Property prices still falling in Dubai, latest real estate index shows

[Nicholas Wallwork]

Residential property prices are still falling in Dubai, and were down an average of 1.23% in May, according to*the latest real estate index to be published.

The Reidin Index shows that apartment prices dropped 2.88% in May compared with April while villa prices were*down 0.63%. It is a new real estate index launched in partnership with the emirate's property regulator RERA.

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[Brendan R]

Hi ,,,, what is the reason behind of it why it is falling ..........?:smokin:

there is nobody in Dubai, it's 50 degrees

 

[Land Sterling]

There is demand where the quality is right, the price is right and the location is right

You cant just say Dubai prices are falling...its a very general comment to make .. falling where? You need to be more specific.

Our research shows that certain areas have stability in prices.

There are many factors that impact prices.

LS.