Dubai’s soaring home prices, underpinned by a much-improved economic climate and robust need, are probable to carry on their uptrend, but no bubble is within the horizon, industry experts claimed.
After a serious drop in costs due the worldwide economic downturn in 2009, Dubai’s property market commenced to recover in 2011. Previous year, rates for apartment for rent in Dubai went up to 38 %. Rents also amplified by 20 percent for studio apartment and for villas seventeen percent. Continue reading