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Dubai’s real estate slump to last until 2020: S&P analysts

Dubai real estate prices could decline by 10 to 15% over the next two years, hit by new supply, geopolitical risks and the introduction of value added-tax in the United Arab Emirates, S&P Global Ratings’ analysts said yesterday. The grim prediction came after Dubai residential prices fell by 5 to…

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Click here to read the full story: Gulf Times

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