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.
Listen

World’s Coolest Winter campaign spotlights UAE entrepreneurs
UAE set for second phase of single-use plastic ban
Dubai tests drones to clean traffic signals
UAE leaders hail 'enduring bonds of friendship' on Bahrain's National Day
UAE locally produces 3 oncology medicines to strengthen fight against cancer
UAE stands in solidarity with Morocco over deadly flash floods
Dubai mandates front number plates for delivery bikes
UAE condemns drone attack on peacekeeping base in Sudan
UAE condemns Israel’s approval to establish 19 settlements in West Bank
UAE, European Commission Presidents explore closer ties
H.H. Sheikh Hamdan reviews Dubai Customs' innovative progress
UAE, Cyprus Presidents discuss enhancing strategic partnership
Emirates, Dubai Humanitarian launch airbridge for Sri Lanka cyclone victims
RTA chalks out route map for Dubai Metro Blue Line
UAE opens Emirates Medical Centre to serve patients in Gaza
UAE President receives official welcome at Presidential Palace in Nicosia
Rain hits parts of UAE: Dubai Police issues public safety SMS alerts
UAE condemns terrorist shooting at Bondi Beach
UAE condemns shooting at Brown University in US
Sheikh Mohammed honours Palestinian architect with 'Great Arab Minds' award
