Property prices in sunny Dubai have already dropped 48% since last year, and they are about to fall another 20% according to research firm Colliers International. The global economic crisis has taken its toll in Dubai as in most other places, and as more completed developments reach the market, prices are falling quickly as demand drops away. This is not predicted to change until demand once again outstrips supply.
Posts Tagged ‘housing market in Dubai’
Dubai Property Prices Dropping As Oversupply Floods The Market
by OP-Mall on Wednesday, October 28th, 2009 in Dubai Property



