Construction|News

With Dubai Expo Postponed, Home Buyers to Benefit from Another Year of Price Declines

Home values, where overbuilding has caused a yearslong price slump, were already down 30% from their last peak in 2014 The pandemic and the resulting postponement of Dubai’s long-awaited World Expo, which was supposed to commence in October, ensures the city’s yearslong price slump will persist for at least another year. “Last year, we said values would go down 7% to 10%” in 2020, said Haidar...

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