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UAE: Property Prices Hit a 7-Year Low in Dubai
December 17th, 2019 - 08:27 GMT

UAE: Property Prices Hit a 7-Year Low in Dubai

Dubai's residential property supply is set to peak this year and will slow down in the coming years, as oversupply is forcing developers to hold back new launches and deliveries from next year. As a result of growing supply, property prices slid even below 2014 and reached, on average, a 7-year low of Dh895 per square foot. Real estate data provider, Property Finder, showed that the emirate's property market will ...
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