dubai housing market news

Dubai Seen Prepared as Home Prices Predicted to Tumble 20%

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Faced with predictions that Dubai home prices may drop as much as 20 percent this year, analysts say the emirate’s real estate developers and lenders are better prepared than when a crash in 2008 brought the city to the brink of bankruptcy. Standard & Poor’s this week estimated that values may fall by as much … Read more

Dubai: Developers Take on Affordable Housing

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Major Dubai real estate developers are planning projects that include affordable housing units Dubai-based real estate developer MAG has announced a project of over 1,000 residential units in the Dubai World Central area near Al Maktoum International Airport. MAG 5 Boulevard is a joint venture with MBM Holding and will include studios starting from 449,000 … Read more