Property experts have said that the Dubai market has shown signs of bottoming out, with no significant price declines in recent months. Satish Kumar / The National
Dubai’s residential market is on the verge of an "imminent" increase in prices as a result of improving economic conditions and a relatively stable supply, according to a new Reidin/Global Capital Partners report.
The study, A Tale in Three Markets, says that recent trends in equity and oil markets and the limited supply of new completed units all point to a citywide increase in property prices in the near future.
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