Dubai's real estate slump to continue until 2020

Posted by Staff Reporter on Feb 20, 2018 09:24 AM EST
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Dubai's real estate slump to continue until 2020more big
Dubai's real estate slump to continue until 2020

Dubai real estate prices could decline by 10 to 15 percent over the next two years, hit by new supply, geopolitical risks and the introduction of value added-tax in the United Arab Emirates, S&P Global Ratings’ analysts said on Tuesday.

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