Summary: Dubai’s rental market is more resilient than its sales counterpart, according to new data.
Property prices in Dubai are falling at a quicker pace compared to rents, according to a new study.
Last week, figures from Al Ruwad Real Estate Consultants indicated that the market had enjoyed growth of 2.5% in the first half of 2015, but a report from ReidIn suggests prices are still coming down.
The firm’s latest UAE Residential Market Overview demonstrates that sale prices have fallen 4% in the last three months, while rents dropped by 2% in the same period.
