Dubai’s Property Pain: 15-20% Drop In Prices Again This Year, Says Rasmala

alifarabia | February 17, 2012 | Macroeconomic Data, UAE | 1 Comment

While Dubai’s economic environment is improving rapidly, the real estate sector is likely to go through more pain and fall by a further 15-20% before bottoming out, says Rasmala.

While Dubai’s economic environment is improving rapidly, the real estate sector is likely to go through more pain and fall by a further 15-20% before bottoming out, says Dubai-based Rasmala. READ MORE HERE

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  1. Real Estate in Dubai Reply

    Despite a slump in the property market in recent years, The Dubai Real Estate Market continues to hold great prospects for real estate investments opportunities. real estate investment experts are still holding the view that Dubai’s real estate market will continue to recover with only a 4% decrease last year.

    This Amazing Arabian country continues to attract high traffic, which has led to an increase in accommodation and rental fees.

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