Dubai residential capital values dip 11.1 per cent in 2018:
Dubai’s apartments and villas are indeed becoming more affordable for both buyers and tenants, with sale and rental prices continuing to register a decline.
The city’s residential property market posted an overall 11.1 per cent drop in capital values in 2018, with quarterly declines of 3.1 per cent, according to the latest data released by ValuStrat.
Since the last quarter, all established freehold locations registered price reductions ranging from 2.3 per cent to 5.5 per cent.
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