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Residential property values in top UAE markets down in 2020 DUBAI, 9 hours, 32 minutes ago With population levels in UAE s top real estate markets, Abu Dhabi and Dubai, estimated to have declined by roughly 5% in 2020, growing levels of supply and existing vacancy levels, there has been a steep decline in residential property values in both these emirates, according to global real estate consultancy Knight Frank.    Whilst population growth is expected to return in 2021, it will likely not be at least until late 2022 before the population levels return to their pre-pandemic levels, stated the expert.    In Dubai, this lower level of demand will be further compounded by a continuing influx of supply, which in turn is likely to continue to put pressure on property values, Knight Frank stated in its UAE Property Value 2021 Movement report.

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