Wed, Oct 18, 2017
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Research, Residential property Watch more

Dubai: Oversupply in residential market to peak in 2012

Posted on 06 August 2010

From Emirates247.com: Residential oversupply in Dubai is set to peak in 2012 with vacancies estimated at 25 to 28 per cent, Landmark Advisory said. Commercial oversupply will continue, with up to 45.9 million square feet of empty office space by 2014 and vacancies likely to reach 53 per cent in 2011 and a high of 58 per cent in 2013/2014, the real estate consultancy said in its third quarter Dubai and Abu Dhabi real estate report.
In Dubai, there has been a slight reversal of the coastal-inland villa bifurcation, however, coastal properties have maintained significant premiums……………………………………….Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
banner
October 2017
M T W T F S S
« May    
 1
2345678
9101112131415
16171819202122
23242526272829
3031