Headlines focusing on the biggest shifts in Dubai real estate prices and rental costs may be distorting the perception of the market recovery suggesting the boom times are back. The reality is a more subdued recovery for most locations.
The Prime Global Rental Index published by property broker Knight Frank showed just a two per cent rise in average prime rental costs between June and March, and a 3.3 per cent rise over the year to end of June. Admittedly rises are accelerating but this is hardly a runaway boom.
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ReplyDeleteYes, the Real Estate in dubai has been at its peak. I being a Duabi Real Estate Brokers looking to invest in real estate this year. thanks for the share!
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