Dubai’s real estate prices will continue to soften into 2016, before recovering in the buildup to Expo 2020. That’s according to new research from the property services firm JLL MENA, which says the increased focus on affordable housing in Dubai is a sign of maturity in the market. The report also shows residential prices have dropped by 11% over the year, while rental prices have also decreased. Craig Plumb, Head of Research for JLL explained the changes to ARN.
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Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
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