Dubai real estate market experiencing slowdown, says JLL report

NULL

Dubai’s real estate prices will continue to soften into 2016, before recovering in the buildup to Expo 2020. That’s according to new research from the property services firm JLL MENA, which says the increased focus on affordable housing in Dubai is a sign of maturity in the market. The report also shows residential prices have dropped by 11% over the year, while rental prices have also decreased. Craig Plumb, Head of Research for JLL explained the changes to ARN.

Listen

More from Local News

Recently Played

Latest Blogs

  • PINOY BULLETIN: JUNE 09 - 13, 2025

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.

  • PINOY BULLETIN: JUNE 02 - 06, 2025

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.

  • PINOY BULLETIN: MAY 26 - 30, 2025

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.