No real estate gains for Dubai as softening continues | GulfNews.com:
"As another quarter goes by, it seems there is no stopping the downward trend in sales transactions and values that has taken hold of the Dubai property market.
At this rate — and without something happening suddenly to turn things around — home prices in Dubai could continue to drop all through next year, according to projections put out by the consultancy JLL, with the next ‘growth cycle’ being pushed further down the line to the period just before Dubai’s Expo 2020.
Apartment prices in the third quarter dropped 3 per cent compared to the second quarter but for tenants there is little to cheer about as rental values fell 1 per cent quarter-on-quarter, JLL estimates show."
'via Blog this'
No comments:
Post a Comment