Thursday 13 June 2019

#Dubai's house prices plunge 14.5% in May: report | ZAWYA MENA Edition

Dubai's house prices plunge 14.5% in May: report | ZAWYA MENA Edition:

House prices across Dubai plunged by 14.5 per cent in May when compared to same period last year, while it fell by 1.5 per cent month-on-month, according to Dubai House Price Index.

The index is produced by real estate data platform Property Monitor, a unit of Cavendish Maxwell, one of the largest and most respected property consultancies in the region.

The Dubai House Price Index has been tracking residential sales prices for the same selection of properties from September 2015.

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