Property consultancy Landmark Advisory has said that sale prices and rents for villas, apartments and offices in Dubai will continue to decline through Q1 2010 because of supply glut, with apartment prices likely to take the biggest hit and falling as much as 20% in the next 18 months, Reuters has reported. After increasing in Q3 last year, villa prices in Dubai stagnated with a marginal increase of 0.2% in the fourth quarter.
Subscribe to MEED to receive your choice of premium newsletters
 |
 |
 |
 |
Identify and track projects across the Middle East and North Africa through MEED Projects. Subscribers can track projects, conduct trend analysis, forecast, produce strategic reports and ultimately win new business.
Middle East data, research and analysis - from broad macroeconomic statistics to specific sector data, MEED Insight can help you accurately and cost effectively forecast market growth and trends.
MEED Events provide high profile speakers, relevant and critical business content and the latest news from across the GCC. With a portfolio that includes large-scale summits, two-day industry specific conferences and unique networking opportunities.
Site powered by Webvision
Share
