Thursday, 23 July 2015

Property market in Dubai poised to spring back

Dubai’s property market will improve over the coming months, according to a new report.

The performance of Dubai’s property market was lacklustre performance in the first half of this year, but things are set to change thanks to impressive growth and Dubai’s reputation as a world-class business and leisure destination.

Real estate firm Bayut notes that the first six months of 2015 maintained 2014’s sluggish pace, but “it will only be [a matter of]time before things turn around and head upwards”.