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Real estate prices in Dubai is an interesting topic. Will property prices go up or down? What to expect for the real estate prices in the coming years?
Dubai’s property prices started going down in 2014 (see here). Therefore the most important question for investors, is to determine when they will stabilize, and start going up again. Standard & Poor’s analysts say 2020, after 6 years of continued decline (-25%) in real estate prices.
The curb of real estate prices (see here) shows that housing prices in 2019 are similar to those of 2011, hence showing that the strong increase observed from 2011 to 2014 was entirely compensated since 2014.
Several indicators and trackers exist, to help you observe the evolution:
Luckily, PropertyFinder.ae (one of the leading real estate websites in Dubai) has developed interactive maps showing the best neighborhoods in Dubai. Spoiler alert: the top 3 most appreciated neighborhoods in Dubai are:
Property prices per Dubai’s neighborhood as well tracked by Bayut (see here) as well as PropertyFinder with their community guides. Indeed, these community guides show the average price per type of property.
For more details about real estate prices in Dubai, read the different articles in this category.
Dubai property prices to fall sharply Dubai house prices will decline sharply, according to property market experts in a Reuters poll. A…
Dubai property prices are doomed to keep falling, according to TheNational. What’s the root cause of this phenomenon? How can we expect…
Property prices crash in Dubai Dubai real estate prices are down. Here are some key facts: Property prices in Dubai fell by…
