The Business Times

Property

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Property

SUBSCRIBERS

Dubai's real estate markets peaking: JLL

Published Sun, Jan 18, 2015 · 09:50 PM
Share this article.

Dubai

DUBAI'S markets for residential real estate and hotel properties are peaking as lower oil prices dampen sentiment, though strong government spending and the emirate's diversified economy mean a sharp pull-back is not expected, consultants JLL said in a report on Sunday.

The residential market surged early last year on the back of a strong economy, with rents up 15 per cent and selling prices up 20 per cent in 2014 as a whole. But activity cooled considerably in the …

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