Dubai realty turning into seller s market?
Photo: Wam
Buyers signing on dotted line a lot quicker than they previously would have on fear of missing out on a property they like
Is Dubai’s realty sector making a dramatic transition to a seller’s market despite the lingering headwinds of the pandemic-induced economic slowdown? Property pundits say they are witnessing such a shift with the ratio of buyer enquiries far outstripping new supply.
“Ready properties of high-quality finishes that are kept well are in high demand and with so much competition from buyers at the moment, we are seeing undersupply issues leading to property price increases,” property consultancy company Allsopp & Allsopp says.
Dubai realty turning into seller s market? | ZAWYA MENA Edition
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Dubai realty making a dramatic transition to a seller s market?
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.