Real estate investors and owner-occupiers must “focus on localities”

EXCLUSIVE: Cavendish Maxwell’s chief economist Julian Roche says some locations in Dubai are showing signs of stabilisation.

Current trends in the UAE real estate market – specifically in Dubai and Abu Dhabi – show property prices continuing to drop, while the number of sales transactions hit 11-year highs, spurred by strong supply and a healthy pipeline of residential and commercial properties.

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