UAE Property Trends

Dubai property prices could drop up to 15% as they hit peak, report says

Property supply in Dubai will grow 16% compared to a 5% increase in population, says Fitch Dubai’s property prices have reached their peak in the current cycle. A correction is expected soon with prices likely to drop not more than 15 per cent, according to a new study released on Thursday. According to global ratings agency Fitch, the emirate will see a massive increase in new supply, growing at...

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