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Dubai home prices to fall further in 2019 on oversupply: S&P

House Prices

Dubai home prices to fall further in 2019 on oversupply: S&P

Reuters - By Davide Barbuscia

DUBAI (Reuters) - Dubai residential property prices will fall another 5-10 percent this year due to a continued gap between supply and demand, before steadying in 2020, S&P Global Ratings said on Tuesday. The Dubai government's finances rely in large part on real estate-related income so they could …

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