Dubai property prices up 32% in 12 months

T

totallyproperty

Administrator
Staff member
When you strip away all of the hysteria, comments and opinions about the Dubai property market, the fact remains that Dubai real estate prices have increased by 32% over the last 12 months. This rate of growth in property prices is alarming to say the least and there are growing concerns about a potential property price bubble.

The authorities have attempted to talk down the market over the last few months, new regulations are now coming into play and there are high hopes that lessons were learned from the 2008 collapse. However, will investors heed the advice of Dubai real estate experts and take their foot off the investment peddle for the time being?
 
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