Land Sterling, a British firm of chartered surveyors and property consultants, will be showcasing its key services at the International Property Show 2016 which opened in Dubai, UAE.

An annual event dedicated to regional developers and individual retailers in the UAE, the International Property Show will run for the next two days at the Dubai International Convention and Exhibition Centre, said the organisers.

Land Sterling, a specialist in providing valuation services of commercial and residential property plus a range of consultancy services backed by rigorous analysis and sound research, will be showcasing its services available through its subsidiaries in Dubai, Abu Dhabi in the UAE, Riyadh in Saudi Arabia, Algiers in Algeria and London, UK, at the event.

As in previous years, the company is set to launch its annual report on real estate market, which includes a complete analysis of the prices and rentals across the UAE.

"The real estate market in Dubai is witnessing an increase in the number of transactions as a result of lower prices. Based on the number of units that will be pumped into the market in 2016, the prices will see further decline," it stated.

According to Land Sterling, the rental average yield in Dubai market is 7.44 per cent, compared to 2.3 per cent in Hong Kong and 3.4 per cent in London. Areas such as ‘Discovery Gardens’, ‘Dubai Silicon Oasis’ and ‘Dubai Sports City’ yield returns of more than nine per cent, it added.-TradeArabia News Service