Comment on Dubai's real estate market is looking vulnerable again

Dubai's real estate market is looking vulnerable again

Dubai's property market looks like it has hit a peak. Residential real estate sales fell by 69% in the first half of 2015 compared to the same period the year before, according to a report released by the country's Land Department. This after the IMF warned the Dubai government that it could be facing another property bubble due to “unsustainable price dynamics and an eventual correction” in May of 2014.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News