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Property prices in the UAE are expected to stabilise in 2021 as the economy recovers from the coronavirus pandemic-induced slowdown and government initiatives spur growth, according to analysts.
“Once Covid 19 is resolved, things will be better economy wise and, of course, Dubai Expo is coming next year and there is the 50-year anniversary of the UAE,” Haider Tuaima, head of real estate research at ValuStrat consultancy tells
The National. “There are a lot of positive things going forward. The market could be heading towards bottoming out next year.”
We expect more investments to happen next year, especially from China that will help the market