SUBSCRIBERS

Dubai home prices expected to dip further on oversupply: CBRE

Apartment prices fell 4.6% on average last year, while rents also dropped about 4%, according to CBRE

Published Tue, Jan 17, 2017 · 09:50 PM
Share this article.

Dubai

DUBAI home prices are set for another year of decline with supply outstripping demand even as developers delay the completion of properties, according to real estate adviser CBRE Group Inc.

"We expect to see a slight decline in values, which is …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here