...Gulf Real Estate Properties | QUMT 6303 Case Study | | There’s a real estate firm named Gulf Real Estate Properties, Inc. that is in the southwestern part of Florida. This company promotes itself as "expert in the real estate market." They evaluate sales of condos through data collection in relating to the location, list price, sale price, and the number of days it’s on the market prior to being sold. Gulf View classification is a result of a condo being located on the Gulf of Mexico. A No Gulf View classification is due to being located on the bay or a golf course that is not actually on the Gulf. The sample data collected is from the Multiple Listing Service that’s located in Naples, Fl. It contained the sales data of 40 Gulf View condos and 18 No Gulf View condos. For the first two parts of the managerial report, the use of appropriate descriptive statistics is needed to summarize each of the three variables for the 40 Gulf View condos and the same goes for the 18 No Gulf View condos. Based on the data, Gulf View condominiums have a higher average listing price at $474,007.50 than No Gulf View condominiums at $212,805.56. GV condominiums also have a higher median listing price at $437,000 than the NGV condominiums at $212,500. In regards to sale price, the GV are higher in average sales price at $454,222.50 when compared to NGV at $203,188.89. GVs are also higher in median sales price at $417,500 in comparison to NGVs at $203,500. The data indicates...
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...Gulf Shores Beach Condos A Statistical Analysis of how to determine the best offer to make on a Beach Condo 1. Introduction “Toes in the water, ass in the sand, not a worry in the world a cold beer in my hand, life is good today...” lyrics that come to mind when I think about owning my own beach condo. Growing up my grandmother had a condo in Gulf Shores, Alabama and we would go every summer. I have very fond memories of the beach. I recently purchased my first home, a condo in downtown New Orleans, and I am already eager to own more real estate. I learned through the process of purchasing a home how important the offer you make on the property is. The offer you make can make or break the deal. My dream is to one day own my own little piece or paradise, a condo on the beach. Condos differ from regular houses in many ways. While you do have to pay a condo fee, you do not have to worry about many maintenance issues. For example a roof or landscaping, and often times if something does break there is a maintenance person on site that can fix it for you. I personally love condo living, getting to know your neighbors at the pool and the social aspect is certainly my favorite. Condos on the beach in Gulf Shores, Alabama are high demand real estate just as condos in downtown New Orleans. On average homes in America sell for 4% less than the listed price. How does one go about obtaining high demand real estate? You don’t want overpay, though you don’t want to insult the...
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...desert. The Plan Abu Dhabi 2030 details how Abu Dhabi will succeed in managing its growth in a way that is good for business, for residents and for the environment. And by doing this, Abu Dhabi will achieve its goal of becoming a global capital city, worldrenowned for its cultural, tourism and business offerings. Special Advertising Section 2008 Abu Dhabi 3 Abu Dhabi: Creating a Modern Metropolis isit Abu Dhabi, even for a short time, and the quiet confidence of this dynamic capital city is quickly apparent. It’s a confidence that prioritizes planning and getting things right from the start. What’s the source of this confidence? Perhaps it’s the $350 billion in infrastructure, real estate and industrial projects already in progress for the city. Maybe it stems from the Persian Gulf emirate’s enormous oil and gas reserves and growing human capital base. It could also be the awareness that most elements of the city’s future growth have already been studied and planned out. But it is likely a combination of all these factors. This city’s ambitious and deliberate approach to growth was behind the creation of “Plan Abu Dhabi 2030: Urban Structure Framework Plan.” Plan Abu Dhabi 2030 was created by an international urban planning task force that tapped the world’s best urban planning and community development experts. The overarching principles of the plan are: Abu Dhabi will be a contemporary expression of an Arab city, which has people living and thriving in healthy and...
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...Rachel Haukaas A503 Case 2, Pg 373 Gulf Real Estate Summary Gulf Real Estate Properties 1. Descriptive Statistics for 40 Gulf View Condominiums Mean List Price: $474008 Mean Sale Price: $454223 Mean Days to Sell: 106 Descriptives | | Statistic | Std. Error | List Price | Mean | 474.008 | 31.1943 | | 95% Confidence Interval for Mean | Lower Bound | 410.911 | | | | Upper Bound | 537.104 | | | 5% Trimmed Mean | 461.956 | | | Median | 437.000 | | | Variance | 38923.356 | | | Std. Deviation | 197.2900 | | | Minimum | 169.9 | | | Maximum | 975.0 | | | Range | 805.1 | | | Interquartile Range | 219.1 | | | Skewness | 1.096 | .374 | | Kurtosis | 1.011 | .733 | Sale Price | Mean | 454.223 | 30.4397 | | 95% Confidence Interval for Mean | Lower Bound | 392.652 | | | | Upper Bound | 515.793 | | | 5% Trimmed Mean | 441.219 | | | Median | 417.500 | | | Variance | 37063.085 | | | Std. Deviation | 192.5178 | | | Minimum | 165.0 | | | Maximum | 975.0 | | | Range | 810.0 | | | Interquartile Range | 216.4 | | | Skewness | 1.159 | .374 | | Kurtosis | 1.184 | .733 | Days to Sell | Mean | 106.00 | 8.256 | | 95% Confidence Interval for Mean | Lower Bound | 89.30 | | | | Upper Bound | 122.70 | | | 5% Trimmed Mean | 102.64 | | | Median | 96.00 | | | Variance | 2726.513 | | | Std. Deviation | 52.216 | | | Minimum | 28 | | | Maximum | 282 | | | Range | 254 | | | Interquartile Range | 68 | |...
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...d, UAE, United Arab Emirates Investment Portfolio 2015 01 0102 Section B United Arab Emirates Emaar – Real Estate Giant UAE government has taken steps to facilitate real estate investors by providing lucrative visa policy and reducing mortgage rates. Government has also adopted passive fiscal policies to lure real estate to provide high capital gain and income as compared to international markets. Prevailing market trends also reflect persistent increase in real estate prices and rents. This is further assured by recent announcement of Dubai Expo 2020 which is expected to attract businesses from across the globe. Considering the fact that UAE has pegged its currency against dollar, and therefore it has little control on its monetary policy, and hence inflation, thus property is a good hedge against it. Lulu Hypermarket – Fastest growing Retail Network With 109 stores spread across the Gulf Cooperation Council (GCC), LuLu Hypermarket is pioneer in UAE retail industry with 32% share. It is ranked as UAE’s fastest growing retail company which is a reflection of UAE’s lucrative retail sector for investment. High disposable income, massive retail estate development, population growth, influx of expats, increase in consumer confidence and rising tourism indicates strong potential for growth of the retail industry. Emirates – Best Airline of 2013 Largest Boeing 777 and Airbus A380 operator, Emirates’ share price has tripled in past one year from $2 to $8. Emirates operating...
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...GCC financial markets remain small and behind their potential globally. Since the beginning of the last decade, the GCC tried changing the strategy and going more into the financial markets. In the past five years, this strategy went to partially fall apart. The global financial crisis affected the finance business dramatically and the Gulf region did not handle it that well. Although the global view to the GCC financing has not been positive, but the GCC has been working and trying with all their efforts to develop their market and move forward. Saudi Arabia Stock Exchange, Tadawul ( TASI ), came along in the mid 1930's but remained informal until the early 1980's when the government formed a regulated market for trading with the required systems and techniques. It lists 159 publicly traded companies ( as of September 2, 2012). There are 15 sectors in the Saudi market which are: Banks & Financial services, Petrochemical Industries, Cement, Retail, Energy & Utilities, Agriculture & Food Industries, Telecommunication & Information Technology, Insurance, Multi-Investment, Industrial Investment, Building & Construction, Real estate & Property Development, Transport, Media & Publishing and Hotel & Tourism. The highest ranking sector of the Saudi Arabia Stock Market is the Banking &...
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...Established in 1979, Gulf Properties was the first full service Real Estate office located directy on Navarre Beach. Our resort rentals range from small condominiums and efficencies to large beach houses. Our Realtors are specialist in condominium sales as well as residential land and homes and commercial properties in the Navarre Area. When you stay with Gulf Properties, you are supporting local business and independent property owners that keep our beaches beautiful and our community strong. The confidence interval (also called margin of error) is the plus-or-minus figure usually reported in newspaper or television opinion poll results. For example, if you use a confidence interval of 4 and 47% percent of your sample picks an answer you can be "sure" that if you had asked the question of the entire relevant population between 43% (47-4) and 51% (47+4) would have picked that answer. The confidence level tells you how sure you can be. It is expressed as a percentage and represents how often the true percentage of the population who would pick an answer lies within the confidence interval. The 95% confidence level means you can be 95% certain; the 99% confidence level means you can be 99% certain. Most researchers use the 95% confidence level. When you put the confidence level and the confidence interval together, you can say that you are 95% sure that the true percentage of the population is between 43% and 51%. The wider the confidence interval you are willing to accept...
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...Unit 1 – The Business Environment P1 – Describe the type of business, purpose and ownership of two contrasting businesses Done by Fatima Shafique 12 G2 * Emaar (Profit orientated business) Emaar is a real-estate company which is based in the United Arab Emirates. It is currently the Persian Gulf region's largest land and real estate developer. With over 60 companies, Emaar's activities include property investment and development, property management services, education, healthcare, retail and hospitality sectors, as well as investing in financial service providers. Type of ownership: Public Joint Stock Company (public limited) Liability: Limited liability Size: Emaar is extending its expertise in developing master-planned communities internationally, and has a significant presence in several key global markets with established operations in the United Arab Emirates, Saudi Arabia, Syria, Jordan, Lebanon, Egypt, Morocco, India, Pakistan, Turkey, USA and Canada. It employs over 10,000 people and has over 60 companies. Revenue: $3.307 billion (2010) Sector: Secondary sector Purpose: to transform Emaar into a one-stop, global solution provider for lifestyle, including homes, work, play, leisure, retail, health, education, finance, industry and more. * Dubai Autism Centre (Nonprofit organization) Since November 18th2001 The Dubai Autism Center began the creation of its various services targeted towards encouraging...
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...service branding. The framework was tested using case study methodology. Secondary research was primarily used to develop the case. Findings – There is a strong fit with the model suggesting that destinations can use this as a basis for continuity in strategy even as governments change. Based on the analysis and review; a checklist for destination branding strategy was recommended. Research limitations/implications – Since, this study depends on secondary research there is some limitations as data in this region is not easily available. ` Originality/value – Destination branding differs in challenges vis-a-vis product and service branding. This paper depicts steps essential for creating a successful branding strategy which can be applied in a real world context to maximize returns for the destination. Keywords Brand management,...
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...developed into a diverse economic state that has become a center for business and tourism. Although the city was built on the oil industry, it is the city’s current model of business that has driven its economy. Many of the city’s main revenues come from tourism, real estate, and financial services. Typically overlooked, it is Dubai’s economic development strategy that has kept the city profitable and growing. Dubai’s economic development strategy has implemented many strategies that the government believes will help ensure long term stability and sustainability. One tactic the government has developed is the implementation of free zones. These free zones have been designed to contribute to Dubai’s growth and development. One main item is involved with these zones however—the legal status of the companies within these zones. These companies are treated as foreign companies operating outside the UAE. Most sales of the companies located in these zones are exported without any tax being imposed. Owning a company in a free zone allows for 100% retention of profits (Reed). The free zones in Dubai include financial centers, media centers, and technology centers. Dubai has also taken up a large investment in the real estate sector. This has allowed Dubai’s construction and tourism industries to boom, and in result, have diversified the city’s economy. One other economic development strategy Dubai has developed is the use of outsourcing zones. These zones allow companies involved...
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...Dubai (Arabic: دبيّ Dubeii; IPA: [du'beii]; English pronunciation: /duːˈbaɪ/ doo-by) is an emirate within the United Arab Emirates (UAE). A city within the emirate is also named Dubai. The emirate is located south east of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi. Dubai and Abu Dhabi are the only two emirates to have veto power over critical matters of national importance in the country's legislature. Dubai City is located on the emirate's northern coastline. The earliest mention of Dubai is in 1095, and the earliest settlement known as Dubai town dates from 1799. Dubai was formally established in 1833 by Sheikh Maktoum bin Buti al Maktoum when he persuaded 800 members of the Bani Yas tribe, living in what is now part of Saudi Arabia, to follow him to the Dubai Creek by the Al Abu Falasa clan of Bani Yas. It remained under clan control when the United Kingdom assumed the protection of Dubai in 1892. Its geographical location made it an important trading hub and by the beginning of the 20th century, it was an important port. In 1966, oil was discovered, Dubai and the emirate of Qatar set up a new monetary unit to replace the Gulf Rupee. The oil economy led to a massive influx of foreign workers, quickly expanding the city by 300% and bringing in international oil interests. The modern emirate of Dubai was created after the UK left the area in 1971. At this time...
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...INNOVATION, CHANGE AND ENTREPRENEURS "Is going international something that only large and established firms should pursue after they have achieved success in its domestic market or should entrepreneurs think about international markets 'right of the bat?' which sorts of products are more amenable to going international by small and new firms?" Entrepreneurs should think about the international market as “right of the bat”. We are planning to expand our business in Dubai as real estate market is growing there presently. Entrepreneurs should think about the international market as “right of the bat”. But before going internationally one should consider these following factors: Factor 1: Get company-wide commitment. Every employee should be a vital member of your international team, from the executive suite to customer service through engineering, purchasing, production and shipping. You're all in it for the long haul. Factor 2: Define your business plan for accessing global markets. An international business plan is important in order to define your company's present status and internal goals and commitment, but it's also necessary if you plan to measure your results. Factor 3: Determine how much you can afford to invest in your international expansion efforts. Will it be based on ten percent of your domestic business profits or on a pay-as-you-can-afford process? Factor 4: Plan at least a two-year lead-time for world market penetration...
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...capital income is in par with some of the most developed nations of Europe. This is attributable to the oil revenues and the booming real estate market. UAE is also now fast developing as alternative luxury tourist destination. However, the falling oil prices, banking crisis and turbulence in the real estate have done a lot of damage to the economy. The economy of UAE is open with the high living standard of the people and equally higher per capital income with the annual trade surpluses as well. In the last 30 years, the economy of UAE has always been known as that of based on oil and oil products but some serious efforts in last two decades has changed this scenario and now the GDP of UAE based on oil and natural gas is just 25%. The government is now quite concerned with the creation of jobs, creation of world class infrastructure and opening up its many areas for the private players. The country is also now committed in making UAE a truly world class destination for commercial and residential space with some very unique ideas and projects. The year 2009 has not been very good for the economy and the economy saw a drop of 4% drop in GDP due to the falling oil prices, financial crisis, tight international credits and recession in the real estate market. In the year 2009, the greatest set back to the economy came from the depressed real estate prices in Dubai...
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...Nottingham University Business School MBA Programmes Strategic Management COPY [ ] Word Count [ ] Table of Contents 1. Executive Summary 4 2. Introduction 5 3. Industry Analysis 6 3.1 Market Value 6 3.2 SWOT Analysis for the Technology Sector 7 4. Non-Financial Analysis 8 4.1 Google Inc. 8 4.1.1 Company Profile 8 4.1.2 Strategic Target 8 4.1.3 SWOT Analysis 9 4.1.4 Others 10 4.2 Microsoft Corp. 11 4.2.1 Company Profile 11 4.2.2 Strategic Target 12 4.2.3 SWOT Analysis 13 4.2.4 Others 13 4.3 Amazon.com 14 4.3.1 Company Profile 14 4.3.2 Strategic Target 14 4.3.3 SWOT Analysis 15 4.3.4 Others 15 5. Financial Analysis 16 5.1 Profitability 16 5.1.1 Year-on-Year (YoY) Revenue Distribution 16 5.1.2 Net Income 19 5.1.3 Return on Total Asset (ROTA) 20 5.1.4 Return on Equity (ROE) 21 5.2 Liquidity and Financing 22 5.2.1 Short-Term: Current Ratio 22 5.2.2 Long-Term: Gearing 23 5.3 Shareholder Value 24 5.3.1 Earning Per Share (EPS) 24 5.3.2 Price Earning Ratio (PE Ratio) 25 5.3.3 Dividend Per Share 26 5.4 Risk and Discounting 26 5.4.1 CAPM and NPV on Google Inc. 27 5.4.2 CAPM and NPV on Amazon.com 29 5.4.3 CAPM and NPV on Microsoft Corp. 31 6. Investment Decision and Conclusion 34 6.1 Investment Evaluation’s Matrix 34 6.2 Investment Decision and Conclusion 38 7. References 39 8. Appendix 40 Figures and Tables Figure 51: Amazon YOY Revenue, Cost...
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...The United Arab Emirates Uae Economics Essay In less than four decades, the United Arab Emirates, a relatively young country, changed from a huge desert to a country that is known today as one of the best in the world to live in. The UAE is a federation of seven monarchies: Abu-Dhabi, Dubai, Sharjah, Ajman, Fujairah, Ras AL- Khaimah and Umm al-Qaiwain. The country is located in the Middle East and is part of the Gulf Cooperation Council which is an economic alliance of six countries bordering the Arab Gulf. Its law is based on Sharia but the UAE is one of the most liberalized countries in the GCC: others beliefs and religions are tolerated. The economy is heavily depending on oil wealth despite the government's efforts to diversify the sources of income. The population is mostly comprised of expatriates (88.52% of the total population in 2010 as per the National Bureau of Statistics estimates). Abu Dhabi, which is known as the driving force in economic, political and decision making process, account for about 90 percent of the oil production, and oil contribute 56% of the entire GDP of the emirates. Dubai is actually the main responsible for the remarkable growth witnessed in the majority of the UAE non-oil sector, Dubai serves as the financial hub in the whole middle east, with commerce, transportation, services and tourism as the driven force of the economy. Its GDP has experienced an exponential growth of around 245% from 2000 to 2011. In the UNDP's Human Development Report...
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