New properties coming on stream are expected to keep house prices and rents in the United Arab Emirates subdued and under pressure, it is claimed.
According to a new report from property advisor Tasweek only sought after locations in Dubai is likely to see any improvement because of the sheer number of releases in the real estate market.
Abu Dhabi is likely to see house prices and rents drop by between 2% and 10% while in Dubai less p-popular locations could see falls of 2% to 5%.
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