The Effects of E-Commerce on the Demand for Commercial Real Estate
Added on 2021-06-14
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Running head: DOCTORATE RESEARCH PROPOSALDoctorate Research ProposalName of the Student Name of the University Author Note
1DOCTORATE RESEARCH PROPOSALTable of Content 1. Overview:...............................................................................................................................22. Research Questions................................................................................................................23. Research Literature................................................................................................................2a). Collaboration of private and government for housing provision in Abu Dhabi...............4b) Comparing the current state of the housing sector in Abu Dhabi to the housing strategiesof the global market...............................................................................................................5c) Recommending a feasible proposal for Abu Dhabi housing sector...................................74. Research Methodology...........................................................................................................7Research Philosophy:.............................................................................................................7Research Approach and justifying inductive research approach...........................................8Data collection methods:........................................................................................................9Qualitative:.............................................................................................................................9Reliability and Validity........................................................................................................105. Outcome...............................................................................................................................106. Time Scale............................................................................................................................11References................................................................................................................................12
2DOCTORATE RESEARCH PROPOSALResearch Title: Evaluation of the Housing Market in the UAE: A Strategic Approach1. Overview:This research proposal provides a detailed evaluation of Housing market in UAE.UAE is known as the king of luxury housing as it holds some of the world’s tallest andexpensive properties which helps the nations to secure a top housing market in theinternational environment. Al-Mohana and Hatemi (2016) mentioned that UAE certainly hasa large market of real estate and it is swiftly increasing and becoming stringer in the nearfuture. The purpose of the research proposal is to evaluate the housing market in Abu Dhabito learn how the investment can be made to housing to minimize the deficit in the housingindustry. The proposal compares the current state of the housing sector in Abu Dhabi and tothe housing strategies in other parts of the world. It is identified that the major vision of AbuDhabi Housing sector is to work on the development as well as implementation of housingprogram for the citizen. The sector is focussing on providing the decent housing that certainlymeets the needs as well as the special requirement of citizens. To perform the proposedresearch, suitable research questions have been formed and based on the questions a detaileda brief literature revolving around UAE’s housing sector and housing market of the worldhave been compared. 2. Research Questions1. What is the current state of the housing market of Abu Dhabi?2. How do the organizations in UAE’s housing sector could reduce the deficit and speed upthe growth of the sector?3. Research LiteratureThe recent report from Cluttons indicates that the government guides the fiscal adjustment inthe regions, as the response to decreasing oil price (Magina 2016). On the other side, a
3DOCTORATE RESEARCH PROPOSALresearch conducted by Hatemi-Roca and Al-Shayeb (2014) indicates that the residential areasof Dubai continued to moderate during the second quarter of 2017. This might leave theannual rate of change at -5.8% and marks 12th consecutive quarter of price decline during thetime period when the price have moderated by 14%. More specifically, Buckley and Hanieh(2014) mentioned that complex continues fare better than villas with the decrease of price byan average rate of 1% during the second quarter of last year compared to the decline of 2.2%in villa values.Even though, the price continues to decrease,small flaws in the sector may appear tobe creating an end with many regions began to demonstrate the mark of bottling out.Furthermore, it has also been identified that during first six months of 2017, 7 out of 32 submarkets were identified in the emirates registered price decline, with other all locationsobserving no changes in values (Zhang, Zhu and Ye 2016). Mehta (2014) mentioned thatrent to end the year 5% to 7% lower than 2016 but as the sales market is growing potentialfor a more suitable picture to emerge, the organizations started to filter through. The literaturestrongly indicates that there is a continuous price decline in the housing sector on the back ofeconomic tightening as well as the disclosure of new housing stock, according to the reportprovided by the real estate consultancy. However, Al-Mohana and Hatemi (2016) commentedthat this decline was slightly less on quarterly basis with the percentage of 3% and 5% forapartment rents, sales respectively. Nonetheless, Hatemi., Roca and Al-Shayeb (2014)mentioned despite such division decline, the residential market of UAE faces an ongoingpressure because of the continuous increase in vacancy rate, which result from the newsupply completing at the time of cuts in housing allowance and job losses. On the other side, Forrest, Koh and Wissink (2017) mentioned that off-plan salesstarted driving housing market as the entire emirate continues to observe the effects ofdiminished government as well as the sluggish economic growth. In this context, Mouzughiet
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