DUBAI Dec 14 The delayed handover of about 6,000 houses in Dubai has helped rents remain flat so far in 2015 even though residential sales prices have fallen a lot more than 10 percent, sector consultants CBRE stated on Monday.
Dubai’s genuine estate sector has stuttered this year following a rebound close to the peak values of the previous decade as a sturdy regional currency produced getting house much more pricey for foreign investors.
Overall, Dubai apartment and house sales prices on average fell 16 and 14 percent respectively in the first 11 months of 2015, CBRE estimated, forecasting additional declines in sale costs subsequent year.
Apartment rents were flat over the exact same period, although property rents dipped four percent, CBRE mentioned.
“The (rental) market has held up quite effectively but it does not inform the complete story,” mentioned Mat Green, UAE head of research at CBRE Middle East. “We have a really fragmented industry.”
He stated rental values in the city’s a lot more expensive districts such as Palm Jumeirah and Dubai Marina had fallen even though more affordable, peripheral places have noticed costs rise in 2015.
CBRE had forecast 20,000 units would be handed more than in 2015, but only about 14,000 will be delivered by the end of the year due to late payments by investors, issues in acquiring completion certificates and some developers opting against releasing units. Sales contracts allow for some delays.
“These who have some flexibility in their delivery pipelines will stall their delivery until rental or capital values of those units give much better returns,” said Nicholas Maclean, managing director of CBRE Middle East.
“Delivering they do not have a commitment to deliver these units, it is a sensible way of performing improvement. A essential weakness of some developments in Dubai in the last ten years or so was the lack of phasing in deliveries.”
CBRE estimates Dubai’s residential sector can absorb 20,000 new units each year just before vacancy rates increase.
“You’re seeing a a lot more pronounced influence this year, but there is usually going to be some slippage,” said Green.
He forecast sale rates would decline by about ten % in 2016, even though performances would differ markedly by district.
“Sales are driven by sentiment, outside influences, the currency circumstance, so you’ve a lot of external fundamentals influencing the investment selection, it’s not simple to forecast,” stated Green.
The UAE dirham is pegged to the dollar, which this year is up 9.2 percent versus the euro, six.6 percent against India’s rupee and two.eight % higher against the British pound. (Editing by David Clarke)
Yaya Toure has been voted the BBC African Footballer of the Year 2015.
The 32-year-old Ivory Coast midfielder becomes only the third player, after Nigerians Nwankwo Kanu and Jay-Jay Okocha, to get the honour twice.
Football fans voted for Manchester City’s Toure, who first won in 2013, ahead of Yacine Brahimi, Pierre-Emerick Aubameyang, Andre Ayew and Sadio Mane.
“I am really proud. To receive this dedication from the fans is unbelievable,” Toure told BBC Sport.
“Also I want to spend tribute to the other nominees. African football is increasing up, becoming significantly much better and we have great young players coming by way of now.”
Toure described all 5 nominees as “champions”.
He added: “I am delighted and quite satisfied. And as an African player, I want to lead all my younger brothers to be profitable in the future.
“When I was a kid I was usually dreaming of becoming an important player. I have sacrificed a lot.
“I will continue to attempt to win a trophy every single year, I will fight to win a personal trophy.”
Two of the beaten nominees have won the award prior to, Algeria’s Brahimi in 2014 and Ghanaian Ayew in 2011. Gabon’s Aubameyang was on the shortlist for the third year operating, while Senegalese Mane produced it for the initial time.
Toure has been nominated for the award seven instances and his second win guarantees his year ends with a trophy, just as it started when he led Ivory Coast to glory at the Africa Cup of Nations.
He captained the team in Equatorial Guinea and opened the scoring in the semi-final to put his side on course for a 3-1 victory more than Democratic Republic of Congo.
Toure was a important influence as his nation finish a 23-year wait for their second Nations Cup title, overcoming Ghana in a penalty shootout in the final.
It was Toure’s 1st trophy with the national group in his sixth Nations Cup tournament, and possessing lost in two finals – in 2006 and 2012.
There was less achievement for Toure with Manchester City, who failed to defend their English Premier League 2014 title and completed second to Chelsea.
But Toure remains a effective presence in the heart of the midfield and contributed seven ambitions for City in the calendar year.
Vera Kwakofi, Existing Affairs Editor, BBC Africa, mentioned: “Yaya Toure’s leadership for nation and club provides an example for several young footballers aspiring to emulate his profession.
“We are pleased that as the BBC we are right here to celebrate and share in this moment with his fans around the planet.”
It has been another eventful Formula 1 season, with Lewis Hamilton once again emerging as world champion after an, at times, fraught battle with Mercedes team-mate Nico Rosberg.
BBC Sport has compiled the key numbers for the 2015 season, with a strong focus on Hamilton and Rosberg as well as some interesting statistics about the other drivers.
Find out who was the best starter, which driver accumulated the most penalties and plenty more besides.
43: Overall race wins, the most by a British driver
10: Wins this season (one fewer than 2014 but only Sebastian Vettel and Michael Schumacher have more in a season, having managed 13 in 2013 and 2004 respectively)
16: World championships won by British drivers (Mike Hawthorn, 1958; Graham Hill, 1962, 1968; Jim Clark, 1963, 1965; John Surtees, 1964; Sir Jackie Stewart, 1969, 1971, 1973; James Hunt, 1976; Nigel Mansell, 1992; Damon Hill, 1996; Lewis Hamilton, 2008, 2014, 2015; Jenson Button, 2009).
MORE HAMILTON STATS
He is the only driver to win at least one race in his first nine seasons in F1. Alain Prost, Michael Schumacher and Sebastian Vettel all raced for parts of a season before going on a similar run. Prost took part in 11 races in 1980 before winning every year from 1981 to 1990 while Schumacher took part in six races in 1991, before winning every year from 1992 to 2006.
The only drivers to have won more grands prix than Hamilton are Schumacher (91) and Prost (51). In 2015, he overtook Ayrton Senna (41) and Vettel (42)
16: Race wins for Mercedes (Equalling record from last season. The next best is 15 for McLaren in 1988 (16-race season), Ferrari in 2002 (17-race season) and Ferrari in 2004 (18-race season)
18: Pole positions for Mercedes (equalling record from last season, shared with Red Bull in 2011 – also a 19-race season)
Biggest improvement in 2014: Ferrari won 428 points in 2015 and finished second in the constructors’ championship. In 2014 they managed 216 points, their worst season in F1 for more than 20 years.
Biggest drop in 2014: Last year Red Bull won 405 points and finished second in the constructors’ championship. In 2015 they scored only 187 points and finished fourth, failing to win a race for the first time since 2008.
Date: Sunday 20 December. Venue: SSE Arena Belfast. Coverage: BBC A single, Radio five live, BBC Sport site
Who will you vote for to be BBC Sports Personality of the Year for 2015?
The 12 contenders for this year’s award have been announced with the winner to be revealed for the duration of the reside show in Belfast on Sunday, 20 December.
You can vote by phone or on-line throughout the programme, which will be screened on BBC One, with additional coverage on BBC Radio 5 live and the BBC Sport website.
Here’s a look at the sports stars in with a likelihood of joining the star-studded list of earlier winners, which contains Bobby Moore, Princess Anne, Sir Steve Redgrave and David Beckham.
Age: 26 Sport: Cycling
A dream was realised when Armitstead became world road race champion with a breathtaking triumph in America.
The Olympic silver medallist won the gruelling 130km race by a wheel in Richmond, Virginia.
Armitstead also claimed the British title – just 11 days following becoming taken to hospital following a crash at the Women’s Tour.
What she mentioned: “All the failures I’ve had in the previous, ups and downs, just makes it a lot more particular.”
Did you know? She warms up for a morning ride with a bowl of porridge, with berries, cinnamon and nuts, and a coffee.
Sports Personality record: Initial nomination. Four cyclists have previously won the award – Tommy Simpson (1965), Sir Chris Hoy (2008), Mark Cavendish (2011) and Sir Bradley Wiggins (2012).
Age: 24 Sport: Football
England’s footballers created history with a very best-ever third placed finish at the Women’s Planet Cup in Canada and Bronze was among the stars.
The Manchester City defender was 1 of eight players shortlisted for the Golden Ball player of the tournament award.
She scored twice as England won new fans – their semi-final attracting a peak audience of two.4 million viewers back property, in spite of kicking off at midnight.
What she mentioned: “I am not aiming to be the very best correct-back in the world, I am just aiming to be the very best player I can and if they come about to coincide then even better.”
Did you know? Bronze utilised to play the saxophone as a youngster and nevertheless has a single at property.
Sports Personality record: First nomination initial female footballer on shortlist.
Age: 29 Sport: Athletics
Headline writers named it the “mother of all comebacks” as Ennis-Hill won her second globe heptathlon title in August 13 months after the birth of her son Reggie.
She had only decided to compete in Beijing the preceding month, having returned to education in the autumn of 2014.
It was the very first time in 3 years she had competed at a key championships in the occasion which consists of the 100m hurdles, high jump, shot put, 200m, lengthy jump, javelin throw and 800m.
What she stated: “We spoke about the bronze medal and that it would be amazing for a silver medal, but we never spoke about gold. I sort of believed it was a tiny beyond me this year.”
Did you know? Ennis is a psychology graduate from the University of Sheffield.
Sports Personality record: 2nd, 2012 3rd 2010 3rd 2009. Athletics has offered the Sports Character winner on 17 occasions, with Kelly Holmes the last victor in 2004. Heptathlete Denise Lewis was second in 1998 and 2000.
Age: 32 Sport: Athletics
The very first man to pull off a triple double – triumphing in two athletics events at two Planet Championships and an Olympics.
Farah won his third successive five,000m world gold medal in Beijing in August, having currently retained his ten,000m title.
It completed a magnificent seven for the Somali-born runner – his seventh worldwide track title in a row.
What he said: “It really is great to make history. I did not feel fantastic, my hammy (hamstring) was playing up a bit, but the health-related group helped me via it.”
Did you know? Farah makes use of an underwater treadmill, which assists him to run additional miles without the very same threat of injury as when operating outside.
Sports Character record: 4th, 2013 4th, 2012 3rd, 2011. Of the 17 athletics winners, Brendan Foster was the last lengthy-distance runner to triumph in 1974.
Age: 30 Sport: Cycling
Four years ago, a British cyclist had never ever won the gruelling 3-week Tour de France. Now Froome has carried out it twice.
He took more than exactly where 2012 winner Sir Bradley Wiggins left off by triumphing a year later, and claimed a second victory in July.
The Kenyan-born Group Sky rider showed wonderful dignity as he shrugged off abuse, which includes becoming spat at and getting urine thrown over him, to prevail once again.
What he mentioned: “No sportsman need to have to go via what we went through.”
Did you know? Froome won a charity bike race aged 13 despite becoming knocked over by his mother, who was driving alongside.
Sports Personality record: 6th, 2013. Between 2008 and 2012, cycling had 3 of the 5 annual award winners.
Age: 27 Sport: Boxing
In the back yard of a feted planet champion who had not lost for 11 years, Manchester fighter Fury claimed one particular of boxing’s largest upsets.
He became Britain’s initial globe heavyweight champion for six years when outpointing Wladimir Klitschko in Dusseldorf.
The self-styled ‘Gypsy King’ is unbeaten in 25 fights – 18 of those victories coming through knockout.
What he stated: “It is the start off of a new era. I will be the most charismatic champion since Muhammad Ali.”
Did you know? Fury was born 3 months premature in 1988, weighing in at 1lb – doctors described his opportunity of survival as slim.
Sports Personality record: First nomination. Four boxers have been honoured – Henry Cooper (1967), Barry McGuigan (1985), Lennox Lewis (1999) and Joe Calzaghe (2007).
Age: 30 Sport: Formula 1
Hamilton won a third Formula 1 title to grow to be only the second British man after Sir Jackie Stewart to achieve the feat.
The driver, from Hertfordshire, edged out team-mate Nico Rosberg with a thrilling United States Grand Prix victory, his 10th of the campaign.
Hamilton passed Ayrton Senna’s mark of 41 career race wins, and joined his childhood hero by winning three championships.
What he mentioned: “Considering that I was a small boy, I have wanted to win three Formula 1 globe titles – since that is the number that Ayrton Senna won.”
Did you know? Hamilton initial appeared on the BBC’s Blue Peter programme aged seven, and won 3 Blue Peter badges before being honoured with a gold one.
Gold in the 50m breaststroke meant Peaty was the initial man to comprehensive the 50m and 100m double at the Globe Swimming Championships.
He then helped Great Britain win the mixed 4x100m medley relay gold in a world record time in Kazan.
Peaty, who trains in Derby, has been tipped to be the 1st British man for 28 years to win Olympic swimming gold at Rio 2016.
What he said: “We fought for every inch. We left it all on the battlefield”- soon after relay triumph.
Did you know? Peaty was so scared of water as a young youngster that he would scream with terror if place in the bath.
Sports Character record: 10th, 2014. Two swimmers have been BBC Sports Character of the Year – Ian Black (1958) and Anita Lonsbrough (1962).
Age: 29 Sport: Athletics
Rutherford’s gold at the Planet Championships in Beijing cemented his place as present king of the long jump – adding to his Olympic, European and Commonwealth titles.
Only 4 other Britons – Daley Thompson, Linford Christie, Sally Gunnell and Jonathan Edwards – have ever held all 4 titles at the exact same time.
Rutherford felt ill earlier in the day, with dehydration and a headache, but jumped a stadium record 8.41m – beating his nearest rival by 17cm.
What he said: “It really is unbelievable. This was my ideal ever functionality. The stresses this year, I can’t even express to you.”
Did you know? Rutherford and his father laid a long jump runway and sandpit in his back garden to help with instruction.
Sports Personality record: Initial nomination. Extended jumper Mary Rand won in 1964, whilst triple jumper Jonathan Edwards took the 1995 award.
Age: 35 Sport: Rugby league
Finished his rugby league profession on a high, featuring in Leeds Rhinos’ treble-securing Super League Grand Final win against Wigan.
The former England captain spent nearly two decades with the Rhinos, making his debut at 16, and in 2015 became only the fourth rugby league player to pass four,000 career points.
At the age of 35, the stand-off has switched to union with Yorkshire Carnegie.
What he stated: “To leading it off with the treble in the final year is unbelievable. It is one thing I will cherish forever.”
Did you know? His sporting hero expanding up was former England footballer Gary Lineker.
Sports Character record: 1st nomination. A rugby league player has never ever featured in the best three of the primary award, though Wigan (1994) and St Helens (2006) took team of the year honours.
Age: 22 Sport: Gymnastics
Denying group-mate Louis Smith by .01 points, he became the initial man to win a gold for Excellent Britain at the World Gymnastics Championships.
Whitlock, from Hemel Hempstead in Hertfordshire, triumphed in the pommel horse event in Glasgow.
He had won his second silver medal of the championships earlier on Saturday on the floor, and recovered from missing out on an all-about medal exactly where he fell at the start off of the higher bar routine.
What he mentioned: “It has been a tough year with glandular fever at the starting of the year and this makes up for almost everything.”
Did you know? Whitlock did not try gymnastics until the age of seven when a friend at the regional swimming club suggested it to him.
Sports Personality record: 7th, 2014. A gymnast has in no way won the BBC award, even though Beth Tweddle was fifth in 2009.
Much more particulars on voting terms and circumstances here.
England women’s boss Mark Sampson stated Sunday’s 1- win over Bosnia-Herzegovina at Ashton Gate was a celebration of their great year.
The victory in the Euro 2017 qualifier came courtesy of Jill Scott’s late header in England’s first property match considering that winning Globe Cup bronze.
“The crucial factor was to celebrate a amazing 2015 for women’s football in this nation,” mentioned Sampson.
“To not get three points would have spoiled the party a tiny bit.”
Obtaining beaten Estonia 8- in September, England earned their second qualifying victory to place them second in Group Seven behind Belgium, who they will face in April.
But following wasting several excellent chances in the first half, Sampson said the group have been frustrated they could not put on a show for an expectant crowd of 13,040, who had been hammered by the wind and rain at Bristol City’s property ground.
“It was frustrating, credit to Bosnia-Herzegovina, they produced it difficult for us but the conditions have been the winner,” added Sampson.
“The players have been desperate to place on a good show for the supporters and win the match with style and score lots of targets but in the end they had to be resolute and keep patient.
“The fans produced it a brilliant atmosphere, and they have offered us such a motivation to say we can’t get beaten at property anymore. So to get that win and see so many in the ground was really special and something the players will remember for a extended time.”
Preserving the momentum
Eni Aluko set up Jill Scott to score the only aim at Ashton Gate
Sampson mentioned securing England’s ideal ever Globe Cup finish had created it a “ground-breaking” year.
And he has set his sights on winning Euro 2017, based on the reality that the Lionesses had been the highest-placed European team in Canada after their third-place play-off win more than Germany.
England have won 12 of their 19 fixtures this year, however the former Bristol Academy coach stated his team would need to have to play the massive nations of women’s football in 2016 to continue the momentum in a year exactly where there is no main tournament for England.
Sampson’s side drew – with European champions Germany final Thursday.
“We have laid a huge foundation to create on for subsequent year,” he mentioned. “The success [this year] is one thing no-a single anticipated bar the people in our altering space, and the thrilling portion of it is the group can’t wait to hold going.
“Next year will be challenging for us but the most critical aspect is the competition and the determination in the group to hold us moving forward.
“To do that we have to make sure we commence playing against the very best teams more frequently than not. That will give this team a chance to pit their wits against the very best teams in the planet.”
‘I played my whole career hoping this would happen’
England captain Steph Houghton told BBC Two: “We nonetheless have the World Cup Whatsapp group on our phones. We constantly verify in with every other to preserve a tight group.”
Former England captain Faye White was covering the game for BBC Radio five reside sports extra.
“The nation took them to their hearts in the summer season because of their achievement in obtaining to the third-fourth play-off and beating Germany – the very first time we’d ever beaten them,” she said.
“Viewing figures on Tv were brilliant. Folks were staying up and acquiring behind the group at midnight.
“I played my complete profession hoping that each tournament we played in, that would come about. We got to the European final in 2009 against Germany but they beat us.
“I thought that may possibly ignite much more interest and it did a small bit, but surely not like the bronze did in the Planet Cup. The reality it’s on tv a lot more and the media side of items, Twitter and Facebook, permits folks to engage with players and get a really feel for their personalities.”
England’s win more than Germany in the Planet Cup and the draw in final week’s friendly came right after they had lost 18 and drawn two of the preceding 20 meetings between the sides ahead of 2015.
White added: “England went to Germany thinking we want to get a result, even going into their back yard. In 2009 we reached the final and that was far more of a ‘wow, we reached the final’. This time they may well be capable to handle the expectation.”
‘England players are household names’
Jill Scott, who came off the bench to score the winner, was one of nine England players honoured just before kick-off for winning 100 or a lot more caps
Former England pair Kelly Smith and Rachel Brown-Finnis have been BBC Two’s pundits for the game.
“It really is been wonderful,” mentioned Smith. “What a year it is been. They’ve got recognition all over the world and in England. The players are now household names.
“Certainly this wasn’t the overall performance we wanted to watch coming off the back of the Planet Cup, but full credit to all the players and Mark Sampson. They’ve put England women’s football on the map. Extended could it continue.
“They’ve got a robust qualification campaign to appear forward to next year. Hopefully they’ll leading the group and do actually properly at the Euros.”
Brown-Finnis said: “This year has been about producing history, not just for England women’s football but for women’s sport in basic.
“It’s been put on the map and it really is here to remain. I can’t wait for the rest of the qualifiers and to see England go out there and win silverware.”