The adjustment could benefit residents and end-users as buyers will enjoy greater choice and bargaining power as supply peaks, while tenants may see rent stabilisation Dubai's property market, which has been on a remarkable rally for four years, is approaching a decisive turning point with predicted market rebalancing in the offing. Global ratings agencies Moody’s and Fitch both expect a market...
Property prices in the emirate saw a 1.6 per cent monthly increase and a 24.7 per cent rise since May last year, led by villas, said one expert Dubai property prices increased 8 per cent in the first five months of this year, said Haider Tuaima, managing director and head of real estate research at ValuStrat. However, prices will see a moderation in growth rather than a decrease in value over the...
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