More signs of slowdown in Dubai property market | The National:
"Dubai’s property market has shown more signs of a first quarter slowdown as new housing comes on stream at a time of slowing sentiment.
Average apartment prices fell 2 per cent compared with the previous quarter and villa prices fell 1 per cent during the first three months of the year, the property broker JLL reported as developers completed 730 new homes across the emirate.
“The first quarter of the year continued to see subdued activity in Dubai’s real estate market,” said Craig Plumb, head of research at JLL’s Dubai office."
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