After the recovery and stabilization of Dubai property prices in the first half of the year this autumn is shaping up to be rather different with a tougher global economic environment putting a squeeze on purchases by foreigners and new supply continuing to flood onto the market.
Dubizzle.ae, the UAE listings website has 22,590 units available for rent and 17,482 for sale. There have apparently been around 2,000 new properties delivered so far this year, though talk of 20,000 units in 2011 looks very wide of the mark.
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