Confidence returning to specific locations and developments in the Dubai real estate market
Although prices are still expected to drop further, confidence is returning to specific locations and developments in the Dubai real estate market with the re-emergence of key lenders.
Projects such as The Old Town, Dubai Marina, Palm Jumeirah, The Meadows and The Greens are proving to be more resilient in both the sales and leasing market.
The reports points out that buyers now have the financial option to upgrade to better quality units in more desirable locations. These improvements on efficiency and quality can only enhance the reputation of the real estate market in Dubai.
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