Will property prices fall in Dubai?

Dubai real estate market forecast

Dubai’s real estate market has been fuelled by the city’s tourism boom and rise in purchasing power. However, with the recent oil price crash and a sluggish global economy, analysts are forecasting that this will impact Dubai’s property sector. We expect foreign buyers in the UAE to decrease by 13% by 2022 as a result of weaker macroeconomic factors. Some of Dubai's international schools...

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