Dubai real estate sector faces risk of cyclical reverse
K Raveendran As real estate prices continue to rise in Dubai, the risk of a cyclical reversal is mounting, rating agency Standard & Poor’s has said in a report. The agency, however, adds that the Dubai developers are well prepared for such a turn of events. S&P estimates that prices will increase 15%-18% in 2023 and by another 5%-7% in 2024 as the Dubai market gradually slows […]



















