outperform, driven by rising demand from e-commerce, third-party logistics, and manufacturing firms optimising for rail-enabled supply chains 'In the lead-up to full operations, we also anticipate developers launching new master communities along the route, while owners of existing properties in these areas may see higher resale prices and rental yields,' he added.
Zawya
7 days ago
- Business
- Zawya
Etihad Rail to 'Open Up New Corridors for Living, Trade, and Investment Across the Emirates'
Dubai, United Arab Emirates: A UAE property expert says the benefits delivered by Etihad Rail will extend far beyond real estate, creating new corridors for living, trade, and investment across the Al Msaddi, CEO of fam Properties, believes the Etihad Rail network will transform the UAE's economic landscape by boosting connectivity, reducing travel times, and driving genuine demand in emerging markets. Firas Al Msaddi, CEO of fam Properties, believes the Etihad Rail network will transform the UAE's economic landscape 'When we saw Sheikh Mohammed riding the Etihad Rail from Dubai to Fujairah, that wasn't just a symbolic moment - that was the announcement of a new real estate era in the UAE,' said Al Msaddi. 'It represented a once-in-a-generation infrastructure shift that will redefine how value is created, captured, and capitalized across the Emirates." 'We're not just talking about transportation. We're talking about speed, interconnectivity, and productivity, and how all of that compresses space and time. And when you compress space and time, you reduce opportunity cost. That's where the real value is unlocked." 'Etihad Rail isn't just a train, it's a full-scale economic reset for the UAE. It will shift demand patterns, eliminate bottlenecks, and open up new corridors for living, trade, and investment.' Added Msaddi, 'Each emirate has always had something unique to offer. But until now, the opportunity cost of movement, whether for people, goods, or capital, has been too high." 'Etihad Rail changes that. When you cut travel time from 2 hours to 50 minutes between cities, you don't just save time, you reshape where people choose to live, work, and invest." 'What used to be too far is suddenly next door. Fujairah is no longer the end of the UAE, it's the Eastern gateway. Al Ain becomes a realistic base for remote professionals who can now be in the capital or the coast in under an hour. This creates a complete re-pricing of land value, not based on geography, but based on accessibility.' Al Msaddi cites the example of Japan's bullet train between Tokyo and Osaka, which transformed cities like Nagoya in just five years. 'Commercial land values rose over 40%, and housing demand surged more than 60%,' he said. 'It wasn't about the train itself, but the economic flow unlocked by faster travel." 'The UAE is applying that same model, but with one major advantage: it's building the world's most advanced, tech-enabled rail system from the ground up, with no legacy constraints.' Pointing to the impact on logistics, B2B supply chains, and the decentralisation of corporate ecosystems, Al Msaddi says the equation most investors overlook is that faster travel means more meetings and more transactions. 'A salesperson based in Sharjah can now close deals in Abu Dhabi and Dubai without losing six hours to traffic,' he says. 'That boosts output. Multiply that across the commercial class, and you start seeing real GDP impact.' Al Msaddi says Etihad Rail's impact will see land prices rise in tier-2 cities like Fujairah, Al Dhaid, and Ruwais, because better connectivity will drive real demand. 'Transit-oriented hubs will rise near stations like Sharjah's University City and Sakamkam in Fujairah, with walkable, mixed-use clusters,' he says. 'Second-home markets will shift too. For families in Dubai, weekend beach units in Fujairah become practical when they're under an hour away." 'Those who still price real estate based on maps instead of travel-time analytics will lose money. Those who study station locations the way they used to study masterplans will build generational wealth.'
Zawya
08-08-2025
- Business
- Zawya
Etihad Rail to ‘open up new corridors for living, trade, and investment across the Emirates'
Dubai, UAE: A UAE property expert says the benefits delivered by Etihad Rail will extend far beyond real estate, creating new corridors for living, trade, and investment across the Emirates. Firas Al Msaddi, CEO of fäm Properties, believes the Etihad Rail network will transform the UAE's economic landscape by boosting connectivity, reducing travel times, and driving genuine demand in emerging markets. 'When we saw Sheikh Mohammed riding the Etihad Rail from Dubai to Fujairah, that wasn't just a symbolic moment - that was the announcement of a new real estate era in the UAE,' said Al Msaddi. 'It represented a once-in-a-generation infrastructure shift that will redefine how value is created, captured, and capitalized across the Emirates. 'We're not just talking about transportation. We're talking about speed, interconnectivity, and productivity, and how all of that compresses space and time. And when you compress space and time, you reduce opportunity cost. That's where the real value is unlocked. 'Etihad Rail isn't just a train, it's a full-scale economic reset for the UAE. It will shift demand patterns, eliminate bottlenecks, and open up new corridors for living, trade, and investment.' Added Msaddi: 'Each emirate has always had something unique to offer. But until now, the opportunity cost of movement, whether for people, goods, or capital, has been too high. 'Etihad Rail changes that. When you cut travel time from 2 hours to 50 minutes between cities, you don't just save time, you reshape where people choose to live, work, and invest. 'What used to be too far is suddenly next door. Fujairah is no longer the end of the UAE, it's the Eastern gateway. Al Ain becomes a realistic base for remote professionals who can now be in the capital or the coast in under an hour. This creates a complete re-pricing of land value, not based on geography, but based on accessibility.' Al Msaddi cites the example of Japan's bullet train between Tokyo and Osaka, which transformed cities like Nagoya in just five years. 'Commercial land values rose over 40%, and housing demand surged more than 60%,' he said. 'It wasn't about the train itself, but the economic flow unlocked by faster travel. 'The UAE is applying that same model, but with one major advantage: it's building the world's most advanced, tech-enabled rail system from the ground up, with no legacy constraints.' Pointing to the impact on logistics, B2B supply chains, and the decentralisation of corporate ecosystems, Al Msaddi says the equation most investors overlook is that faster travel means more meetings and more transactions. 'A salesperson based in Sharjah can now close deals in Abu Dhabi and Dubai without losing six hours to traffic,' he says. 'That boosts output. Multiply that across the commercial class, and you start seeing real GDP impact.' Al Msaddi says Etihad Rail's impact will see land prices rise in tier-2 cities like Fujairah, Al Dhaid, and Ruwais, because better connectivity will drive real demand. 'Transit-oriented hubs will rise near stations like Sharjah's University City and Sakamkam in Fujairah, with walkable, mixed-use clusters,' he says. 'Second-home markets will shift too. For families in Dubai, weekend beach units in Fujairah become practical when they're under an hour away. 'Those who still price real estate based on maps instead of travel-time analytics will lose money. Those who study station locations the way they used to study masterplans will build generational wealth.'
Zawya
03-07-2025
- Business
- Zawya
Dubai property sales in H1 soars to record $89bln, says report
Dubai real estate market is on its record-breaking path, with the first half reaching new highs of 98,603 property sales worth AED327 billion ($89 billion), according to a UAE-based real estate brokerage. The H1 sales value rose 40% year-on-year, driven by the strongest-ever quarterly performance of 53,118 transactions worth AED 184 billion in Q2, stated fäm Properties in a market update issued today (July 2). The Q2 sales value was 25% higher than the previous peak of AED147.2 billion set in Q4 2024, while transaction volume rose 5.39% above the earlier high of 50,400 deals recorded in Q3 last year. Data from DXBinteract shows Q2 increases in all real estate sectors, led by plot sales worth AED32.2 billion from 1,384 transactions, a 49% leap in volume on Q2 last year and a 27.1% rise on Q1 2025. A total of 10,019 villa sales worth AED 66.5 billion was 38.3% up in volume on the same period last year, while apartment sales worth AED81.6 billion climbed 18.7% in volume over Q2 last year and 22.7% on the previous quarter. Commercial sales worth AED3.6 billion also rose 12.5% in volume to 1,252 transactions compared with the same period in 2024, said fäm Properties in its update. Rising property values in recent years were highlighted by a median price of AED 1,607 per sq ft, compared with the Q2 rates of AED 958 in 2021, AED 1,151 in 2022, AED 1,339 in 2023 and AED 1,514 last year, it stated. "These numbers once again highlight the consistent strength and resilience of Dubai's real estate market," said its CEO Firas Al Msaddi. "Dubai's steady growth over the years is reinforcing its place as a top choice for property investment, attracting more global interest while local and regional demand remains solid," he added. Dubai's Q2 property sales over the last five years have now risen to the current level from AED 10.8 billion (5,400 transactions) in 2020 to AED 36.6 billion (15,400) in 2021, AED 58.2 billion (22,100) in 2022, AED 90.5 billion (31,100) in 2023 and AED 123.9 billion (43,400) last year. According to fäm Properties, the top performing area in terms of overall value was Me'Aisem Second, with total sales amounting to AED14.94 billion for 844 transactions. The most expensive individual property sold in Q2 was a luxury villa on Palm Jumeirah which fetched AED365 million, it stated. The most expensive apartment sold during the quarter went for AED 170 million at Peninsula Dubai Residences, Tower 1, it added. With properties worth AED1-2 million accounting for 32% of sales (16,967), 26% (13,687) were below AED1 million, 17% (9,163) between AED2-3 million, 13% (6,804) between AED3-5 million, and 12% (6,496) more than AED5 million. Overall, first sales from developers significantly outnumbered re-sales in the secondary market - 66% over 34% both in terms of volume and value.
Khaleej Times
02-07-2025
- Business
- Khaleej Times
Dubai real estate sets new half year record as sales climb to Dh326.7 billion
The Dubai real estate market has continued on its record-breaking path, with the first half of 2025 reaching new highs of 98,603 property sales worth Dh326.7 billion. The Q2 sales value was 25 per cent higher than the previous peak of Dh147.2 billion set in Q4 2024, while transaction volume rose 5.39 per cent above the earlier high of 50,400 deals recorded in Q3 last year. Data from DXBinteract shows Q2 increases in all real estate sectors, led by plot sales worth Dh32.2 billion from 1,384 transactions, a 49 per cent leap in volume on Q2 last year and a 27.1 per cent rise on Q1 2025. A total of 10,019 villa sales worth Dh66.5 billion was 38.3 per cent up in volume on the same period last year, while apartment sales worth Dh81.6 billion climbed 18.7 per cent in volume over Q2 last year and 22.7 per cent on the previous quarter. Commercial sales worth Dh3.6 billion also rose 12.5 per cent in volume to 1,252 transactions compared with the same period in 2024. A market update by fäm Properties reveals that the H1 sales value rose 40 per cent year-on-year, driven by the strongest-ever quarterly performance of 53,118 transactions worth Dh184 billion in Q2. Rising property values in recent years were highlighted by a median price of Dh1,607 per sq ft, compared with the Q2 rates of Dh958 in 2021, Dh1,151 in 2022, Dh1,339 in 2023 and Dh1,514 last year. 'These numbers once again highlight the consistent strength and resilience of Dubai's real estate market,' said Firas Al Msaddi, CEO of fäm Properties. 'Dubai's steady growth over the years is reinforcing its place as a top choice for property investment, attracting more global interest while local and regional demand remains solid.' Dubai's Q2 property sales over the last five years have now risen to the current level from Dh10.8 billion (5,400 transactions) in 2020 to Dh36.6 billion (15,400) in 2021, Dh58.2 billion (22,100) in 2022, Dh90.5 billion (31,100) in 2023 and Dh123.9 billion (43,400) last year. The top performing area in terms of overall value was Me'Aisem Second, with total sales amounting to Dh14.94 billion for 844 transactions. With properties worth Dh1-2 million accounting for 32 per cent of sales (16,967), 26 per cent (13,687) were below Dh1 million, 17 per cent (9,163) between Dh2-3 million, 13 per cent (6,804) between Dh3-5 million, and 12 per cent (6,496) more than Dh5 million. Overall, first sales from developers significantly outnumbered re-sales in the secondary market — 66 per cent over 34 per cent both in terms of volume and value.
