The residential property prices in Dubai, UAE, fell 10 per cent in the first three months of the year due to a strong dollar and also because buyers had less cash to spend following the oil price slump, said a report.
The Dubai re
Abu Dhabi will see existing residential supply augmented by the handover of 3,500 units and a rush of standalone tower projects during the second half of the year, offering mid-level investors a wide choice of properties, a report said.
Kuwaiti real estate sales recovered in September registering a 11.2 per cent year-on-year growth to hit KD199.5 million ($722 million) after slowing down in August mainly due to Ramadan, said a report.
The Kuwaiti residential sector accoun