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Dubai now a ‘seller’s market’ after surge in property transactions
Wealthy Russian buyers and a post-pandemic bump are among the factors that are spurring house sales in the UAE.
Property prices in Dubai crossed their 2014 peak last year (Photo: Getty Images)
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A three-year price rally for Dubai property has some declaring that an affordability crisis is taking shape in the UAE’s most populous emirate. It has also made for a seller’s market, as analysts predict a slowdown is coming in...