Dubai property correction expected to continue into 2016

Dubai house prices fell in the two months to the end of August as the city’s property correction continued. According to new figures from broker CBRE, average house prices in Dubai dropped by another 2 per cent during the period, equating to a 6 per cent fall compared with the same period a year earlier. […]

manager No Comments September 14, 2015 1:45 pm

Dubai house prices slip over first quarter, rents stable as new homes arrives

House prices in Dubai fell slightly during the first three months of the year as thousands of new homes came on stream. Figures released by the property broker CBRE reveal that average house prices in the emirate fell 2 per cent compared with the previous quarter after 16,000 new homes were completed during 2014. The […]

manager No Comments April 11, 2015 5:13 pm