Dubai property prices to continue slide in 2016

08 Oct 2016

(MENAFN) According to Deloitte, Dubai’s residential and hospitality markets’ prices in H1 of 2016 and real estate prices will continue to fall for the remainder of the year.

New reports expected that although residential sale prices will decline further in Dubai over the coming months, the rate of decline will slow, as value and affordability returns to the market.

Additionally, in year on year data indicates that overall sales prices in Dubai declined by 3.8% to June.

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