Dubai, UAE - February 1^st, 2009: A new era in the UAEs property market is emerging from the world economic crisis according to Landmark Advisorys first quarterly market report of 2009. The regions real estate sector will shift to a demand-driven market where need and customer preferences, rather than greed from frenzied speculators, will determine market prices.

"As the overall price declines continue across most real estate assets in 2009, developers that deliver on the quality they promised will be rewarded, while lower quality units will bear the brunt of falling prices," explained Daniel Seleanu, Research Analyst. "As the price discovery process unfolds, we expect sale prices to fall on average by 20% for apartments and 35% for offices. Villa prices, however, are likely to remain fairly stable."

The report also reveals solid prospects in the warehouse segment, which is undersupplied and has a strong price support due to its practically untapped leasing potential.

Stagnating income levels in Dubai, caused by a slowing economy, mean that increased liquidity and widely available lending will be the key factors determining how and when the regions property market will begin to recover.

"Maintenance fees are commonly overlooked in the rental market, and because they hurt rental yields, landlords have been attempting to pass off ever larger portions of this cost onto tenants, added Seleanu. Until RERAs new, owner-oriented strata law is fully implemented, buyers must be sure to ask about all past, present, and planned monthly fees. These charges are likely to fluctuate in the year ahead."

Landmark Advisorys Full Market Report is available for download at their website http://www.landmark-advisory.com

For further information, kindly contact: The Portsmouth Group
Name:		Julia Finn or Ibrahim Asran
Email:		julia.finn@theportsmouthgroup.com ibrahim.asran@theportsmouthgroup.com
Telephone:		+971-4-369 3575

About Landmark Advisory
Landmark Advisory was originally established in September 2006 under the name of Landmark Consulting Associates, with a mission to provide superior generalist advisory services in the areas of development and planning. In April 2008, Landmark Advisory was established and has brought with it the experience and network of Landmark Consulting Associates years of existence.

Jointly owned by a dynamic group of partners, Landmark Advisorys founding members are the same group of professionals that founded Landmark Properties L.L.C, one of Dubais leading real estate brokerage. Landmark Advisorys link into Landmark Properties, offers the group a unique position to closely study the real estate market, providing unparalleled access and perspective of the rapidly changing and expanding MENA market.

Our network of professionals dedicate themselves to thoroughly collecting and analyzing information to illustrate opportunities that exist in this fast-paced industry. Furthermore, our specialized knowledge and experience within the MENA region, gives Landmark Advisory the confidence to accurately advise our clients around the world in making well-informed and intelligent real estate decisions.