About 6,000 new homes sitting empty in Dubai amid poor property market conditions | The National:
"Nearly a third of all the homes expected to be completed in Dubai this year are sitting empty, brokers say.
Poor market conditions and construction delays have been blamed for the situation as brokers slashed their estimates for completions.
According to the property broker CBRE, about 6,000 homes in areas such as Sports City and Dubailand have been largely completed but have not yet been handed over to buyers."
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