Dubai’s real-estate market will see a “rebalancing” between supply and demand into next year, according to the head of the emirate’s largest developer. The company expects growth next year even amid the correction in the housing market, Emaar Properties PJSC Chairman Mohamed Alabbar said Wednesday at the Bloomberg Markets Most Influential summit in Abu Dhabi. […]
Residential real estate prices in Dubai may have started bottoming out in certain areas, a new report has found. The monthly ValuStrat price index for Dubai’s residential market found that – on average – there were minute indications of an early recovery in some areas in February. Compared to a 100 point base in January […]
Dubai’s property market is predicted to have a tough year in 2016 as oil prices weigh on the market The managing director of Dubai-based property developer Damac has said he is ready “go on TV naked and resign” if the Dubai real estate market crashes as predicted. Ziad El Chaar made the comments when speaking […]
