More gloom for Dubai property market as prices keep falling

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Nicholas Wallwork

Nicholas Wallwork

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Hopes that political turmoil in the Middle East might boost the property market in Dubai have faded as the latest real estate report shows that prices are still falling. Residential property values fell 1.2% in May compared with the previous month and rents fell by 1% according to the report from Deutsche Bank. ‘Despite talks [...]

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