Timing the next recovery in Dubai’s property market:
Nobody is talking of an “immediate” recovery for Dubai’s property market this year. But it’s not the same as saying there will not be some green shoots of recovery.
The GCP-Reidin report reckons there will be “selective” gains visible in the market, with some communities actually recording a turnaround in property values.
This, the consultancy says, will be helped by developer incentives and locations such as Jumeirah Village Circle and Al Furjan likely beneficiaries.
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