Microeconomics Report: Analysis of UAE Housing Market Trends

This microeconomics report provides an analysis of the housing and residential market in the UAE, focusing on key factors influencing market trends. The report examines the impact of sales and rental prices of villas and apartments on overall housing demand, utilizing regression analysis to identify correlations between variables. It explores the importance of socio-economic variables and the government's role in policy-making to stimulate market growth. The study includes sensitivity analysis to determine elasticity and its implications on pricing strategy, as well as a discussion on the effects of business policies. The report concludes that the rental and sales prices of apartments and villas are key factors, and suggests that government policies should aim to increase the purchasing power of individuals and improve the standards of living in UAE. The report also highlights the importance of considering variables such as the sales price of apartments in AED/sqft, which has a significant impact on the market.