Analysts expect property prices in Dubai and Abu Dhabi to fall further

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Nicholas Wallwork

Nicholas Wallwork

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The fall in property prices in Dubai is slowing analysts are not expecting any sudden improvement in the emirate’s real estate market. Sale prices fell 1.9% and rents were down 0.7% in January, according to figures from Deutsche Bank. ‘We still do not see any improvement in fundamentals that could trigger a recovery,’ said analysts [...]

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