Dubai’s real estate prices will continue to soften into 2016, before recovering in the buildup to Expo 2020. That’s according to new research from the property services firm JLL MENA, which says the increased focus on affordable housing in Dubai is a sign of maturity in the market. The report also shows residential prices have dropped by 11% over the year, while rental prices have also decreased. Craig Plumb, Head of Research for JLL explained the changes to ARN.
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UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received US Senator Lindsey Graham at Qasr Al Shati in Abu Dhabi on Wednesday.
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Dubai has announced the exemption of 316 Emirati citizens from housing loan repayments.
