Real estate markets operate in cycles and the market in Dubai is no different. Recent pressures in the Dubai residential real estate sector have prompted increasing discussion amongst investors in the region, with some raising concern that the sector may experience significant price adjustments. While adjustments should be expected in any market, there are a number of factors which suggest any corrections are likely to be less severe than those experienced in 2008.
In this groundbreaking analysis of a key economic sector, KPMG’s Building, Construction and Real Estate team examines:
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