Dubai housing boom buoys buyers, burdens tenants

Dubai housing boom buoys buyers, burdens tenants
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February 23, 2023 at 08:54AM
World News Headlines, Latest International News, World Breaking News - Times of India
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In upscale Dubai neighbourhoods, where properties sell for more than $10 million, the 219 sales recorded in 2022 were "more than the total recorded between 2010 and 2020", said real estate consultancy Knight Frank. Property prices in these prime locations jumped by 44 per cent in 2022 compared with the year before, it said.