Residential and Commercial Property in Dubai
Residential and Commercial Property in Dubai |
News - Emaar says inflation will not impact UAE property prices.Emaar Properties, a leading real estate firm in Dubai, has stated that increasing inflation in Dubai and throughout the UAE should not have an impact on the demand for property in the UAE.
Emaar Chairman Mohamed Alabbar said: "It will not impact demand in the UAE because it is a global phenomenon. It has not affected our profit... but we have to be cautious and work with long-term contracts (for construction material)."
The prices of property in Dubai and throughout the UAE have seen large increases recently as the supply of new units fails to keep up with an increasing level of demand. Alabbar also mentioned that the Burj Dubai, Emaar’s $20 billion property development and the world’s tallest tower is now due for completion in August or September of next year.
|
Property SearchApartments in Dubai Marina
Looking to buy a property in Dubai? Take a look at our selection of apartments in Dubai Marina. Looking to invest in property overseas?
|
Dubai Property | Off-plan Property | Ras Al Khaimah Property | Dubai Real Estate | Property to rent in Dubai | The Souk |
