Property prices in UAE continues to drop

In Dubai, residential property prices fell by 4.05% during 2019, following y-o-y declines of 8.22% in 2018, 5.23% in 2017, 2.86% in 2016, and 14.1% in 2015, amidst weak economic growth, low investor sentiment, and an oversupply of housing. During the latest quarter, house prices in Dubai dropped 1.5% q-o-q. For more information, go to https://www.globalpropertyguide.com/news-property-prices-in-uae-continues-to-drop-4012